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. (NASDAQ: SLNG) is a clean fueling and LNG-focused company whose news flow centers on liquefied natural gas (LNG) production, storage, transportation, and last-mile delivery solutions. Company press releases and SEC filings highlight developments across marine bunkering, commercial aerospace, and power generation markets, as well as updates on its LNG infrastructure and long-term contracts.
On this page, readers can follow SLNG news related to major commercial agreements, such as 10-year LNG bunkering contracts for the Port of Galveston and a multi-year offtake agreement with Carnival Corporation & plc to supply LNG for cruise operations. News items also cover progress on the proposed Galveston LNG liquefaction facility, including engineering milestones, financing plans, and associated marine logistics assets like the time charter of the LNG bunkering vessel Garibaldi.
Regular earnings releases provide details on quarterly and annual financial performance, revenue trends in marine, aerospace, and power generation end markets, and commentary on capital allocation, liquidity, and growth investments. Stabilis also issues announcements about upcoming conference calls and webcasts where management discusses results and strategic initiatives.
Investors and observers who follow SLNG can use this news feed to monitor updates on long-term LNG supply agreements, expansion of small-scale LNG capacity, developments in Galveston and the Texas Gulf Coast, and changes in revenue mix across key growth markets. Bookmark this page to access a consolidated view of Stabilis Solutions’ press releases, earnings announcements, project updates, and related disclosures as they are released.
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.
Stabilis Solutions reported a 45% revenue increase to $25.8 million for Q3 2022 compared to the same period last year.
Net income from continuing operations was $1.0 million, a significant recovery from previous losses.
Adjusted EBITDA improved to $2.3 million from $1.4 million year-over-year. The company divested its Brazilian operations to focus on growth areas such as aerospace and marine bunkering, which accounted for 23% of Q3 revenue.
Stabilis Solutions (NASDAQ:SLNG) will release its Q3 2022 financial results on November 2, 2022, after the market closes. A conference call is scheduled for November 3, 2022, at 10:00 AM ET. The call will provide insights into the company's performance in the clean energy sector, focusing on production, storage, and delivery solutions across North America. Investors can participate via a dedicated dial-in number or access the webcast online. For further details, visit the company’s website.
Stabilis Solutions, Inc. (NASDAQ:SLNG) has secured authorization from the U.S. Department of Energy to export up to 51.75 billion cubic feet of domestically produced liquefied natural gas (LNG) annually. This approval allows Stabilis to export LNG to both free trade and non-free trade countries for a term of 28 years. The company's CEO, Westy Ballard, emphasized the significance of this approval in addressing the current energy crisis and aiding the transition to cleaner energy sources.
Stabilis Solutions, Inc. (NASDAQ: SLNG) announced the successful bunkering of liquefied natural gas (LNG) for Pasha Hawaii's container ship MV George III in Long Beach, CA. Collaborating with West Coast Clean Fuels, Stabilis provided vital services such as project management and engineering. The operation is aimed at reducing emissions for shipping routes on the West Coast, significantly contributing to regional air quality improvement. The MV George III will bunker biweekly at Long Beach, leading the way for Pasha's plans to deploy additional LNG-powered vessels.
Stabilis Solutions (NASDAQ:SLNG) will release its Q2 2022 financial results on August 10, 2022, post-market close. A conference call is scheduled for August 11, 2022, at 10:00 AM ET to discuss the results. Stabilis is focused on providing clean energy solutions using liquefied natural gas (LNG) across North America. For further details, dial-in information, or to access the webcast, please visit their official website.
Stabilis Solutions (NASDAQ:SLNG) reported strong financial results for Q1 2022, with revenues of $23.0 million, an increase from the previous quarter. The LNG segment generated $20.3 million while the power delivery segment contributed $2.8 million. The company's net loss narrowed to $0.4 million from $2.3 million in Q4 2021. Adjusted EBITDA rose to $2.0 million, reflecting efficiency improvements and effective project management. Stabilis is also witnessing growing demand in sectors like aerospace, while maintaining a liquidity of $4.5 million.
Stabilis Solutions (NASDAQ:SLNG) will release its Q1 2022 financial results on May 4, 2022, after market close. A conference call is scheduled for May 5, 2022, at 10:00 a.m. ET. This event will provide insights into the company's financial performance, focusing on its role in the clean energy sector, particularly through liquefied natural gas (LNG) solutions.
Investors can join the call via phone or webcast. This announcement signals Stabilis's commitment to transparency and investor engagement.