Excelerate Energy: Exposure To The Middle East Outweighs Many Of The Positives (Rating Upgrade)
Excelerate Energy, Inc. has received a Hold rating due to concerns over geopolitical risks associated with its exposure to the Middle East. Despite competitive EBITDA growth and a discounted valuation, these risks are seen as significant. The company operates 12 FSRUs globally, with growth driven by new vessel deployments and expanding operations in the Caribbean.
- ▪Excelerate Energy is rated Hold due to elevated geopolitical risks from Middle East exposure.
- ▪The company has competitive EBITDA growth and a discounted valuation.
- ▪Excelerate Energy operates 12 FSRUs globally.
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