Excelerate Energy, Inc. · NYSE:EE
Excelerate Energy — Q3 2024 Earnings Presentation
18 slides from Excelerate Energy's earnings presentation, November 2024
Slide 1: 3Q 2024 Investor Presentation
EXCELERATE ENERGY 3Q 2024 Investor Presentation NOVEMBER 2024
Slide 2: Disclaimers
Disclaimers Forward-Looking Statements “This presentation contains forwarclooking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 133, (Excelerate. and together with ts subsidiaries "we," us," “our” of the *C
Slide 3: Introduction
EXCELERATE ENERGY Introduction Steven Kobos President & CEO
Slide 4: Excelerate Energy At A Glance
Excelerate Energy At A Glance 1 ~25% 2,900+ 7,100 Bcf+ Global Regasification Capacity of FSRU Based Terminals FSRUs in operation or under construction Ship-to-Ship Regasified LNG Transfers Deliveries Finland LNG Terminal _ -FSRU: Exemplar cs) FSRU:Excaonoe G Germany ‘Summit LNG Terminal Northeast Ga
Slide 5: Advancing on our Growth Strategy
Advancing on our Growth Strategy We are focused on optimizing our business to maximize value for our shareholders. Core Business Optimization Strategic Catalysts for Value Creation Investing Acquiring WJ in core business to protect and enhance long- ownership interests in LNG regasification terminal
Slide 6: Business Update: Fleet Expansion Strategy
BUSINESS UPDATE Fleet Expansion Strategy Growing our fleet responsibly supports our efforts to increase our presence in new and existing markets around the world Hull 3407 * Under construction with Hyundai Heavy Industries in South Korea * Best-in-class FSRU capable of delivering 1 Bcf per day of na
Slide 7: Business Update: Establishing Diversified LNG Supply Portfolio
BUSINESS UPDATE Establishing Diversified LNG Supply Portfolio Our diversified LNG portfolio supports the development of commercial opportunities in our pipeline and allows us to connect our markets with reliable and affordable LNG supply QATAR ENERGY & PETROBANGLA 15-year SPA to buy up to 1 MTPA of
Slide 8: Business Update: Regional Market Developments
BUSINESS UPDATE Regional Market Developments We are scaling our infrastructure business by pursuing investment opportunities in attractive markets around the world with both near and long-term energy needs Vietnam * One of the fastest growing economies in Southeast Asia * LNG will play a pivotal rol
Slide 9: Financial Overview
EXCELERATE ENERGY Financial Overview Dana Armstrong Executive Vice President & CFO
Slide 10: Third Quarter 2024 Results
Third Quarter 2024 Results Strong financial performance in line with expectations (USD in millions) Q.2024 023 Net Income $45.5 $33.3 $46.5 Adjusted EBITDA’ $92.3 $89.0 $106.9 Variance Drivers: * Net income for the third quarter of 2024 increased sequentially from the last quarter primarily due to l
Slide 11: Maintaining a Strong Balance Sheet and Healthy Liquidity Position
Maintaining a Strong Balance Sheet and Healthy Liquidity Position! 9716M $608M Total Debt + Fin Cash & Cash Equivalents
Slide 12: Capital Allocation Strategy
Capital Allocation Strategy We are focused on investing in growth, returning capital to shareholders, and using our balance sheet to support our strategic initiatives Capital investment to fund growth ~ © Capital investments in existing fleet and fleet additions to support and grow the core business
Slide 13: 2024 Financial Outlook Update
2024 Financial Outlook Update! FY 2024 Guidance (USD in millions) $335M - $345M $70M - $80M $40M - $50M Adjusted EBITDA? Committed Growth Capital Maintenance Capex @) EXCELERATE @ ENERGY B
Slide 14: Appendix
EXCELERATE ENERGY Appendix
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Slide 16: Reconciliation of Non-GAAP Metrics
Reconciliation of Non-GAAP Metrics 2024E Adjusted EBITDA Reconciliation (USD in millions) vane aoe Low Case High Case Income before income taxes $162 $181 Interest expense 63 58 Depreciation and amortization expense 101 96 Long-term incentive compensation expense 7 8 Accretion expense 2 2 Adjusted E
Slide 17: Capitalization
Capitalization As of September 30, 2024 (USD in millions) Cash and Cash Equivalents $608.4 Debt and Finance Leases Debt facilities 345.7 Debt facilities - related party 173.2 Finance lease liabilities 196.6 $715.5 @) EXCELERATE ENERGY v7
Slide 18: iy EXCELERATE
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