Stabilis Solutions, Inc. provides turnkey clean energy production, storage, transportation and fueling solutions using liquefied natural gas to multiple end markets across North America. The company also builds power and control systems for the energy industry in China through its 40 percent owned joint venture BOMAY Electric Industries, Inc. With over 580 million gallons of LNG delivered through more than 60,000 truck deliveries during its 22 year operating history,…
Stabilis Solutions, Inc. provides turnkey clean energy production, storage, transportation and fueling solutions using liquefied natural gas to multiple end markets across North America. The company also builds power and control systems for the energy industry in China through its 40 percent owned joint venture BOMAY Electric Industries, Inc. With over 580 million gallons of LNG delivered through more than 60,000 truck deliveries during its 22 year operating history, Stabilis positions itself as one of the largest and most experienced small scale LNG providers in the region.
Stabilis generates revenue by selling and delivering LNG to customers, renting cryogenic equipment and providing engineering and field support services. The company offers its products and services separately or as a bundled solution depending on customer needs. Pricing reflects prevailing natural gas market values, competing fuel costs such as diesel or propane, the purchased volume, contract duration and the customer’s credit profile. Revenue from LNG production and sales is recorded in LNG Product revenue, income from transportation and logistics services is also included in LNG Product revenue, fees from cryogenic equipment rental appear in Rental revenue and amounts earned from engineering and field support services are reported in Service revenue.
Stabilis holds a strong position in the North American small scale LNG market due to its extensive operational history and asset base. The company claims to operate one of the largest fleets of mobile LNG storage and vaporization equipment in the region and offers a comprehensive virtual natural gas pipeline solution that integrates supply, transportation and field support. Competitors include distributors of diesel, propane, pipeline natural gas and compressed natural gas as well as other liquefied natural gas providers that may have greater financial resources or longer market presence. Stabilis differentiates itself through its ability to serve diverse industries, its focus on safety and reliability and its experience in designing turnkey LNG solutions for remote and off grid applications.
Stabilis serves a varied customer base that spans aerospace, agriculture, industrial, marine bunkering, mining, oil and gas, pipeline, remote power and utility markets within North America. The company reports that it works with approximately twenty customers. For the year ended December 31, 2025, Carnival Corporation, Aggreko Plc and Space Exploration Technologies Corp each accounted for more than ten percent of total revenue. Additional notable clients include unnamed cruise vessel operators with whom ten year LNG supply bunkering agreements were executed, a provider of remote and temporary power generation and energy services at a data center that signed a multi year take or pay contract for behind the meter power generation and a Louisiana based customer that held a temporary remote power contract. These relationships illustrate the company’s reach across high value vertical markets.
Read more ↓
Sector: Energy Industry: Oil & Gas Integrated CIK: 0001043186