Excelerate Energy (NYSE:EE – Get Free Report) announced its earnings results on Wednesday. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.06), Zacks reports. The business had revenue of $183.33 million for the quarter, compared to analyst estimates of $259.14 million. Excelerate Energy had a return on equity of 1.66% and a net margin of 2.60%. During the same quarter in the previous year, the firm posted $0.23 EPS.
Excelerate Energy Trading Down 2.3 %
Excelerate Energy stock traded down $0.43 during trading on Friday, reaching $18.57. The company had a trading volume of 107,120 shares, compared to its average volume of 213,267. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.52 and a current ratio of 3.52. Excelerate Energy has a 12-month low of $13.38 and a 12-month high of $21.24. The stock’s 50 day moving average price is $18.48 and its two-hundred day moving average price is $16.85. The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of 18.37 and a beta of 1.31.
Excelerate Energy Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 5th. Investors of record on Wednesday, August 21st will be issued a $0.025 dividend. The ex-dividend date is Wednesday, August 21st. This represents a $0.10 dividend on an annualized basis and a yield of 0.54%. Excelerate Energy’s payout ratio is 9.90%.
Analyst Ratings Changes
View Our Latest Stock Report on Excelerate Energy
About Excelerate Energy
Excelerate Energy, Inc provides flexible liquefied natural gas (LNG) solutions worldwide. The company offers regasification services, including floating storage and regasification units (FSRUs), infrastructure development, and LNG and natural gas supply, procurement, and distribution services; LNG terminal services; and natural gas supply to-power projects.
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