Latest news with #ExcelerateEnergy
Yahoo
a day ago
- Business
- Yahoo
Jefferies Initiates Coverage of Excelerate Energy (EE) with a Buy Recommendation
Jefferies began coverage of Excelerate Energy, Inc. (NYSE:EE) on June 5, assigning the stock a Buy rating with a $39 price target, indicating an average upside potential of approximately 31%. Jefferies analysts noted that the company stands to profit from long-term LNG (liquefied natural gas) demand via its Floating Storage Regasification Unit (FSRU) and regas infrastructure, which signals consistent cash flows and limited commodity risk in the future. A bird's eye view of a natural gas pipeline stretching across the landscape. To capitalize on the LNG demand, Excelerate Energy, Inc. (NYSE:EE) is increasing its assets and enhancing integration by building a new FSRU, signing LNG Sale and Purchase Agreements (SPA), and purchasing New Fortress Energy Inc. (NASDAQ:NFE)'s LNG-to-power Jamaican assets. These tactical plays by EE are projected to strengthen its growth, combined with its solid financials and controlled debt. As Excelerate Energy, Inc. (NYSE:EE) slows down capital expenditure that supports its growth, analysts expect future free cash flow to increase, which in turn can possibly elevate its capital returns and valuation. The Buy rating shows Jefferies' confidence in the company's capacity to make strategic use of its existing infrastructure and contracts for sustained growth and value generation in the future. Excelerate Energy, Inc. (NYSE:EE) is a Texas-based provider of liquefied natural gas (LNG) solutions, specializing in regasification services using floating storage and regasification units (FSRUs) and building supporting infrastructure. While we acknowledge the potential of EE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
Yahoo
2 days ago
- Business
- Yahoo
Jefferies Initiates Coverage of Excelerate Energy (EE) with a Buy Recommendation
Jefferies began coverage of Excelerate Energy, Inc. (NYSE:EE) on June 5, assigning the stock a Buy rating with a $39 price target, indicating an average upside potential of approximately 31%. Jefferies analysts noted that the company stands to profit from long-term LNG (liquefied natural gas) demand via its Floating Storage Regasification Unit (FSRU) and regas infrastructure, which signals consistent cash flows and limited commodity risk in the future. A bird's eye view of a natural gas pipeline stretching across the landscape. To capitalize on the LNG demand, Excelerate Energy, Inc. (NYSE:EE) is increasing its assets and enhancing integration by building a new FSRU, signing LNG Sale and Purchase Agreements (SPA), and purchasing New Fortress Energy Inc. (NASDAQ:NFE)'s LNG-to-power Jamaican assets. These tactical plays by EE are projected to strengthen its growth, combined with its solid financials and controlled debt. As Excelerate Energy, Inc. (NYSE:EE) slows down capital expenditure that supports its growth, analysts expect future free cash flow to increase, which in turn can possibly elevate its capital returns and valuation. The Buy rating shows Jefferies' confidence in the company's capacity to make strategic use of its existing infrastructure and contracts for sustained growth and value generation in the future. Excelerate Energy, Inc. (NYSE:EE) is a Texas-based provider of liquefied natural gas (LNG) solutions, specializing in regasification services using floating storage and regasification units (FSRUs) and building supporting infrastructure. While we acknowledge the potential of EE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
Business Wire
3 days ago
- Business
- Business Wire
Excelerate Energy to Participate in Jefferies Energy Conference
THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) today announced that Steven Kobos, President and Chief Executive Officer, will participate in a panel discussion regarding the outlook for U.S. LNG and host one-on-one investor meetings at the upcoming investor conference: Jefferies Energy Conference | The Sanctuary at Kiawah Island in Kiawah, South Carolina Participation Date: June 10 – 11, 2025 ABOUT EXCELERATE ENERGY Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers. The Company offers a full range of services including floating storage and regasification units ('FSRUs'), LNG import infrastructure development, and LNG and natural gas supply. Excelerate has a presence in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, London, Rio de Janeiro, Singapore, and Washington, DC. For more information, please visit
Yahoo
3 days ago
- Business
- Yahoo
Jefferies starts Excelerate Energy at Buy on LNG tailwinds and stable cash flow
-- Jefferies initiated coverage of Excelerate Energy with a "Buy" rating and a price target of $39, saying the company is well-positioned to benefit from rising global demand for liquefied natural gas (LNG) through its fleet of floating storage and regasification units (FSRUs). Excelerate operates the world's largest FSRU fleet, with 12 vessels including one under construction, and manages LNG import terminals across 12 countries. Most of its infrastructure is tied to long-term, take-or-pay contracts, providing steady cash flow with minimal exposure to commodity price swings, Jefferies said. The brokerage noted that four of Excelerate's vessels have recently been re-contracted at higher day rates following the Ukraine war, and it expects more vessels to secure favorable terms once their current contracts expire. Cumulative contracted cash flow stood at around $3.7 billion as of December 2024. Jefferies also highlighted the company's growth initiatives, including a $1 billion acquisition of LNG-to-power assets in Jamaica, which is expected to add $118 million in annual EBITDA. Additional upside may come from LNG marketing agreements and the startup of Hull 3407, a new FSRU set to launch in mid-2026. While capital expenditures will rise in 2026 due to Hull 3407, Jefferies forecasts free cash flow to rebound in 2027, potentially reaching $236 million. That could give Excelerate room to raise its dividend by as much as $90 million. The $39 price target is based on a 7x multiple of projected 2027 EBITDA, which Jefferies said is conservative compared to other LNG peers. While share liquidity remains a concern, Jefferies expects long-term support from major shareholder George Kaiser. Related articles Jefferies starts Excelerate Energy at Buy on LNG tailwinds and stable cash flow Tesla stock tumbles as Trump/Musk relationship blows up Spirits outlook dims further amid tariffs, inventory shifts: Jefferies
Business Insider
3 days ago
- Business
- Business Insider
Excelerate Energy initiated with a Buy at Jefferies
Jefferies initiated coverage of Excelerate Energy (EE) with a Buy rating and $39 price target The company offers a unique opportunity for exposure to long-term LNG demand tailwinds through its floating storage and regasification units, or FSRU, and regasification infrastructure that has stable contracted cash flows and minimal commodity risk, the analyst tells investors in a research note. Excelerate is capitalizing on this by growing its asset base and enhancing integration with a FSRU newbuild, LNG SPA contracts, and acquiring New Fortress Energy's Jamaican LNG-to-power assets, the firm added. Confident Investing Starts Here:
