Stabilis Solutions, Inc. - SLNG STOCK NEWS

Stabilis Solutions has been awarded a multi-year marine bunkering contract with Carnival Corporation to provide LNG fuel for the Carnival Jubilee cruise ship. Stabilis will supply firm LNG deliveries from its liquefaction facility in Texas over the two-year contract, with an option to extend for up to two additional years. This partnership is part of Carnival's decarbonization strategy, and Stabilis aims to serve the growing market for sustainable fuel sources in the marine industry.

Stabilis Solutions, Inc. will release its third quarter 2023 results on November 8, 2023, followed by a conference call on November 9, 2023, to discuss financial results and recent events.

Stabilis Solutions, Inc. (Nasdaq:SLNG) reported a net loss of ($2.2) million on revenue of $12.9 million for Q2 2023. Adjusted EBITDA was ($0.1) million. The results were driven by lower commodity prices, changes in feed gas composition, and additional operating costs. Total capital expenditures increased 400% to $5.2 million to support marine customer demand growth. Stabilis had total cash and equivalents of $8.1 million and total debt outstanding of $9.9 million.

Stabilis Solutions, Inc. will release its second quarter 2023 results on August 9, 2023, and hold a conference call the next day to discuss the financial results and recent events.

Stabilis Solutions, Inc. (NASDAQ:SLNG) will release its first quarter 2023 financial results on May 10, 2023, after the market closes. The accompanying conference call is scheduled for May 11, 2023, at 10:00 a.m. ET (9:00 a.m. CT). Investors can join the call by dialing +1 888-506-0062 or +1 973-528-0011 for international callers, using the passcode 317626. A webcast will also be available at this link. Replay options are available for those who miss the live event. Stabilis Solutions focuses on providing clean energy solutions across multiple markets. Further details can be accessed on their official website.

Stabilis Solutions, Inc. (NASDAQ:SLNG) reported its financial results for Q4 and full year 2022. Q4 revenues rose to $29.6 million, up 15% sequentially and 42% year-over-year, driven by increased LNG deliveries and higher natural gas prices. Net income for Q4 reached $0.2 million, a decrease from $1.0 million in Q3 2022 but an improvement from a loss of $2.3 million in Q4 2021. For the full year, revenues totaled $98.8 million, a 43% increase from 2021, with a reduced net loss of $1.2 million compared to $7.6 million the previous year. Adjusted EBITDA for 2022 was $9.6 million. The company sees potential for market expansion in 2023.

Stabilis Solutions (NASDAQ:SLNG) is set to release its fourth quarter and full year 2022 financial results on March 8, 2023, post-market. This announcement will be followed by a conference call scheduled for March 9, 2023, at 10:00 a.m. ET. Investors can access the call via dial-in numbers for both the US and international callers, as well as through a webcast. Stabilis Solutions specializes in clean energy solutions, catering to various market needs. For further information, visit www.stabilis-solutions.com.