Citigroup affirms Excelerate Energy's Outperform rating after strong Q2 with raised EBITDA forecast.
Citigroup has reaffirmed its Outperform rating on Excelerate Energy following strong Q2 2026 results, which saw net income of $50.1 million and adjusted EBITDA of $120.1 million, surpassing estimates. The company raised its full-year adjusted EBITDA forecast to $490-$515 million, driven by new projects …