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

Excelerate Energy (EE) posted Interest Expenses of $3.6 million for Q1 2023, down 3.21% on a QoQ basis from $3.7 million in Q4 2022, and down 70.49% year-on-year from $12.2 million in Q1 2022.

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

Excelerate Energy has disclosed Interest Expenses across 3 years of filings, most recently posting $3.6 million for Q1 2023.

  • Interest Expenses for Q1 2023 came in at $3.6 million, down 70.49% year-over-year; the trailing twelve-month figure through Dec 2023 was $3.6 million (down 85.98% YoY), and the FY2022 annual result was $25.6 million, down 47.65% from the prior year.
  • Interest Expenses came in at $3.6 million for Q1 2023 at Excelerate Energy, down from $3.7 million in the prior quarter.
  • Over the last five years, Interest Expenses for EE reached as high as $12.5 million in Q1 2021 and fell as low as $3.6 million in Q1 2023.
  • Median Interest Expenses over the past 3 years was $11.4 million (2021), compared with a mean of $8.7 million.
  • Year-over-year, Interest Expenses retreated 3.0% in 2022 and sank 70.49% in 2023.
  • Over 3 years, Interest Expenses stood at $11.4 million in 2021, then tumbled by 67.58% to $3.7 million in 2022, then declined by 3.21% to $3.6 million in 2023.
  • Per Business Quant, the three latest EE Interest Expenses figures stand at $3.6 million (Q1 2023), $3.7 million (Q4 2022), and $4.2 million (Q3 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 891.09 Mn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn -
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 385.00 Mn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 947.00 Mn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 291.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 439.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 181.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 444.00 Mn
10 Excelerate Energy 1.22 Bn 2.21 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