Excelerate Energy Declares $0.08 Quarterly Dividend
Excelerate Energy, Inc. (NYSE: EE), a U.S.-based LNG infrastructure company, announced a quarterly cash dividend of $0.08 per share on its Class A common stock. The dividend represents an annualized rate of $0.32 per share.
Excelerate Energy, Inc. (NYSE: EE), a U.S.-based LNG infrastructure company, announced a quarterly cash dividend of $0.08 per share on its Class A common stock. The dividend represents an annualized rate of $0.32 per share. Read more dividend announcements.
The company's board of directors approved the dividend on February 19, 2026. The payment will be made to shareholders of record as of the close of business on March 11, 2026.
| Dividend Details | Information |
|---|---|
| Amount | $0.08 per share |
| Annualized Rate | $0.32 per share |
| Record Date | March 11, 2026 |
| Payment Date | March 26, 2026 |
| Approval Date | February 19, 2026 |
The dividend declaration comes as Excelerate reported record full-year 2025 results. The company posted net income of $167.0 million for 2025, with adjusted EBITDA reaching $449.3 million. Fourth quarter net income totaled $39.1 million.
Financial Performance and Outlook
Excelerate's 2025 performance was driven by contributions from its Jamaica operations and optimization of its global asset portfolio. For the fourth quarter alone, the company reported adjusted EBITDA of $112.5 million.
The company provided guidance for 2026, projecting adjusted EBITDA between $515 million and $545 million. Maintenance capital expenditures are expected to range from $100 million to $110 million, while committed growth capital is forecast between $370 million and $400 million.
Liquidity Position
As of December 31, 2025, Excelerate held $538.2 million in unrestricted cash and cash equivalents. The company had no letters of credit outstanding under its revolving credit facility, leaving the full $500 million capacity available for borrowings.
Operational Developments
The company commenced LNG cargo deliveries into Bangladesh in January 2026 under 15-year sale and purchase agreements with QatarEnergy and Petrobangla. Excelerate also advanced construction of Hull 3407, a new vessel being built by HD Hyundai Heavy Industries in South Korea that completed sea trials in February 2026.
In October 2025, Excelerate executed a commercial agreement with Iraq's Ministry of Electricity for the country's first LNG import terminal at the Port of Khor Al Zubair. The project includes a five-year agreement for regasification services and LNG supply with minimum contracted offtake of 250 million standard cubic feet per day. Commercial operations are targeted for the third quarter of 2026.