Stabilis Solutions(SLNG)

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Stabilis Solutions(SLNG) - 2023 Q2 - Earnings Call Transcript
2023-08-10 18:09
Stabilis Solutions, Inc. (NASDAQ:SLNG) Q2 2023 Earnings Conference Call August 10, 2023 9:00 AM ET Company Participants Andy Puhala – Senior Vice President and Chief Financial Officer Westy Ballard – President and Chief Executive Officer Conference Call Participants Martin Malloy – Johnson Rice Jeff Grampp – Alliance Global Partners Barry Haimes – Sage Asset Management Operator Welcome to Stabilis Solutions Second Quarter 2023 Earnings Conference Call. At this time all participants have been placed on a li ...
Stabilis Solutions(SLNG) - 2023 Q2 - Quarterly Report
2023-08-09 22:23
"Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2023 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number. 001-40364 STABILIS SOLUTIONS, INC. (Exact name of registrant as specified in its charter) Florida 59-3410234 (State or other jurisdic ...
Stabilis Solutions(SLNG) - 2023 Q1 - Earnings Call Transcript
2023-05-14 01:53
Stabilis Solutions, Inc. (NASDAQ:SLNG) Q1 2023 Earnings Conference Call May 11, 2023 10:00 AM ET Company Participants Westy Ballard – President and Chief Executive Officer Andy Puhala – Chief Financial Officer Conference Call Participants Martin Malloy – Johnson Rice Barry Haimes – Sage Asset Management Bill Dezellem – Tieton Capital Liam Burke – B. Riley Spencer Lehman – Private Investor Operator Good morning, ladies and gentlemen, and welcome to Stabilis Solutions First Quarter 2023 Earnings Conference Ca ...
Stabilis Solutions(SLNG) - 2023 Q1 - Quarterly Report
2023-05-10 20:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ FORM 10-Q ____________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2023 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number. 001-40364 STABILIS SOLUTIONS, INC. (Exact name of registrant as specified in its charter) _________________ ...
Stabilis Solutions(SLNG) - 2022 Q4 - Annual Report
2023-03-09 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-K ________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40364 Indicate by check mark whether the registrant has filed a report on and attestation to ...
Stabilis Solutions(SLNG) - 2022 Q4 - Earnings Call Transcript
2023-03-09 21:13
Stabilis Solutions, Inc. (NASDAQ:SLNG) Q4 2022 Results Conference Call March 9, 2023 10:00 AM ET Company Participants Westy Ballard - President and CEO Andy Puhala - CFO Conference Call Participants Martin Malloy - Johnson Rice Liam Burke - B. Riley Barry Haimes - Sage Asset Management Bill Dezellem - Tieton Capital Operator Good morning, ladies and gentlemen, and welcome to the Stabilis Solutions Fourth Quarter and Full Year 2022 Earnings Conference Call. Joining us today are Westy Ballard, President and C ...
Stabilis Solutions(SLNG) - 2022 Q3 - Earnings Call Transcript
2022-11-06 02:42
Stabilis Solutions, Inc. (NASDAQ:SLNG) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET Company Participants Westervelt Ballard - President, CEO & Director Andrew Puhala - SVP, CFO & Secretary Conference Call Participants Martin Malloy - Johnson Rice & Company Liam Burke - B. Riley Securities William Dezellem - Tieton Capital Management Barry Haimes - Sage Asset Management Operator Good morning, ladies and gentlemen, and welcome to Stabilis Solutions Third Quarter 2022 Earnings Conference Call. ...
Stabilis Solutions(SLNG) - 2022 Q2 - Earnings Call Transcript
2022-08-13 06:47
Financial Data and Key Metrics Changes - For Q2 2022, Stabilis reported revenues of $25.8 million, a 12% increase from $23 million in Q1 2022 and a 61% increase year-over-year [14] - The net loss for the quarter was $2.2 million, compared to a loss of $400,000 in Q1 2022 and $1 million in the year-ago quarter [15] - Adjusted EBITDA for the quarter was $1.6 million, down from $2 million in Q1 2022 but up from $500,000 in the year-ago quarter [18] Business Line Data and Key Metrics Changes - Revenues from the LNG segment were $23.2 million, up 14% from Q1 2022 and also up 61% year-over-year [14] - Revenues from the Power Delivery segment were $2.6 million, down 5% from Q1 2022 but 59% higher than the year-ago quarter [15] - Aerospace volumes in Q2 were 56% higher than Q1 and year-to-date volumes were almost double all of 2021 volumes, now accounting for approximately 10% of total revenue [6] Market Data and Key Metrics Changes - Increased volumes and higher natural gas prices were the main factors contributing to revenue strength [6] - Year-over-year, gallons of LNG delivered were up 14%, with higher commodity prices accounting for approximately $5.4 million of the revenue increase [14] Company Strategy and Development Direction - The company aims to be a leading catalyst for environmental transformation, leveraging LNG as a bridge fuel while expanding into alternative fuels like bio-fuels and hydrogen [4][5] - Stabilis is focused on quality growth catalysts such as aerospace, marine bunkering, and alternative fuels, aiming to capitalize on significant demand for cleaner solutions [8] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the need for continuous optimization of the core LNG business to improve profitability and manage costs effectively [23] - There is optimism regarding the expansion of marine LNG bunkering operations and the potential for incremental cash flow growth from new initiatives [11][22] Other Important Information - The company finished the quarter with total liquidity of $5.1 million, including cash and available capacity under its bank facility [18] - Management is committed to disciplined growth financing methods to maximize shareholder value [12] Q&A Session Summary Question: Thoughts on improving profitability in the LNG sector - Management believes there are many levers to pull for better consistency in takeaway capacity and managing large input costs [23] Question: Were new initiatives like aerospace and bunkering EBITDA positive in the quarter? - Management confirmed that these initiatives were EBITDA positive and expect continued growth as they scale [22]
Stabilis Solutions(SLNG) - 2022 Q2 - Quarterly Report
2022-08-11 20:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ FORM 10-Q ____________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) ____________________ Florida 59-3410234 (State or other jurisdiction of incorporation or organization) For the Quarterly Period Ended June 30, 2022 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the ...
Stabilis Solutions(SLNG) - 2022 Q1 - Earnings Call Transcript
2022-05-08 16:02
Stabilis Solutions, Inc. (NASDAQ:SLNG) Q1 2022 Earnings Conference Call May 5, 2022 10:00 AM ET Company Participants Westy Ballard - President and Chief Executive Officer Andy Puhala - Chief Financial Officer Conference Call Participants Matt Dhane - Tieton Operator Good morning, ladies and gentlemen and welcome to the Stabilis Solutions First Quarter 2022 Earnings Conference Call. Joining us today are Westy Ballard, President and CEO; and Andy Puhala, Chief Financial Officer. Before we begin, I’d like to r ...