Stabilis Energy to Exhibit at Gastech 2019 – Visit Booth Q-160

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HOUSTON, TX (September 16, 2019) – Stabilis Energy, Inc. (NASDAQ: SLNG) (“Stabilis”) will be featured at booth Q-160 at this week’s Gastech Exhibition & Conference at NRG Center in Houston, Texas, to discuss its small-scale liquefied natural gas (“LNG”) production and distribution services across North America.

Visit us booth Q-160 at Gastech 2019 from September 17-19, 2019.

About Stabilis Energy

Stabilis Energy, Inc. is a vertically integrated provider of distributed liquefied natural gas production, distribution and fueling services to multiple end markets in North America. We have safely delivered over 200 million gallons of LNG through more than 20,000 truck deliveries during our 15-year operating history, which we believe makes us one of the largest and most experienced small-scale LNG providers in North America. We provide LNG to customers in diverse end markets, including the industrial, energy, mining, utility, pipeline, commercial, and high horsepower transportation markets. Our customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions. Our customers also use LNG as a “virtual pipeline” solution when natural gas pipelines are not available or are curtailed. To learn more, visit www.stabilisenergy.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ materially from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “anticipate”, “can”, “believe,” “expects,” “could,” “will,” “plan,” “may,” “should,” “predicts,” “potential” and similar expressions are intended to identify such forward-looking statements. For information concerning these and other risks related to our business, you should refer to our filings with the SEC.

Stabilis not does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Stabilis Contact:
Andrew Puhala
Chief Financial Officer
832-456-6500
ir@stabilisenergy.com

Stabilis Energy Announces of Registration Statement for Resale of Shares Issued in Previously Announced Transactions

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HOUSTON, TX (September 11, 2019) – Stabilis Energy, Inc. (NASDAQ: SLNG) (“Stabilis”) today announced that is has filed a Registration Statement on Form S-1 with the Securities and Exchange Commission (“SEC”) for resale of shares of common stock issued in previously announced transactions. The Registration Statement has not yet become effective.

Stabilis is not selling any shares and will not receive any proceeds from the resale of shares pursuant to the Registration Statement, which covers 2,769,787 shares issued in the Chart Industries, Inc., Diversenergy, LLC and American Electric Technologies, Inc. transactions which were previously announced. There is no obligation on the holders of the shares to sell them.

Stabilis believes that registering these shares will increase its publicly traded float and unrestricted shares outstanding and could thereby facilitate its ability to meet its Nasdaq listing requirements.

A copy of the filed Registration Statement can be viewed on the SEC website, www.sec.gov, or can be obtained by written request to Stabilis at 10375 Richmond Avenue, Suite 700, Houston, TX 77042, Attention: Investor Relations.

These shares may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these shares in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state.

About Stabilis Energy

Stabilis Energy, Inc. is a vertically integrated provider of distributed liquefied natural gas (“LNG”) production, distribution and fueling services to multiple end markets in North America. We have safely delivered over 200 million gallons of LNG through more than 20,000 truck deliveries during our 15-year operating history, which we believe makes us one of the largest and most experienced small-scale LNG providers in North America. We provide LNG to customers in diverse end markets, including the industrial, energy, mining, utility, pipeline, commercial, and high horsepower transportation markets. Our customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions. Our customers also use LNG as a “virtual pipeline” solution when natural gas pipelines are not available or are curtailed. To learn more, visit www.stabilisenergy.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ materially from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “anticipate”, “can”, “believe,” “expects,” “could,” “will,” “plan,” “may,” “should,” “predicts,” “potential” and similar expressions are intended to identify such forward-looking statements. For information concerning these and other risks related to our business, you should refer to our filings with the SEC.

Stabilis not does undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Stabilis Contact:

Andrew Puhala
Chief Financial Officer
832-456-6500
ir@stabilisenergy.com

Stabilis Energy Announces Closing of Previously Announced Strategic Investment from Chart Industries Transaction

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HOUSTON, TX (September 6, 2019) – Stabilis Energy, Inc. (NASDAQ: SLNG) (“Stabilis”) today announced that is has closed its previously announced transaction with Chart Industries, Inc. (“Chart”) on Friday, August 30, 2019.

“We welcome Chart as a new shareholder and appreciate Chart’s confidence in Stabilis and the small-scale LNG market,” commented James Reddinger, President and Chief Executive Officer of Stabilis. “We anticipate that the transaction will increase our publicly traded float and total shares outstanding and will thereby facilitate our ability to meet our Nasdaq listing requirements. The transaction also will reduce our financial leverage and give us a stronger balance sheet to support our growth plans.”

Stabilis and Chart together built a 100,000 LNG gallon per day liquefier in Texas, with the intended purpose to service multiple end markets, including energy, industrial, mining, and Mexican exports. Chart supplied the liquefaction train, storage, gas pre-treatment, and truck loading facilities.

“We are pleased to complete this strategic investment in Stabilis Energy,” said Jill Evanko, Chief Executive Officer of Chart. “We look forward to providing equipment and process to Stabilis and other customers as they expand in the small-scale and utility-scale LNG market. We expect over $650 million of opportunity in this market for our products in the next three years.”

At closing, Chart exchanged $7.0 million of indebtedness of Stabilis LNG Eagle Ford LLC, a subsidiary of Stabilis, for 1,470,807 newly issued shares in Stabilis common stock. As a result of the transaction, Chart Industries owns 8.75% of the outstanding common shares of Stabilis.

About Stabilis Energy

Stabilis Energy, Inc. is a vertically integrated provider of distributed liquefied natural gas (“LNG”) production, distribution and fueling services to multiple end markets in North America. We have safely delivered over 200 million gallons of LNG through more than 20,000 truck deliveries during our 15-year operating history, which we believe makes us one of the largest and most experienced small-scale LNG providers in North America. We provide LNG to customers in diverse end markets, including the industrial, energy, mining, utility, pipeline, commercial, and high horsepower transportation markets. Our customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions. Our customers also use LNG as a “virtual pipeline” solution when natural gas pipelines are not available or are curtailed. To learn more, visit www.stabilisenergy.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ materially from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “anticipate”, “can”, “believes,” “expects,” “could,” “will,” “plan,” “may,” “should,” “predicts,” “potential” and similar expressions are intended to identify such forward-looking statements.

Such forward-looking statements relate to future events or future performance, but reflect the parties’ current beliefs, based on information currently available. Most of these factors are outside the parties’ control and are difficult to predict. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Factors that may cause such differences include, among other things: the future performance of Stabilis, future demand for and price of LNG, availability and price of natural gas, compliance with environmental and other regulations, the availability and cost of capital, unexpected costs, and general economic conditions.

The foregoing list of factors is not exclusive. Additional information concerning these and other risk factors are contained in the definitive proxy statement filed by Stabilis Energy with the SEC on June 13, 2019. All subsequent written and oral forward-looking statements concerning Stabilis, or other matters and attributable to Stabilis, or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Stabilis does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Stabilis Contact:
Andrew Puhala
Chief Financial Officer
832-456-6500
ir@stabilisenergy.com

SEA\LNG GROWS US NETWORK WITH STABILIS ENERGY

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LONDON, 27th AUGUST 2019: SEA\LNG, the multi-sector industry coalition accelerating the widespread adoption of liquefied natural gas (LNG) as a marine fuel, has today expanded its membership network in the United States as it welcomes Houston-based Stabilis Energy.

Peter Keller, Chairman, SEA\LNG, commented: “Welcoming Stabilis Energy as a new member demonstrates SEA\LNG’s continued commitment within the ever expanding North American LNG market. LNG is growing in importance in both the energy and marine bunkering markets. Stabilis operates at the forefront of this expansion.”

Stabilis Energy provides small-scale LNG production, distribution and fuelling services to multiple end markets in North America. It owns and operates a liquefaction and storage facility in George West, Texas, as well as a fleet of over 150 pieces of cryogenic rolling stock equipment throughout North America. Stabilis supplies LNG for use in the industrial, mining, energy, utility, pipeline, and transportation end markets, as well as marine bunkering services.

Jim Reddinger, President and Chief Executive Officer at Stabilis Energy said: “LNG is an increasingly important part of the marine bunkering infrastructure throughout North America and across the globe. We specialise in producing LNG and delivering it to its last port of call, as it were, where it is ready for transfer to ocean-going vessels. As members of SEA\LNG we look forward to supporting this integral part of the growing LNG bunkering network throughout North America and beyond.”

To help fund growth plans and operating presence, as well as investments in LNG production and distribution, Stabilis has recently completed a number of initiatives, including a public listing on the Nasdaq stock exchange (ticker symbol: SLNG), investment from Chart Industries, a leading global supplier of LNG production and distribution equipment, and two strategic transactions in Mexico.

Peter Keller continued: “Communication and collaboration across the LNG value chain is essential to breaking down barriers to the adoption of LNG as an important and economically viable marine fuel. It is encouraging to see Stabilis Energy engaging with its partners to strengthen the small-scale LNG network. We look forward to working with them to expand LNG bunkering infrastructure in the Americas.”

SEA\LNG brings together key players in the marine value chain, including shipping companies, classification societies, ports, major LNG suppliers, LNG bunkering companies, infrastructure providers and OEMs (original equipment manufacturers), advocating for cooperation and knowledge-sharing to build confidence in LNG as a commercially viable and environmentally sound marine fuel for 2020 and beyond.

Through collaboration with its members, independent consultants and academic experts, SEA\LNG has produced verified studies detailing the significant economic and environmental benefits of LNG as a marine fuel. The Life Cycle GHG Emissions Study demonstrates carbon emissions reductions of up to 21% with LNG compared to current oil-based marine fuels across the entire life cycle from Well-to-Wake (WtW).

Meanwhile, SEA\LNG’s two investment case studies clearly indicate that LNG delivers the best return on investment on a net present value (NPV) basis over a conservative 10-year horizon for both a containership on an Asia – US West Coast trade, and PCTC vessels on the Atlantic and Pacific trades.

About SEA\LNG

SEA\LNG is a UK-registered not for profit collaborative industry foundation serving the needs of its member organisations committed to furthering the use of LNG as an important, environmentally superior maritime fuel.

SEA\LNG has members across the entire LNG value chain including providers of the product, users, engine and asset suppliers, and class societies. SEA\LNG is already recognised as an International leader in LNG matters. Each member organisation commits mutually agreed human resources, data analysis and knowledge sharing in support of SEA\LNG initiatives and activities and financially contributes via a membership fee. SEA\LNG is guided by a board, which is led by chairman Peter Keller, who was elected as Founding Chairman in 2016.

SEA\LNG’s members include: ABS, Carnival Corporation & plc, Clean Marine Energy, DNV GL, Eagle LNG Partners, ÉNESTAS, Exeno Yamamizu, Fearnleys, Gasum AS, GE, GTT, JAX LNG, Keppel Gas Technology, “K” LINE Group, Lloyd’s Register, MAN Energy Solutions, Maritime and Port Authority of Singapore (MPA), Marubeni Corporation, Mitsubishi Corporation, Mitsui & Co., Ltd., Naturgy, Novatek Gas & Power, NYK Line, Port of Rotterdam, Port of Virginia, Qatargas, Shell, Société Générale, Stabilis Energy, Sumitomo Corporation, Total, TOTE Inc., Toyota Tsusho, Uyeno Group of Companies, Vancouver Fraser Port Authority, Wärtsilä, and Yokohama-Kawasaki International Port Corporation (YKIP).

About Stabilis Energy

Stabilis Energy, Inc. is a vertically integrated provider of small-scale liquefied natural gas (“LNG”) production, distribution and fueling services to multiple end markets in North America.  Stabilis has safely delivered over 200 million gallons of LNG through more than 20,000 truck deliveries during its 15-year operating history in the LNG industry, which it believes makes it one of the largest and most experienced small-scale LNG providers in North America.  Stabilis’ customers use LNG as a fuel source in a variety of applications in the industrial, energy, mining, utilities and pipelines, commercial, and high horsepower transportation markets (including marine). Stabilis’ customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions.  Stabilis’ customers also use LNG as a “virtual pipeline” solution when natural gas pipelines are not available or volumes are curtailed.  To learn more, visit www.stabilisenergy.com.

SEA\LNG enquiries
Diane Parlapiano
BLUE Communications
T: +44 7523 115891
diane@blue-comms.com

Stabilis enquiries
Andrew Puhala
Chief Financial Officer
T: +1 832 456 6500
andy.puhala@stabilisenergy.com

Stabilis Energy Announces Two Strategic Transactions to Enhance its Distributed LNG and CNG Capabilities in Mexico

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Acquires Diversenergy to Establish Local LNG Operating Company 

Forms Joint Venture with Grupo CLISA to Invest in LNG and CNG Assets 

HOUSTON, TX (August 21, 2019)Stabilis Energy, Inc. (NASDAQ: SLNG) (“Stabilis”) today announced two strategic transactions that will expand its presence in the distributed liquefied natural gas (“LNG”) and compressed natural gas (“CNG”) markets in Mexico.  Stabilis has completed the acquisition of privately held Diversenergy, LLC (“Diversenergy”) and its subsidiaries to create one of the leading distributed LNG marketing and distribution companies in Mexico.  In addition, Stabilis has completed the formation of a joint venture (the “Joint Venture”) with Grupo CLISA and other former owners of Diversenergy to pursue investments in LNG and CNG assets in Mexico.   

Diversenergy Acquisition 

As one of the leading providers of LNG marketing and distribution services in Mexico, Diversenergy provides LNG to customers that use LNG as a fuel in mobile high horsepower applications and to customers that do not have natural gas pipeline access.  As a result of the acquisition, Diversenergy and its Mexican subsidiary have become wholly owned subsidiaries of Stabilis.  The transaction was structured as an equity purchase with Diversenergy’s owners receiving cash and Stabilis common stock consideration.  Financial terms of the transaction were not disclosed.  Lee Kellough, former CEO of Diversenergy, will serve as President of Stabilis’ Mexican subsidiary (Diversenergy S.A.P.I. de C.V.) and Senior Vice President of Stabilis.  

“Stabilis is pleased to announce the acquisition of Diversenergy,” said Jim Reddinger, President and Chief Executive Officer of Stabilis.  “We see significant growth opportunities in the large and expanding market for LNG and CNG fuel in Mexico.  We welcome Diversenergy to the Stabilis team and look forward to working together to bring clean, low cost, and abundant natural gas to our customers in Mexico.”   

Lee Kellough added, “We are confident that this transaction creates a solid platform for Stabilis to become a leader in the LNG and CNG markets in Mexico.  We believe that we have the right combination of people, equipment, and relationships to capitalize on the substantial growth opportunities we see throughout Mexico.” 

Joint Venture Formed for Investment in LNG and CNG Assets in Mexico 

In addition, Stabilis has formed a joint venture with CryoMex Investment Group LLC (“CryoMex”) to pursue investments in distributed natural gas production and distribution assets in Mexico.  CryoMex is led by Grupo CLISA, a Monterrey, Mexico-based developer and operator of businesses in multiple end markets including energy.   

The Joint Venture, operating as Energía Superior Gas Natural LLC, plans to invest in LNG and CNG production, transportation, storage, and regasification assets that serve multiple end markets throughout Mexico, including the industrial, mining, pipeline, utility, marine, and over-the-road transportation markets.   

“Stabilis couldn’t ask for better partners than Grupo CLISA,” said Jim Reddinger.  “Their existing partnerships with international companies to build and operate assets in Mexico demonstrate their ability to execute effectively and with integrity.  We look forward to building a great distributed natural gas business in Mexico with our new partners.” 

Gerardo Cavazos, Chief Executive Officer of Grupo CLISA added, “We share Stabilis’ view that there is vast potential for distributed natural gas solutions throughout Mexico and we believe that together we will be able to help build that market.” 

The Joint Venture plans to begin immediately evaluating LNG and CNG asset development opportunities throughout Mexico, including in the Monterrey, Sonora, and Mexico City regions.  These assets could include LNG liquefaction facilities, cryogenic rolling stock equipment, CNG compression stations, and pressurized rolling stock equipment, among others. 

Thompson & Knight LLP acted as legal advisor to Stabilis.  Jones Day LLP acted as legal advisor to Diversenergy and its owners. 

Investor Call 

Stabilis has scheduled an investor update call on Thursday August 22, 2018 at 9:30 a.m. Eastern Time to discuss this transaction.  Individuals in the United States and Canada who wish to participate in the conference call should dial +1 844-602-0380.  International callers should dial +1 862-298-0970.   

A replay of the investor update call will be available until August 29, 2019.  Individuals in the United States and Canada who wish to listen to the replay should dial +1 877-481-4010; passcode 53456.  International callers should dial +1 919-882-2331; passcode 53456. 

A replay of the call also will be available on the Stabilis website (www.stabilisenergy.com). 

About Stabilis Energy 

Stabilis Energy, Inc. is a vertically integrated provider of distributed liquefied natural gas (“LNG”) production, distribution and fueling services to multiple end markets in North America.  We have safely delivered over 200 million gallons of LNG through more than 20,000 truck deliveries during our 15-year operating history, which we believe makes us one of the largest and most experienced small-scale LNG providers in North America.  We provide LNG to customers in diverse end markets, including the industrial, energy, mining, utility, pipeline, commercial, and high horsepower transportation markets. Our customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions.  Our customers also use LNG as a “virtual pipeline” solution when natural gas pipelines are not available or are curtailed.  To learn more, visit www.stabilisenergy.com. 

About Grupo CLISA 

A Mexican business group established more than 25 years ago, Grupo CLISA has extensive experience in the energy sector, notably the Nueva Era Pipeline along with the importing and marketing of natural gas, electricity, thermal coal and petroleum coke. The group has four divisions: Energy, Logistics, Commerce and Services and Real Estate. Throughout the company’s history, Grupo CLISA has established important partnerships with prestigious world-class companies in the energy industry that have enabled it to gain solid global experience. To learn more, visitwww.clisa.com

About Diversenergy 

Diversenergy LLC specializes in virtual liquefied natural gas distribution systems in the United States and Mexico.  The Company’s Mexican subsidiary (Diversenergy S.A.P.I. de C.V.) has been recognized as a leading expert for the importation and commercialization of liquefied natural gas into Mexico since 2015.  Diversenergy is capable of providing LNG for a variety of applications related to high horsepower diesel engines used in transportation, fleet vehicles, stationary generators, industrial boilers, and drilling operations.  Diversenergy’s goal is to provide a complete energy solution to its customers for their operational needs where the traditional natural gas pipeline infrastructure is unavailable. 

Forward-Looking Statements 

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended.  Any actual results may differ materially from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events.  Words such as “can”, “believes,” “expects,” “could,” “will,” “plan,” “may,” “should,” “predicts,” “potential” and similar expressions are intended to identify such forward-looking statements.  

Such forward-looking statements relate to future events or future performance, but reflect the parties’ current beliefs, based on information currently available. Most of these factors are outside the parties’ control and are difficult to predict. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements.  Factors that may cause such differences include, among other things: the future performance of Stabilis, future demand for and price of LNG, availability and price of natural gas, compliance with environmental and other regulations, the availability and cost of capital, unexpected costs, and general economic conditions. 

The foregoing list of factors is not exclusive.  Additional information concerning these and other risk factors are contained in the definitive proxy statement filed by Stabilis Energy with the SEC on June 13, 2019.  All subsequent written and oral forward-looking statements concerning Stabilis, or other matters and attributable to Stabilis, or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above.  Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.  

Stabilis does undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.  

Stabilis Contact: 

Andrew Puhala 
Chief Financial Officer 
832-456-6500 
ir@stabilisenergy.com 

STABILIS ENERGY ANNOUNCES SECOND QUARTER 2019 RESULTS

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Strong Revenue and EBITDA Growth in Stabilis LNG Business;
10-Q Filing Only Contains Legacy AETI Results

Houston, Texas, August 14, 2019 — Stabilis Energy, Inc., (“Stabilis”) (NASDAQ: SLNG) today reported its financial results for its 2nd quarter ended June 30, 2019 (“current quarter”). Due to the timing of the Share Exchange Transaction (“the Transaction”) with American Electric Technologies, Inc. (“AETI”) that closed on July 26, 2019, the financial results contained in the Company’s Form 10-Q for the period ended June 30, 2019 reflect the legacy AETI results and do not contain results from Stabilis’ liquefied natural gas (“LNG”) business. Subsequent quarterly and annual filings will include the financial results of the combined business. This press release contains results of the LNG business that are not included in the Company’s Form 10-Q filed on August 14, 2019.

Stabilis LNG Three Month Results for the Period Ending June 30, 2019

Stabilis reported LNG revenues of $11.1 million, an increase of 28% compared to the quarter ended June 30, 2018 (“prior year quarter”) driven by increased customer volumes and improved pricing in LNG product sales as well as rental, service, and other revenues. LNG product sales were driven by increased volumes at our George West, Texas liquefier. Utilization of the George West liquefier averaged 76% in the current quarter versus 42% in the prior year quarter driven by increased demand by customers in the industrial and energy sectors, as well as strong exports to Mexico. Growth in rental, service, and other revenue was driven by customers in the pipeline, utilities, industrial, and energy sectors.

Earnings before interest, taxes, depreciation and amortization (“EBITDA”) was $1.6 million in the current quarter vs. an EBITDA loss of $0.1 million in the prior year quarter, a year-over-year improvement of $1.7 million

Net loss for the current quarter was $1.0 million compared to a net loss of $3.4 million in the prior year quarter, a year-over-year improvement of $2.4 million.

Stabilis LNG Six Month Results for the Period Ending June 30, 2019

For the first six months of 2019, the Stabilis LNG business reported revenues of $24.1 million, an increase of 30% compared to the first six months of 2018. EBITDA for the first six months of 2019 was $3.6 million, a $1.9 million or 109% improvement from the same period in 2018. Net loss for the first six months was $1.6 million compared to a net loss of $4.9 million for the same period last year, an improvement of $3.3 million.

“We are pleased with the year-on-year growth of the business,” said Jim Reddinger, President and Chief Executive Officer of Stabilis Energy, Inc. “We are seeing strong demand for LNG fueling solutions across all of our targeted end markets in 2019 and we expect this positive momentum to continue throughout 2019. LNG offers the reliable, low cost, and low environmental emissions solutions that many of our customers require today. We look forward to updating the market on our progress as we report financial results for the consolidated business going forward.”

Non-GAAP Measures

Our management uses EBITDA to assess the performance and operating results of our business. EBITDA is defined as Earnings before Interest (includes interest income and interest expense), Taxes, Depreciation and Amortization. We include EBITDA to provide investors with a supplemental measure of our operating performance. EBITDA is not a recognized term under generally accepted accounting principles in the U.S. (“GAAP”). Accordingly, it should not be used as an indicator of, or an alternative to, net income as a measure of operating performance. In addition, EBITDA is not intended to be a measure of free cash flow available for management’s discretionary use, as it does not consider certain cash requirements, such as debt service requirements. Because the definition of EBITDA may vary among companies and industries, it may not be comparable to other similarly titled measures used by other companies. The following table provides a reconciliation of Net Loss, the most directly comparable GAAP measure, to EBITDA (in thousands).

The above results represent Stabilis’ standalone operations and do not include the financial results for American Electric Technologies that Stabilis acquired in the Transaction which closed subsequent to the end of the 2nd quarter.  As a result of the Transaction, the quarterly report on Form 10-Q filed by Stabilis for the period ended June 30, 2019 on August 14, 2019, includes only the historical results of American Electric Technologies, Inc. as the legal acquirer in the Transaction.   

Conference Call

Management will conduct a conference call on Thursday, August 15, 2019 at 10:00 a.m. eastern time (9:00 a.m. central).  To participate in the call, dial 844-407-9500 for domestic callers, or 862-298-0850 for international callers, at least 10 minutes before the call.  A telephonic replay of the call will be available until August 22, 2019 by dialing 877-481-4010 and using the passcode 53278.  A webcast archive will be available shortly after the call at www.stabilisenergy.com.

About Stabilis

Stabilis Energy, Inc. is a vertically integrated provider of small-scale liquefied natural gas (“LNG”) production, distribution and fueling services to multiple end markets in North America.  Stabilis has safely delivered over 200 million gallons of LNG through more than 20,000 truck deliveries during its 15-year operating history in the LNG industry, which it believes makes it one of the largest and most experienced small-scale LNG providers in North America.  Stabilis’ customers use LNG as a fuel source in a variety of applications in the industrial, energy, mining, utilities and pipelines, commercial, and high horsepower transportation markets. Stabilis’ customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions.  Stabilis’ customers also use LNG as a “virtual pipeline” solution when natural gas pipelines are not available or volumes are curtailed.  To learn more, visit www.stabilisenergy.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “can”, “believes,” “expects,” “could,” “will,” “plan,” “may,” “should,” “predicts,” “potential” and similar expressions are intended to identify such forward-looking statements.

Such forward-looking statements relate to future events or future performance, but reflect the parties’ current beliefs, based on information currently available. Most of these factors are outside the parties’ control and are difficult to predict. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Factors that may cause such differences include, among other things: the future performance of Stabilis, future demand for and price of LNG, availability and price of natural gas, unexpected costs, and general economic conditions.

The foregoing list of factors is not exclusive. Additional information concerning these and other risk factors are contained in the definitive proxy statement filed by AETI with the SEC on June 13, 2019 and its Annual Report on Form 10-K for the year ended December 31, 2018, filed with the SEC on April 16, 2019. All subsequent written and oral forward-looking statements concerning Stabilis, or other matters and attributable to Stabilis, or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Stabilis does undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Investor Contact:

Andrew Puhala
Chief Financial Officer
832-456-6500
ir@stabilisenergy.com

STABILIS ENERGY ANNOUCES SECOND QUARTER EARNINGS CALL

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HOUSTON, TX / ACCESSWIRE / August 13, 2019 / Stabilis Energy, Inc., (NASDAQ:SLNG), today announced that it will release second quarter 2019 results on Wednesday, August 14, 2019 after the market closes. In conjunction with the release, Stabilis Energy has scheduled a conference call on Thursday, August 15, 2019 at 10:00 a.m. eastern time (9:00 a.m. central). To participate in the call, dial 844-407-9500 for domestic callers, or 862-298-0850 for international callers, at least 10 minutes before the call. A telephonic replay of the call will be available until August 22, 2019 by dialing 877-481-4010 and using the passcode 53278. A webcast archive will be available shortly after the call at www.stabilisenergy.com.

About Stabilis

Stabilis Energy, Inc. is a vertically integrated provider of small-scale liquefied natural gas (“LNG”) production, distribution and fueling services to multiple end markets in North America. Stabilis has safely delivered over 200 million gallons of LNG through more than 20,000 truck deliveries during its 15-year operating history in the LNG industry, which it believes makes it one of the largest and most experienced small-scale LNG providers in North America. Stabilis’ customers use LNG as a fuel source in a variety of applications in the industrial, energy, mining, utilities and pipelines, commercial, and high horsepower transportation markets. Stabilis’ customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions. Stabilis’ customers also use LNG as a “virtual pipeline” solution when natural gas pipelines are not available, or volumes are curtailed. To learn more, visit www.stabilisenergy.com.

Investor Contact
Andrew L. Puhala,
Chief Financial Officer
Stabilis Energy, Inc.
832-456-6500

Chart Industries and Stabilis Energy Invest in Small-Scale LNG North American Growth

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Atlanta, GA | August 5, 2019 | Chart Industries, Inc. (“Chart”) (Nasdaq: GTLS) announced a strategic investment in Stabilis Energy, Inc. (NASDAQ: SLNG) (“Stabilis”) of up to $7 million for up to 9% of common equity.  The transaction is scheduled to close within the next thirty days subject to both parties meeting certain closing conditions.  The actual investment and ownership will be determined by an agreed upon formula at closing. 

Small-scale LNG is a key aspect of the global LNG infrastructure buildout, as these smaller liquefaction plants serve specific uses such as marine bunkering, fuel for over the road transport, gas-LDC peak storage and power generation.  Stabilis and Chart together built a 100,000 LNG gallon per day liquefier in Texas, with the intended purpose to service multiple end markets, including energy, industrial, mining, and Mexican exports.  Chart supplied the liquefaction train, storage, gas pre-treatment, and truck loading facilities, which contributed to the record production levels of the plant.  

“We are pleased to announce this strategic investment in Stabilis Energy,” said Jill Evanko, Chief Executive Officer of Chart.  “We look forward to providing equipment and process to Stabilis and other customers as they expand in the small-scale and utility-scale LNG market.  We expect over $650 million of opportunity in this market for our products in the next three years.” 

“Stabilis welcomes Chart Industries as a shareholder,” commented James Reddinger, President and Chief Executive Officer of Stabilis.  “As a global market leader in LNG production equipment and process systems, we appreciate Chart’s confidence in us.  This transaction better positions Stabilis to pursue our North American small-scale LNG growth strategy, which is currently focused on plant development opportunities in the United States and Mexico.”   

Reddinger continued, “Chart’s investment will increase our publicly traded float and total shares outstanding, thereby helping Stabilis meet its NASDAQ listing requirements.  Furthermore, the investment will reduce our financial leverage and give us a stronger balance sheet to support our growth plans.” 

Stabilis completed a share exchange transaction with American Electric Technologies, Inc. on July 26, 2019 and subsequently commenced trading on the Nasdaq Capital Market under the ticker symbol “SLNG” on July 29, 2019.   

Chart Industries and Stabilis Energy will hold a joint conference call at 1:30pm eastern time tomorrow, August 6, 2019.  Participants may join the call by using the toll-free dial-in number of 877-312-9395, or internationally 970-315-0456.  The conference ID is 1987854. 

About Chart Industries 

Chart Industries, Inc. is a leading independent global manufacturer of highly engineered equipment servicing multiple market applications in Energy and Industrial Gas. Chart’s unique product portfolio is used throughout the liquid gas supply chain in the production, storage, distribution and end-use of atmospheric, hydrocarbon, and industrial gases. Chart has domestic operations located across the United States and an international presence in Asia, Australia, Europe and Latin America. To learn more, visit www.chartindustries.com

About Stabilis Energy 

Stabilis Energy, Inc. is a vertically integrated provider of small-scale liquefied natural gas (“LNG”) production, distribution and fueling services to multiple end markets in North America.  Stabilis has safely delivered over 200 million gallons of LNG through more than 20,000 truck deliveries during its 15-year operating history in the LNG industry, which it believes makes it one of the largest and most experienced small-scale LNG providers in North America.  Stabilis’ customers use LNG as a fuel source in a variety of applications in the industrial, energy, mining, utilities and pipelines, commercial, and high horsepower transportation markets. Stabilis’ customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions.  Stabilis’ customers also use LNG as a “virtual pipeline” solution when natural gas pipelines are not available or volumes are curtailed.  To learn more, visit www.stabilisenergy.com. 

Investor Contacts – Chart Industries: 

Tom Pittet 
Vice President, Investor Relations 
678-596-0982 

thomas.pittet@chartindustries.com 

Investor Contacts – Stabilis Energy: 

Andrew Puhala 

Chief Financial Officer 

832-456-6500 

andy.puhala@stabilisenergy.com 

Certain statements made in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements include statements concerning the Company’s business plans, products and technology, cost synergies and efficiency savings, objectives, future orders, product demand and customer requirements, revenues, margins, earnings or performance, liquidity and cash flow, capital expenditures, business and industry trends, project status and other information that is not historical in nature.  Forward-looking statements may be identified by terminology such as “may,” “will,” “should,” “could,” “expects,” “anticipates,” “believes,” “projects,” “forecasts,” “outlook,” “guidance,” “continue,” or the negative of such terms or comparable terminology. 

Forward-looking statements contained in this news release or in other statements made by the Company are made based on management’s expectations and beliefs concerning future events impacting the Company and are subject to uncertainties and factors relating to the Company’s operations and business environment, all of which are difficult to predict and many of which are beyond the Company’s control, that could cause the Company’s actual results to differ materially from those matters expressed or implied by forward-looking statements.  Factors that could cause the Company’s actual results to differ materially from those described in the forward-looking statements include those found in Item 1A (Risk Factors) in the Company’s most recent Annual Report on Form 10-K filed with the SEC, which should be reviewed carefully.  The Company undertakes no obligation to update or revise any forward-looking statement.  

American Electric Technologies Completes Share Exchange with Stabilis Energy

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Shares to Commence Trading on the Nasdaq Capital Market on Monday, July 29, 2019 Under the Name Stabilis Energy, Inc. and the Symbol “SLNG”; Shares Outstanding Will Reflect 1:8 Reverse Stock Split

Houston, Texas, July 29, 2019 — Stabilis Energy, Inc. (“Stabilis”) f/k/a American Electric Technologies, Inc. (“American Electric” or “AETI”) today announced that the share exchange transaction (the “Transaction”) with Stabilis Energy LLC and its subsidiaries was completed on July 26, 2019. The Transaction and its related proposals, including a company name change and a reverse stock split, were approved by American Electric’s stockholders at a Special Meeting of Stockholders on July 17, 2019. As of today, the company will operate under the name Stabilis Energy, Inc. and its common stock will commence trading on the Nasdaq Capital Market under the ticker symbol “SLNG”. In addition, the company’s shares outstanding will reflect a one-for-eight reverse split.

“Stabilis is pleased to complete this transaction with AETI,” commented James Reddinger, President and Chief Executive Officer of Stabilis. “We believe that this transaction positions Stabilis to become a leading North American small-scale LNG production and distribution company. We will focus on consolidating existing LNG assets, as well as investing in new assets in the United States, Mexico, and Canada. We look forward to providing great LNG solutions to our customers and creating value for our shareholders.”

As a result of the reverse stock split, every eight shares of American Electric common stock outstanding immediately prior to the reverse stock split was combined into one share of Stabilis Energy, Inc. common stock. No fractional shares are being issued in connection with the reverse stock split. In lieu of fractional shares, cash will be issued based on the closing price of American Electric common stock on the Nasdaq Capital Market on July 26, 2019.

As a result of the completion of the share exchange, the former holders of Stabilis Energy LLC and its subsidiaries own 90% of the combined company and the former American Electric stockholders own 10% of the combined company. Approximately 14,645,917 shares of Stabilis Energy, Inc. common stock are issued and outstanding as a result of the completion of the share exchange and reverse stock split. The new CUSIP number is 85236P 101.

Stabilis Energy, Inc. operates under the leadership of James Reddinger as President and Chief Executive Officer and Andrew Puhala as Chief Financial Officer. Casey Crenshaw serves as the Executive Chairman. The board of directors is comprised of nine members, including: Casey Crenshaw (Chairman), James Reddinger, James Aivalis, Will Crenshaw, Ben Broussard, Arthur Dauber, Mushahid Khan, Edward Kuntz and Peter Mitchell. Messrs. Khan, Kuntz and Mitchell are independent directors and will constitute the Audit Committee.

Simmons Energy, a division of Piper Jaffray & Co., acted as transaction advisor and Thompson & Knight LLP acted as legal advisor to Stabilis. Oppenheimer acted as transaction advisor and Locke Lord LLP acted as legal advisor to AETI.

About Stabilis Energy, Inc.

Stabilis Energy, Inc. is a vertically integrated provider of small-scale liquefied natural gas (“LNG”) production, distribution and fueling services to multiple end markets in North America. Stabilis has safely delivered over 200 million gallons of LNG through more than 20,000 truck deliveries during its 15-year operating history in the LNG industry, which it believes makes it one of the largest and most experienced small-scale LNG providers in North America. Stabilis’ customers use LNG as a fuel source in a variety of applications in the industrial, energy, mining, utilities and pipelines, commercial, and high horsepower transportation markets. Stabilis’ customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions. Stabilis’ customers also use LNG as a “virtual pipeline” solution when natural gas pipelines are not available or volumes are curtailed. Stabilis Energy, Inc. is headquartered in Houston, Texas.

Cautionary Statement Regarding Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “can”, “believes,” “expects,” “could,” “will,” “plan,” “may,” “should,” “predicts,” “potential” and similar expressions are intended to identify such forward-looking statements.

Such forward-looking statements relate to future events or future performance, but reflect the parties’ current beliefs, based on information currently available. Most of these factors are outside the parties’ control and are difficult to predict. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Factors that may cause such differences include, among other things: the future performance of Stabilis, future demand for and price of LNG, availability and price of natural gas, unexpected costs, and general economic conditions.

The foregoing list of factors is not exclusive. Additional information concerning these and other risk factors are contained in the definitive proxy statement filed by AETI with the SEC on June 13, 2019 and its Annual Report on Form 10-K for the year ended December 31, 2018, filed with the SEC on April 16, 2019. All subsequent written and oral forward-looking statements concerning Stabilis, or other matters and attributable to Stabilis, or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Stabilis does undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Investor Contact:

Andrew Puhala
Chief Financial Officer
832-456-6500
andy.puhala@stabilisenergy.com

AMERICAN ELECTRIC TECHNOLOGIES STOCKHOLDERS APPROVE SHARE EXCHANGE TRANSACTION WITH STABILIS ENERGY LLC.

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Bellaire, Texas. July 17, 2019. Global Newswire. American Electric Technologies, Inc. (NASDAQ:AETI) (“AETI”) today announced that the AETI stockholders approved the proposals related to the pending share exchange transaction with Stabilis Energy LLC and its subsidiaries (“Stabilis”) at the special meeting of AETI stockholders held earlier today.

More than 99% of the shares voting at the AETI special meeting of stockholders voted in favor of the proposal to issue shares of AETI common stock in connection with the share exchange. The holders of Stabilis have already approved the transaction.

Upon the closing of the share exchange, the owners of Stabilis will receive 90% of the shares of AETI to be outstanding at the completion date.

AETI expects the closing of the transaction to occur promptly, subject to the satisfaction of all closing conditions.

About Stabilis

Stabilis is a vertically integrated provider of small-scale liquefied natural gas (“LNG”) production, distribution and fueling services to multiple end markets in North America. Stabilis has safely delivered over 200 million gallons of LNG through more than 20,000 truck deliveries during its 15-year operating history, which it believes makes it one of the largest and most experienced small-scale LNG providers in North America. Stabilis’ customers use LNG as a fuel source in a variety of applications in the industrial, energy, mining, utilities and pipelines, commercial, and high horsepower transportation markets. Stabilis’ customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions. Stabilis’ customers also use LNG as a “virtual pipeline” solution when natural gas pipelines are not available or are curtailed. Stabilis is headquartered in Houston, Texas.

About AETI

American Electric Technologies, Inc. is a leading provider of power delivery solutions to the global energy industry. AETI is headquartered in Houston, Texas and has global sales, support and manufacturing operations in Rio de Janeiro, Macaé and Belo Horizonte, Brazil. In addition, AETI has minority interest in a joint venture in Xian, China which manufactures power and control systems for land drilling rigs in China and other international markets.

Cautionary Note Concerning Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “can”, “believes,” “expects,” “could,” “will,” “plan,” “may,” “should,” “predicts,” “potential” and similar expressions are intended to identify such forward-looking statements. With regard to the pending business combination with Stabilis Energy LLC and its subsidiaries, forward looking statements include closing of the share exchange transaction, which cannot be assured.

Such forward-looking statements relate to future events or future performance, but reflect the parties’ current beliefs, based on information currently available. Most of these factors are outside the parties’ control and are difficult to predict. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Factors that may cause such differences include, among other things: the possibility that the business combination does not close or that the closing may be delayed because conditions to the closing may not be satisfied, the performance of Stabilis and AETI, future demand for and price of LNG, availability and price of natural gas, unexpected costs, liabilities or delays in the business combination transaction, the outcome of any legal proceedings related to the transaction; the occurrence of any event, change or other circumstances that could give rise to the termination of the share exchange agreement; and general economic conditions.

The foregoing list of factors is not exclusive. Additional information concerning these and other risk factors are contained in the definitive proxy statement filed by AETI with the SEC on June 13, 2019 and its Annual Report on Form 10-K for the year ended December 31, 2018, filed with the SEC on April 16, 2019. All subsequent written and oral forward-looking statements concerning AETI and Stabilis, the business combination transaction described herein or other matters and attributable to AETI, Stabilis, or any person acting on behalf of any of them are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Neither AETI nor Stabilis undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Investor Contact:

American Electric Technologies, Inc.
Peter Menikoff
832-241-6330

investorrelations@aeti.com