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Stabilis Solutions Inc (NASDAQ:SLNG) surged during Thursday’s session before pulling back in after-hours trading after the company disclosed the termination of a key LNG supply agreement.
SLNG closed the regular session up 4.29% at $4.62 but fell 11.66% after hours to $4.08.
Overview
Stabilis Solutions is a clean energy company focused on providing liquefied natural gas (LNG) solutions across North America. The stock has traded between a 52-week low of $3.21 and a high of $6.36.
Contract Termination
The company said it terminated a previously announced 10-year LNG supply agreement tied to its proposed Galveston liquefaction facility, according to a Form 8-K filed Thursday, for an …
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