Stabilis Solutions, Inc.

Welcome to the Stabilis Solutions fourth quarter and full year 2024 earnings conference call. At this time, all participants have been placed on a listen-only mode and the floor will be open for your questions following the presentation. If you would like to ask a question at that time, please press star 1 on your telephone keypad. If at any point your question has been answered, you may remove yourself from the queue by pressing star two. So others can hear your questions clearly, we ask that you pick up your headset for best sound quality. Lastly, if you should require operator assistance, please press star zero. I would now like to turn the call over to Andy Pujala, Chief Financial Officer. Mr. Pujala, please go ahead.

Good morning, and welcome to Stabilis Solutions' fourth quarter and full year 2024 results conference call. I'm Andy Pujala, Senior Vice President and CFO of Stabilis, and joining me today is our Executive Chairman and Interim President and CEO, Casey Crenshaw. We issued a press release after the market closed yesterday detailing our fourth quarter and full year operational and financial results. This release is publicly available in the investor relations section of our corporate website at stabilis-solutions.com. Before we begin, I'd like to remind everyone that today's conference call will contain forward-looking statements within the meaning of the Private Securities Reform Act of 1995 and other securities laws. These forward-looking statements are based on the company's expectations and beliefs as of today, February 26, 2025. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected. The company undertakes no obligation to provide updates or revisions to the forward-looking statements made in today's call. Additional information concerning factors that could cause those differences is contained in our filings with the SEC and in the press release announcing our results. Investors are cautioned not to place undue reliance on any forward-looking statements. Further, please note that we may refer to certain non-GAAP financial information on today's call. You can find reconciliations of the non-GAAP financial measures to the most comparable GAAP measures in our earnings press release. Today's call is being recorded and will be available for replay. With that, I'll hand the call over to Casey Crenshaw for his remarks.

Thank you, Andy, and good morning to everyone joining us on the call. 2024 was a strong year operationally for Stabilis, one in which our team continued to build a leading last-mile LNG solutions platform equipped for long-term value creation. I'm pleased with much of the progress we made these last few years, from our expanded commercial teams to our increased operational efficiency and improved capital structure. Over the past year, we prioritized asset optimization and operational efficiency, laying the foundation for future growth by strengthening our position to secure new contracts and customers. When we founded Stabilis in 2013, we recognized that while many industries were more than willing to adopt LNG as a lower cost, clean burning fuel, they simply had no way of securing a reliable supply of it in local markets. Customers wanted a reliable product and needed a reliable solution. More than a decade later, we built one of the leading last-mile LNG solution platforms in the United States, one with the ability to provide LNG to both domestic and international customers. While our growth trajectory will not be and has not been linear, we have the capabilities technical know-how, and relationships to scale the business in the years ahead, building on the momentum we've generated to date. In recent years, Stabilis has executed on a strategy that prioritized operational efficiency and disciplined capital allocation, consistent with our long-term focus on value creation. Entering 2025, we remain committed to this strategy, but we will prioritize growth within a handful of high potential markets, including marine, aerospace, and distributed power solutions. To that end, during 2024, we invested the majority of our capex in growth-related investments with a particular focus on expanding our infrastructure and presence along the U.S. Gulf Coast as we scale to serve both new and existing customers. We're reinvesting ahead of further growth and demand for small-scale LNG, just as we've done over the past decade. We want to thank Westy for his contributions over the last three and a half years and wish him success as he embarks on the next chapter of his career. But be assured the company has strong and deep knowledge of the business and the opportunities to grow it. an excellent management team, and an amazing group of talented and dedicated team members that look forward to executing on our strategy. I'm excited to resume the role of CEO and look forward to leading Stabilis. With that, I will turn the call over to Andy to review our financial performance.