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| 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 |