Picture of Stabilis Solutions logo

SLNG — Stabilis Solutions News Story

0.000.00%
us flag iconLast trade - 00:00
EnergyAdventurousSmall CapNeutral

Stabilis Solutions Q3 revenue beats estimates

Overview

Stabilis Q3 revenue rose 15.3% yr/yr, beating analyst expectations

Adjusted EBITDA for Q3 beat estimates, driven by high-growth markets

Company progresses with Galveston LNG project, securing 10-year bunkering deal

Outlook

Stabilis plans to finalize Galveston LNG project financing in early 2026

Stabilis evaluating financing structures to minimize capital contribution

Result Drivers

HIGHER THROUGHPUT VOLUMES - Increased volumes in marine, aerospace, and power generation markets improved profitability, per Executive Chairman Casey Crenshaw

GALVESTON LNG EXPANSION - Co announced largest planned LNG liquefaction capacity expansion with new facility in Galveston, Texas

MARINE BUNKERING AGREEMENT - Co secured 10-year agreement with global marine operator for LNG supply at Port of Galveston

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeat$20.33 mln$16.80 mln (1 Analyst)
Q3 EPS$0.06
Q3 Net Income$1.12 mln
Q3 Adjusted EBITDABeat$2.90 mln$2.40 mln (1 Analyst)
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the oil & gas transportation services peer group is "buy" Wall Street's median 12-month price target for Stabilis Solutions Inc is $9.50, about 49.2% above its November 4 closing price of $4.83 Press Release: ID:nACSncQNba For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Stabilis Solutions

See all news