Excelerate Energy (EE) Expected to Announce Earnings on Wednesday

Excelerate Energy (NYSE:EE) is anticipated to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect Excelerate Energy to post earnings of $0.33 per share and revenue of $201.62 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Excelerate Energy Price Performance

EE opened at $29.49 on Wednesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.12 and a current ratio of 4.12. The stock has a market capitalization of $3.13 billion, a P/E ratio of 29.79, a P/E/G ratio of 1.96 and a beta of 1.41. The company’s 50-day simple moving average is $30.52 and its two-hundred day simple moving average is $25.80. Excelerate Energy has a 52-week low of $13.39 and a 52-week high of $32.99.

Wall Street Analysts Forecast Growth

EE has been the topic of several research analyst reports. JPMorgan Chase & Co. restated an “underweight” rating and set a $31.00 target price (up previously from $22.00) on shares of Excelerate Energy in a research note on Tuesday, January 7th. Barclays upped their target price on shares of Excelerate Energy from $26.00 to $31.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Northland Securities upped their target price on shares of Excelerate Energy from $29.00 to $37.00 and gave the company an “outperform” rating in a research note on Wednesday, December 18th. Morgan Stanley restated an “underweight” rating and set a $29.00 target price (up previously from $25.00) on shares of Excelerate Energy in a research note on Friday, January 31st. Finally, Stephens upped their price target on shares of Excelerate Energy from $28.00 to $36.00 and gave the company an “overweight” rating in a research report on Wednesday, December 4th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Excelerate Energy has an average rating of “Hold” and an average price target of $31.00.

Excelerate Energy Company Profile

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.