Stabilis Solutions Commences Trading on Nasdaq
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.
- Increased visibility on Nasdaq may attract institutional investors.
- Company reported strong growth and a solid client base.
- Stabilis has extensive experience in the LNG sector with over 250 million gallons delivered.
- None.
Houston, TX, April 29, 2021 (GLOBE NEWSWIRE) -- Stabilis Solutions, Inc. ("Stabilis" or the "Company") (NASDAQ:SLNG), a leading provider of energy transition services including hydrogen and liquefied natural gas ("LNG") fueling solutions, is pleased to announce it has commenced trading on The Nasdaq Stock Market LLC (“Nasdaq”), under the Company's existing ticker symbol “SLNG”.
Jim Reddinger, Stabilis' President and Chief Executive Officer commented, “We are extremely excited to join Nasdaq. Given our strong growth, we believe this move will further enhance our visibility in the marketplace, expose our Company to a larger audience of institutional investors and ultimately increase liquidity and shareholder value.”
There is no change to the Company’s outstanding stock certificates or CUSIP number.
About Stabilis
Stabilis Solutions, Inc. is a vertically integrated energy transition company that provides clean energy solutions to our customers. Our solutions include small-scale liquefied natural gas ("LNG") production, distribution and fueling services to multiple end markets in North America. Stabilis also provides hydrogen fueling services to its customers. Stabilis has safely delivered over 250 million gallons of LNG through more than 25,000 truck deliveries during its 16-year operating history in the LNG industry, which we believe makes us one of the largest and most experienced small-scale LNG providers in North America. Stabilis' customers use LNG and hydrogen as a fuel sources in a variety of applications in the industrial, energy, mining, utilities and pipelines, commercial, and high horsepower transportation markets. Stabilis' customers use LNG and hydrogen as alternatives to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions. Stabilis' customers also use LNG as a "virtual pipeline" solution when natural gas pipelines are not available or volumes are curtailed. To learn more, visit www.stabilis-solutions.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "can", "believes," "expects," "could," "will," "plan," "may," "should," "predicts," "potential" and similar expressions are intended to identify such forward-looking statements.
Such forward-looking statements relate to future events or future performance, but reflect the parties' current beliefs, based on information currently available. Most of these factors are outside the parties' control and are difficult to predict. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Factors that may cause such differences include, among other things: the future performance of Stabilis, future demand for and price of LNG, availability and price of natural gas, unexpected costs, and general economic conditions.
The foregoing list of factors is not exclusive. Additional information concerning these and other risk factors is contained in our quarterly reports on Form 10-Q and annual reports on Form 10-K, which are available on the SEC's website at www.sec.gov or on the Investors section of our website at www.stabilis-solutions.com. All subsequent written and oral forward-looking statements concerning Stabilis, or other matters attributable to Stabilis, or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.
Stabilis does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
FAQ
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