Excelerate Energy (EE) Operating Expenses (2021 - 2026)
Excelerate Energy (EE) recorded quarterly Operating Expenses of $351.5 million in Q1 2026, up 42.18% quarter-over-quarter from $247.2 million in Q4 2025, and up 40.94% on a YoY basis from $249.4 million in Q1 2025.
Excelerate Energy (EE) Operating Expenses (2021 - 2026) Analysis & Trends
Excelerate Energy's Operating Expenses history runs 6 years deep, the most recent figure standing at $351.5 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 40.94% year-over-year to $351.5 million; the TTM figure through Mar 2026 stood at $1.1 billion (up 45.54% YoY), while the FY2025 annual figure was $961.6 million, up 51.09% from the prior year.
- Operating Expenses was $351.5 million for Q1 2026 at Excelerate Energy, up from $247.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $753.3 million in Q3 2022 to a low of $133.5 million in Q2 2024.
- Historically, Operating Expenses has averaged $304.9 million across 5 years, with a median of $247.2 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 441.73% in 2022, then tumbled 72.39% in 2023.
- A 5-year view of Operating Expenses shows it stood at $396.8 million in 2022, then sank by 49.54% to $200.2 million in 2023, then gained by 7.07% to $214.4 million in 2024, then gained by 15.33% to $247.2 million in 2025, then soared by 42.18% to $351.5 million in 2026.
- The last three Operating Expenses figures came in at $351.5 million (Q1 2026), $247.2 million (Q4 2025), and $303.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.15 Bn | 88.85 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Enterprise Products Partners | 81.41 Bn | 80.26 Bn | - | 12.50 Bn |
| 3 | Kinder Morgan | 69.70 Bn | 70.78 Bn | 3.08 Bn | 3.38 Bn |
| 4 | Energy Transfer | 66.51 Bn | 65.79 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Scorpio Tankers | 59.31 Bn | 58.33 Bn | - | -93.35 Mn |
| 6 | Mplx | 57.21 Bn | 55.70 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Targa Resources | 56.78 Bn | 56.82 Bn | 1.70 Bn | 333.70 Mn |
| 8 | Oneok | 55.57 Bn | 55.44 Bn | 2.57 Bn | 7.00 Mn |
| 9 | Tc Energy | 50.90 Bn | 52.09 Bn | 2.95 Bn | 915.00 Mn |
| 10 | Excelerate Energy | 1.02 Bn | 2.01 Bn | 380.36 Mn | 351.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 351.47 Mn |
| Dec 31, 2025 | 247.21 Mn |
| Sep 30, 2025 | 303.82 Mn |
| Jun 30, 2025 | 161.17 Mn |
| Mar 31, 2025 | 249.37 Mn |
| Dec 31, 2024 | 214.36 Mn |
| Sep 30, 2024 | 133.68 Mn |
| Jun 30, 2024 | 133.45 Mn |
| Mar 31, 2024 | 154.95 Mn |
| Dec 31, 2023 | 200.21 Mn |
| Sep 30, 2023 | 207.97 Mn |
| Jun 30, 2023 | 378.69 Mn |
| Mar 31, 2023 | 161.49 Mn |
| Dec 31, 2022 | 396.76 Mn |
| Sep 30, 2022 | 753.35 Mn |
| Jun 30, 2022 | 583.64 Mn |
| Mar 31, 2022 | 552.55 Mn |
| Dec 31, 2021 | 315.80 Mn |
| Sep 30, 2021 | 166.46 Mn |
| Jun 30, 2021 | 164.95 Mn |