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
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $20.33 mln | $16.80 mln (1 Analyst) |
Q3 EPS | $0.06 | ||
Q3 Net Income | $1.12 mln | ||
Q3 Adjusted EBITDA | Beat | $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
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(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.)