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Excelerate Energy (Excelerate Energy) Retained Earnings : $40 Mil (As of Dec. 2023)


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What is Excelerate Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Excelerate Energy's retained earnings for the quarter that ended in Dec. 2023 was $40 Mil.

Excelerate Energy's quarterly retained earnings increased from Jun. 2023 ($23 Mil) to Sep. 2023 ($37 Mil) and increased from Sep. 2023 ($37 Mil) to Dec. 2023 ($40 Mil).

Excelerate Energy's annual retained earnings increased from Dec. 2021 ($0 Mil) to Dec. 2022 ($12 Mil) and increased from Dec. 2022 ($12 Mil) to Dec. 2023 ($40 Mil).


Excelerate Energy Retained Earnings Historical Data

The historical data trend for Excelerate Energy's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Excelerate Energy Retained Earnings Chart

Excelerate Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
- - - 12.01 39.75

Excelerate Energy Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.01 18.19 23.49 36.72 39.75

Excelerate Energy Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Excelerate Energy  (NYSE:EE) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Excelerate Energy (Excelerate Energy) Business Description

Traded in Other Exchanges
N/A
Address
2445 Technology Forest Boulevard, Level 6, The Woodlands, TX, USA, 77381
Excelerate Energy Inc is engaged in flexible LNG solutions, providing integrated services along the LNG value chain. The company offers a full range of flexible regasification services from FSRUs to infrastructure development, to LNG and natural gas supply.
Executives
David A. Liner officer: See Remarks C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD, THE WOODLANDS TX 77381
Deborah L Byers director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Daniel H Bustos officer: See Remarks C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Michael Anthony Bent officer: See Remarks C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Excelerate Energy Holdings, Llc 10 percent owner 6733 S. YALE AVE., TULSA OK 74136
Excelerate Holdings, Llc 10 percent owner 6733 S. YALE AVE., TULSA OK 74136
Hood Alisa Newman officer: See Remarks C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Steven M Kobos director, officer: President and CEO C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Henry G Kleemeier director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Paul T Hanrahan director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Calvin A Bancroft officer: See Remarks C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Dana A Armstrong officer: See Remarks C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Robert Waldo director 6733 S. YALE AVE., TULSA, OK 74136
Amy Thompson Broussard officer: See Remarks C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Don P. Millican director 6733 S. YALE AVE., TULSA OK 74136