Excelerate Energy (NYSE:EE) Full Year 2024 Results

Key Financial Results

• Revenue: US$851.4m (down 27% from FY 2023).
• Net income: US$32.9m (up 8.1% from FY 2023).
• Profit margin: 3.9% (up from 2.6% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: US$1.29 (up from US$1.16 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Excelerate Energy Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 9.7%. Earnings per share (EPS) also surpassed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Oil and Gas industry in the US.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Excelerate Energy's balance sheet and an in-depth analysis of the company's financial position.

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