Natural Gas Services Group

Natural Gas Services Group, Inc. engages in the provision of natural gas compression equipment and services to the energy industry. It offers compressor rental services, engineered products, design and sales, rebuild and exchange, parts, WellMaker, CiP, and flare systems. The company was founded on December 17, 1998 and is headquartered in Midland, TX.

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Natural Gas Services Group reports robust Q4 performance amidst growth focus

Natural Gas Services Group demonstrated strong financial performance in Q4 2022, driven by revenue growth and improved rental margins. While facing challenges related to SG&A expenses, the company remains focused on growth opportunities in the energy market and aims to optimize CapEx returns for enhanced shareholder value.

Natural Gas Services Group excels in Q1, poised for growth

NGS delivered robust financial performance, capitalized on growth opportunities, and navigated challenges effectively in Q1 2023.
Strategic initiatives to expand equipment fleet, secure contracts, and reassess board composition underscore NGS's commitment to long-term success.
With a focus on operational efficiency, revenue diversification, and prudent risk management, NGS is well-positioned for sustained growth and value creation.

Natural Gas Services Group posts robust Q2 results amid market optimism

NGS delivered strong financial results in Q2 2023, driven by rental revenue growth and improved margins, despite some challenges in sales revenues and increased SG&A expenses.
The company's focus on large horsepower assets, operational efficiency, and market optimism position it well for sustained growth and profitability.
Addressing investor concerns on capital planning, cash flow metrics, and return hurdles presents opportunities for NGS to enhance transparency and investor confidence.

Natural Gas Services Group (NGS) reports stellar Q3 performance and eyes strategic growth in 2024

Natural Gas Services Group (NGS) demonstrated robust financial and operational performance in Q3 2023, with significant revenue growth, margin expansion, and operational efficiency gains.
The company's strong cost management, increased credit line, and growth capital plans position NGS well for future expansion and strategic investments in 2024.
While facing potential challenges from external factors and growth management, NGS can leverage its strengths to capitalize on opportunities for market expansion, innovation, and sustained profitability.

Natural Gas Services Group (NGS) reports strong Q4 performance and growth opportunities

NGS delivered a strong performance in Q4 2023, showcasing financial strength, operational excellence, and growth potential.
Despite challenges in debt management and operational efficiency, the company remains confident in its strategies and market positioning.
With a focus on customer value, safety, and financial discipline, NGS is well-positioned to capitalize on growth opportunities and drive shareholder value.
The company's positive outlook, commitment to growth, and market reception signal a promising trajectory for future success and expansion.

Natural Gas Services Group (NGS) excels in Q1 2024 earnings, sets ambitious EBITDA guidance

NGS delivered robust financial results in Q1 2024, marked by strong revenue growth and improved profitability metrics. With a positive market outlook and strategic growth plans in place, the company is poised for continued success. However, challenges in maintaining margins and addressing industry shifts require careful consideration and proactive strategies.

Natural Gas Services Group (NGS) reports robust Q2 performance and growth outlook

NGS's Q2 earnings call highlighted strong financial performance, growth outlook, and strategic initiatives.
The company's focus on technology, customer relationships, and expansion sets a positive trajectory for future success.
While challenges in procurement and market competition exist, NGS is well-positioned to leverage opportunities for growth.
Overall, NGS's performance, strengths, and opportunities signal a promising outlook for stakeholders and investors.

Natural Gas Services Group posts robust Q3 results, eyes growth

Natural Gas Services Group (NGS) delivered strong financial results in Q3 2024, with notable revenue and EBITDA growth, supported by strategic initiatives.
The company's focus on fleet optimization, M&A, and maintaining financial targets underscores its commitment to sustainable growth and value creation.
While facing challenges in margin management and CapEx allocation, NGS is well-positioned to capitalize on opportunities in the compression services market.

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Natural Gas Services Group, Inc. engages in providing natural gas compression equipment and services to the energy industry. It also designs, fabricates, and manufactures compressor units both for sale and rental to customers. The company was founded on December 17, 1998 and is headquartered in Midland, TX.

Midland, Texas, March 26, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of natural gas compression equipment, technology and services to the energy industry, will host a conference call to review fourth-quarter and fiscal 2023 financial results on Tuesday, April 2, 2023 at 8:30 a.m. (EST), 7:30 a.m. (CST). A news release containing these results will be issued on Monday, April 1st, after the close of the market.

Natural Gas Services Group, Inc. Announces 4th Quarter and Fiscal 2023 Earnings Conference Call

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Natural Gas Services Group has strong price movement and improved future cash flows from strategic investments. NGS specializes in compression services and equipment for the U.S. energy sector, focusing on the rental of compression units. The company is currently undervalued due to improved expected cash flows from investments resulting in a buy rating.

Natural Gas Services Group: Undervalued Even After The Recent Price Surge

Natural Gas Services Group, Inc. (NYSE:NGS ) Q3 2023 Earnings Conference Call November 15, 2023 11:00 AM ET Company Participants Anna Delgado - IR Steve Taylor - Chairman and Interim CEO John Bittner - CFO Conference Call Participants Tate Sullivan - Maxim Group Rob Brown - Lake Street Capital Markets Tim O'Toole - TETRA Capital Operator Good morning, ladies and gentlemen, and welcome to the Natural Gas Services Group Inc. Quarter 3, 2023 Earnings Call. [Operator Instructions] I would now like to turn the call over to Ms.

Natural Gas Services Group, Inc. (NGS) Q3 2023 Earnings Call Transcript

Midland, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Third Quarter 2023 Highlights

Natural Gas Services Group, Inc. Reports its Third Quarter 2023 Financial and Operating Results

Midland, Texas, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of natural gas compression equipment, technology and services to the energy industry, will host a conference call to review third-quarter 2023 financial results on Wednesday, November 15, 2023 at 10:00 a.m. (CST), 11:00 a.m. (EST).

Natural Gas Services Group, Inc. Announces Third Quarter 2023 Earnings Call

Midland, Texas, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS) (the "Company" or "NGS"), a leading provider of natural gas compression equipment, technology and services to the energy industry, announced today the appointment of energy industry veteran Georganne Hodges to its Board of Directors, effective October 26, 2023.

Natural Gas Services Group, Inc. Announces the Addition of a New Director to its Board of Directors

Midland, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS) (the “Company” or “NGS”), a leading provider of gas compression equipment, technology and services to the energy industry, announced today that it has appointed industry veteran Brian L. Tucker to the position of President and Chief Operating Officer of the Company.

Natural Gas Services Group, Inc. Announces Appointment of Brian L. Tucker as President and Chief Operating Officer

Natural Gas Services Group has delivered double-digit sales growth and management expects further improvement. Diversification of compressors and geographical expansion outside the Permian Basin could drive stock price increases. NGS's balance sheet is solid, but risks include supply chain issues, crude price volatility, and covenant agreements.

Natural Gas: Compressor Diversification And Geographic Expansion Make It A Buy

Natural Gas Services Group, Inc. (NYSE:NGS ) Q2 2023 Earnings Conference Call August 15, 2023 11:00 AM ET Company Participants Anna Delgado - Investor Relations Steve Taylor - Chairman and Interim President and Chief Executive Officer Conference Call Participants Rob Brown - Lake Street Capital Hale Hoak - Hoak & Company Kyle Krueger - Apollo Capital Operator Good morning, ladies and gentlemen, and welcome to the Natural Gas Services Group, Inc. Quarter Two 2023 Earnings Call. At this time, all participants are in listen-only mode.

Natural Gas Services Group, Inc. (NGS) Q2 2023 Earnings Call Transcript

Midland, Texas, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Second Quarter 2023 Highlights

Natural Gas Services Group, Inc. Reports Second Quarter 2023 Financial and Operating Results

Midland, Texas, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of gas compression equipment and services to the natural gas industry, will host a conference call to review second-quarter 2023 financial results on Tuesday, August 15, 2023 at 10:00 a.m. (CDT), 11:00 a.m. (EDT).

Natural Gas Services Group Inc. Announces Second-Quarter 2023 Earnings Call

Natural Gas Services has kept its compressor units and horsepower stable in Q1 despite energy pricing challenges and has increased its FY2023 capital budget, indicating confidence in future growth. Despite a steep fall in natural gas prices and inflationary pressures, NGS's debt-to-equity ratio remains low and it has addressed corporate governance issues, making the stock relatively undervalued compared to its peers. NGS has secured contracts worth $20m-$25m in Q1 and accelerated its build schedule, but the cost of new natural gas compression equipment is rising, potentially impacting the future.

Natural Gas Services Pushes Ahead Despite The Headwinds

Midland, Texas, July 05, 2023 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE:NGS), a leading provider of natural gas compression equipment and services to the energy industry, announced that Stephen C. Taylor has agreed to continue to serve as Interim Chief Executive Officer and President of the Company until the earlier of December 31, 2023, or the appointment of a successor and that Donald J. Tringali has been appointed Lead Independent Director, succeeding director David L. Bradshaw in the role.

Natural Gas Services Group, Inc. Announces Extension of Interim Chief Executive Officer Tenure and Appointment of Lead Independent Director

Natural Gas Services Group, Inc. (NYSE:NGS ) Q1 2023 Earnings Conference Call May 16, 2023 11:00 AM ET Company Participants Anna Delgado – Production Coordinator Steve Taylor – Chairman, Interim Chief Executive Officer and President Conference Call Participants Rob Brown – Lake Street Capital Alejandro Nuno – Maxim Hale Hoak – Hoak & Co. Kyle Krueger – Apollo Capital Operator Good morning, ladies and gentlemen, and welcome to the Natural Gas Services Group Incorporated Quarter One 2023 Earnings Call. At this time, all participants are in listen-only mode.

Natural Gas Services Group, Inc. (NGS) Q1 2023 Earnings Call Transcript

Midland, TX, May 15, 2023 (GLOBE NEWSWIRE) -- First Quarter 2023 Highlights

Natural Gas Services Group, Inc. Reports First Quarter 2023 Financial and Operating Results

Midland, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS), announced today it intends to host its first quarter 2023 earnings conference call on Tuesday, May 16, 2023 at 11:00AM EDT (10:00AM CDT).

Natural Gas Services Group, Inc. Announces Q1 2023 First Quarter Reporting and Earnings Call

Midland TX, May 01, 2023 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS) (the “Company”), a leading provider of gas compression equipment and services in the energy industry, today announced that it has entered into a cooperation agreement with affiliated entities of Mill Road Capital (“Mill Road”), which currently owns approximately 7.3% of the Company's outstanding common shares. Under the agreement, the Company appointed Justin C. Jacobs and Donald J. Tringali to its Board of Directors (the “Board”) and agreed to include Messrs. Jacobs and Tringali as part of the Company's slate of nominees for election to the Board at the 2023 annual meeting of shareholders, which is scheduled to be held on June 15, 2023. Stephen Taylor, interim CEO and President, will be nominated by the Company to continue his service on the Board.   The Company also announces today that Leslie A. Beyer has informed the Board of her decision to resign.  With the appointment of Messrs. Jacobs and Tringali, the Board has as of today filled the two existing vacancies.

Natural Gas Services Group, Inc. Announces Cooperation Agreement with Mill Road Capital

Natural Gas Services Group, Inc. (NYSE:NGS ) Q4 2022 Results Conference Call April 3, 2023 10:00 AM ET Company Participants Alicia Dada - Investor Relations Steve Taylor - President and Interim Chief Executive Officer Conference Call Participants Rob Brown - Lake Street Capital Tate Sullivan - Maxim Group Justin Jacobs - Mill Road Capital Hale Hoak - Hoak & Co. Operator Good morning, and welcome to Natural Gas Services Group Inc.'s Fourth Quarter 2022 Earnings Conference Call. All participants are in a listen-only mode.

Natural Gas Services Group, Inc. (NGS) Q4 2022 Earnings Call Transcript

Midland, Texas, March 31, 2023 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS) (the "Company" or "NGS"), a leading provider of gas compression equipment and services to the energy industry, announces it's upcoming Earnings Call and its financial results for the three months and full year ended December 31, 2022. The Earnings call will be hosted on Monday, April 3, 2023 at 9:00 a.m. (CST), 10:00 a.m. (EST).

Natural Gas Services Group, Inc. Announces Upcoming Earnings Call and Full Year and Fourth Quarter 2022 Earnings

Midland, Texas, March 21, 2023 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS), announced today that it is rescheduling its earnings conference call for the fourth quarter and full year of 2022 to allow the Company to complete its 2022 audit for the 10-K. The call was originally scheduled for Thursday, March 23, 2023 at 11:00 a.m. Eastern.

Natural Gas Services Group, Inc. Announces Rescheduling of Conference Call for Fourth Quarter and Full Year 2022 Results

Midland, Texas, March 20, 2023 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of gas compression equipment and services to the natural gas industry, will host a conference call to review fourth-quarter and full-year 2022 financial results on Thursday, March 23, 2023 at 10:00 a.m. (CDT), 11:00 a.m. (EDT).

Natural Gas Services Group Inc. to host Fourth-Quarter and Full-Year 2022 Earnings Call

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Midland, TX, Jan. 17, 2023 (GLOBE NEWSWIRE) -- On December 29, 2022 and January 11, 2023, J. Hale Hoak of Hoak & Co. (“Hoak”) sent letters to our Interim Chief Executive Officer, Steve Taylor and in connection therewith, Hoak publicly filed the letters with its Schedule 13D filings dated December 30, 2022 and January 11, 2023.  According to Hoak's filings, it owns approximately 9.3% of the outstanding shares of common stock of Natural Gas Services Group, Inc. (the “Company”).  The letters, among other things, requests that the Company call off its permanent CEO search, consider adding directors to its Board, explore a sale or merger of the Company and use debt to fund growth opportunities.

Natural Gas Services Group, Inc. Responds to Shareholder Concerns and Provides Initiative Updates

Following many tough years for the natural gas industry, the future outlook turned bullish in 2022 as Europe replaces its Russian supply. Natural Gas Services is perfectly capitalized to take advantage of this rising tide, unlike many of its peers.

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