Excelerate Energy (EE) Expected to Announce Earnings on Wednesday

Excelerate Energy (NYSE:EE) is expected 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. Persons that wish to register for the company’s earnings conference call can do so using this link.

Excelerate Energy Trading Up 1.3 %

Excelerate Energy stock opened at $29.49 on Wednesday. The firm has a 50 day moving average of $30.52 and a 200 day moving average of $25.80. The firm has a market capitalization of $3.13 billion, a price-to-earnings ratio of 29.79, a P/E/G ratio of 1.96 and a beta of 1.41. Excelerate Energy has a 12-month low of $13.39 and a 12-month high of $32.99. The company has a current ratio of 4.12, a quick ratio of 4.12 and a debt-to-equity ratio of 0.34.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on EE. Morgan Stanley reissued an “underweight” rating and issued a $29.00 target price (up from $25.00) on shares of Excelerate Energy in a report on Friday, January 31st. Northland Securities increased their price objective on shares of Excelerate Energy from $29.00 to $37.00 and gave the company an “outperform” rating in a report on Wednesday, December 18th. Wells Fargo & Company increased their price objective on shares of Excelerate Energy from $19.00 to $22.00 and gave the company an “underweight” rating in a report on Tuesday, November 12th. Barclays increased their price objective on shares of Excelerate Energy from $26.00 to $31.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $31.00 price objective (up from $22.00) on shares of Excelerate Energy in a report on Tuesday, January 7th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $31.00.

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.