Excelerate Energy (EE) Interest Expenses (2021 - 2023)

Excelerate Energy (EE) recorded quarterly Interest Expenses of $3.6 million in Q1 2023, down 3.21% quarter-over-quarter from $3.7 million in Q4 2022, and down 70.49% on a YoY basis from $12.2 million in Q1 2022.

Excelerate Energy (EE) Interest Expenses (2021 - 2023) Analysis & Trends

Excelerate Energy's Interest Expenses history runs 3 years deep, the most recent figure standing at $3.6 million for Q1 2023.

  • In Q1 2023, Interest Expenses fell 70.49% year-over-year to $3.6 million; the TTM figure through Dec 2023 stood at $3.6 million (down 85.98% YoY), while the FY2022 annual figure was $25.6 million, down 47.65% from the prior year.
  • Interest Expenses was $3.6 million for Q1 2023 at Excelerate Energy, down from $3.7 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $12.5 million in Q1 2021 to a low of $3.6 million in Q1 2023.
  • Historically, Interest Expenses has averaged $8.7 million across 3 years, with a median of $11.4 million in 2021.
  • The sharpest annual moves came in 2022 and 2023: Interest Expenses fell 3.0% in 2022, then slumped 70.49% in 2023.
  • A 3-year view of Interest Expenses shows it stood at $11.4 million in 2021, then sank by 67.58% to $3.7 million in 2022, then declined by 3.21% to $3.6 million in 2023.
  • The last three Interest Expenses figures came in at $3.6 million (Q1 2023), $3.7 million (Q4 2022), and $4.2 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Enbridge 88.15 Bn 88.85 Bn 6.70 Bn 891.09 Mn
2 Enterprise Products Partners 81.41 Bn 80.26 Bn - 385.00 Mn
3 Kinder Morgan 69.70 Bn 70.78 Bn 3.08 Bn -
4 Energy Transfer 66.51 Bn 65.79 Bn 6.62 Bn 947.00 Mn
5 Scorpio Tankers 59.31 Bn 58.33 Bn - -12.23 Mn
6 Mplx 57.21 Bn 55.70 Bn 2.54 Bn 291.00 Mn
7 Targa Resources 56.78 Bn 56.82 Bn 1.70 Bn -
8 Oneok 55.57 Bn 55.44 Bn 2.57 Bn 439.00 Mn
9 Tc Energy 50.90 Bn 52.09 Bn 2.95 Bn 626.02 Mn
10 Excelerate Energy 1.02 Bn 2.01 Bn 380.36 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2023 3.59 Mn
Mar 31, 2023 3.59 Mn
Dec 31, 2022 3.71 Mn
Dec 31, 2022 3.71 Mn
Sep 30, 2022 4.24 Mn
Sep 30, 2022 4.24 Mn
Jun 30, 2022 5.49 Mn
Jun 30, 2022 5.49 Mn
Mar 31, 2022 12.17 Mn
Mar 31, 2022 12.17 Mn
Dec 31, 2021 11.45 Mn
Dec 31, 2021 11.45 Mn
Sep 30, 2021 12.39 Mn
Sep 30, 2021 12.39 Mn
Jun 30, 2021 12.54 Mn
Jun 30, 2021 12.54 Mn
Mar 31, 2021 12.55 Mn
Mar 31, 2021 12.55 Mn