Why These Energy Stocks are Gaining This Week

3. Excelerate Energy, Inc. (NYSE:EE)

Share Price Gains Between Feb. 24 and Mar. 3: 6.72%

Excelerate Energy, Inc. (NYSE:EE) enhances energy security by delivering critical LNG and natural gas to countries around the world.

Excelerate Energy, Inc. (NYSE:EE) reported its Q4 2024 earnings last week, posting revenue of $274.57 million for the quarter, up 14.37% YoY and above market estimates by almost $73 million. The company’s Q4 EPS of $0.43 also managed to beat analysts’ expectations. For the full-year 2024, EE delivered record adjusted EBITDA of $348 million, above the high end of its guidance range. The company also delivered net income of $153 million in 2024, up 21% YoY. Excelerate delivered 272 cargoes of LNG to its customers last year and these numbers could receive a significant boost after the current Trump administration relaxed the country’s LNG export policies.