Excelerate Energy Reports Strong Third Quarter 2026 Results
Business Wire•04/11/2026•16:18 ET
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Key Highlights
- ➤Net income $60.0 million, up from $50.1 million sequentially
- ➤Adjusted EBITDA $133.5 million, up from $120.1 million sequentially
- ➤2026 Adjusted EBITDA guidance narrowed to $495 million-$515 million
- ➤11-year AxDo LNG supply agreement supports Bahamas LNG Hub development
- ➤Petrobras FSRU Sequoia contract extended five years through 2038
Expert Statements
Steven Kobos, President and CEO of Excelerate Energy
“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.”
Steven Kobos, President and CEO of Excelerate Energy
“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.”
Excelerate Energy, Inc. (NYSE: EE) (Excelerate or the Company) today reported its financial results for the third quarter ended September 30, 2026.
Reported Adjusted EBITDA of $133.5 million for the third quarter
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