Company profile

Ticker
SLNG
Exchange
CEO
James Reddinger
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
American Access Technologies Inc, American Electric Technologies Inc
SEC CIK
IRS number
593410234

SLNG stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

7 May 20
2 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 13.84M 12.49M 10.51M 11.1M
Net income -1.05M -556K -3.36M -1.04M
Diluted EPS -0.06 -0.02 -0.22 -0.09
Net profit margin -7.59% -4.45% -31.91% -9.36%
Operating income* -2.74M -353K
Net change in cash -817K -537K 1.6M 1.91M
Cash on hand 3.16M 3.98M 4.52M 2.92M
Cost of revenue 1.54M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 47.07M 37.34M 47.13M 37.81M
Net income -5.51M -11.09M 12.07M -7.06M
Diluted EPS -0.39 -2.42 -0.3 -0.89
Net profit margin -11.70% -29.69% 25.61% -18.67%
Operating income* -2.85M -4.51M -7.37M
Net change in cash 2.73M -242K 838K -7.34M
Cash on hand 3.98M 1.25M 1.49M 651K
Cost of revenue 5.68M 4.57M 36.8M

Financial data from company earnings reports. *Asterisk values are approximate.

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
8 May 20 Reddinger James Calvin Common Stock Buy Aquire P 1.99 100 199 1,552
29 Apr 20 Reddinger James Calvin RSU Common Stock Grant Aquire A 0 500,000 0 500,000
29 Apr 20 Puhala Andrew Lewis RSU Common Stock Grant Aquire A 0 20,000 0 20,000
12 Feb 20 Mitchell Peter C. Common Stock Grant Aquire A 0 6,812 0 7,812
12 Feb 20 Mitchell Peter C. RSU Common Stock Grant Aquire A 0 13,624 0 13,624
12 Feb 20 Khan Mushahid Common Stock Grant Aquire A 0 6,812 0 7,712
12 Feb 20 Khan Mushahid RSU Common Stock Grant Aquire A 0 13,624 0 13,624
0.0% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 2 9 -77.8%
Opened positions 0 9 -100.0%
Closed positions 7 0 +Infinity%
Increased positions 0 0 NaN%
Reduced positions 1 0 +Infinity%
13F shares
Current Prev Q Change
Total value 2K 1.14M -99.8%
Total shares 476 175.3K -99.7%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Victory Capital Management 476 $2K -80.7%
Proequities 0 $0
Largest transactions
Shares Bought/sold Change
BLK BlackRock 0 -79.81K EXIT
SFMG 0 -61.75K EXIT
Lee Financial 0 -15.5K EXIT
Vanguard 0 -10.11K EXIT
Wolverine Asset Management 0 -3.59K EXIT
RY Royal Bank of Canada 0 -2.08K EXIT
Victory Capital Management 476 -1.99K -80.7%
BAC Bank of America 0 -10 EXIT
Proequities 0 0

Financial report summary

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Risks
  • Our ability to implement our business strategy may be materially and adversely affected by many known and unknown factors.
  • Investment in us is speculative.
  • Our business is dependent upon obtaining substantial additional funding from various sources, which may not be available or may only be available on unfavorable terms.
  • After our recent acquisitions, we may not be profitable for an indeterminate period of time.
  • Because we are currently dependent upon a limited number of customers, the loss of a significant customer could adversely affect our operating results.
  • Our current ability to generate cash is substantially dependent upon the performance by customers under short-term contracts that we have entered into or will enter into in the near future, and we could be materially and adversely affected if any customer fails to perform its contractual obligations for any reason, including nonpayment and nonperformance, or if we fail to enter into such contracts at all.
  • Our customer contracts are subject to termination under certain circumstances.
  • Cyclical or other changes in the demand for and price of LNG and natural gas may adversely affect our business and the performance of our customers and could have a material adverse effect on our business, contracts, financial condition, operating results, cash flows, liquidity and prospects.
  • Failure to maintain sufficient working capital could limit our growth and harm our business, financial condition and results of operations.
  • Operation of our LNG infrastructure and other facilities that we may construct involves significant risks.
  • The operation of our plants will involve particular, significant risks.
  • Global climate change may in the future increase the frequency and severity of weather events and the losses resulting therefrom, which could have a material adverse effect on the economies in the markets in we operate or plan to operate in the future and therefore on our business.
  • Hurricanes or other natural or manmade disasters could result in an interruption of our operations, a delay in the completion of our liquefaction facilities, higher construction costs or the deferral of the dates on which payments are due under our customer contracts, all of which could adversely affect us.
  • The rapid spread of a contagious illness such as a novel coronavirus, or fear of such an event, may adversely affect our business, operations and financial condition.
  • A cyber incident could result in information theft, data corruption, operational disruption, operational delays and/or financial loss.
  • Our insurance may be insufficient to cover losses that may occur to our property or result from our operations.
  • From time to time, we may be involved in legal proceedings and may experience unfavorable outcomes.
  • The construction of our energy-related infrastructure is subject to operational, regulatory, environmental, political, legal and economic risks, which may result in delays, increased costs or decreased cash flows.
  • We expect to be dependent on our primary building contractor and other contractors for the successful completion of our energy-related infrastructure.
  • We are relying on third party engineers to estimate the future rated capacity and performance capabilities of our existing and future facilities, and these estimates may prove to be inaccurate.
  • We may not be able to purchase or receive physical delivery of natural gas in sufficient quantities and/or at economically attractive prices to satisfy our delivery obligations under our commercial agreements, which could have a material adverse effect on our business.
  • We face competition based upon market price for LNG or natural gas.
  • Technological innovation may render our processes obsolete.
  • Changes in legislation and regulations could have a material adverse impact on our business, results of operations, financial condition, liquidity and prospects.
  • Increasing trucking regulations may increase costs and negatively impact our results of operations.
  • Competition in the LNG industry is intense, and some of our competitors have greater financial, technological and other resources than we currently possess.
  • Failure of LNG to be a competitive source of energy in the markets in which we operate, and seek to operate, could adversely affect our expansion strategy.
  • Our risk management strategies cannot eliminate all LNG price and supply risks. In addition, any non-compliance with our risk management strategies could result in significant financial losses.
  • We may experience increased labor costs, and the unavailability of skilled workers or failure to attract and retain qualified personnel could adversely affect us.
  • We may incur impairments to goodwill or long-lived assets.
  • A major health and safety incident involving LNG or the energy industry more broadly or relating to our business may lead to more stringent regulation of LNG operations or the energy business generally, could result in greater difficulties in obtaining permits, including under environmental laws, on favorable terms, and may otherwise lead to significant liabilities and reputational damage.
  • Failure to obtain and maintain permits, approvals and authorizations from governmental and regulatory agencies on favorable terms with respect to the design, construction and operation of our facilities could impede operations and construction and could have a material adverse effect on us.
  • Existing and future environmental, health and safety laws and regulations could result in increased compliance costs or additional operating costs or construction costs and restrictions.
  • We expect that we may incur losses over the next several years and may never achieve or maintain profitability.
  • Our company may need substantial additional funding. If we are unable to raise capital when needed, we would be compelled to delay, reduce or eliminate portions of its existing business operations and development efforts.
  • Raising additional capital may cause dilution to our stockholders or restrict our operations.
  • Following the Share Exchange, the market price of our common stock declined, and we expect the stock price of our common stock to continue to be volatile.
  • If securities analysts do not publish research or reports about our business, or if they publish negative evaluations or recommendations, our share price could decline.
  • We are a “smaller reporting company” and, as a result of the reduced disclosure and governance requirements applicable to smaller reporting companies, our common stock may be less attractive to investors.
  • As a result of the Share Exchange, Casey Crenshaw has voting control over our company.
  • The failure to integrate successfully the businesses of Stabilis Energy, LLC and American Electric in the expected timeframe could adversely affect our future results.
  • We will continue to incur costs and demands upon management as a result of complying with the laws and regulations affecting public companies.
  • If we fail to establish and maintain proper and effective internal control over financial reporting, our operating results and our ability to operate its business could be harmed.
  • In addition to Mr. Crenshaw’s ability to control all matters that require stockholder approval, provisions in our corporate charter documents and under Florida law could make an acquisition of the Company, which may be beneficial to its stockholders, more difficult and may prevent attempts by our stockholders to replace or remove our current management.
  • We do not anticipate that we will pay any cash dividends in the foreseeable future.
  • Our present and future success depends on key members of our management team and certain employees and our ability to retain such key members, the loss of any of whom could disrupt our business operations.
  • Our success will also depend on pre-existing relationships with third parties, which relationships may be affected by the Share Exchange. Any adverse changes in these relationships could adversely affect our business, financial condition or results of operations.
Management Discussion
  • Stabilis Energy, Inc.
  • The Company’s revenues are derived from two operating segments: LNG and Power Delivery. The Company evaluates the performance of its segments based primarily on segment operating income.
  • Our LNG segment supplies LNG to the industrial, midstream, and oilfield sectors in North America and provides turnkey fuel solutions to help users of propane, diesel and other crude-based fuel products convert to LNG.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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