Texan LNG Import Terminal Builder Excelerate Energy Launches IPO as Natural Gas Prices Soar

Natural gas prices are soaring with LNG demand seeing the US overtake Australia and QATAR as the largest exporter of natural gas. In this backdrop Woodlands Texas based Excelerate Energy Inc who build liquified natural gas import terminals went public and raised $384 million at a $2.5 billion market cap million with its initial public offering under the symbol EE. The stock closed up 17%. The SEC certified the LNG company’s registration on April 8 and shares began trading on … Continue reading “Texan LNG Import Terminal Builder Excelerate Energy Launches IPO as Natural Gas Prices Soar”