Excelerate Energy Inc (EE) |
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Description of Excelerate Energy Inc's Business Segments
Excelerate Energy Inc. stands as a prominent force in the liquefied natural gas (LNG) industry, with a robust portfolio that spans multiple segments, products, and services tailored to meet diverse customer needs. The company operates through four key segments: Floating Storage and Regasification Units (FSRUs), Development Services, Operations and Technical Services, and Commercial Services.
FSRU Segment: The FSRU segment is central to Excelerate Energy's operations, showcasing the companys capability to design, own, and operate specialized floating vessels for the LNG industry.
1. Floating Storage and Regasification Units (FSRUs): - Functionality: FSRUs serve as versatile solutions for storing, transporting, and regasifying LNG. They are particularly valuable in regions with limited infrastructure or where traditional import facilities would entail high capital expenditure. - End-to-End Solutions: Excelerate Energy offers complete end-to-end solutions, facilitating steadfast LNG delivery to remote or underserved markets. The FSRUs function equivalently to an LNG import terminal, offering flexibility in operations and minimizing the time needed to establish infrastructure. - Operational Flexibility: The ability to dynamically relocate FSRUs allows for an adaptive response to market demands and geographic constraints.
Development Services Segment: Excelerate Energy's Development Services segment focuses on designing and implementing LNG infrastructure projects.
1. Comprehensive Development Services: - Feasibility Studies: Rigorous assessment of project viability concerning technical, economic, and environmental considerations. - Conceptual Designs: Crafting innovative blueprints that optimize efficiency and safety for LNG import terminals, pipeline projects, and liquefaction facilities. - Site Selection and Permitting: Leading the process of identifying suitable locations while navigating the complex landscape of regulatory approvals to ensure project viability. - Environmental Commitment: A commitment to sustainable practices that align with environmental regulations and community standards in developing energy infrastructure.
Operations and Technical Services Segment: The Operations and Technical Services segment highlights Excelerate Energy's expertise in optimizing and maintaining LNG operations.
1. Maintenance and Technical Support: - Comprehensive Maintenance Services: Regular maintenance programs that ensure FSRUs, LNG terminals, and liquefaction plants operate safely and effectively. - Engineering Support: Provision of engineering solutions, including modifications and upgrades to existing systems to enhance performance and resilience. - Technical Expertise: Capitalizing on its extensive experience, the company provides specialized knowledge and support, ensuring operational excellence based on years of global exposure to various LNG projects.
Commercial Services Segment: Excelerate Energy enhances its market position through its Commercial Services segment, focusing on optimizing the commercial aspects of LNG transactions.
1. LNG Supply and Trading: - Optimized Supply Solutions: Tailored LNG supply contracts that match the distinct requirements of clients, maximizing efficiency and cost-effectiveness. - Cargo Optimization: Expertise in optimizing LNG cargoes for shipping, addressing logistics, scheduling, and financial aspects to ensure profitability for clients. - Marketing Services: Providing strategic marketing solutions to enhance the visibility and global reach of LNG products.
2. Integrated Shipping Options: - Offering clients the choice to transport LNG on Excelerate Energys own FSRUs, thereby ensuring a seamless logistical process that focuses on security and efficiency, reducing overall time and costs associated with LNG delivery.
Additional Products and Services: Beyond the primary segments, Excelerate Energy provides a diverse array of additional products and services, enhancing its comprehensive offerings in the LNG sector. These include:
1. LNG Transfer Systems: Advanced systems designed for the safe and efficient transfer of LNG between vessels and terminals. 2. LNG Loading and Unloading Equipment: Specialized machinery designed to facilitate the loading and unloading of LNG, supporting operational continuity and safety. 3. LNG Pipeline Connection Systems: Innovative solutions for connecting LNG pipelines to terminals, ensuring seamless transportation of gas. 4. LNG Maintenance and Repair Services: Dedicated support for the upkeep and repair of LNG infrastructure, extending the lifespan and reliability of equipment. 5. Cryogenic and LNG Storage Tanks: State-of-the-art storage solutions that maintain LNG at cryogenic temperatures, ensuring its stability and preventing evaporation. 6. LNG Fuel Systems: Development and implementation of LNG fueling solutions for various applications, including marine, industrial, and power generation.
Conclusion: Overall, Excelerate Energy Inc. extends a wide-ranging suite of products, services, and sector-specific expertise, empowering its clients to effectively access and leverage LNG markets worldwide. The company's commitment to innovation, efficiency, and sustainability positions it as a global leader in the LNG industry, capable of addressing the evolving demands of energy markets.
Composition of Excelerate Energy Inc Revenues by
Segments |
|
Asia Pacific |
|
36.83 % |
of total Revenue |
Latin America |
|
27.5 % |
of total Revenue |
Middle East |
|
19.96 % |
of total Revenue |
Europe |
|
15.03 % |
of total Revenue |
Other |
|
0.68 % |
of total Revenue |
Revenue from leases |
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71.62 % |
of total Revenue |
Revenue from leases Asia Pacific |
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9.14 % |
of total Revenue |
Revenue from leases Latin America |
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27.5 % |
of total Revenue |
Revenue from leases Middle East |
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19.96 % |
of total Revenue |
Revenue from leases Europe |
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15.03 % |
of total Revenue |
TCP Regas and other |
|
6 % |
of total Revenue |
TCP Regas and other Asia Pacific |
|
5.32 % |
of total Revenue |
TCP Regas and other Other |
|
0.68 % |
of total Revenue |
Gas sales |
|
22.38 % |
of total Revenue |
Gas sales Asia Pacific |
|
22.38 % |
of total Revenue |
Q3 three months ended (Sep 30 2024)
|
Revenues by Business Segments |
Revenues (in millions $) |
%
(of total Revenues) |
Asia Pacific |
71.24 |
36.83 % |
Latin America |
53.18 |
27.5 % |
Middle East |
38.62 |
19.96 % |
Europe |
29.06 |
15.03 % |
Other |
1.32 |
0.68 % |
Revenue from leases |
138.53 |
71.62 % |
Revenue from leases Asia Pacific |
17.67 |
9.14 % |
Revenue from leases Latin America |
53.18 |
27.5 % |
Revenue from leases Middle East |
38.62 |
19.96 % |
Revenue from leases Europe |
29.06 |
15.03 % |
TCP Regas and other |
11.61 |
6 % |
TCP Regas and other Asia Pacific |
10.29 |
5.32 % |
TCP Regas and other Other |
1.32 |
0.68 % |
Gas sales |
43.28 |
22.38 % |
Gas sales Asia Pacific |
43.28 |
22.38 % |
Total |
193.42 |
100 % |
Q3 three months ended (Sep 30 2024) |
Revenue Growth rates by Segment |
Y/Y Revenue % |
Q/Q Revenue % |
Asia Pacific |
-39.56 % |
15.63 % |
Latin America |
-49.01 % |
0.6 % |
Middle East |
4.1 % |
-1.2 % |
Europe |
94.45 % |
1.91 % |
Other |
6.3 % |
4.94 % |
Revenue from leases |
14.23 % |
0.3 % |
Revenue from leases Asia Pacific |
-3.58 % |
0.14 % |
Revenue from leases Latin America |
4.47 % |
0.6 % |
Revenue from leases Middle East |
4.1 % |
-1.2 % |
Revenue from leases Europe |
94.45 % |
1.91 % |
TCP Regas and other |
-2.46 % |
-9.84 % |
TCP Regas and other Asia Pacific |
-3.48 % |
-11.44 % |
TCP Regas and other Other |
6.3 % |
4.94 % |
Gas sales |
-69.58 % |
33.8 % |
Gas sales Asia Pacific |
-51.31 % |
33.8 % |
Total |
-29.79 % |
5.5 % |
Q3 three months ended (Sep 30 2024) |
Income by Business Segments |
Income (in millions $) |
%
(Profit Margin) |
Total |
45.55 |
23.55 % |
Q3 three months ended (Sep 30 2024) |
Income Growth rates by Segment |
Y/Y Income % |
Q/Q Income % |
Total |
-2.06 % |
36.87 % |
Annual Report on Excelerate Energy Inc Divisions, Sales by Country |
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Other |
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0.06 % |
of total Revenue |
Revenue from leases |
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29.55 % |
of total Revenue |
TCP Regas and other |
|
14.18 % |
of total Revenue |
TCP Regas and other Other |
|
0.03 % |
of total Revenue |
Gas sales |
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56.27 % |
of total Revenue |
Bangladesh |
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24.33 % |
of total Revenue |
UAE |
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8.01 % |
of total Revenue |
Pakistan |
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4.83 % |
of total Revenue |
Argentina |
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8.35 % |
of total Revenue |
Brazil |
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45.3 % |
of total Revenue |
Germany |
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2 % |
of total Revenue |
Finland |
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6.19 % |
of total Revenue |
United States |
|
0.91 % |
of total Revenue |
Revenue from leases Bangladesh |
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5.54 % |
of total Revenue |
Revenue from leases UAE |
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5.98 % |
of total Revenue |
Revenue from leases Pakistan |
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3.81 % |
of total Revenue |
Revenue from leases Argentina |
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4.67 % |
of total Revenue |
Revenue from leases Brazil |
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4.78 % |
of total Revenue |
Revenue from leases Germany |
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1.46 % |
of total Revenue |
Revenue from leases Finland |
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3.31 % |
of total Revenue |
TCP Regas and other Bangladesh |
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4.17 % |
of total Revenue |
TCP Regas and other UAE |
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2.04 % |
of total Revenue |
TCP Regas and other Pakistan |
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1.02 % |
of total Revenue |
TCP Regas and other Argentina |
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3.68 % |
of total Revenue |
TCP Regas and other Brazil |
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0.81 % |
of total Revenue |
TCP Regas and other Germany |
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0.54 % |
of total Revenue |
TCP Regas and other Finland |
|
0.97 % |
of total Revenue |
TCP Regas and other United States |
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0.91 % |
of total Revenue |
Gas sales Bangladesh |
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14.62 % |
of total Revenue |
Gas sales Brazil |
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39.7 % |
of total Revenue |
Gas sales Finland |
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1.92 % |
of total Revenue |
Gas sales Other |
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0.03 % |
of total Revenue |
Twelve months ended 2023
|
EE s Annual Revenue by Geography and Business Segments |
Sales (in millions $) |
%
(of total Sales) |
Other |
0.75 |
0.06 % |
Revenue from leases |
342.52 |
29.55 % |
TCP Regas and other |
164.29 |
14.18 % |
TCP Regas and other Other |
0.40 |
0.03 % |
Gas sales |
652.15 |
56.27 % |
Total |
1,158.96 |
100 % |
Bangladesh |
282.02 |
24.33 % |
UAE |
92.87 |
8.01 % |
Pakistan |
55.98 |
4.83 % |
Argentina |
96.82 |
8.35 % |
Brazil |
525.00 |
45.3 % |
Germany |
23.21 |
2 % |
Finland |
71.80 |
6.19 % |
United States |
10.54 |
0.91 % |
Revenue from leases Bangladesh |
64.26 |
5.54 % |
Revenue from leases UAE |
69.26 |
5.98 % |
Revenue from leases Pakistan |
44.13 |
3.81 % |
Revenue from leases Argentina |
54.18 |
4.67 % |
Revenue from leases Brazil |
55.44 |
4.78 % |
Revenue from leases Germany |
16.93 |
1.46 % |
Revenue from leases Finland |
38.33 |
3.31 % |
TCP Regas and other Bangladesh |
48.32 |
4.17 % |
TCP Regas and other UAE |
23.61 |
2.04 % |
TCP Regas and other Pakistan |
11.85 |
1.02 % |
TCP Regas and other Argentina |
42.64 |
3.68 % |
TCP Regas and other Brazil |
9.43 |
0.81 % |
TCP Regas and other Germany |
6.27 |
0.54 % |
TCP Regas and other Finland |
11.25 |
0.97 % |
TCP Regas and other United States |
10.54 |
0.91 % |
Gas sales Bangladesh |
169.44 |
14.62 % |
Gas sales Brazil |
460.13 |
39.7 % |
Gas sales Finland |
22.23 |
1.92 % |
Gas sales Other |
0.35 |
0.03 % |
Twelve months ended 2023
|
EE s Annual Income by Country and Business Segments |
Income (in millions $) |
%
(Profit Margin) |
Total |
126.84 |
10.94 % |
Twelve months ended 2023
|
Annual Revenue and Income Growth by Country and Business Segments |
% Y/Y Sales Growth |
% Y/Y Income Growth |
Other |
51.12 % |
- |
Revenue from leases |
4.51 % |
- |
TCP Regas and other |
39.92 % |
- |
TCP Regas and other Other |
-19.88 % |
- |
Gas sales |
-67.84 % |
- |
Bangladesh |
144.72 % |
- |
UAE |
13.74 % |
- |
Pakistan |
1.37 % |
- |
Argentina |
37.32 % |
- |
Brazil |
-73.66 % |
- |
Finland |
121.91 % |
- |
United States |
-87.05 % |
- |
Revenue from leases Bangladesh |
-14.49 % |
- |
Revenue from leases UAE |
10.78 % |
- |
Revenue from leases Pakistan |
0 % |
- |
Revenue from leases Argentina |
13.86 % |
- |
Revenue from leases Brazil |
6.34 % |
- |
Revenue from leases Finland |
296.74 % |
- |
TCP Regas and other Bangladesh |
20.49 % |
- |
TCP Regas and other UAE |
23.38 % |
- |
TCP Regas and other Pakistan |
6.82 % |
- |
TCP Regas and other Argentina |
86.04 % |
- |
TCP Regas and other Brazil |
25.95 % |
- |
TCP Regas and other Finland |
363.75 % |
- |
TCP Regas and other United States |
45.58 % |
- |
Gas sales Brazil |
-76.2 % |
- |
Gas sales Finland |
9.66 % |
- |
Israel |
- |
- |
Revenue from leases Israel |
- |
- |
TCP Regas and other Israel |
- |
- |
Gas sales United States |
- |
- |
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