Stabilis Solutions

Stabilis Solutions, Inc. engages in the provision of small-scale liquefied natural gas production, distribution, and fueling services to multiple end markets. It operates through the following segments: LNG and Power Delivery. The LNG segment supplies LNG to the industrial, midstream, and oilfield sectors in North America and provides turnkey fuel solutions to help users of propane, diesel and other crude-based fuel products convert to LNG. The Power Delivery segment provides power delivery solutions to the global energy industry through its subsidiary in Brazil and joint venture in China. The company was founded on October 21, 1996 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Stabilis Solutions (SLNG) reports strong Q3 growth and eyes new markets

Stabilis Solutions (SLNG) delivered robust financial performance in Q3 2024, marked by significant revenue growth, improved margins, and enhanced liquidity.
The company's strategic focus on expanding into new markets and securing longer-term contracts positions it well for sustained growth and profitability.
While facing challenges in managing capital expenditures and evaluating funding sources, Stabilis has ample opportunities to capitalize on market trends and drive future growth.

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Stabilis Solutions, Inc. (NASDAQ:SLNG ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Andy Puhala - Senior Vice President, Chief Financial Officer & Secretary Westy Ballard - President & Chief Executive Officer Conference Call Participants Martin Malloy - Johnson Rice Barry Haimes - Sage Asset Management Matt Dhane - Tieton Capital Management Operator Welcome to the Stabilis Solutions Third Quarter 2024 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode.

Stabilis Solutions, Inc. (SLNG) Q3 2024 Earnings Call Transcript

HOUSTON, TX / ACCESSWIRE / November 6, 2024 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean fueling, production, storage, and last mile delivery solutions for many of the world's most recognized, high-performance brands, today announced financial results for the third quarter ended September 30, 2024. THIRD QUARTER PERFORMANCE HIGHLIGHTS Strong customer demand supported by ratable long-term contractual agreements and improved plant utilization 22% increase in LNG sales volumes on a year-over-year basis Delivered positive net income, an improvement of $1.2 million on a year-over-year basis Adjusted EBITDA of $2.6 million, an increase of $2.0 million on a year-over-year basis $2.6 million of cash flow from operations, an increase of 73% on a year-over-year basis $15.6 million of cash and availability under credit agreements as of September 30, 2024 MANAGEMENT COMMENTARY "We continued to advance our multi-year business transformation strategy during the third quarter, culminating in significant year-over-year growth in revenue and profitability, together with increased balance sheet optionality to support further value creation," said Westy Ballard, President and Chief Executive Officer.

Stabilis Solutions Announces Third Quarter 2024 Results

HOUSTON, TX / ACCESSWIRE / October 24, 2024 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of clean fueling, production, storage, and last mile delivery solutions for many of the world's most recognized, high-performance brands, today announced that it will issue third quarter 2024 results after the U.S. markets close on Wednesday, November 6, 2024. A conference call will be held on Thursday, November 7, 2024 at 9:00 a.m.

Stabilis Solutions Announces Third Quarter 2024 Conference Call and Webcast Date

HOUSTON, TX / ACCESSWIRE / August 7, 2024 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean fueling, production, storage, and last mile delivery solutions for many of the world's most recognized, high-performance brands, today announced financial results for the second quarter ended June 30, 2024. SECOND QUARTER PERFORMANCE HIGHLIGHTS Strong demand and higher utilization at our Texas liquefaction plant led to a year-over-year increase of 45.3% in LNG volumes delivered and an improvement of $2.2 million in net income Record second quarter Adjusted EBITDA of $2.1 million, an increase of $2.2 million on a year-over-year basis $5.0 million of cash flow from operations, an increase of 32.3% on a year-over-year basis $15.9 million of cash and availability under our credit agreements with cash and cash equivalents exceeding debt outstanding resulting in a net cash positive balance sheet as of June 30, 2024 MANAGEMENT COMMENTARY "We delivered strong second quarter results due to the ongoing efforts of our entire team to transition our company into one of North America's largest providers of liquefied natural gas fueling, production, storage, and last mile delivery solutions.

Stabilis Solutions Announces Second Quarter 2024 Results

HOUSTON, TX / ACCESSWIRE / July 30, 2024 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of clean fueling, production, storage, and last mile delivery solutions for many of the world's most recognized, high-performance brands, today announced that it will issue second quarter 2024 results after the U.S. markets close on Wednesday, August 7, 2024. A conference call will be held on Thursday, August 8, 2024 at 9:00 a.m.

Stabilis Solutions Announces Second Quarter 2024 Conference Call And Webcast Date

Stabilis Solutions, Inc. (NASDAQ:SLNG ) Q1 2024 Earnings Conference Call May 8, 2024 ET Company Participants Westy Ballard - President and CEO Andy Puhala - Chief Financial Officer Conference Call Participants Martin Malloy - Johnson Rice William Dezellem - Tieton Capital Barry Haimes - Sage Asset Management Operator Good day, everyone, and welcome to the Stabilis Solutions' First Quarter 2024 Earnings Conference Call. [Operator Instructions] Now it is my pleasure to turn the floor over to our host, Andy Puhala, Chief Financial Officer.

Stabilis Solutions, Inc. (SLNG) Q1 2024 Earnings Call Transcript

HOUSTON, TX / ACCESSWIRE / May 7, 2024 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of clean fueling, production, storage, and last mile delivery solutions for many of the world's most recognized, high-performance brands, today announced financial results for the first quarter ended March 31, 2024. FIRST QUARTER PERFORMANCE HIGHLIGHTS Strong demand led to an 8% increase in LNG volumes delivered and $1.5 million of net income, an increase of 36% on a year-over-year basis $3.9 million of cash flow from operations, an increase of $3.8 million on a year-over-year basis $12.6 million of cash and availability under our credit agreements and trailing twelve-month net leverage ratio of 0.1x as of March 31, 2024 MANAGEMENT COMMENTARY "We delivered a strong first quarter performance, highlighted by new commercial wins and strong operational execution," stated Westy Ballard, President and Chief Executive Officer.

Stabilis Solutions Announces Strong First Quarter 2024 Results

HOUSTON, TX / ACCESSWIRE / April 30, 2024 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of clean fueling and power production, storage, and last mile delivery solutions for many of the world's most recognized, high-performance brands, today announced the extension of its LNG supply agreement with a leading global provider of on-demand industrial power solutions, together with an update on Stabilis' role as a solutions provider of choice for peak load, intermittent, distributed, and emergency relief power needs across multiple industries. KEY HIGHLIGHTS Stabilis continues to enhance its role as a leading clean fuel and power solutions provider for behind-the-meter clean energy installations.

Stabilis Solutions Announces Extension of LNG Fuel Contract in Support of Grid Resiliency

HOUSTON, TX / ACCESSWIRE / April 24, 2024 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean energy production, storage, and delivery solutions, today announced that it will issue first quarter 2024 results after the U.S. markets close on Tuesday, May 7, 2024. A conference call will be held on Wednesday, May 8, 2024, at 9:00 a.m.

Stabilis Solutions Announces First Quarter 2024 Conference Call and Webcast Date

HOUSTON, TX / ACCESSWIRE / April 3, 2024 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of clean energy production, storage, and delivery solutions, today provided a business update highlighting expectations for increased, multi-year demand growth for high-purity LNG fuel from the commercial space launch market. AEROSPACE MARKET OPPORTUNITY U.S. rapidly becoming the global leader in commercial rocket launch activity.

Stabilis Solutions To Become Major Supplier of High-Purity Rocket Propellant to Commercial Space Industry

Stabilis Solutions, Inc. (NASDAQ:SLNG) Q4 2023 Results Conference Call March 7, 2024 9:00 AM ET

Stabilis Solutions, Inc. (SLNG) Q4 2023 Earnings Call Transcript

HOUSTON, TX / ACCESSWIRE / March 6, 2024 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean energy production, storage, and delivery solutions to multiple end markets, today announced financial results for the fourth quarter and full year ended December 31, 2023. PERFORMANCE HIGHLIGHTS Generated positive fourth quarter and full-year net income Delivered $6.7 million of cash flow from operations in full year 2023 More than $11.0 million of cash and available liquidity and net leverage ratio of 0.6x as of December 31, 2023 Commenced deliveries on previously announced multi-year LNG bunkering contract with Carnival Corporation Anticipate marine bunkering business to represent more than one-third of total revenue for the full year 2024 MANAGEMENT COMMENTARY "Our fourth quarter performance was a strong finish to an historic year for Stabilis," stated Westy Ballard, President and Chief Executive Officer.

Stabilis Solutions Announces Fourth Quarter and Full Year 2023 Results

HOUSTON, TX / ACCESSWIRE / February 22, 2024 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of clean energy production, storage, and delivery solutions, today announced that it will issue fourth quarter and full year 2023 results after the U.S. markets close on Wednesday, March 6, 2024. A conference call will be held on Thursday, March 7, 2024 at 9:00 a.m.

Stabilis Solutions Announces Fourth Quarter and Full Year 2023 Conference Call and Webcast Date

Stabilis Solutions, Inc. (NASDAQ:SLNG ) Q3 2023 Earnings Conference Call November 9, 2023 9:00 AM ET Company Participants Andrew Puhala - Senior Vice President and Chief Financial Officer Westervelt Ballard - President and Chief Executive Officer Conference Call Participants Martin Malloy - Johnson Rice Jeffrey Grampp - Alliance Global Partners Barry Haimes - Sage Asset Management Operator Welcome to the Stabilis Solutions Third Quarter 2023 Earnings Conference Call. [Operator Instructions] Please be advised that today's call is being recorded.

Stabilis Solutions, Inc. (SLNG) Q3 2023 Earnings Call Transcript

HOUSTON, TX / ACCESSWIRE / November 8, 2023 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of clean energy production, storage, and delivery solutions, today announced results for the third quarter ended September 30, 2023. RECENT PERFORMANCE HIGHLIGHTS ● Announced new multi-year marine LNG bunkering contract with Carnival Corporation in October 2023 ● Finalized purchase of key components for a new 100,000 gallon per day LNG liquefaction train ● Delivered quarter-over-quarter revenue growth of 19% ● Generated third quarter Adjusted EBITDA of $0.5 million ● More than $8 million in cash and available liquidity to support ongoing strategic growth initiatives MANAGEMENT COMMENTARY "We delivered third quarter results in-line with our expectations, while continuing to advance a series of strategic and operational priorities that position us for long-term profitable growth," stated Westy Ballard, President and CEO.

Stabilis Solutions Reports Third Quarter 2023 Results

Carnival

HOUSTON, TX / ACCESSWIRE / October 31, 2023 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of sustainable energy production, storage, and delivery solutions, announced today that it has been awarded a multi-year marine bunkering contract with Carnival Corporation & plc ("Carnival") (NYSE/LSE:CCL; NYSE:CUK) to provide LNG fuel for the Carnival Jubilee, the newest addition to the Carnival Cruise Line fleet, which is setting sail from Galveston, Texas beginning in December 2023. Under the terms of the contract, Stabilis will supply firm LNG deliveries on a ratable basis from its owned liquefaction facility in Texas over the two-year contract, with an option to extend the contract for up to an additional two years at the request of Carnival Corporation.

Stabilis Solutions Announces Multi-Year LNG Bunkering Contract with Carnival Corporation

HOUSTON, TX / ACCESSWIRE / October 24, 2023 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean energy production, storage, and delivery solutions, today announced that it will issue third quarter 2023 results after the U.S. markets close on Wednesday, November 8, 2023. A conference call will be held on Thursday, November 9, 2023 at 9:00 a.m.

Stabilis Solutions Announces Third Quarter 2023 Conference Call And Webcast Date

Stabilis Solutions, Inc. (NASDAQ:SLNG ) Q2 2023 Earnings Conference Call August 10, 2023 9:00 AM ET Company Participants Andy Puhala – Senior Vice President and Chief Financial Officer Westy Ballard – President and Chief Executive Officer Conference Call Participants Martin Malloy – Johnson Rice Jeff Grampp – Alliance Global Partners Barry Haimes – Sage Asset Management Operator Welcome to Stabilis Solutions Second Quarter 2023 Earnings Conference Call. At this time all participants have been placed on a listen-only mode and the floor will be opened for your questions following the presentation.

Stabilis Solutions, Inc. (SLNG) Q2 2023 Earnings Call Transcript

HOUSTON, TX / ACCESSWIRE / August 9, 2023 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean energy production, storage, and delivery solutions, today announced results for the second quarter ended June 30, 2023. For the three months ended June 30, 2023, Stabilis reported a net loss of ($2.2) million, on revenue of $12.9 million, versus a net loss of ($2.2) million, on revenue of $23.2 million in the second quarter 2022, and net income of $1.1 million, on revenue of $26.8 million in the first quarter 2023.

Stabilis Solutions Reports Second Quarter 2023 Results

HOUSTON, TX / ACCESSWIRE / July 27, 2023 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of clean energy production, storage, and delivery solutions, today announced that it will issue second quarter 2023 results after the U.S. markets close on Wednesday, August 9, 2023. A conference call will be held on Thursday, August 10, 2023 at 9:00 a.m.

Stabilis Solutions Announces Second Quarter 2023 Conference Call and Webcast Date

HOUSTON, TX / ACCESSWIRE / June 12, 2023 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of clean energy production, storage, and delivery solutions, today announced that it has successfully arranged a new, $10 million secured revolving credit facility (the "Facility") with Cadence Bank. The Facility, which matures in June 2026, includes a $5 million accordion provision, subject to lender approval.

Stabilis Solutions Announces New $10 Million Revolving Credit Facility

HOUSTON, TX / ACCESSWIRE / May 10, 2023 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of clean energy production, storage, and delivery solutions to multiple end markets, today reported its financial results for its first quarter ended March 31, 2023. For the first quarter, Stabilis reported revenues of $26.8 million, a 32% increase from the first quarter of 2022 and a 9% decrease from the fourth quarter of 2022.

Stabilis Solutions Reports First Quarter 2023 Results

HOUSTON, TX / ACCESSWIRE / April 26, 2023 / Stabilis Solutions, Inc. ("Stabilis") (NASDAQ:SLNG), a leading provider of clean energy production, storage, and delivery solutions to multiple end markets, is pleased to announce that it will release its first quarter 2023 financial results on Wednesday, May 10, 2023, after the market closes. The Company has scheduled a conference call on Thursday, May 11, 2023, at 10:00 a.m.

Stabilis Solutions Announces First Quarter Earnings Call

Stabilis Solutions, Inc. (NASDAQ:SLNG ) Q4 2022 Results Conference Call March 9, 2023 10:00 AM ET Company Participants Westy Ballard - President and CEO Andy Puhala - CFO Conference Call Participants Martin Malloy - Johnson Rice Liam Burke - B. Riley Barry Haimes - Sage Asset Management Bill Dezellem - Tieton Capital Operator Good morning, ladies and gentlemen, and welcome to the Stabilis Solutions Fourth Quarter and Full Year 2022 Earnings Conference Call.

Stabilis Solutions, Inc. (SLNG) Q4 2022 Earnings Call Transcript

HOUSTON, TX / ACCESSWIRE / March 8, 2023 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of clean energy production, storage, and delivery solutions to multiple end markets, today announced its financial results for its fourth quarter and full year ended December 31, 2022. Fourth Quarter Results For the fourth quarter ended December 31, 2022, Stabilis reported revenues of $29.6 million, a 15% increase sequentially and a 42% increase from the fourth quarter of 2021.

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