Welcome to our dedicated page for Stabilis Solutions news (Ticker: SLNG), a resource for investors and traders seeking the latest updates and insights on Stabilis Solutions stock.
Stabilis Solutions Inc is an energy transition company that provides turnkey clean energy production, storage, transportation, and fueling solutions using liquefied natural gas (LNG) to multiple end markets. The company offers LNG solutions to customers in various sectors, including aerospace, agriculture, energy, industrials, marine bunkering, mining, pipeline, remote power, and utility markets. It earns revenue by selling and delivering LNG to clients, renting cryogenic equipment, and offering engineering and field support services. With operations in the United States and Mexico, Stabilis Solutions is at the forefront of the clean energy revolution.
Stabilis Solutions (NASDAQ:SLNG) has been added to the Russell Microcap Index as of June 28, 2021, enhancing its visibility in the market.
This inclusion allows automatic participation in growth and value style indexes, providing access to a broader range of institutional investors. FTSE Russell, managing approximately $10.6 trillion in assets, offers a significant benchmark for various investment strategies.
Stabilis specializes in liquefied natural gas and hydrogen fueling solutions, catering to multiple industries, and has delivered over 250 million gallons of LNG in its operational history.
Stabilis Solutions, Inc. (NASDAQ: SLNG) has completed the acquisition of an LNG production facility in Port Allen, Louisiana from HR Nu Blu Energy, enhancing its LNG production capacity by 30%. The facility, built in 2018, can produce 30,000 LNG gallons daily, and Stabilis anticipates selling its full capacity immediately to existing customers. This strategic location supports the LNG needs of large customers in the Gulf Coast and aims to capitalize on rising LNG marine bunkering demand. Projected annual EBITDA from this acquisition ranges from $2.5 to $3.0 million.
Stabilis Solutions, Inc. (NASDAQ:SLNG) announced participation in two investor conferences in June 2021. The Summer Solstice Best Ideas Conference is scheduled for June 1 at 10:30 AM EDT, and the LD Micro Invitational XI will take place on June 10 at 11:00 AM EDT. CEO Jim Reddinger and CFO Andy Puhala will present the company overview and conduct virtual one-on-one meetings. Stabilis specializes in energy transition services, including liquefied natural gas and hydrogen fueling solutions, and has delivered over 250 million gallons of LNG in its 16-year history.
Stabilis Solutions, Inc. (NASDAQ: SLNG) announced its participation in the Sidoti Spring 2021 Virtual Investor Conference on May 20, 2021. CEO Jim Reddinger expressed enthusiasm for presenting the company's growth story to potential investors. The management team will provide insights into Stabilis' energy transition services, including liquefied natural gas (LNG) and hydrogen fueling solutions. The presentation is scheduled for 10:45 a.m. Eastern Time, with virtual one-on-one meetings available. Stabilis boasts 16 years of experience and over 250 million gallons of LNG delivered across various sectors.
Stabilis Solutions, Inc. (NASDAQ:SLNG) reported record first-quarter 2021 results, with revenue of $17.7 million, a 29% increase sequentially and 28% year-over-year. Notably, net income reached $0.2 million, improving from previous losses. The company secured long-term contracts for 40% of its LNG production and closed a $10 million credit facility. LNG revenue surged to $16.1 million, with deliveries of 13.4 million gallons, marking a 29% sequential rise. Stabilis is poised for growth in LNG and hydrogen markets, supported by expanding operations in Mexico and aerospace sectors.
The Port of Corpus Christi Authority and Stabilis Solutions (NASDAQ:SLNG) have signed a Memorandum of Understanding (MOU) to promote LNG as a marine fuel. This partnership aims to enhance the use of LNG for vessels at the port, focusing on efficiency and emissions reduction compared to diesel. The Port will provide dock space for LNG fueling, while Stabilis will utilize its mobile cryogenic assets for operations. This initiative is part of a broader commitment to decarbonization and improved air quality, aligning with the maritime sector's efforts to reduce emissions.
Stabilis Solutions (NASDAQ:SLNG) has commenced trading on Nasdaq, enhancing its market visibility and potentially increasing liquidity and shareholder value. The company, a leader in energy transition services, focuses on hydrogen and LNG fueling solutions. Stabilis has delivered over 250 million gallons of LNG through 25,000+ truck deliveries in 16 years, serving various sectors, including industrial and energy markets. This trading move signifies growth and ambition in providing clean energy alternatives.
Stabilis Solutions, Inc. (OTCQX:SLNG) will announce its first quarter 2021 financial results on May 5, 2021, after market close. A conference call is scheduled for May 6, 2021, at 10:00 a.m. ET. Stabilis is a provider of energy transition services, specializing in hydrogen and liquefied natural gas (LNG) fueling solutions.
The company has delivered over 250 million gallons of LNG through more than 25,000 truck deliveries over its 16-year history, establishing itself as a leading small-scale LNG provider in North America.
Stabilis Solutions (OTCQX:SLNG) has received approval to list its common stock on The Nasdaq Capital Market, effective April 29, 2021. This milestone aims to enhance investor access, improve trading liquidity, and unlock value for current shareholders. Stabilis specializes in energy transition services, including hydrogen and liquefied natural gas (LNG) fueling solutions, having delivered over 250 million gallons of LNG in its operations. The company focuses on providing clean energy alternatives across multiple sectors to reduce emissions and fuel costs.
Stabilis Solutions (OTCQX: SLNG) reported record preliminary revenues for Q1 2021, ranging from $17.5 million to $17.8 million, marking a 30% increase from Q4 2020 and a 29% increase from Q1 2020. The company delivered 13.4 million gallons of LNG during the quarter, reflecting a 29% increase from the previous quarter. This growth was driven by expanding power generation projects, operations in Mexico, and aerospace customer activity. A final earnings release is set for May 5, 2021, followed by a conference call on May 6, 2021.
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