Stabilis Energy Announces First Quarter 2020 Results

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Houston, TX (May 6, 2020) – Stabilis Energy, Inc. (OTCQX: SLNG) (“Stabilis”) today reported its financial results for its first quarter ended March 31, 2020.

In conjunction with the release, Stabilis has scheduled a conference call on Thursday, May 7, 2020, at 10:00 am eastern time (9:00 am central). 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.

Participants may also participate in a live audio webcast here:

Stabilis Energy Announces First Quarter 2020 Earnings – Release Call

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Houston, TX (April 30, 2020) – Stabilis Energy, Inc. (OTCQX: SLNG) (“Stabilis”) today announced that it will release first quarter 2020 financial results on Wednesday, May 6, 2020, after the market closes.

In conjunction with the release, Stabilis has scheduled a conference call on Thursday, May 7, 2020, at 10:00 am eastern time (9:00 am central). 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.

Participants may also participate in a live audio webcast here:

Stabilis Energy Announces Fourth Quarter and Full Year 2019 Earnings – Report

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Houston, TX (March 11, 2020) – Stabilis Energy, Inc. (OTCQX: SLNG) (“Stabilis”) today reported its fourth-quarter and full-year ended December 31, 2019.

In conjunction with the release, Stabilis Energy has scheduled a conference call on Friday, March 13, 2020, at 10:00 a.m. eastern time (9:00 a.m. central).

For more information, read the previous news post or refer to the report.

Stabilis Energy Announces Fourth Quarter and Full Year 2019 Earnings – Release Call

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Houston, TX (March 11, 2020) – Stabilis Energy, Inc. (OTCQX: SLNG) (“Stabilis”) today announced that it will release fourth quarter and fiscal year 2019 financial results on Thursday, March 12, 2020 after the market closes. In conjunction with the release, Stabilis Energy has scheduled a conference call on Friday, March 13, 2020 at 10:00 a.m. eastern time (9:00 a.m. central). 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.
Participants may also participate in the live audio here:

A replay of the call will be available until March 20, 2020. Individuals in the United States and Canada who wish to listen to the replay should dial +1 877-481-4010; passcode 33511. International callers should dial +1 919-882-2331; passcode 33511.

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.

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

Stabilis Energy Achieves Major Milestones in Mexican Growth Plan

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• Submits Permit Application for Monterrey Mexico LNG Production Facility
• Begins Signing LNG Supply Agreements with Local Customers

HOUSTON, TX (February 26, 2020) – Stabilis Energy, Inc. (“Stabilis”) (OTCQX: SLNG) today announced that it achieved a major milestone in its Mexican growth plan by filing a permit application to build and operate a small-scale liquefied natural gas (“LNG”) production facility in Monterrey, Nuevo Leon, Mexico. Stabilis has also started signing LNG supply agreements with Mexican customers for sales from that location.

LNG Production Facility Permit

The permit application seeks approval to install two LNG production units at a Monterrey, Mexico location. The first unit is a 20,000 gallon per day LNG production facility that Stabilis currently owns and can deploy immediately. The second unit is a 100,000 gallon per day LNG production facility that would be similar to the one that Stabilis currently operates in George West, Texas.

The proposed facility will be located on industrial property owned by affiliates of Stabilis’ joint venture partner, CryoMex Investment Group LLC (“CryoMex”). The site includes access to the natural gas and electricity supplies required to operate an LNG production facility. It also provides easy access to major highways for truck distribution.

“Stabilis is pleased to take this next step in expanding our LNG capabilities in Mexico. Installing our liquefier in Monterrey will allow Stabilis to quickly expand in the Mexican market with relatively low capital expense,” commented Jim Reddinger, President and Chief Executive Officer of Stabilis. “It will also increase the return on capital on our existing asset base. We believe that the Monterrey facility will be fully subscribed when it opens.”

Stabilis expects the permitting process to take approximately 6-9 months to complete before construction will begin. Pending timing on the permitting process, Stabilis believes that it could begin LNG production by the end of 2020.

LNG Supply Agreement

In connection with the production facility development, Stabilis has started executing multi-year LNG supply contracts with new customers in the region. Stabilis recently signed a multi-year LNG supply contract with a new industrial customer that could require up to 25,000 LNG gallons per day once fully operational. Stabilis is currently pursuing other similar LNG supply agreements with multiple customers.

LNG will be provided from the Monterrey facility once it is commissioned. In the interim, LNG will be provided from Stabilis’ existing facility in Texas. LNG transportation, storage, and vaporization equipment will be provided from Stabilis’ existing fleet.

“Our goal is to provide access to clean, low-cost natural gas to industrial customers throughout Mexico,” continued Reddinger. “We are encouraged by the Mexican market’s reception to the LNG value proposition, and we are confident that building our in-country production and distribution capabilities will accelerate adoption of LNG fuel.”

Stabilis Mexican Joint Venture and Transportation Hub

Stabilis formed a joint venture with CryoMex Investment Group LLC (“CryoMex”) in 2019 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.

Stabilis recently opened an LNG transportation hub to facilitate the delivery of up to 50,000 LNG gallons per day to customers in Northeastern Mexico. LNG is supplied by the Stabilis liquefaction facility in George West, Texas. The transportation hub is designed to increase supply security to Stabilis’ customers by reducing border crossing and related logistics risks.

About Stabilis Energy

Stabilis Energy, Inc. is a vertically integrated provider of clean natural gas fueling solutions to multiple North American end markets. We have safely delivered over 200 million gallons of liquefied natural gas (“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,” “could be,” “will,” “will be,” “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 is contained in our Prospectus filed with the Securities and Exchange Commission on November 8, 2019 and “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part I of our most recent quarterly report on Form 10‐Q, as updated in our subsequent quarterly reports on Form 10‐Q and annual reports on Form 10‐K, which are available on the SEC’s website at www.sec.gov or on the Investors section of our website at www.stabilisenergy.com. All subsequent written and oral forward-looking statements concerning Stabilis, or other matters 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 – Mexico LNG Sales:
Francisco Fuentes Carus Mexico Sales & Business Development
01 800 266 3749
ffuentes@stabilisenergy.com

Stabilis Contact – Investor Relations:
Andrew Puhala Chief Financial Officer
+1 832-456-6500
ir@stabilisenergy.com

Stabilis Energy Expands Western U.S. Sales Team – Hires Forrest Marsh as Director of Western Region Sales

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HOUSTON, TX (January 22, 2020) – Stabilis Energy, Inc. (“Stabilis”) (OTCQX: SLNG) today announced the expansion of its domestic liquefied natural gas (“LNG”) sales team by hiring Forrest Marsh as Western Region Sales Director. “We are excited to welcome Forrest to the Stabilis sales team,” commented Jim Reddinger, President and Chief Executive Officer of Stabilis. “His long and distinguished track record serving customers in a variety of markets throughout the Western U.S. make him a perfect fit for Stabilis.” Mr. Marsh brings extensive sales and management experience to Stabilis. Prior to joining Stabilis, he served in a variety of senior sales and management roles in the power generation, energy, and industrial gas industries, including as North American Oil & Gas Sales Manager at Aggreko and Rocky Mountain Region Manager for Air Liquide. Mr. Marsh will be based in Denver, Colorado. “Stabilis is a recognized leader in the domestic small-scale LNG market,” commented Mr. Marsh, “I look forward to bringing clean, low-cost LNG fuel to customers throughout the Western U.S.” Customers can contact Mr. Marsh at fmarsh@stabilisenergy.com or 1-800-LNG-FUEL (564- 3835) for more information about our natural gas product offerings.

About Stabilis Energy

Stabilis Energy, Inc. is a vertically integrated provider of clean natural gas fueling solutions to multiple North American end markets. We have safely delivered over 200 million gallons of liquefied natural gas (“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,” “could be,” “will,” “will be,” “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 is contained in our Prospectus filed with the Securities and Exchange Commission on November, 8, 2019 and “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part I of our most recent quarterly report on Form 10‐Q, as updated in our subsequent quarterly reports on Form 10‐Q and annual reports on Form 10‐K, which are available on the SEC’s website at www.sec.gov or on the Investors section of our website at www.stabilisenergy.com. All subsequent written and oral forward-looking statements concerning Stabilis, or other matters 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

Stabilis Energy Expands Mexico Sales Team

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Hires Francisco Fuentes Carus as Mexico Sales Director

HOUSTON, TX (January13, 2020) – Stabilis Energy, Inc.’s (“Stabilis”)(OTCQX: SLNG) today announced the expansion of its Mexican distributed natural gas business by hiring Francisco Fuentes Carus as a Mexico Sales Director. Mr. Fuentes will be primarily responsible for liquefied natural gas (“LNG”)and compressed natural gas (“CNG”) sales in Nuevo León, including the Monterrey metropolitan area and surrounding region. He will also manage other customer relationships throughout the country. Mr. Fuentes brings extensive natural gas sales and marketing experience to Stabilis. Prior to joining Stabilis, he served as Vice President of Sales and Business Development at a distributed natural gas company where he represented the company throughout North and Central America. Prior to this role, he served in senior sales and business development roles in multiple industries throughout Mexico.“We are excited to welcome Francisco to our team,” commented Jim Reddinger, President and Chief Executive Officer of Stabilis. “He has an outstanding reputation in the distributed natural gas market in Mexico and we are proud that he is representing Stabilis as we expand our business.”Mr. Fuentes will provide sales support for the Company’s growing Mexican LNG business. Stabilis recently formed a joint venture with CryoMex Investment Group LLC to pursue investments in distributed natural gas production and distribution assets in Mexico. Stabilis also recently opened a Mexican LNG transportation hub to facilitate the delivery of up to 50,000 LNG gallons per day to our customers in Northeastern Mexico. Located in Colombia, Mexico, the transportation hub will increase supply security to Stabilis’ customers by reducing border crossing and related logistics risks.Customers can contact Mr. Fuentes at ffuentes@stabilisenergy.com or 01 800 266 3749 for more information about our natural gas product offerings.

About Stabilis Energy

Stabilis Energy, Inc. is a vertically integrated provider of clean natural gas fueling solutionsto multiple North American end markets.We have safely delivered over 200 million gallons of liquefied natural gas (“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 Section27a of the Securities Act of 1933, as amended, and Section21e 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,” “could be,” “will,” “will be,” “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 iscontained in our Prospectus filed with the Securities and Exchange Commission on November, 8, 2019 and “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part I of our most recent quarterly report on Form 10‐Q, as updated in our subsequent quarterly reports on Form 10‐Q and annual reports on Form 10‐K, which are available on the SEC’s website at www.sec.gov or on the Investors section of our website at www.stabilisenergy.com.All subsequent written and oral forward-looking statements concerning Stabilis, or other matters 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 doesnotundertake 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 Expands Mexican Presence with Opening of LNG Transportation Hub in Northeastern Mexico

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HOUSTON, TX (December 12, 2019) – Stabilis Energy, Inc. (OTCQX: SLNG) (“Stabilis”) today announced the expansion of its Mexican liquefied natural gas (“LNG”) business by opening an LNG transportation hub in Colombia, Nuevo León to serve Northeastern Mexico. The transportation hub, located directly across the border from Laredo, Texas, will facilitate the delivery of up to 50,000 LNG gallons per day to our customers in Northeastern Mexico. LNG will be supplied by the Stabilis liquefaction facility in George West, Texas. The transportation hub will increase supply security to Stabilis customers by reducing border crossing and related logistics risks. “Stabilis is pleased to improve access to clean, inexpensive natural gas to customers throughout Northeastern Mexico,” commented Jim Reddinger, President and Chief Executive Officer of Stabilis. “This transportation hub is our first step in building a reliable, cost effective distributed natural gas network throughout Mexico.”
The transportation hub is open for business. Customers can contact Stabilis at info@stabilisenergy.com or +1-866 LNG FUEL (564-3835) for more information or to place an order. Stabilis recently formed a joint venture with CryoMex Investment Group LLC 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. A business update call will be held on Wednesday, December 18, 2019 at 10:00 a.m. eastern time (9:00 a.m. central). Individuals in the United States and Canada who wish to participate in the conference call should dial +1 844-369-8770. International callers should dial +1 862-298-0840.

A replay of the call will be available until December 24, 2019. Individuals in the United States and Canada who wish to listen to the replay should dial +1 877-481-4010; passcode 56889. International callers should dial +1 919-882-2331; passcode 56889
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 clean natural gas fueling solutions to multiple North American end markets. We have safely delivered over 200 million gallons of liquefied natural gas (“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,” “could be,” “will,” “will be,” “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 is contained in our Prospectus filed with the Securities and Exchange Commission on November, 8, 2019 and “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part I of our most recent quarterly report on Form 10‐Q, as updated in our subsequent quarterly reports on Form 10‐Q and annual reports on Form 10‐K, which are available on the SEC’s website at www.sec.gov or on the Investors section of our website at www.stabilisenergy.com. All subsequent written and oral forward-looking statements concerning Stabilis, or other matters 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

STABILIS ENERGY ANNOUNCES THIRD QUARTER 2019 RESULTS

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Reports Year to Date Revenue Growth of 30%

Houston, Texas, November 12, 2019 — Stabilis Energy, Inc., (“Stabilis”) (OTCQX: SLNG) today reported its financial results for its 3rd quarter ended September 30, 2019 (“current quarter”). Three Month Results for the Period Ending September 30, 2019 Stabilis reported revenues of $10.5 million, an increase of 31% compared to the quarter ended September 30, 2018 (“prior year quarter”) driven by a 22% increase in LNG gallons sold and the closing of the Company’s business combination with American Electric Technologies (“AETI”) on July 26, 2019. Revenues from Stabilis’ LNG segment increased $1.1 million or 14% due to increased production at the George West liquefaction facility, partially offset by a temporary reduction of activity with a large LNG distribution customer. Utilization of the George West liquefier averaged 83% in the current quarter versus 55% in the prior year quarter driven by increased revenue with customers in industrial end markets and Mexico. AETI contributed $1.4 million of revenue in the current quarter. Adjusted Earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) was $0.3 million in the current quarter vs. $0.2 million in the prior year quarter. Net loss for the current quarter was $3.4 million compared to a net loss of $3.2 million in the prior year quarter. The current quarter included approximately $1.1 million of costs related to transactions closed during the quarter and costs related to our listing on a major stock exchange.

Nine Month Results for the Period Ending September 30, 2019

For the first nine months of 2019, Stabilis reported revenues of $34.6 million, an increase of 30% compared to the first nine months of 2018. Revenues from Stabilis LNG business increased $6.6 million or 25%. Utilization of the George West liquefier averaged 72% for the first 9 months of 2019 versus 46% for the first nine months of 2018. Adjusted EBITDA for the first nine months of 2019 was $4.4 million, a $2.5 million or 131% improvement from the same period in 2018. Net loss for the first nine months was $5.0 million compared to a net loss of $8.2 million for the same period last year, an improvement of $3.2 million. “We are pleased with the continued growth in our core LNG business, as well as with the growth opportunities we see in front of us as we expand into the Mexican market,” said Jim Reddinger, President and Chief Executive Officer. “Our pipeline of LNG production and distribution investment opportunities is robust and growing, and we believe that we will be in a position to move forward on one or more of these opportunities in the near future.”

Conference Call

Management will conduct a conference call on Wednesday, November 13, 2019 at 10:00 a.m. eastern time (9:00 a.m. central). Individuals in the United States and Canada who wish to participate in the conference call should dial +1 844-369-8770. International callers should dial +1 862-298-0840. A replay of the call will be available until November 20, 2019. Individuals in the United States and Canada who wish to listen to the replay should dial +1 877-481-4010; passcode 56767. International callers should dial +1 919-882-2331; passcode 56767. A replay of the call also will be available on the Stabilis website (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 “Risk Factors” section of our Registration Statement on Form S-1/A filed with the Securities and Exchange Commission on October 22, 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 Energy Announces Third Quarter Earnings and Business Update Call

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HOUSTON, TX (November 6, 2019) – Stabilis Energy, Inc. (OTCQX: SLNG) (“Stabilis”) today announced that it will release third quarter 2019 results on Tuesday, November 12, 2019 after the market closes. In conjunction with the release, Stabilis Energy has scheduled a conference call on Wednesday, November 13, 2019 at 10:00 a.m. eastern time (9:00 a.m. central). Individuals in the United States and Canada who wish to participate in the conference call should dial +1 844-369-8770.  International callers should dial +1 862-298-0840.

A replay of the call will be available until November 20, 2019. Individuals in the United States and Canada who wish to listen to the replay should dial +1 877-481-4010; passcode 56767. International callers should dial +1 919-882-2331; passcode 56767.

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.

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