Stock events for Natural Gas Services Group, Inc. (NGS)
Over the past six months, Natural Gas Services Group, Inc. (NGS) stock has seen significant growth, increasing by 50.79%. Key events impacting the stock include the Q2 2025 earnings report where NGS reported an EPS of $0.41, beating analyst estimates, the initiation of a quarterly dividend, a leadership transition with Stephen C. Taylor transitioning to Chairman Emeritus and Donald J. Tringali being appointed Chairman of the Board, analyst upgrades from Zacks to "Buy", and Q1 and Q4 2024 earnings conference calls where the company reported significant growth.
Demand Seasonality affecting Natural Gas Services Group, Inc.’s stock price
The demand for Natural Gas Services Group, Inc.'s products and services is closely tied to the natural gas industry, particularly the non-conventional oil and gas production business in the United States. The essential nature of compression equipment for production and transportation, coupled with long-term contracts and overall growth in natural gas demand, suggests that NGS experiences relatively stable and growing demand for its products and services rather than pronounced seasonality.
Overview of Natural Gas Services Group, Inc.’s business
Natural Gas Services Group, Inc. (NGS) is a leading provider of natural gas compression equipment, technology, and services to the energy industry, specializing in the design, manufacture, rental, sale, and maintenance of natural gas compressors, primarily focusing on the non-conventional oil and gas industry. NGS operates within the Producer Manufacturing sector and the Industrial Machinery industry, with major products including wellhead compression equipment and custom-fabricated natural gas compressors and flare systems. The company manufactures a proprietary line of compressor frames, cylinders, and parts known as its Cylinder-in-Plane (CiP) product line and has introduced new, energy-efficient compression units with advanced monitoring and control systems.
NGS’s Geographic footprint
NGS is headquartered in Midland, Texas, with manufacturing facilities in Tulsa, Oklahoma, Lewiston, Michigan, and Midland, Texas. It maintains service facilities in major oil and gas producing basins across the United States, with the Permian Basin being a significant area of activity, where approximately 75% of its equipment by horsepower is located.
NGS Corporate Image Assessment
In the past year, Natural Gas Services Group, Inc. appears to have maintained a positive brand reputation, primarily driven by strong financial performance and strategic growth initiatives. Specific events that have positively impacted its reputation include strong financial results, fleet modernization and expansion, commitment to operational excellence and technological innovation, dividend initiation, and strategic leadership.
Ownership
Natural Gas Services Group, Inc. has 285 institutional owners and shareholders holding a total of 12,389,302 shares, with major institutional owners including Dimensional Fund Advisors Lp and BlackRock, Inc. Justin C. Jacobs, the current CEO, was previously a Managing Director and a member of the management committee of Mill Road Capital Management LLC.
Ask Our Expert AI Analyst
Price Chart
$28.10