Excelerate Energy, Inc. (NYSE:EE) Q1 2023 Earnings Conference Call May 11, 2023 8:30 AM ET

Company Participants

Craig Hicks - VP-IR

Steven Kobos - President and CEO

Dana Armstrong - EVP and CFO

Daniel Bustos - EVP and Chief Commercial Officer

Conference Call Participants

Christopher Robinson - Deutsche Bank

Michael Blum - Wells Fargo

Operator

Hello and welcome to the Excelerate Energy First Quarter 2023 Earnings Conference Call. My name is Lauren and I'll be coordinating your call today. [Operator Instructions]

I will now hand you to host, Craig Hicks, Vice President, Investor Relations in ASG to begin. Please go ahead.

Craig Hicks

Good morning, everyone. Thank you for joining Excelerate Energy's first quarter 2023 financial results call. Participating on the call today are Steven Kobos, President and Chief Executive Officer; Dana Armstrong, Executive Vice President and Chief Financial Officer; and Daniel Bustos, Executive Vice President and Chief Commercial Officer.

Our first quarter 2023 results press release and presentation were released yesterday afternoon and can be found on our website at ir.excelerateenergy.com. I would like to remind everyone that we will be making forward-looking statements on this call that involve a number of risks and uncertainties. Our actual results may differ materially from those expressed in these forward-looking statements, and we make no obligation to update or revise them.

Today's remarks will also refer to certain non-GAAP financial measures. We have provided a reconciliation to the most directly comparable GAAP financial measures at the back of the presentation.

Now I'd like to turn the call over to Steven Kobos, Chief Executive Officer of Excelerate Energy.

Steven Kobos

Thanks, Craig, and thank you all for joining us this morning.

On today's call, I will focus my remarks on our first quarter financial results, the current state

The global LNG market, and progress on our commercial opportunities. Dana will then walk through the details of our quarterly financial performance before we open up the call to your questions.

Excelerate Energy delivered solid financial and operational results in the first quarter. These were in line with our expectations. As we approach the midpoint of the year we remain focused on executing our strategic objectives and we are well positioned to pursue new commercial opportunities.

Over the last 12 months, the increased demand for FSRU and LNG supply has continued to influence discussions on energy policy in both Europe and the global south. As a leading provider of integrated LNG solutions, we are proud of the pivotal role Excelerate Energy is playing and strengthening energy security for countries around the world while supporting their transition to a clean energy future. We look forward to continuing our efforts as we scale our portfolio of strategic assets and expand into new and existing markets around the globe.