Stabilis Solutions, Inc.
- Open
- 5.76
- Day high
- 6.04
- Day low
- 5.76
- Prev close
- 5.75
- Volume
- 68K
- Mkt cap
- $112M
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 1.9
- P/S
- 2.0
- Yield
- —
- Per share
- —
Stabilis Solutions, Inc. (SLNG) is a Energy company listed on NASDAQ. The stock is up 54% over the past year. Drillr has 1 published research article covering SLNG.
Stabilis Solutions, Inc. (SLNG) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
SLNG earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 12, 2026 | $-0.07 | $-0.25 | -233.3% | $12M | +9.9% |
| May 7, 2026 | $-0.04 | $-0.22 | -388.9% | $10M | -15.9% |
| Mar 5, 2026 | $-0.04 | $-0.01 | +73.0% | $13M | +0.0% |
| Nov 5, 2025 | $0.01 | $0.06 | +419.5% | $20M | -7.2% |
| May 7, 2025 | $-0.03 | $-0.09 | -200.0% | $17M | -10.2% |
| Mar 6, 2024 | $-0.08 | $0.08 | +200.0% | $18M | -30.1% |
| May 10, 2023 | $-0.01 | $0.06 | +700.0% | $27M | +3.1% |
| Mar 8, 2023 | — | $0.01 | — | $30M | +12.8% |
| Nov 2, 2022 | $-0.03 | $0.06 | +300.0% | $26M | +15.4% |
| Aug 10, 2022 | $-0.07 | $-0.12 | -71.4% | $23M | +2.3% |
| May 4, 2022 | $-0.10 | $-0.02 | +80.0% | $23M | -1.7% |
| Mar 9, 2022 | $-0.06 | $-0.13 | -116.7% | $24M | +7.6% |
SLNG insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| May 14, 2026 | KUNTZ EDWARD Ldirector | Buy | 167 | $3.60 |
| May 14, 2026 | Puhala Andrew Lewisofficer: Chief Financial Officer | Buy | 2,000 | $3.68 |
| May 14, 2026 | KUNTZ EDWARD Ldirector | Buy | 7,500 | $3.89 |
| Feb 28, 2025 | KUNTZ EDWARD Ldirector | Buy | 4,000 | $5.06 |
| Feb 19, 2025 | Puhala Andrew Lewisofficer: Chief Financial Officer | Option | 1,553 | — |
| Feb 4, 2025 | Ballard Westervelt T. JRdirector, officer: President and CEO | Option | 7,765 | — |
| Feb 4, 2025 | Ballard Westervelt T. JRdirector, officer: President and CEO | Grant | 442,574 | $6.00 |
| Feb 4, 2025 | Ballard Westervelt T. JRdirector, officer: President and CEO | Grant | 1,300,000 | $10.00 |
| Feb 4, 2025 | Ballard Westervelt T. JRdirector, officer: President and CEO | Tax | 2,302 | — |
| Aug 30, 2024 | Puhala Andrew Lewisofficer: Chief Financial Officer | Buy | 3,000 | $4.05 |
| Aug 23, 2024 | Puhala Andrew Lewisofficer: Chief Financial Officer | Buy | 2,000 | $3.97 |
| Aug 19, 2024 | Puhala Andrew Lewisofficer: Chief Financial Officer | Buy | 423 | $4.28 |
| Jun 7, 2024 | Puhala Andrew Lewisofficer: Chief Financial Officer | Buy | 1,000 | $4.15 |
| May 23, 2024 | Puhala Andrew Lewisofficer: Chief Financial Officer | Buy | 1,138 | $3.99 |
| May 17, 2024 | Mitchell Peter C.director | Buy | 3,564 | $4.14 |
Source: SLNG SEC Form 4 filings, latest May 14, 2026. For informational purposes only — not investment advice.
See the full SLNG insider & 13F page →Stabilis Solutions, Inc. company profile
Overview
Stabilis Solutions, Inc. (NASDAQ:SLNG) is a Houston-based energy company founded in 2013 that specializes in small-scale liquefied natural gas (LNG) production, distribution, and fueling services across North America. The company has evolved from a traditional industrial LNG supplier into a diversified clean energy solutions provider, expanding into high-growth markets including marine bunkering, aerospace propellant supply, and distributed power generation. Stabilis operates through two primary segments: LNG services and Power Delivery, serving customers across industrial, transportation, and emerging technology sectors.
Business
Stabilis Solutions operates in the small-scale LNG market, which involves the production, storage, transportation, and delivery of liquefied natural gas in relatively small quantities compared to large-scale LNG export terminals. LNG is natural gas that has been cooled to approximately -260°F (-162°C), transforming it from a gas into a liquid that occupies about 1/600th of its original volume, making it much easier and more cost-effective to transport and store. The company's core business revolves around two main segments: LNG Segment (Primary Business): This segment generates the majority of company revenues and includes small-scale LNG production at their George West, Texas facility, along with comprehensive distribution and fueling services. The company serves multiple end markets including industrial manufacturing, midstream energy operations, oilfield services, marine bunkering (ship fueling), and aerospace applications where LNG serves as rocket propellant. Stabilis operates a fleet of specialized cryogenic trucks and trailers to deliver LNG to customers who lack pipeline access or require the specific properties of LNG for their operations. Power Delivery Segment: This smaller segment provides electrical construction, instrumentation installation, and power generation services. The company builds electrical systems and offers temporary power solutions, particularly targeting data centers, mining operations, and industrial facilities requiring backup or primary power generation in remote locations. The company has strategically pivoted toward higher-margin, growth markets. Marine and aerospace customers now represent approximately 51% of revenues as of Q1 2025, up dramatically from 14% in Q4 2023. The aerospace market involves supplying high-purity LNG as rocket propellant to space launch companies, while marine bunkering serves LNG-powered ships including cruise vessels, container ships, and tankers seeking cleaner fuel alternatives to traditional marine fuels.
Revenue model
Stabilis Solutions generates revenue primarily through product sales and service fees across its diversified customer base. The company's business model centers on selling LNG as a commodity while providing value-added logistics and technical services. The LNG segment makes money through several revenue streams: direct LNG sales to industrial customers who use it for manufacturing processes, heating, or as a cleaner alternative to diesel and propane; premium-priced sales to aerospace customers requiring high-purity LNG for rocket propellant; marine bunkering services where the company supplies LNG fuel to ships; and equipment rental services including cryogenic storage tanks and related field services. The Power Delivery segment generates revenue through electrical construction contracts, power generation services, and equipment installation projects. The company's customers include industrial manufacturers, oil and gas midstream companies, aerospace and defense contractors, cruise lines and shipping companies, mining operations, data centers, and utilities. Payment typically occurs on delivery or completion of services, providing relatively predictable cash flow patterns. Several factors significantly impact Stabilis's margins and profitability. Commodity price volatility in natural gas directly affects input costs and pricing power, while transportation fuel costs impact delivery economics given the company's extensive trucking operations. Utilization rates at the company's liquefaction facilities are critical, as higher throughput spreads fixed costs across more units sold. Geographic expansion and customer diversification can improve margins by reducing dependence on any single market or customer, while seasonal demand patterns in industrial and heating markets create quarterly revenue fluctuations. The company's strategic shift toward aerospace and marine markets offers higher margins due to specialized requirements and limited competition, but these markets also require significant upfront investments in specialized equipment and facilities. Regulatory changes affecting emissions standards and clean fuel mandates can either boost demand for LNG as a cleaner alternative or create compliance costs that pressure margins.
Competitive moat
Stabilis Solutions operates in a moderately defensible niche market with several competitive advantages, though its moat is not exceptionally strong. The company's primary competitive advantages stem from its specialized infrastructure, operational expertise, and established customer relationships in small-scale LNG distribution. The company's infrastructure moat includes its liquefaction facility in George West, Texas, specialized cryogenic transportation fleet, and strategic storage locations. These assets require significant capital investment and technical expertise to replicate, creating barriers to entry for potential competitors. The company's 28-year export license from the Department of Energy provides regulatory protection and flexibility to serve international markets if domestic opportunities become saturated. Operational expertise in handling cryogenic liquids, last-mile delivery logistics, and serving specialized markets like aerospace creates switching costs for customers who rely on Stabilis's technical knowledge and reliability. The company has developed particular strength in high-purity LNG production for aerospace applications, where molecular specifications and quality control requirements limit the number of qualified suppliers. However, the company's moat faces several challenges. Large energy companies with greater resources could potentially enter small-scale LNG markets if they become sufficiently attractive. Pipeline expansion could reduce demand for trucked LNG in some markets by providing customers with direct natural gas access. Alternative clean fuels including renewable natural gas, hydrogen, and battery electric solutions could displace LNG in certain applications over time. The marine bunkering market, while growing rapidly, remains relatively nascent and could attract well-funded competitors as it matures. The company's competitive position is strongest in markets requiring specialized handling, remote delivery, or high-purity products, but weakest in commodity industrial applications where price competition is intense and switching costs are low. Overall, Stabilis has built a respectable niche business with moderate competitive advantages, but lacks the overwhelming moat characteristics of truly dominant franchises.
Risks & safety
Stabilis Solutions presents a moderate margin of safety with solid financial fundamentals but some valuation concerns at current levels. • Strong liquidity position: $9.0 million cash with minimal debt ($9.3 million total debt), providing financial flexibility • Positive cash generation: Generated $13.7 million operating cash flow in 2024, though free cash flow was negative $3.4 million due to growth investments • Low leverage: Debt-to-equity ratio of 0.14, indicating conservative capital structure • Working capital adequate: Current ratio of 1.49 suggests ability to meet short-term obligations • Valuation metrics mixed: Trading at 8.2x EV/EBITDA on 2024 results, which appears reasonable for a growing niche business, though P/E ratio of 21.6x suggests growth expectations are built into current price • Small scale creates volatility risk: With only $73 million in annual revenue, the company remains vulnerable to customer concentration and market fluctuations • Capital intensity: Growth requires significant infrastructure investments, as evidenced by plans for $20-25 million additional liquefaction capacity • Market position: Leading position in specialized small-scale LNG markets provides some downside protection, though competitive threats remain • Cyclical exposure: Industrial and energy sector customers create earnings volatility during economic downturns
Recent development
Over the past several years, Stabilis Solutions has executed a significant strategic transformation from a traditional industrial LNG supplier into a diversified clean energy solutions provider targeting higher-growth, higher-margin markets. The company's most notable strategic pivot has been its aggressive expansion into marine bunkering, securing a multi-year contract with Carnival Corporation and developing what will become the first dedicated waterfront LNG bunkering facility on the U.S. Gulf Coast. Marine bunkering revenues grew over 500% in 2024, and management expects this segment to represent approximately one-third of total revenues going forward. The company is actively pursuing expansion into 6-7 different North American port geographies to capture the growing demand from cruise ships, container vessels, and tankers seeking cleaner fuel alternatives. Aerospace market development represents another major growth initiative, with the company becoming a leading supplier of high-purity LNG for rocket propellant applications. Aerospace revenues increased 147% in Q1 2025 and 35% for full-year 2024, driven by increasing commercial space launch activity and the company's ability to meet stringent molecular specification requirements that limit competition. The company has made substantial infrastructure investments to support growth, including relocating an LNG production train to their George West, Texas facility and expanding storage capacity from 270,000 to 630,000 gallons. Management is preparing to deploy additional liquefaction capacity requiring an estimated $20-25 million investment, contingent on securing long-term customer contracts. Emerging market exploration includes distributed power generation for data centers, AI facilities, and digital mining operations, where Stabilis can provide primary and backup power in locations with limited grid infrastructure. The company has also obtained a 28-year export license enabling LNG exports of up to 52 billion cubic feet annually, providing optionality for international expansion if domestic markets become saturated.
SLNG company profile · for informational purposes only — not investment advice.
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