Stabilis Solutions Inc
NASDAQ:SLNG
Stabilis Solutions Inc
Stabilis Solutions, Inc. engages in the provision of small-scale liquefied natural gas production, distribution, and fueling services to multiple end markets. The company is headquartered in Houston Alabama, Texas and currently employs 249 full-time employees. The firm operates through two segments: LNG and Power Delivery. The Company’s LNG segment provides clean energy production, storage, transportation and fueling solutions primarily using liquefied natural gas (LNG) to multiple end markets across North America. Its Power Delivery segment provides power delivery equipment and services for the marine, power generation, oil and gas, and industrial market segments in Brazil. The company also offers a range of electrical and instrumentation turnarounds, maintenance and renovation projects. The company provides LNG as a virtual pipeline solution when natural gas pipelines are not available, or volumes are curtailed. The firm builds and operates cryogenic natural gas processing facilities, called liquefiers, which convert natural gas into LNG through a multiple stage cooling process. The company operates a rental fleet of approximately 162 mobile LNG storage and vaporization assets.
Stabilis Solutions, Inc. engages in the provision of small-scale liquefied natural gas production, distribution, and fueling services to multiple end markets. The company is headquartered in Houston Alabama, Texas and currently employs 249 full-time employees. The firm operates through two segments: LNG and Power Delivery. The Company’s LNG segment provides clean energy production, storage, transportation and fueling solutions primarily using liquefied natural gas (LNG) to multiple end markets across North America. Its Power Delivery segment provides power delivery equipment and services for the marine, power generation, oil and gas, and industrial market segments in Brazil. The company also offers a range of electrical and instrumentation turnarounds, maintenance and renovation projects. The company provides LNG as a virtual pipeline solution when natural gas pipelines are not available, or volumes are curtailed. The firm builds and operates cryogenic natural gas processing facilities, called liquefiers, which convert natural gas into LNG through a multiple stage cooling process. The company operates a rental fleet of approximately 162 mobile LNG storage and vaporization assets.
Strong Revenue Growth: Revenue rose 15% year-over-year, driven by a 21% increase in LNG gallons sold and higher commodity prices.
Expansion in Key Markets: Aerospace, marine, and power generation revenues all saw significant gains, with aerospace up over 88%, marine up 32%, and power generation up 31%.
Galveston LNG Project Milestone: Secured the largest customer contract in company history—a 10-year marine bunkering deal—tied to a planned Galveston LNG facility, with construction targeted to start in Q1 2026.
Contracted Capacity: Expect approximately 75% of Galveston facility's output to be under long-term contracts by final investment decision in early 2026.
Project Financing Approach: Intend to use a joint-venture structure with project-level debt and equity, minimizing dilution for current shareholders.
Operational Execution: High plant utilization and flexibility using both company-owned and third-party LNG supply, with continued discipline on capital deployment.
