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| Date | Value |
|---|---|
| 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 |