Excelerate Energy Inc-A 2024年度报告

A Message from Our CEOENVISIONINGan Empowered Energy Future I am pleased to report that Excelerate Energy has solidified its position as a pivotalplayer in the global LNG marketplace, demonstrating our unwavering commitmentto energy security and independence for our customers. As I reflect on 2024, I amproud of the exceptional year we had. It was a year marked by financial success andsignificant operational achievements. terminals, and enhancing our LNG supply portfolio. Ourcore business not only positions us strategically withinthe LNG industry but also empowers us to compete fornew commercial opportunities in our considerable totaladdressable market. For the full year 2024, Excelerate Energy deliveredrecord Adjusted EBITDA of $348 million and NetIncome of $153 million, which was up 21% over theprevious year. This accomplishment reflects the robustnature of our take-or-pay business model and ourongoing commitment to maximizing value for ourshareholders. The earnings growth we have seen sinceour Initial Public Offering can be largely attributedto the successful re-contracting of FSRUs in our fleetat elevated market rates and our ability to optimizearound our core regasification business. In 2024, we pursued three essential pillars for valuecreation: investing capital to grow our core business,returning capital to our shareholders, and leveragingour strong balance sheet to support strategicinitiatives. Additionally, we made significant stridesin advancing opportunities to invest in critical LNGinfrastructure for sovereign nations across our assetfootprint and developing our diversified LNG supplyportfolio. In doing so, we continue to play a vital rolein driving the economies of these regions, addressingtheir growing energy needs with reliable solutions. As we look back on our achievements in 2024, we arefilled with excitement for what lies ahead. Thank you foryour continued trust and partnership as we navigate thisjourney together. Sincerely, Operationally, our team remains focused onprioritizing operational excellence. For the full year,we recorded reliability of 99.9% across our fleet.This is the highest fleet reliability in the historyof Excelerate Technical Management. We alsoexceeded all our primary safety targets, reaffirmingour dedication to safe and sustainable operations.Additionally, at the end of 2024, we celebrated our3,000thliquefied natural gas (LNG) ship-to-ship (STS)transfer since the start of STS operations in 2007. Our dedication to providing our customers withinnovative LNG solutions remains steadfast. Last year,we celebrated impressive progress on Hull 3407, astate-of-the-art vessel set for delivery in 2026. Withcutting-edge technology and advanced features,Hull 3407 is designed to enhance efficiency whileminimizing maintenance requirements. Steven M. KobosCEO, Excelerate Energy Looking ahead, we are committed to expandingour Floating Storage and Regasification Unit (FSRU)fleet, acquiring interests in additional LNG import Excelerate Energy The global leader in FSRUs and downstream LNG infrastructure. FSRU FleetFSRU Fleet Excelerate Energy is a US LNGcompany with a global presence.We enhance energy securityby delivering critical energy tocountries around the world. Financial Highlights: Operational Highlights: ▪For the full year 2024, we delivered recordAdjusted EBITDA of $348 million, above the highend of our guidance range.▪For the full year 2024, we delivered Net Incomeof $153 million, up 21% year over year.▪We maintained a strong financial position withminimum commodity exposure.▪We have had continuous cash collections sinceour first regasification contract began in 2008. ▪Recorded full-year reliability of 99.9% across ourfleet—the highest fleet reliability in the historyof Excelerate Technical Management.▪Completed over 3,000 LNG ship-to-ship transferssince the start of STS operations in 2007 (7,300 bcf).▪Exceeded all primary safety targets, reaffirmingour dedication to safe and sustainable operations. We are distinguished by ourability to generate sustainableearnings, our strong balancesheet, and our disciplinedapproach to capital allocation. UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWASHINGTON, DC 20549FORM 10-K (Mark One)ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended December 31, 2024OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from _________ to _________Commission File Number: 001-41352 Excelerate Energy, Inc.(Exact Name of Registrant as Specified in its Charter) (I.R.S. Employer Identification No.) Registrant’s telephone number, including area code: (832) 813-7100 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(§232.405 of this chapter) d