GET DAILY SIGNALSExcelerate Energy (NYSE: EE) Delivers Record Q3 Net Income Despite Revenue Decline
Key Takeaways
- Excelerate Energy (NYSE: EE) reported record third-quarter net income of $60.0 million, up from $55.0 million a year earlier.
- Diluted earnings per share (EPS) came in at $0.44, slightly ahead of the roughly $0.42–$0.43 Wall Street consensus estimate.
- Revenue of $297.2 million fell 24% year over year and came in below analyst expectations of about $363 million.
- Adjusted EBITDA reached $133.5 million, a quarterly record that topped the $128.6 million consensus.
- Management narrowed its full-year 2026 Adjusted EBITDA guidance to a range of $495 million to $515 million and declared a $0.09 per-share quarterly dividend.
Earnings Context and Why It Matters
Excelerate Energy operates floating LNG import terminals and provides regasification, LNG supply, and power-generation services along the LNG-to-power value chain. Its quarterly results matter to investors because the company's earnings are tied to long-term, contracted infrastructure revenue, making each report a window into the durability of its cash-generating assets. The third quarter follows a period of aggressive commercial activity, including new agreements in the Caribbean and Latin America and an extension with Petrobras. With revenue down sharply year over year but profit rising, the report highlights both the strength of Excelerate's contracted earnings base and the volatility created by the timing of LNG deliveries under its Atlantic Basin agreement. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
Reported Results
For the third quarter ended September 30, 2026, Excelerate Energy reported revenue of $297.2 million, a 24% decline from $391.0 million in the prior-year period and below the consensus estimate of roughly $363 million. The shortfall was driven in part by the timing of deliveries under the company's Atlantic Basin agreement.
Despite the top-line miss, profitability improved. Net income rose to $60.0 million from $55.0 million a year earlier, and diluted EPS increased to $0.44 from $0.43. Adjusted EPS of $0.44 edged above the consensus estimate of approximately $0.42 to $0.43. Adjusted EBITDA climbed to a record $133.5 million, up from $129.3 million a year earlier and ahead of the $128.6 million consensus, reflecting a new charter in Jordan and higher LNG, gas, and power direct margins.
The company also declared a quarterly cash dividend of $0.09 per share, payable December 3, 2026, and narrowed its full-year 2026 Adjusted EBITDA outlook to $495 million to $515 million.
Market Reaction and Investor Sentiment
Shares of Excelerate Energy initially declined following the release, falling roughly 2.3% to about $33.50 in the immediate aftermath, according to market data. The mixed nature of the report appears to explain the muted reaction: a profit and Adjusted EBITDA beat was offset by a meaningful revenue shortfall, which some investors read as a sign of delivery-timing volatility rather than underlying demand weakness. Sentiment remains anchored to the company's long-term contracts and its expanding project pipeline, but the top-line miss reinforced caution about quarter-to-quarter revenue variability. The conference call, scheduled for the morning after the release, may provide additional color on how management expects the delivery timing to normalize in coming quarters.
Forward Outlook and Key Factors to Monitor
Looking ahead, investors will be watching several catalysts tied to Excelerate's growth strategy. Management narrowed full-year 2026 Adjusted EBITDA guidance to $495 million–$515 million, while maintenance capex guidance was reduced to $65 million–$75 million and committed growth capital was raised to $400 million–$410 million, reflecting the timing of spend on the company's first FSRU conversion project.
The company's commercial momentum is a central theme. The 11-year LNG supply agreement supporting the Bahamas LNG Hub and the five-year Petrobras extension through 2038 both expand the contracted earnings base, while projects in Iraq and Colombia are progressing toward startup. Investors should monitor execution timelines on these projects, as delays could shift the timing of expected revenue and earnings contributions.
Other factors to watch include the cadence of LNG deliveries under the Atlantic Basin agreement, which drove the third-quarter revenue miss, and broader global LNG pricing and demand conditions. Margin trends, dividend stability, and the pace of growth-capital deployment will also shape how the market evaluates the stock in the quarters ahead.
My Experience With Tickeron’s AI Screener
In my own research process, I frequently rely on Tickeron’s AI Screener to quickly filter energy infrastructure names and compare technical and fundamental metrics across peers. It helps surface comparable opportunities and monitor shifting conditions without spending hours on manual analysis, which has been useful when evaluating names like Excelerate Energy alongside broader sector trends.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
Momentum Indicator for EE turns positive, indicating new upward trend
EE saw its Momentum Indicator move above the 0 level on October 28, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 92 similar instances where the indicator turned positive. In 74 of the 92 cases, the stock moved higher in the following days. The odds of a move higher are at 80%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where EE's RSI Oscillator exited the oversold zone, 10 of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 59%.
The Moving Average Convergence Divergence (MACD) for EE just turned positive on October 27, 2026. Looking at past instances where EE's MACD turned positive, the stock continued to rise in 30 of 45 cases over the following month. The odds of a continued upward trend are 67%.
Following a +4.09% 3-day Advance, the price is estimated to grow further. Considering data from situations where EE advanced for three days, in 200 of 278 cases, the price rose further within the following month. The odds of a continued upward trend are 72%.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for EE moved below the 200-day moving average on October 27, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EE declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 73%.
The Aroon Indicator for EE entered a downward trend on October 26, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 22 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 45 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.605) is normal, around the industry mean (154.612). P/E Ratio (23.577) is within average values for comparable stocks, (7.167). Projected Growth (PEG Ratio) (0.500) is also within normal values, averaging (13.660). Dividend Yield (0.010) settles around the average of (141319585792.000) among similar stocks. P/S Ratio (0.839) is also within normal values, averaging (4.657).
The Tickeron Price Growth Rating for this company is 47 (best 1 - 100 worst), indicating steady price growth. EE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is 79 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. EE’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 42, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a distributor of electricity
Industry OilGasPipelines
Advertisement