Excelerate Energy reports Q4 EPS 14c, consensus 19c

Reports Q4 revenue $240.1M, consensus $317.54M. “Excelerate Energy delivered an exceptionally strong year of financial results in 2023. The consistent earnings contribution from our core regasification business and the solid performance of our contracts in Brazil highlighted the unique potential of our integrated strategy,” said CEO Steven Kobos. “In 2024, Excelerate Energy is committed to moving from strategy to action. We remain focused on executing our growth strategy and optimizing our business to deliver superior returns for our shareholders. Additionally, we will be using our balance sheet to return capital to shareholders through a new $50M share repurchase program while maintaining the flexibility to pursue our organic and inorganic growth opportunities.”