Excelerate Energy Intrinsic Stock Value – EXCELERATE ENERGY Reports Second Quarter Financial Results for Fiscal Year 2023
August 22, 2023
☀️Earnings Overview
On June 30th, 2023, EXCELERATE ENERGY ($NYSE:EE) reported their financial results for the second quarter of their fiscal year, which ended on that date. Total revenue for the quarter was USD 432.4 million, a decrease of 30.6% compared to the same period in the previous year. However, net income improved significantly, increasing from -3.0 million to 6.0 million.
Share Price
The company’s stock opened at $21.9 and closed at $22.0, up by 2.3% from its previous closing price of 21.5. This increase in the stock price reflects the positive outlook the company has given for its operations and financial performance for the current fiscal year. This indicates that EXCELERATE ENERGY is well-positioned to continue to capitalize on future growth opportunities while also being able to manage its current operations successfully. The company looks forward to continuing to deliver positive results in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Excelerate Energy. More…
| Total Revenues | Net Income | Net Margin |
| 1.9k | 28.17 | 1.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Excelerate Energy. More…
| Operations | Investing | Financing |
| 259.07 | -365.92 | 185.38 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Excelerate Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.9k | 1.15k | 18.66 |
Key Ratios Snapshot
Some of the financial key ratios for Excelerate Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 65.6% | 3.6% | 11.8% |
| FCF Margin | ROE | ROA |
| -5.8% | 28.9% | 4.9% |
Analysis – Excelerate Energy Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of EXCELERATE ENERGY‘s wellbeing. Our proprietary Valuation Line has calculated the fair value of EXCELERATE ENERGY’s share to be around $21.0. Currently, EXCELERATE ENERGY’s stock is being traded at $22.0, which implies that it is slightly overvalued by 4.8%. This means that investors may want to wait for a better opportunity to invest in EXCELERATE ENERGY. More…
Peers
The company has a strong commitment to environmental stewardship and is constantly exploring new ways to reduce its impact on the planet. Excelerate Energy Inc. is constantly innovating and expanding its offerings, which has led to a competitive landscape with a number of other companies vying for market share.
– Constellation Energy Corp ($NASDAQ:CEG)
Constellation Energy Corp has a market cap of 27.64B as of 2022. It is a provider of electricity and gas. The company operates in three segments: generation, transmission and distribution. The company’s generation segment includes nuclear, coal, oil, natural gas and renewable energy. The company’s transmission segment includes high voltage power lines and related equipment. The company’s distribution segment includes gas and electric distribution companies.
– Hubei Energy Group Co Ltd ($SZSE:000883)
Hubei Energy Group Co Ltd is a Chinese state-owned energy company. The company is engaged in the generation and distribution of electricity, as well as the production and sales of coal. As of 2022, the company had a market capitalization of 29.76 billion US dollars and a return on equity of 7.29%.
– China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd ($SZSE:003035)
Southern Power Grid Energy Efficiency & Clean Energy Co Ltd (Southern Power Grid) is a Chinese state-owned electric utility company. The company is engaged in the generation, transmission, and distribution of electricity in Guangdong, Guangxi, Hainan, Yunnan, and Guizhou provinces in southern China. Southern Power Grid also owns and operates a number of renewable energy power plants, including hydro, solar, and wind farms. The company is headquartered in Guangzhou, Guangdong Province.
Summary
EXCELERATE ENERGY reported their second quarter results for the year ending 2023, and total revenue decreased by 30.6% compared to the same period one year prior. Net income, however, reported a positive result of 6.0 million, a significant improvement from the prior year’s -3.0 million result. Given the modest net income growth and significant decrease in revenue, investors should be cautious when considering investing in EXCELERATE ENERGY. Further analysis should consider the company’s long-term strategy and overall performance in order to determine whether it is a viable investment opportunity.
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