IPO Update: Excelerate Energy Readies $360 Million IPO

Apr. 05, 2022 5:00 PM ETExcelerate Energy, Inc. (EE) StockEE7 Comments

Summary

  • Excelerate Energy has filed proposed terms for a $360 million IPO.
  • The firm provides liquified natural gas regasification services worldwide.
  • EE has grown revenue, earnings and cash flow and is launching an IPO in a favorable environment for LNG demand.
  • My outlook for the IPO is a Buy at up to $22.50 per share.
  • Looking for more investing ideas like this one? Get them exclusively at IPO Edge. Learn More »

3D rendering of LNG tanker sailing in sea at night

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A Quick Take On Excelerate Energy

Excelerate Energy (NYSE:EE) has filed to raise $360 million from the sale of its Class A common stock in an IPO, according to an amended registration statement.

The company

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This article was written by

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Donovan Jones is a research specialist with 15 years of experience identifying opportunities for IPOs and public software companies.

He also leads the investing group IPO Edge, which offers actionable information on growth stocks through first-look IPO filings, previews on upcoming IPOs, an IPO calendar for tracking what’s on the horizon, a database of U.S. IPOs, and a guide to IPO investing to walk you through the entire IPO lifecycle - from filing to listing to quiet period and lockup expiration dates.

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Investing in IPOs can be a volatile and opaque endeavor. My research is focused on identifying quality IPO companies at a reasonable price, but I’m wrong sometimes. I analyze fundamental company performance and my conclusions may not be relevant for first-day or early IPO trading activity, which can be highly volatile and unrelated to company fundamentals. This report is intended for educational purposes only and is not financial, legal or investment advice. The information referenced or contained herein may change, be in error, become outdated and irrelevant, or removed at any time without notice. You should perform your own research for your particular financial situation before making any decisions. IPO investing is subject to significant volatility and risk of loss.

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