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In a market that continues to challenge investors, SLNG stock has marked a new 52-week low, dipping to $3.75. According to InvestingPro analysis, the stock's RSI indicates oversold territory, while the company maintains healthy fundamentals with a current ratio of 1.5. This latest price level reflects the ongoing volatility and investor sentiment surrounding the company's performance and broader market trends. Despite the broader economic headwinds, SLNG's current position contrasts with the 1-year change data for American Electric (NASDAQ:AEP) Tech, which shows a relatively modest year-over-year decline of 0.74%. This suggests that while SLNG is facing immediate pressures, the overall sector may be experiencing more nuanced shifts. The stock appears undervalued based on InvestingPro's Fair Value analysis, with seven additional ProTips available to subscribers. Investors are closely monitoring these developments as they assess the potential for recovery and long-term growth, particularly given the company's strong five-year return track record.
In other recent news, Stabilis Solutions reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of $0.12, which significantly exceeded the forecasted $0.05. However, the company experienced a revenue shortfall, with actual revenue at $17.29 million against an expected $18.28 million. Despite this, the company reported a full-year revenue of $73.3 million, marking a slight increase from the previous year. Stabilis Solutions also achieved a full-year adjusted EBITDA of $11.8 million, indicating substantial improvement from $6.8 million in 2023.
Additionally, Stabilis Solutions has extended its revolving credit facility's maturity date with Cadence Bank to June 2028, providing the company with increased financial flexibility. This move is part of the company's broader strategy to strengthen its financial position. The company is focusing on expanding its LNG capabilities, particularly in marine bunkering and aerospace sectors, which are experiencing increased adoption.
Furthermore, Stabilis Solutions plans to invest $20-$25 million in a new LNG train to meet the growing demand for small-scale LNG solutions. The company remains committed to strategic growth platforms, including marine bunkering, aerospace, and distributed power solutions, as they enter 2025.
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