Excelerate Energy reports Q1 adjusted EPS 49c, one estimate 40c

Reports Q1 revenue $315.1M vs. $200.1M last year. The company said, “Excelerate delivered another quarter of strong earnings results. Our first quarter performance underscores the effective execution of our strategy and our ongoing efforts in cost management across the organization. Additionally, we are excited about our recently announced acquisition of an integrated LNG and power platform in Jamaica. This strategic transaction is anticipated to expand and diversify our global presence, increase our earnings, and improve our operating cash flow. We are committed to enhancing shareholder returns through our disciplined approach to capital allocation and our unwavering focus on near-term value creation.”