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Excelerate Energy Inc T.EE.DB


Primary Symbol: EE

Excelerate Energy, Inc. is a liquefied natural gas (LNG) company. The Company offers a full range of flexible regasification services from floating storage and regasification units (FSRUs) to infrastructure development, to LNG and natural gas supply. The Company operates a fleet of ten purpose-built FSRUs, have completed more than 2,700 ship-to-ship (STS) transfers of LNG with over 50 LNG operators and delivered more than 6,600 billion cubic feet of natural gas through 16 LNG regasification terminals. In addition to standard LNG carrier functionality, its purpose-built FSRUs have the onboard capability to vaporize LNG and deliver natural gas through specially designed offshore and near-shore receiving facilities. Its business spans the globe, with regional offices in approximately 10 countries and operations in the Argentina, Bangladesh, Brazil, Finland, Pakistan, the United Arab Emirates (UAE), and the United States.


NYSE:EE - Post by User

Post by splurgeon Aug 24, 2012 12:04pm
280 Views
Post# 20257072

Q4 1700 plus?

Q4 1700 plus?

I believe over 1700 bbls in q4. Annualized cash flow exiting the year will have debt repayability around 1.1 years.  Cash flow will fund a few wells a qtr. Worst could be behind them. Slow gradual increase in production with light oil and attractive corporate netbacks should allow for a higher stock price. Management has been on  a learning curve with waterfoods but this should improve also over time. No more fires...no more large land purchases and large seismic shoots. Debt repayability will improve each quarter by quarter and allow for more driliing. Q2 production was eaxpected. Production had to flat because drilling was expected to accelerate only in second half because of lack of cash flow. Will no doubt be a slow process and show me stock and will always have some issues for some on this board to be negative about. Potential to be over a buck next year.   ( If I am wrong don't want to hear from those who will say I told yah so! )

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