Jefferies Initiates Coverage of Excelerate Energy (EE) with a Buy Recommendation
From Yahoo Finance: 2025-06-05 20:40:00
Jefferies initiated coverage of Excelerate Energy, Inc. (NYSE: EE) with a Buy rating and a $39 price target, citing potential for profit from long-term LNG demand. The company’s FSRU and regas infrastructure are expected to bring in consistent cash flows and limit commodity risk.
Excelerate Energy, Inc. (NYSE: EE) is strategically expanding its assets to capitalize on LNG demand, including building a new FSRU and acquiring LNG-to-power assets in Jamaica. These moves are projected to strengthen growth, supported by solid financials and controlled debt.
As Excelerate Energy, Inc. (NYSE: EE) reduces capital expenditure to support growth, analysts predict future free cash flow to increase, potentially boosting capital returns and valuation. Jefferies’ Buy rating reflects confidence in the company’s ability to leverage existing infrastructure and contracts for sustained growth and value creation.
Excelerate Energy, Inc. (NYSE: EE) is a Texas-based provider of LNG solutions, focusing on regasification services using FSRUs and developing supporting infrastructure.
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