Streetbeat News

SLNG

Stabilis Solutions, Inc.

Industry

Oil & Gas Integrated

Stabilis Solutions, Inc., together with its subsidiaries, provides small-scale liquefied natural gas (LNG) production, distribution, and fueling services to various end markets in North America. It operates in two segments, LNG and Power Delivery. The company supplies LNG to the industrial, midstream, and oilfield sectors; and offers fuel solutions to industrial users of propane, diesel, and other crude-based fuel products, as well as provides cryogenic equipment rental and field services. It also provides electrical and instrumentation construction, and installation services; and builds electrical systems. The company serves aerospace, industrial, utilities and pipelines, mining, energy, commercial, and transportation markets. Stabilis Solutions, Inc. was founded in 2013 and is headquartered in Houston, Texas.

Open

5.67

Mkt cap

109M

Volume

8.9K

High

5.88

P/E Ratio

27.81

52-wk high

6.20

Low

5.43

Div yield

N/A

52-wk low

3.77

SLANG Worldwide Inc. has filed for bankruptcy under Canada's Bankruptcy and Insolvency Act. Its shares, currently halted, will be delisted from the CSE on December 2, 2024.

Portfolio Pulse from

December 02, 2024 | 5:45 pm

Stabilis Solutions, Inc. held its Q3 2024 earnings conference call on November 7, 2024. Key participants included Andy Puhala, the CFO, and Westy Ballard, the CEO. The call was attended by analysts from Johnson Rice, Sage Asset Management, and Tieton Capital Management.

Portfolio Pulse from

November 09, 2024 | 12:45 am

The cannabis sector is facing volatility, with the MSOS ETF dropping 15.24% due to a delay in cannabis rescheduling. Despite this, some penny stocks like Vext Science, C21 Investments, and iAnthus Capital Holdings show resilience. However, companies like TerrAscend, AYR Strategies, and MariMed face credit downgrades.

Portfolio Pulse from Nicolás Jose Rodriguez

August 29, 2024 | 9:17 pm

Stabilis Solutions (NASDAQ:SLNG) reported Q2 sales of $18.60 million, marking a 44.09% increase from $12.91 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:35 pm

SLANG Worldwide Inc. reported a 35% YoY drop in Q1 revenue, citing increased competition in core markets and a decline in the overall cannabis market in Colorado. However, the company saw improvements in its e-commerce segment and Vermont wholesale channel. Despite a decrease in gross profit and an adjusted EBITDA loss, SLANG reduced operating expenses and increased sales in new channels.

Portfolio Pulse from Nina Zdinjak

May 30, 2024 | 1:43 pm

Stabilis Solutions (NASDAQ:SLNG) reported a Q1 EPS of $0.08, up 33.33% from $0.06 YoY, but sales fell 26.35% to $19.77M from $26.84M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:27 pm

SLANG Worldwide Inc. (OTCQB:SLGWF) reported a 56% YoY decrease in Q4 total comprehensive loss and a 37% decrease in Q4 revenue. FY 2023 saw a 7% revenue decrease but a 34% decrease in total comprehensive loss. The company highlighted a strategic focus on profitable growth, resulting in higher margins and lower operating expenses. SLANG's shares dropped 5.8824% to $0.028 per share following the announcement.

Portfolio Pulse from Jelena Martinovic

April 12, 2024 | 5:31 pm

Stabilis Solutions (NASDAQ:SLNG) reported a significant increase in Q4 EPS to $0.08, up from $0.01 YoY, despite a 39% decrease in sales to $18.05M from $29.59M YoY.

Portfolio Pulse from mahesh@benzinga.com

March 06, 2024 | 10:15 pm

Numerous companies are scheduled to report their earnings on March 6, 2024, covering a wide range of industries from technology to retail. Notable mentions include JD.com with expected earnings of $0.63 per share on a revenue of $42.16 billion, and Abercrombie & Fitch forecasting $2.83 per share on $1.43 billion revenue. Other companies like Foot Locker, Thor Industries, and Campbell Soup are also set to report their earnings, alongside firms expected to report losses such as WAVE Life Sciences and EVgo.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 10:00 am

Stabilis Solutions (NASDAQ:SLNG) has been awarded a multi-year contract to provide LNG fuel for Carnival Corporation's (NYSE/LSE:CCL, NYSE:CUK) newest cruise ship, the Carnival Jubilee. The contract involves firm LNG deliveries from Stabilis' Texas facility over two years, with an option to extend for up to two more years. This partnership aligns with Carnival's goal to achieve net-zero carbon ship operations by 2050.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 12:08 pm

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