Excelerate Energy (EE) Gains Following New Award in Iraq

The share price of Excelerate Energy, Inc. (NYSE:EE) surged by 4.13% between October 3 and October 10, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Excelerate Energy, Inc. (NYSE:EE) enhances energy security by delivering critical LNG and natural gas to countries around the world.

Excelerate Energy, Inc. (NYSE:EE) received a significant boost recently after it was reported that the company has won an award from the Iraqi government to develop an integrated floating LNG import terminal in the country. The project will allow Iraq to import LNG for domestic power generation and help stabilize the national grid, in addition to supporting the country in diversifying away from unreliable natural gas supply sources.

Steven Kobos, President and CEO of Excelerate Energy, Inc. (NYSE:EE), stated:

“This award is a testament to the strategic partnership between Excelerate Energy and the Government of Iraq. We are honored to be selected for this critical infrastructure project and look forward to working closely with Iraqi leadership to bring it to fruition. I thank Prime Minister Eng. Sudani, Deputy Prime Minister for International Affairs Dr. Hussein, Deputy Prime Minister for Energy Affairs Mr. Al-Sawad, and the Council of Ministers for the trust they have placed in Excelerate to develop this LNG terminal.”

Despite the recent uptick, the share price of Excelerate Energy, Inc. (NYSE:EE) has fallen by over 14% since the beginning of 2025.

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