NGS Research | Milton Maxwell

NGS

Natural Gas Services Group, Inc.

32.48

-0.86-2.58%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

FY Q3 '25

11/10/25Nov 10, 2025

Key Stats

Market Cap

408.24M

P/E (TTM)

22.10

Basic EPS (TTM)

1.47

Dividend Yield

Recent Filings

8-K

Record Q3, raised guidance

11/12/25Nov 12, 2025

Natural Gas Services Group reported record Q3 results on November 11, with rental revenue at $41.5 million (up 11.1% YoY), adjusted EBITDA of $20.8 million (up 15% YoY), rented horsepower at 526,000 (up 11% YoY), and utilization hitting 84.1%. They raised 2025 adjusted EBITDA guidance to $78-$81 million and hiked the Q4 dividend to $0.11 per share. Growth capex stays high at $95-$110 million.

8-K

11/10/25Nov 10, 2025

10-Q

11/10/25Nov 10, 2025

8-K

Record Q2 EBITDA, raised guidance

8/13/25Aug 13, 2025

Natural Gas Services Group crushed Q2 with record $19.7M adjusted EBITDA, up 43% year-over-year, fueled by 499,000 rented horsepower at 83.6% utilization and rental revenue of $39.6M. They raised 2025 adjusted EBITDA guidance to $76-80M while launching a quarterly dividend and opportunistic share repurchases. Brian Tucker exits as president and COO by October 2025 due to family reasons. Fleet growth outpaces peers.

10-Q

Q2 FY2025 results

8/11/25Aug 11, 2025

NGS posted solid Q2 results through June 30, 2025, with rental revenue up 13.3% y/y to $39.6M on 9.7% higher rented horsepower (498,651 hp, 83.6% utilization), driving operating income up 16.7% y/y to $9.9M and diluted EPS up 20.6% y/y to $0.41 (reconciles to 12,625 diluted shares). Total revenue rose 7.5% y/y to $41.4M while YTD figures show 9.8% revenue growth to $82.8M and 9.1% EPS growth to $0.80. Fleet grew to $447M net amid $45M capex, offset by $32M operating cash flow. Debt climbed to $182M under an amended $400M facility (7.23% rate, $172M available), with $0.3M cash. Oxy drove 47% YTD revenue. Reliance on major customers poses risks.

About

Natural Gas Services Group, Inc. provides natural gas compression equipment, technology, and services to the energy industry in the United States. The company rents, operates, and maintains natural gas compressors for oil and gas production and processing facilities. It also designs and assembles compressor units for rental; and designs, assembles, and sells compressor components, proprietary compressor frames, and cylinders and parts. In addition, the company provides aftermarket services for its compressors; and exchange and rebuild program for small horsepower screw compressors. Natural Gas Services Group, Inc. was incorporated in 1998 and is headquartered in Midland, Texas.

CEO

Mr. Justin C. Jacobs

IPO

10/22/2002

Website

https://www.ngsgi.com

Employees

245

Sector

Energy

Industry

Oil & Gas Equipment & Services