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Kodiak Gas Services Inc
NYSE:KGS

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Kodiak Gas Services Inc
NYSE:KGS
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Price: 47.38 USD 0.7% Market Closed
Market Cap: 4.1B USD

Kodiak Gas Services Inc
Investor Relations

Kodiak Gas Services Inc. stands as a crucial player in the oil and gas sector, providing indispensable contract compression services. The company specializes in natural gas compression, a process vital for transporting and storing natural gas. This service is essential for maintaining pressure and ensuring the steady flow of gas through pipelines, from extraction points to end-users. Kodiak's operations are deeply integrated into the supply chain of natural gas, serving major oil producers by supplying and maintaining compression equipment. These operations ensure that the natural gas extracted from wells is adequately pressurized, enabling efficient transportation and maximizing output.

Earnings for Kodiak largely stem from long-term service agreements, which offer stability and predictability in revenue streams. By contracting out equipment along with specialized, on-site maintenance teams, Kodiak ensures optimal performance and uptime for its clients’ compression needs. Their business model thrives on the operational excellence and reliability it provides; in an industry where downtime equals financial loss, Kodiak's services are indispensable. Through these strategic partnerships and service agreements, Kodiak has positioned itself as a growth-oriented company, consistently expanding its footprint by adapting its offerings to meet the evolving needs of its clients in the energy sector.

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Earnings Calls

2024 Q3
Nov 7, 2024
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Kodiak Gas Services Reports Strong Q3 Results with Increased Revenue and Improved Margins
2024 Q3
Nov 7, 2024

In Q3, Kodiak Gas Services achieved total revenues of $325 million, up 5% sequentially, driven by strong performance in Other Services and steady gains in Contract Services. Despite a net loss of $6.2 million impacted by noncash items, adjusted EBITDA rose 9% to $168 million, boosting margins to 52%. The company increased guidance, now expecting full-year revenues between $1.15 billion and $1.18 billion, with adjusted EBITDA between $600 million and $610 million. Looking ahead, Kodiak anticipates adjusted EBITDA of $675 million to $725 million for 2025. The dividend remains secure at $0.41 per share, reflecting confidence in cash flows and ongoing growth.

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Management

Mr. Robert M. McKee
CEO, President & Director
No Bio Available
Mr. John B. Griggs
Executive VP & CFO
No Bio Available
Mr. William Lenamon
Executive VP & COO
No Bio Available
Mr. Ewan W. Hamilton
Executive VP & Chief Accounting Officer
No Bio Available
Mr. Pedro R. Buhigas
Executive VP & Chief Information Officer
No Bio Available
Graham Sones
Vice President of Investor Relations
No Bio Available
Ms. Kelly M. Battle
Executive VP, Chief Legal Officer, Chief Compliance Officer & Corporate Secretary
No Bio Available
Mr. Jason Stewart
Executive VP of Corporate Development & Treasurer
No Bio Available
Ms. Cory Roclawski
Executive VP & Chief Human Resource Officer
No Bio Available
Ms. Carrie Hodgins
Executive Vice President of Environment, Health & Safety
No Bio Available

Contacts

Address
TEXAS
Montgomery
15320 Highway 105 W, Suite 210
Contacts
+19365393300