Stabilis Solutions Inc (SLNG)
NASDAQEnergyOil & Gas IntegratedSnapshot 2026-09-09
$5.21-6.46%
Close 2026-09-09 · 1-day change
NASDAQEnergyOil & Gas IntegratedSnapshot 2026-09-09
Broken: Primary pillar broken — Improve financial performance after earnings misses: EPS -0.25 vs target of reduced losses.
Stabilis Solutions serves growing LNG demand in North America. Revenue is expected near $13.25 million in 2025. Management aims to improve financial results after recent losses.
Revenue fell from $20.3 million in 2025-Q3 to $10.4 million in 2026-Q1. The company is still losing money. Recent deal cancellations and earnings misses hurt confidence.
The price is about 28% below our fair value near $5. Analysts expect 23% revenue growth. Our view is cautious given recent losses and deal setbacks.
Breaks if: New large off-balance sheet obligations created
Breaks if: Losses continue or worsen over next 4 quarters
Focus on reducing losses and improving adjusted EBITDA through operational improvements and new contracts.
Stated as a priority in 2 of last 2 quarters. Adjusted EBITDA improved from a loss of $0.7M in 2026-Q1 to a positive $0.1M in 2026-Q2, though net loss increased slightly from $4.1M to $4.6M. Management expects financial performance to improve in the second half of 2026, showing limited progress but some positive momentum.
“Demand recovered... adjusted EBITDA of $0.1 million in Q2 2026.”
“Expect results to significantly improve during second half of 2026... adjusted EBITDA of ($0.7) million in Q1 2026.”
Breaks if: Revenue falls below $10 million in FY25
Focus on growing revenues by leveraging demand in aerospace, industrial, and data center LNG supply markets.
Stated as a priority in 2 of last 2 quarters. Revenue was $10.4M in 2026-Q1 and $11.9M in 2026-Q2, with aerospace revenues growing 31% and 71% year-over-year respectively. Management expects 2027 revenues to exceed $100M, up from $34.6M in 2025, indicating a trajectory of building momentum and growth.
“Momentum is building... 71% year-over-year growth in revenues from aerospace customers.”
“We are building momentum... 31% year-over-year growth in aerospace revenues... secured $200 million LNG supply contract for data center.”
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a speculative growth opportunity. The company is currently loss-making but is focused on capitalizing on strong demand for LNG solutions and improving financial performance.
The market seems to have priced in a low level of expectations, as indicated by the expectations gap. Valuation appears aligned with peers, but SLNG carries a slight premium, reflecting some fragility in its current setup.
Management is working on several priorities, including advancing the Galveston LNG facility and improving financial performance. However, the company has a high probability of missing earnings expectations in the near term, which could impact sentiment.
The thesis hinges on external factors such as inflation trends and performance from larger sector players like XOM and CVX. Additionally, any cuts to guidance could significantly affect investor confidence.
Over the next 1 to 3 years, SLNG's performance will depend on its ability to execute on its growth initiatives and navigate sector volatility. Not investment advice.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The company targets significant revenue growth from a major contract. This reflects strong demand for LNG solutions. There are no new threats impacting the thesis.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.