Excelerate Energy Corp. said Thursday that global LNG market volatility during the second quarter helped serve as a springboard for its emergence as a public company and its strategy of becoming a downstream resource for energy-starved countries.

The company launched its initial public offering (IPO) in April, netting it the distinction of becoming the first major U.S. LNG company to go public after Russia’s February invasion of Ukraine. Since then, Excelerate has announced a series of agreements for its liquefied natural gas procurement and floating storage and regasification unit (FSRU) services on multiple fronts.

Like with its IPO, CEO Steven Kobos told investors the firm’s plan to expand as an integrated energy business was aided by the scramble by countries across the...