Excelerate Energy Inc.’s board of directors declared a quarterly cash dividend of $0.025 per share of Class A common stock, according to an August 4 press release. The dividend is payable on Sept. 7 as of the close of business on Aug. 23. (Source: Shutterstock.com)
Excelerate Energy Inc.’s board of directors declared a quarterly cash dividend of $0.025 per share of Class A common stock, according to an August 4 press release. The dividend is payable on Sept. 7 as of the close of business on Aug. 23.
On the date of dividend payment, Excelerate Energy LP—the company’s operating subsidiary—will make a corresponding distribution of $0.025 per interest to holders of its Class B limited partnership interests. The declaration, timing, amount and payment of future dividends is at the discretion of Excelerate’s board of directors.
Recommended Reading
Upstream, Midstream Dividends Declared in the Week of July 8, 2024
2024-07-11 - Here is a selection of upstream and midstream dividends declared in the week of July 8.
Trio Chairman Robin Ross Named CEO Less Than a Month After Return
2024-07-15 - Robin Ross, who last month returned to Trio Petroleum as board chair, has been named CEO while predecessor Michael Peterson will remain as a consultant.
Liberty Energy Warns of ‘Softer’ E&P Activity to Finish 2024
2024-07-18 - Service company Liberty Energy Inc. upped its EBITDA 12% quarter over quarter but sees signs of slowing drilling activity and completions in the second half of the year.
Equinor Subsidiary Contracts Valaris Drillship Offshore Brazil
2024-07-22 - Valaris and Equinor Energy do Brasil’s multi-year contract is valued at approximately $498 million.
Archrock Offers Common Stock to Help Pay for TOPS Transaction
2024-07-23 - Archrock, which agreed to buy Total Operations and Production Services (TOPS) in a cash-and-stock transaction, said it will offer 11 million shares of its common stock at $21 per share.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.