Stabilis solutions reports record second quarter revenues
Houston, tx / accesswire / august 4, 2021 / stabilis solutions, inc., ("stabilis" or "the company") (nasdaq:slng), a leading provider of energy transition services including liquefied natural gas ("lng") and hydrogen fueling solutions, today reported its financial results for its second quarter ended june 30, 2021. second quarter and recent events highlights: reported revenues of $16.1 million, the highest second quarter revenues ever reported delivered 13.7 million gallons of lng, a new record for gallons delivered in any quarter acquired lng production facility in port allen, louisiana increasing the company's total lng production capacity by approximately 30% signed memorandum of understanding ("mou") with the port of corpus christi to construct and operate lng marine fueling infrastructure added second gulf coast lng marine fueling location by signing an mou with the galveston wharves for the construction and operation of lng marine fueling infrastructure secured $10 million loan facility to fund working capital growth achieved nasdaq market listing joined russell microcap index second quarter results: for the second quarter ended june 30, 2021, stabilis reported revenues of $16.1 million, the company's highest ever second quarter revenues, which was an $11.0 million or 221% increase from the same period in 2020.
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