Stabilis Solutions, Inc. (SLNG): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how companies are adapting to the clean energy transition? Stabilis Solutions, Inc. (SLNG), a leader in providing turnkey LNG solutions, is making significant strides in North America, serving diverse sectors from aerospace to marine. But how exactly does Stabilis Solutions operate, and what makes its business model tick? Keep reading to discover the history, ownership structure, mission, and revenue streams that define this innovative energy company, which has already delivered over 530 million LNG gallons to date.

Stabilis Solutions, Inc. (SLNG) History

Stabilis Solutions, Inc. Founding Timeline

Year established

The company was established in 2013.

Original location

The company is headquartered in Houston, Texas.

Founding team members

Specific details regarding the founding team members are not readily available in the provided search results.

Initial capital/funding

Information about the initial capital or funding of the company is not available in the search results.

Stabilis Solutions, Inc. Evolution Milestones

Stabilis Solutions, Inc. Transformative Moments

• Acquisition of Buckeye Partners' LNG Assets (2016): This acquisition significantly boosted the company's operational capabilities and market presence. The $85 million deal provided critical infrastructure and resources.
• Initial Public Offering (IPO) in 2019: The IPO marked a major turning point, providing capital for expansion and increasing the company's visibility in the energy sector.
• Expansion into Virtual Pipeline Solutions: Diversifying into virtual pipeline services allowed the company to reach more customers and offer flexible, reliable natural gas delivery.
• Focus on Sustainability Initiatives: By integrating sustainability into its core strategy, the company is positioning itself to meet the growing demand for environmentally responsible energy solutions.

To gain further insights into the company's guiding principles, explore: Mission Statement, Vision, & Core Values of Stabilis Solutions, Inc. (SLNG).

Stabilis Solutions, Inc. (SLNG) Ownership Structure

Understanding the ownership structure of Stabilis Solutions, Inc. provides insights into who controls the company and whose interests are most closely aligned with its strategic decisions. The ownership is distributed among various shareholders.

Stabilis Solutions, Inc.’s Current Status

Stabilis Solutions, Inc. is a publicly traded company, meaning its shares are available for purchase by the general public on a stock exchange. As of November 8, 2023, Stabilis Solutions completed its merger with Independence Hydrogen, Inc., making Independence Hydrogen a wholly-owned subsidiary of Stabilis. The company’s common stock and warrants continue to trade on the Nasdaq Capital Market under the symbols SLNG and SLNGW, respectively.

Stabilis Solutions, Inc.’s Ownership Breakdown

As a publicly traded company, Stabilis Solutions' ownership is distributed among various institutional and individual investors. Here's a general overview of the ownership breakdown, reflecting the most recent data available:

Stabilis Solutions, Inc.’s Leadership

The leadership team is instrumental in guiding the strategic direction and operational execution of Stabilis Solutions. Key figures include:

• Jim Reddinger: President and CEO
• Andrew Puhala: Chief Financial Officer

These individuals, along with other members of the executive team, bring a wealth of experience and expertise to the company, helping to drive its growth and success. You might be also interested in: Mission Statement, Vision, & Core Values of Stabilis Solutions, Inc. (SLNG).

Stabilis Solutions, Inc. (SLNG) Mission and Values

Stabilis Solutions, Inc. aims to provide reliable energy solutions through the production, distribution, and supply of liquefied natural gas (LNG), while upholding values centered on safety, integrity, and customer satisfaction. The company focuses on delivering clean energy alternatives to various industries, contributing to environmental sustainability and economic growth.

Stabilis Solutions, Inc.'s Core Purpose

Official mission statement

While an official, publicly declared mission statement specific to Stabilis Solutions, Inc. is not readily available in recent search results, we can infer their mission from how they describe their operations and objectives. Stabilis Solutions likely focuses on:

• Providing reliable and flexible LNG solutions to customers across North America.
• Facilitating the transition to cleaner energy sources by offering LNG as an alternative to traditional fuels.
• Ensuring the safe and efficient delivery of LNG through its production facilities and transportation network.
• Creating value for its shareholders through strategic investments and operational excellence.

Vision statement

Similarly, a formal vision statement for Stabilis Solutions isn't explicitly stated in the search results. However, based on their activities and industry positioning, their vision likely includes:

• Becoming a leading provider of small-scale LNG solutions in North America.
• Expanding its infrastructure and service offerings to meet the growing demand for LNG.
• Driving innovation in LNG production, transportation, and applications.
• Contributing to a more sustainable energy future by displacing higher-emission fuels with LNG.

Company slogan/tagline

There is no specific official slogan or tagline readily available for Stabilis Solutions, Inc. However, considering their business activities, a fitting tagline might emphasize their commitment to providing flexible, reliable, and cleaner energy solutions. A potential tagline could be:

• 'Powering Progress with LNG.'
• 'Your Flexible Energy Solution.'
• 'Clean Energy, Reliable Delivery.'

To delve deeper into the company's mission, vision, and core values, you can explore: Mission Statement, Vision, & Core Values of Stabilis Solutions, Inc. (SLNG).

Stabilis Solutions, Inc. (SLNG) How It Works

Stabilis Solutions Inc. is an energy transition company specializing in delivering comprehensive clean energy solutions through liquefied natural gas (LNG), covering everything from production and storage to transportation and fueling for diverse industries.

Stabilis Solutions, Inc. Product/Service Portfolio

Stabilis Solutions, Inc. Operational Framework

The company operates with a turnkey approach, managing every aspect of LNG supply. Key operational aspects include:

• LNG Production: Operates liquefaction facilities in George West, Texas (100,000+ gallons per day) and Port Allen, Louisiana (30,000 gallons per day).
• Transportation and Logistics: Provides a virtual natural gas pipeline through turnkey LNG transportation services in North America.
• Direct LNG Sales: Supplies high-purity LNG to clients.
• Equipment Leasing: Rents cryogenic and specialized equipment.
• Engineering and Field Services: Offers technical support and logistics solutions.
• Geographic Presence: Operates in the United States and Mexico.

These operations support a broad range of services, including:

• Mobile LNG production units
• LNG fueling infrastructure
• Transportation and power generation solutions
• Remote power generation services

Learn more about the company's values: Mission Statement, Vision, & Core Values of Stabilis Solutions, Inc. (SLNG).

Stabilis Solutions, Inc. Strategic Advantages

Stabilis Solutions differentiates itself through several strategic advantages:

• Integrated Service Model: Provides end-to-end services from consultation to maintenance, fostering long-term partnerships.
• High-Purity LNG: Meets the stringent standards of specialized sectors.
• Turnkey Solutions: Offers complete LNG supply chain management, reducing client challenges.
• Strategic Locations: Operates facilities in key locations like George West, TX, and Port Allen, LA.
• Strong Market Position: Incumbent small-scale LNG supplier in high-growth markets.
• Focus on Growth Markets: Increased revenue mix in marine and aerospace end-markets, reaching nearly 50% in Q4 2024.
• Capital Investments: Strategic investments in manufacturing and logistics capabilities. In 2024, the company invested $7.4 million in growth capital.
• Commitment to QHSE: High standards in quality, health, safety, and environment.

As of April 11, 2025, Stabilis Solutions' stock price was $4.01, with a market cap of $74.6 million and 18.6 million shares. The company's trailing 12-month revenue as of December 31, 2024, was $73.3 million.

Stabilis Solutions, Inc. (SLNG) How It Makes Money

Stabilis Solutions, Inc. generates revenue by providing natural gas fueling solutions to various end markets across North America.

Stabilis Solutions, Inc.'s Revenue Breakdown

While specific percentage breakdowns for revenue streams are not available, Stabilis Solutions, Inc. generates revenue through these key areas:

Stabilis Solutions, Inc.'s Business Economics

The business economics of Stabilis Solutions, Inc. are influenced by several factors:

• Natural Gas Prices: The price of natural gas directly impacts the cost of goods sold and the attractiveness of LNG and CNG as fuel sources.
• Infrastructure Development: Expansion of natural gas infrastructure, including pipelines and fueling stations, affects the accessibility and demand for Stabilis’ services.
• Regulatory Environment: Government regulations regarding emissions and fuel standards can drive demand for cleaner burning fuels like LNG and CNG.
• Customer Agreements: Long-term contracts with customers provide a stable revenue base and influence pricing strategies.

Stabilis Solutions, Inc.'s Financial Performance

As of the fiscal year 2024, here are some key aspects of Stabilis Solutions, Inc.'s financial performance:

• In 2023, Stabilis Solutions reported revenue of $75.4 million, a gross profit of $17.9 million, and a net loss of $17.8 million. The adjusted EBITDA was $11.9 million.
• The company's financial results reflect investments in growth initiatives and infrastructure.

To gain more insights into the investors and ownership structure, check out this article: Exploring Stabilis Solutions, Inc. (SLNG) Investor Profile: Who’s Buying and Why?

Stabilis Solutions, Inc. (SLNG) Market Position & Future Outlook

As of April 2025, Stabilis Solutions, Inc. is strategically positioned to capitalize on the growing demand for alternative fuel solutions, particularly in the LNG and hydrogen sectors. The company's integrated service offerings, from production to distribution, provide a competitive edge, while also facing challenges inherent in a rapidly evolving energy market.

Competitive Landscape

Opportunities & Challenges

Stabilis Solutions has several opportunities for growth, but also faces certain risks that could impact its performance.

Industry Position

Stabilis Solutions operates within the dynamic and evolving alternative energy sector. Key aspects of its industry position include:

• Focus on small-scale LNG production and distribution, catering to niche markets and underserved regions.
• Growing emphasis on hydrogen solutions, aligning with the global push for decarbonization.
• Strategic partnerships and collaborations to enhance technological capabilities and market access.

To gain a deeper understanding of the company's financial performance, see: Breaking Down Stabilis Solutions, Inc. (SLNG) Financial Health: Key Insights for Investors