Excelerate Energy (EE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Excelerate Energy (EE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Given the positive natural gas backdrop, investors should consider buying companies like EE, EXE and WMB.
EE states that the acquired assets from New Fortress Energy should expand its LNG infrastructure portfolio.
Liquefied natural gas infrastructure provider New Fortress Energy said on Thursday it would sell its assets and operations in Jamaica to Excelerate Energy for about $1.06 billion.
Liquefied natural gas infrastructure provider Excelerate Energy is nearing a deal to acquire the Jamaica business of smaller rival New Fortress Energy for about $1.1 billion, according to people familiar with the matter.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Excelerate Energy, Inc. (NYSE:EE ) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Craig Hicks - Vice President of Investor Relations & ESG Steven Kobos - President and Chief Executive Officer Dana Armstrong - Executive Vice President and Chief Financial Officer Oliver Simpson - Executive Vice President and Chief Commercial Officer David Liner - Executive Vice President and Chief Operating Officer Conference Call Participants Noah Katz - JPMorgan Chris Robertson - Deutsche Bank Zack Van Everen - Tudor, Pickering, Holt & Co. Michael Scialla - Stephens Theresa Chen - Barclays Bobby Brooks - Northland Capital Markets Craig Shere - Touhy Brothers Investment Research Operator Hello, and welcome to the Excelerate Energy Fourth Quarter and Full-Year 2024 Earnings Conference Call. My name is Alex, I'll be coordinating the call today.
Excelerate Energy (EE) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.14 per share a year ago.
GPOR, SM and EE made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 13, 2025.
JP Morgan analyst Jeremy Tonet downgraded Excelerate Energy, Inc EE to Underweight from Neutral, raising the price target from $22 to $31.
Gulfport, Excelerate and Flotek Industries are included in this Analyst Blog.