Excelerate Energy has reported its financial results for the second quarter ended June 30, 2026.
Excelerate reported net income of US$50.1 million and adjusted gross operating profit of US$120.1 million for Q2 2026, compared to US$20.8 million and US$107.1 million, respectively, during the same prior-year period. During the period, the company also executed a definitive agreement with Sociedad Portuaria Puerto Bahia, a subsidiary of Frontera Energy Corporation, to redeploy the floating storage and regasification unit (FSRU) Express to a new LNG import terminal in Colombia for seven years.
Excelerate also executed a definitive agreement to purchase a new LNG carrier, Methane Patricia Camila, which will serve as the dedicated vessel for the company’s first FSRU conversion project with expected commercial deployment in early 2028.
