EE Stock Summary and Trading Ideas (Excelerate Energy Class A | NYSE:EE)

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.

Excelerate Energy Class A trades on the NYSE stock market under the symbol EE.

As of April 16, 2024, EE stock price declined to $15.14 with 220,504 million shares trading.

EE has a beta of 0.63, meaning it tends to be less sensitive to market movements. EE has a correlation of 0.05 to the broad based SPY ETF.

EE has a market cap of $397.49 million. This is considered a Small Cap stock.

Last quarter Excelerate Energy Class A reported $240 million in Revenue and $.14 earnings per share. This fell short of revenue expectation by $-91 million and missed earnings estimates by -$.04.

The top ETF exchange traded funds that EE belongs to (by Net Assets): VTI, VB, IWM, VBR, VXF.

EE has underperformed the market in the last year with a price return of -34.8% while the SPY ETF gained +23.7%. EE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.1% and -4.5%, respectively, while the SPY returned +6.0% and -3.6%, respectively.

EE support price is $14.94 and resistance is $15.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EE stock will trade within this expected range on the day.