Welcome to our dedicated page for Kodiak Gas Services news (Ticker: $KGS), a resource for investors and traders seeking the latest updates and insights on Kodiak Gas Services stock.
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Kodiak Gas Services, Inc. (NYSE: KGS) has declared a quarterly cash dividend of $0.38 per share of common stock for the first quarter of 2024. The dividend will be paid on May 20, 2024, to stockholders of record as of May 13, 2024. Additionally, Kodiak Services, , a subsidiary of Kodiak, has declared a distribution of $0.38 per unit for the first quarter of 2024, payable on May 20, 2024, to unitholders of record as of May 16, 2024.
TETRA Technologies, Inc. announced first quarter 2024 financial results with a revenue increase of 3% year-over-year to $151 million. Net income was $915,000 with Adjusted EBITDA up 11% to $22.8 million. The company refinanced its term loan with a delayed draw feature and extended maturity to 2030. Completion Fluids & Products business showed strong growth while Water & Flowback Services faced challenges. TETRA remains optimistic about strategic initiatives and outlook for 2024.
