AI Earnings Predictions for Excelerate Energy Inc. (EE)

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EX-99.1

Press Release

Excelerate Energy Reports Strong Third Quarter 2026 Results

The Woodlands, TX, November 4, 2026 – Excelerate Energy, Inc. (NYSE: EE) (Excelerate or the Company) today reported its financial results for the third quarter ended September 30, 2026.

RECENT Highlights

• Reported Net Income of $60.0 million for the third quarter

• Reported Adjusted EBITDA of $133.5 million for the third quarter

• Executed an 11-year LNG supply agreement with AxDo Bahamas Ltd. ("AxDo") supporting the development of the Bahamas LNG Hub, with AxDo serving as anchor customer of Excelerate's planned offshore LNG storage and distribution terminal near the island of Grand Bahama

• Executed an agreement with Petróleo Brasileiro S.A. ("Petrobras") to extend the FSRU Sequoia contract by five years through 2038 and to install a reliquefaction unit onboard the vessel during its next dry dock in 2028

• Declared a quarterly cash dividend of $0.09 per share, payable on December 3, 2026

CEO COmment

"Excelerate delivered record quarterly earnings, reflecting the essential role our infrastructure plays in strengthening energy security for the markets we serve. During the quarter, our teams continued to operate safely and reliably for our customers, and I'm proud of what they accomplished," said Steven Kobos, President and CEO of Excelerate.

Kobos continued, "We also made meaningful commercial progress, securing new long-term agreements, extending existing ones, and expanding in the Caribbean with the planned Bahamas LNG Hub. The opportunities we've advanced span our footprint, adding diversity to our portfolio and reinforcing our position as a global provider of critical LNG infrastructure. This progress expands our contracted earnings base and advances our sequenced growth strategy, which we believe will create lasting value for our shareholders."

THIRD quarter 2026 Financial REsults

For the three months ended

(in millions, except per share amounts)

September 30, 2026

June 30, 2026

September 30, 2025

Revenues

$

297.2

$

329.3

$

391.0

Operating Income

94.6

80.9

87.2

Net Income

60.0

50.1

55.0

Adjusted Net Income (1)

60.0

50.1

57.1

Adjusted EBITDA (1)

133.5

120.1

129.3

Earnings Per Share (diluted)

0.44

0.37

0.43

Adjusted Earnings Per Share (diluted) (1)

0.44

0.37

0.45

(1) See the reconciliation of non-GAAP financial measures to the most comparable GAAP financial measure in the section titled "Non-GAAP Reconciliation" below.

Net Income and Adjusted EBITDA for the third quarter of 2026 increased sequentially from the prior quarter primarily due to the new charter in Jordan and higher LNG, gas, and power direct margins.

Net Income and Adjusted EBITDA for the third quarter of 2026 increased from the prior year third quarter primarily due to the new charter in Jordan, partially offset by timing of deliveries under our Atlantic Basin agreement.

Key Commercial Updates

Excelerate has executed an 11-year LNG supply agreement with AxDo, a joint venture between Axpo, an international leader in energy trading and marketing, and Bahamas-based energy and maritime logistics company Domicisle LNG, supporting development of the Bahamas LNG Hub. Under the agreement, AxDo, established in October 2026 to conduct small-scale LNG and bunkering operations in

the region, will serve as an anchor customer of the Company's planned offshore LNG storage and distribution terminal near the island of Grand Bahama. The supply agreement provides for LNG deliveries of up to 16 TBtu per year, with additional capacity available to support further sales to AxDo and other customers throughout the region. The Bahamas LNG Hub is designed to provide LNG storage and distribution services for marine bunkering, power generation, and other downstream customers in The Bahamas and throughout the Caribbean. Initial LNG deliveries are expected to begin in the first quarter of 2027, utilizing the existing FSRU, LNG supply, and logistics capabilities of the Company's Jamaica platform. A second phase is expected to include deployment of a Floating Storage Unit ("FSU") near the island of Grand Bahama in the second half of 2028, subject to final permitting and construction timelines, and other contractual provisions. The FSU will serve as the offshore LNG storage and distribution terminal.

In October 2025, Excelerate executed a definitive commercial agreement with a subsidiary of Iraq’s Ministry of Electricity for the development of the country’s first LNG import terminal. The integrated project includes a five-year agreement for regasification services and LNG supply with a customer extension option, and a minimum contracted offtake of 250 million standard cubic feet per day. Critical materials needed for jetty reinforcement and construction of the fixed terminal infrastructure are arriving in country. In addition, the construction workforce for the terminal is on site, and the Company expects

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EX-99.1

Press Release

Excelerate Energy Reports First Quarter 2026 Results

The Woodlands, TX, May 6, 2026 – Excelerate Energy, Inc. (NYSE: EE) (Excelerate or the Company) today reported its financial results for the first quarter ended March 31, 2026.

RECENT Highlights

• Reported Net Income of $50.0 million for the first quarter

• Reported Adjusted EBITDA of $122.2 million for the first quarter

• Executed a definitive nine-month time charter party agreement with Jordan's National Electric Power Company to deploy the FSRU Excelerate Acadia to the country’s existing LNG import terminal in Aqaba

• Declared a quarterly cash dividend of $0.08 per share, payable on June 4, 2026

CEO Comment

"Excelerate delivered strong financial and operational results in the first quarter, demonstrating the strength of our contracted asset portfolio and the consistency of our operations around the world. Our global footprint provides revenue and earnings diversification, and it is a core reason we are able to perform across market cycles," said Steven Kobos, President and CEO of Excelerate Energy.

Kobos continued, "Approximately 200 million tonnes of new LNG supply are expected to come online by the end of the decade, and the push for greater supply diversification is accelerating. The need for regasification infrastructure is growing. Our position as a leading global provider, combined with the strength of our balance sheet, positions us to meet that need.

We are revising our full-year guidance to reflect the delayed startup of our Iraq terminal due to the ongoing conflict in the Middle East, mitigated in part by the expected interim deployment of the Excelerate Acadia to Jordan. The Iraq project fundamentals remain unchanged. Looking ahead, we continue to have confidence in our sequenced earnings growth through 2028."

FIRST quarter 2026 Financial REsults

For the three months ended

(in millions, except per share amounts)

March 31, 2026

December 31, 2025

March 31, 2025

Revenues

$

433.4

$

317.6

$

315.1

Operating Income

82.0

70.4

65.7

Net Income

50.0

39.1

52.1

Adjusted Net Income (1)

50.0

39.7

55.6

Adjusted EBITDA (1)

122.2

112.5

100.4

Earnings Per Share (diluted)

0.37

0.28

0.46

Adjusted Earnings Per Share (diluted) (1)

0.37

0.29

0.49

(1) See the reconciliation of non-GAAP financial measures to the most comparable GAAP financial measure in the section titled "Non-GAAP Reconciliation" below.

Net Income and Adjusted EBITDA for the first quarter of 2026 increased sequentially from the prior quarter primarily due to vessel optimization and higher LNG, gas, and power margins.

Net Income decreased from the prior year first quarter primarily due to higher interest expense related to the 2030 Notes, seasonal maintenance expenses, and an increase in provision for income taxes, partially offset by an increase in LNG, gas and power sales opportunities, mostly related to the Jamaica acquisition. Adjusted EBITDA for the first quarter of 2026 increased from the prior year first quarter primarily due to an increase in LNG, gas and power sales opportunities mostly due to the impact from the Jamaica acquisition.

Key Commercial Updates

Excelerate’s terminal services operations performed as expected during the first quarter, supported by long-term, high-quality contracts. The Explorer and Express FSRUs remained fully operational in the UAE, with crews safe and assets operating reliably in support of Dubai, Abu Dhabi, and the broader region as part of the UAE’s energy security infrastructure.

In March 2026, in connection with the conflict in the Middle East, Excelerate received a force majeure notice from QatarEnergy related to its long-term LNG supply agreement. The Company issued a corresponding notice to Petrobangla under its long-term supply agreement. The transactions are structured on a back-to-back basis, with delivery obligations aligned to supply commitments and supported by contractual force majeure protections.

In October 2025, Excelerate executed a definitive commercial agreement with a subsidiary of Iraq’s Ministry of Electricity for the development of the country’s first LNG import terminal. The integrated project includes a five-year agreement for regasification services and LNG supply, with extension options, and a minimum contracted offtake of 250 million standard cubic feet per day. Jetty reinforcement and construction of the fixed terminal infrastructure have been delayed temporarily due to the conflict in the Middle East and the terminal is no longer expected to commence operations in the third quarter of 2026 as previously disclosed. Project startup is now expected in 2027. The long-term fundamentals supporting the project remain unchanged, driven by chronic power shortages and limited domestic gas processing capacity in Iraq. Current conditions further reinforce the country’s need for reliable and scalable LNG import infrastructure and constr