Excelerate Energy Inc. reported strong financial results for the second quarter of 2025, with a net income of $20.8 million. The company also reported an adjusted net income of $46.8 million and an adjusted EBITDA of $107.1 million for the same period. These figures reflect the positive impact of the recent acquisition of the Jamaica integrated LNG and power platform, which has exceeded operational expectations. Excelerate Energy has revised its full-year 2025 guidance, raising the adjusted EBITDA expectation to range between $420 million and $440 million, incorporating anticipated contributions from the Jamaica acquisition. Additionally, maintenance capital expenditures for 2025 are projected to range between $65 million and $75 million, while committed growth capital is expected to range between $95 million and $105 million, driven mainly by the purchase of the LNG carrier, the Excelerate Shenandoah. The company declared a quarterly cash dividend of $0.08 per share, or $0.32 per share on an annualized basis, a 33 percent increase from the prior quarter. Excelerate Energy is targeting a low double-digit annual dividend growth rate starting in 2026 through 2028.
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