Texas-based LNG company Excelerate Energy Inc. announced Feb. 23 a quarterly cash dividend, with respect to the quarter ended Dec. 31, 2023, of $.025 per share of Class A common stock.
The dividend is payable March 28 to Class A common stockholders of record by March 13.
Excelerate Energy Ltd. Partnership, Excelerate Energy’s subsidiary, will also make a corresponding distribution of $.025 per interest to holders of its Class B limited partnership interests on the same date of the dividend payment.
Recommended Reading
NatGas Inventories Hold Back Price Despite Summer’s Demand Boost
2024-06-21 - The U.S. Energy Information Administration’s storage report shows storage levels drifting back down to normal.
KC Fed Survey: NatGas to Rise, but Not Enough for Profitability
2024-07-15 - The Kansas City Federal Reserve Bank’s energy survey saw activity decline in the second quarter as producers look to the back half of 2024 for natural gas prices to improve—but not enough to turn a profit.
Kissler: Are We Set Up for a Summer Natural Gas Rally?
2024-07-02 - A warmer-than-normal season could jolt prices.
Diversified to Buy East Texas NatGas Assets from Crescent Pass
2024-07-10 - Diversified Energy’s $106 million deal with Crescent Pass Energy comes during a prolonged dip in natural gas prices that some analysts expect to rebound as demand ramps up for LNG exports and power demand.
EIA Estimates Declined Rates of Flaring, Venting NatGas in 2023
2024-06-20 - Even as the rates of natural gas venting and flaring fell, according to Energy Information Administration data, another study shows CO2 emissions continued to rise globally.