J. Casey Crenshaw

“Our second quarter results reflect the building momentum we are seeing across the business. As we discussed on our first quarter call, the first quarter was the low point for the year, coming immediately after two of our largest multi-year contracts concluded at the end of 2025.”

“Our first quarter results reflect the expected transition following the completion of two large multi-year contracts at the end of 2025 that were in our marine and behind-the-meter power generation markets.”

“We closed out 2025 with strong execution as we successfully wound down operations on two major multiyear contracts: our truck-to-ship marine bunkering contract with Carnival Corporation and our contract with a leading global provider of mobile power generation servicing an electrical cooperative in Louisiana.”

“We executed according to plan in the third quarter, capitalizing on continued demand for our integrated last-mile LNG solutions across our markets. Third quarter volume increased by more than 20% year-over-year, driven by strong demand across our growing base of marine, aerospace, and power generation customers.”

“During the second quarter, our teams were sharply focused on operational execution and deepening our customer relationships within our marine, aerospace, and power generation end markets, which, as we've discussed before, are the most promising long-term growth opportunities for the company.”