Stabilis Solutions ( (SLNG) ) has provided an update.
Stabilis Solutions has reported robust third-quarter 2024 financial results, driven by strong customer demand and strategic long-term contracts, resulting in a 22% rise in LNG sales volumes and a significant boost in profitability. The company achieved a positive net income with an improved EBITDA, reflecting a strategic business transformation that bolsters revenue and operational leverage. With expansion plans in Texas and a focus on LNG fueling solutions, Stabilis is well-poised to capture growth in emerging markets, offering sustainable and cost-effective energy solutions.
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