Stabilis Solutions, Inc. (SLNG) Stock

Stabilis Solutions, Inc. (SLNG) is a Utilities stock trading at $5.66 (as of 2026-08-21), with a market capitalization of $105.26M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Stabilis Solutions, Inc. provides small-scale LNG production, distribution, and fueling services, operating through an LNG segment and a Power Delivery segment. It supplies LNG and related cryogenic rental and field services to industrial, midstream, and oilfield customers, and also performs electrical and instrumentation construction and installation work for energy, utilities, and related markets.

Understand Stabilis Solutions, Inc.: how it makes money

Stabilis Solutions provides small-scale LNG production, distribution, and fueling, plus power delivery and related cryogenic equipment rentals and field services, mainly for end markets in North America. It makes money by selling LNG (and related fuel solutions and services) to industrial, midstream, and oilfield customers, and by delivering power-related construction, installation, and fuel solutions.

LNG profitability is structurally driven by how much the liquefaction plants produce and deliver (utilization and gallons delivered), and how much of that revenue is supported by rateable contractual agreements (contracted revenue mix).

Revenue by segment (latest quarter)
LNG	$0.0B
Power	$0.0B

Business quality (Weak): Segment detail is available for LNG and Power Delivery, and the operating metrics focus on LNG volumes, utilization, and contractual revenue mix. Reported margins for the latest period show gross margin of 3.5% and operating margin of -39.2%, so investors should weigh utilization and contract support against cost pressure.

Valuation: At 65× earnings, SLNG trades 196% above the Utilities average (22×). Note: one-time items can distort reported P/E.

Bull case

Utilization is high enough to produce meaningful volumes: Combined Liquefied Natural Gas Plant Utilization is 73%, and Liquefied Natural Gas Gallons Delivered is 15,000,000 for the period referenced by the dataset.
A majority of revenue is tied to rateable contracts: Revenue Under Rateable Contractual Agreements is 68%, and Contracted Customer Agreement Revenue Mix Percentage is 68%.

Bear case

Operating losses persist even with positive gross margin: For the period ending 2026-03-31, gross margin is 3.5%, while operating margin is -39.2%.
The near-term top line appears dominated by LNG: Liquefied Natural Gas Segment Revenue is 0.02B, while Power Delivery Segment Revenue is 0.0B in the provided segment candidates, suggesting limited contribution from Power Delivery in the latest data.

Valuation — source: SEC EDGAR (first-party)
Price	$5.66
Market Cap	$105.26M
EV / EBITDA	44.4
Price / Book	1.67
Price / Sales	1.61
FCF Yield	14.3%
DCF Value (model)	$0.65
DCF Upside vs Price	-88.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$68.25M
Net Margin	-2.0%
Revenue Growth (YoY)	0.0%
FCF Growth (YoY)	-89.8%

Financial Health — source: SEC EDGAR
Altman Z-Score	4.03 (safe)
Piotroski F-Score	4/9 (moderate)

Valuation vs Sector & Industry
Sector P/E (Utilities)	20.8
Industry P/E (Utilities)	20.1

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	Tieton Capital Management, LLC ($1.00M)
Institutional Holders Tracked	10

Company
Sector	Utilities
Industry	Utilities
CEO	J. Casey Crenshaw
Employees	104
Country	US
IPO Date	2007-05-16

Related Companies (Business model: Regulated Utility (Electric / Gas); 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.