Kodiak Gas Services Inc

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Kodiak Gas Services, Inc. engages in the operation of contract compression infrastructure. It operates through the Compression Operations and Other Services. Compression Operations and Other Services. The Compression Operations segment consists of operating company-owned and customer-owned compression infrastructure for customers, pursuant to fixed-revenue contracts to enable the production, gathering and transportation of natural gas and oil. The Other Services segment offers a full range of contract services to support the needs of their customers, including station construction, maintenance and overhaul, and other ancillary time and material based offerings. The company was founded by Mickey McKee on December 19, 2018 and is headquartered in Montgomery, TX.

Kodiak Gas Services, Inc. (NYSE:KGS ) Q1 2024 Earnings Conference Call May 9, 2024 11:00 AM ET Company Participants Graham Sones - Investor Relations Mickey McKee - President and Chief Executive Officer John Griggs - Chief Financial Officer Conference Call Participants John Mackay - Goldman Sachs Neal Dingmann - Truist Securities Zack Van Everen - TPH Bill Austin - Daniel Energy Partners Operator Greetings, and welcome to the Kodiak Gas Services First Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Kodiak Gas Services, Inc. (KGS) Q1 2024 Earnings Call Transcript

THE WOODLANDS, Texas , May 8, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE: KGS) ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today reported financial and operating results for the quarter ended March 31, 2024 and also updated full-year 2024 guidance. First quarter 2024 results do not include any contribution from the Company's acquisition of CSI Compressco ("CSI") that closed on April 1, 2024.

Kodiak Gas Services Announces First Quarter 2024 Results Including Record Adjusted EBITDA; Increases Full Year 2024 Guidance

THE WOODLANDS, Texas , May 2, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE: KGS), ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today announced that its board of directors has declared a cash dividend of $0.38 per share of common stock for the first quarter of 2024 (the "Common Stock Dividend"). This Common Stock Dividend will be paid on May 20, 2024 to all stockholders of record as of the close of business on May 13, 2024.

Kodiak Gas Services Announces Quarterly Dividend of $0.38 per Share of Common Stock

TETRA Technologies

First quarter revenue of $151 million increased 3% year-over-year. First quarter net income was $915,000 and net income per share attributable to TETRA stockholders was $0.01.

TETRA TECHNOLOGIES, INC. ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS

THE WOODLANDS, Texas , April 24, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE: KGS) ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today announced that it will release 2024 first quarter financial results on Wednesday, May 8, 2024 after the market closes.  In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Thursday, May 9, 2024 at 11:00 a.m.

Kodiak Gas Services Announces 2024 First Quarter Earnings Release and Conference Call Schedule

FlexShares International Quality Dividend Index Fund

FlexShares International Quality Dividend Dynamic Index Fund

Kronos Worldwide

M.D.C. Holdings

VictoryShares Free Cash Flow ETF

Ahead of World Health Day on Apr 7, 2024, we prescribe 3 high-quality ETFs and stocks that may offer you solid gains in the current tumultuous market conditions.

3 High-Quality ETFs & Stocks Prescribed Ahead of Health Day

Matrix Service

Oil States International

Profire Energy

Lower equipment demand and significant debt exposures are matters of concern, making the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry gloomy. Kodiak Gas (KGS), Oil States, (OIS), Matrix Service (MTRX) and Profire Energy (PFIE) are trying to survive industry challenges.

4 Oil & Gas Equipment Stocks to Watch Amid Industry Challenges

THE WOODLANDS, Texas , April 1, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE: KGS) ("Kodiak" or the "Company") today announced that it has completed its acquisition of CSI Compressco LP ("CSI Compressco"), creating the industry's largest contract compression fleet. "We are excited to complete this transaction and welcome the talented CSI Compressco team to Kodiak," stated Mickey McKee, Kodiak's founder and Chief Executive Officer.

Kodiak Gas Services, Inc. Announces Completion of CSI Compressco LP Acquisition

Kodiak Gas (KGS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Kodiak Gas (KGS) a New Buy Stock

Kodiak Gas Services, Inc. (KGS) Q4 2023 Earnings Call Transcript

THE WOODLANDS, Texas , March 6, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE: KGS) ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today reported financial and operating results for the fourth quarter and full year ended December 31, 2023 and also provided full-year 2024 guidance. Fourth  Quarter 2023 Highlights Total revenues for fourth quarter 2023 were $226.0 million compared to $179.8 million for fourth quarter 2022.

Kodiak Gas Services Reports Fourth Quarter and Full Year 2023 Results; Achieves Record Annual Revenues and Adjusted EBITDA; Provides Full Year 2024 Guidance

CSI Compressco

MONTGOMERY, Texas and THE WOODLANDS, Texas , Feb. 21, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. ("Kodiak" or the "Company") (NYSE: KGS) and CSI Compressco LP (the "Partnership") (NASDAQ: CCLP) today announced that, following the Securities and Exchange Commission declaring effective the Registration Statement on Form S-4/A (Registration No. 333-276508) on February 20, 2024, certain of the Partnership's unitholders have delivered written consents approving the Agreement and Plan of Merger, dated December 19, 2023 by and between Kodiak, the Partnership, CSI Compressco GP LLC (the "General Partner") and certain of their respective affiliates (the "Merger Agreement").

Kodiak Gas Services, Inc. Announces Receipt of Consents to the Merger Agreement from Supporting Unitholders

MONTGOMERY, Texas , Feb. 20, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE: KGS), ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today announced that it will release 2023 fourth quarter and full year financial results on Wednesday, March 6, 2024 after the market closes.  In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Thursday, March 7, 2024 at 11:00 a.m.

Kodiak Gas Services Announces 2023 Fourth Quarter and Full Year Earnings Release, Conference Call Schedule and Expected Mailing Date of Consent Statement/Prospectus

MONTGOMERY, Texas , Jan. 30, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE: KGS) ("Kodiak", "we" or the "Company") today announced that its wholly owned subsidiary, Kodiak Gas Services, LLC (the "Issuer"), priced its previously announced private offering (the "Offering") of $750 million in aggregate principal amount of 7.250% senior unsecured notes due 2029 (the "Notes"). The Notes will have a maturity date of February 15, 2029.

Kodiak Gas Services Announces Pricing of $750 Million Senior Unsecured Notes Offering

MONTGOMERY, Texas , Jan. 29, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE: KGS) ("Kodiak", "we" or the "Company") today announced that its wholly owned subsidiary, Kodiak Gas Services, LLC (the "Issuer") has launched a private offering (the "Offering") of $750 million in aggregate principal amount of senior unsecured notes due 2029 (the "Notes"). The Issuer intends to use the net proceeds from the Offering to repay a portion of the outstanding indebtedness under the Issuer's revolving asset-based loan credit facility (the "ABL Facility") and to pay related fees, costs, premiums and expenses in connection therewith and with the closing of the Company's previously announced acquisition of CSI Compressco LP (the "CSI Acquisition").

Kodiak Gas Services Announces Launch of $750 Million Senior Unsecured Notes Offering

Coinbase

Wayfair

COIN, W and KGS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 23, 2023.

Best Momentum Stocks to Buy for January 23rd

International Consolidated Airlines Group SA

UiPath

W, KGS, ICAGY, COIN and PATH have been added to the Zacks Rank #1 (Strong Buy) List on January 23, 2023.

New Strong Buy Stocks for January 23rd

Arcos Dorados Hlds

EnerSys

ARCO, ENS and KGS made it to the Zacks Rank #1 (Strong Buy) growth stocks list on January 23, 2023.

Best Growth Stocks to Buy for January 23rd

Steelcase

ICAGY, KGS and SCS made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 23, 2023.

Best Value Stocks to Buy for January 23rd

All-equity acquisition to create the industry's largest contract compression fleet of 4.3 million revenue-generating horsepower Deepens Kodiak's position in key operating areas, including over 2.8 million horsepower in the Permian Basin Expected annual run-rate cost synergies of at least $20 million CSI Compressco unitholders will receive 0.086 shares of Kodiak common stock for each CSI Compressco common unit owned, representing a price of approximately $1.65 per unit based on the closing price of Kodiak's stock on December 18, 2023 Kodiak shareholders will realize immediate accretion to Discretionary Cash Flow and Free Cash Flow per share upon closing Transaction benefits to CSI Compressco unitholders include a significantly increased dividend, greater stock trading liquidity and significant opportunities for long-term value appreciation Kodiak to host a conference call on December 19, 2023 at 9:00 a.m. ET / 8:00 a.m.

Kodiak Gas Services, Inc. to Acquire CSI Compressco LP in an $854 Million All-Equity Transaction

ARM Holdings PLC

Birkenstock Holding Plc

Instacart (Maplebear Inc.)

Cava Group, Inc.

Fidelis Insurance Holdings Ltd

Savers Value Village Inc

Arm Holdings and Instacart contributed to the weak 2023 IPO market with generally disappointing debuts in September. We revisit four mid-year IPOs with important lock-up expiration dates in late December. Chatter persists that several large companies may look to go public during the first half of 2024.

Looking Back On A Chilly Year For IPOs, And Why 2024 Could Warm The Waters

MONTGOMERY, Texas , Nov. 8, 2023 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE: KGS) ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today reported financial and operating results for the quarter ended September 30, 2023 and also updated full-year 2023 guidance. Third Quarter 2023 Highlights Total revenues were $231.0 million compared to $182.6 million in the third quarter of 2022 Core Compression Operations segment revenues grew 14% over last year's third quarter and 3% sequentially Net income was $21.8 million compared to net income of $45.9 million in the third quarter of 2022 Adjusted EBITDA(1) was $110.1 million compared to $101.5 million in the third quarter of 2022 Horsepower utilization ended the third quarter of 2023 at 99.9% Updated full-year 2023 Adjusted EBITDA guidance to $430 to $440 million Initiated quarterly dividend of $0.38 per share, to be paid on November 10, 2023 Mickey McKee, Kodiak's founder and Chief Executive Officer, stated, "Our third quarter financial results were highlighted by record quarterly revenues and adjusted EBITDA, margin expansion in our Compression Operations segment and strong revenue growth in each of our segments.

Kodiak Gas Services Announces Third Quarter 2023 Results Including Record Quarterly Revenues and Adjusted EBITDA; Updates Full Year 2023 Guidance

Kodiak Gas Services has a high valuation and potential for a decrease in share price. The Company operates in the oil and gas industry, providing compression infrastructure services. There is a growing demand for natural gas and energy supplies, but KGS may not be at the right price for investment.

Kodiak Gas Services: Propped Up Valuation Waiting To Be Cut

Announces 2023 Third Quarter Earnings Release and Conference Call Schedule MONTGOMERY, Texas , Oct. 24, 2023 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE: KGS), ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today announced that its board of directors has declared Kodiak's first quarterly cash dividend of $0.38 per share of common stock, or $1.52 per share of common stock on an annualized basis, for the third quarter of 2023. This cash dividend will be paid on November 10, 2023 to all stockholders of record as of the close of business on November 3, 2023.

Kodiak Gas Services Initiates Quarterly Dividend of $0.38 per Share of Common Stock

CECO Environmental Corp

Gatos Silver

Helios Technologies Inc

Ivanhoe Electric Inc / US

Mirum Pharmaceuticals Inc

Obsidian Energy Ltd

While enterprises with diminutive market capitalizations tend to be high-risk, high-reward ventures, you can shift the odds in your favor with small-cap stocks with buy ratings. Thanks to the nod from Wall Street experts, you can feel a little bit more comfortable with the speculative step that you're taking.

7 Small-Cap Stocks That Get the Nod from Wall Street

News for Kodiak Gas Services Inc Stock (KGS)