$EE

Ofcom reported a decrease in pay-TV complaints in Q2 2026, while broadband and mobile complaints remained steady. BT, EE, TalkTalk, and Vodafone had the most broadband complaints, with BT unchanged, EE rising, and TalkTalk and Vodafone falling. O2 and Sky Mobile had the most mobile complaints. EE and Virgin Media had the most pay-TV complaints, while TalkTalk had the fewest. Virgin Media O2 noted improvements in their customer service.

Calumet reported $1.45B revenue, up 40.8% YoY, beating estimates. Kodiak Gas Services reported $391.1M revenue, up 21.1% YoY, missing EPS estimates. Expand Energy reported $2.51B revenue, down 10.6% YoY, beating estimates. Genesis Energy reported $532M revenue, up 41% YoY, beating estimates. Stocks reacted accordingly.

Seatrium has won its first FSRU conversion contract from Excelerate Energy, covering regasification and LNG handling systems. The project, starting in Q4 2026, aims to deliver a 170,000 cubic meter FSRU by 2028. Excelerate Energy expects the vessel to expand its LNG infrastructure platform.

Calumet (up 33.4%) and DHT Holdings (up 33.8%) reported strong Q1 earnings, while Kodiak Gas Services (down 5.4%) and Excelerate Energy (down 11.4%) underperformed. Calumet and DHT beat revenue and EPS estimates, while Kodiak and Excelerate had mixed results. DHT had the fastest revenue growth at 174% YoY.

Nord Gas Solutions (NGS) won a contract to supply a regasification system for Excelerate Energy's (NYSE: EE) first FSRU conversion project. The system will be installed on the 'Methane Patricia Camila,' a 170,000 cbm LNG carrier. The contract was awarded in July 2026, with delivery expected in the first half of 2028. According to Excelerate Energy, NGS's experience and technical expertise made them a suitable partner.

Calumet (CLMT) stock rose 8.9% post-earnings, trading at $16.19. Kodiak Gas Services (KGS) reported $391.1M revenue, up 21.1% YoY, with stock up 10.5% to $62.81. Excelerate Energy (EE) saw $329.3M revenue, up 61% YoY, with stock up 3% to $39.65. DHT Holdings (DHT) reported $255.2M revenue, up 174% YoY, with stock up 13% to $20.19. Market focus has shifted from AI to geopolitics and back to fundamentals.

Excelerate Energy (NYSE:EE) reported $329.3M revenue, up 61% YoY, beating estimates. Kinder Morgan (NYSE:KMI) reported $4.48B revenue, up 10.8% YoY, also beating estimates. Expand Energy (NASDAQ:EXE) reported $2.51B revenue, down 10.6% YoY, but beat expectations. All companies' stock prices moved post-earnings.

The UP World LNG Shipping Index rose 2.29% to 223.45 points last week, outperforming the S&P 500’s 0.36% gain. Fourteen of 21 listed LNG shipping companies advanced. LNG prices were $21.30/mmBtu in Asia and $20.60 in Europe, while tanker rates fell to $40,000/day (Atlantic) and $69,000/day (Pacific) after Qatari redeployments. Chevron led (+7%), New Fortress Energy fell (-8.47%).

Excelerate Energy (NYSE:EE) reported Q2 2026 adjusted EBITDA of $120.1 million (+12% y/y) and total revenue of $329.3 million. Net income was $50.1 million. Management raised 2026 adjusted EBITDA guidance to $490 million to $515 million and increased the quarterly dividend to $0.09/share, while outlining capital plans for Iraq and an LNG carrier acquisition.

The UP World LNG Shipping Index rose 1.22% to 218.45 points, with 13 of 21 listed LNG shipping companies up. Atlantic spot tanker rates fell to $51,750/day, while Pacific stayed at $71,500/day. PAN Ocean and Korea Line gained about 10%. Excelerate Energy dropped 11.2% after quarterly results. LNG demand outlook cited extreme heat in Japan and South Korea.