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Excelerate Energy Expects Q1 Adj. EBITDA To Be $96M-$101M; Sees Q1 Income Before Taxes Between $52M And $9M

Benzinga·04/21/2025 12:14:09
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Excelerate Energy, Inc. (NYSE:EE) (Excelerate or the Company) today reported preliminary estimated financial results for the first quarter ended March 31, 2025.

PRELIMINARY ESTIMATED Q1 2025 FINANCIAL RESULTS

  • Income before taxes expected to be in the range of $52-59 million for the first quarter
  • Adjusted EBITDA expected to be in the range of $96-101 million for the first quarter
  • Cash and cash equivalents expected to be between $600-620 million as of March 31, 2025, which does not include approximately $175.5 million of net proceeds received on April 2, 2025 from the Company's public offering of Class A common stock
  • All $350 million of the Revolving Credit Facility was undrawn and available for borrowing as of March 31, 2025