Kodiak Gas Services Inc Stock Price, News & Analysis

Kodiak Gas Services (NYSE:KGS) has announced a significant $50 million share repurchase from Frontier TopCo Partnership, an affiliate of EQT Infrastructure funds. The company will repurchase 1,508,750 shares at $33.14 per share, the closing price on August 11, 2025.

The transaction, unanimously approved by a special committee of independent directors, will reduce the Selling Stockholder's ownership to below 35%. Following this repurchase, approximately $65 million remains available under Kodiak's share repurchase program. The deal triggers changes in the Stockholders' Agreement, reducing the Selling Stockholder's board representation to one director and eliminating certain corporate action approval requirements.

Kodiak Gas Services (NYSE: KGS) reported strong Q2 2025 financial results, with net income of $39.5 million and record earnings of $0.43 per diluted share. The company achieved record quarterly adjusted EBITDA of $178.2 million, up 15.5% year-over-year, and generated record free cash flow of $70.3 million.

Key highlights include a Contract Services adjusted gross margin increase to 68.3%, fleet utilization improvement to 97.2%, and deployment of 31,800 horsepower of new compression units. The Board approved a $100 million increase to the share repurchase program and raised full-year 2025 adjusted EBITDA guidance to $700-725 million.

The company has been added to the S&P SmallCap 600 index and maintains a strong financial position with $2.6 billion in total debt and $366.4 million available on its ABL Facility.

Kodiak Gas Services (NYSE: KGS) has appointed Steven L. Green as Executive Vice President and Chief Commercial Officer (CCO), effective immediately. Green brings over 20 years of experience in energy and midstream sectors, most recently serving as CEO of Piñon Midstream, where he led a $950 million transaction with Enterprise Products Partners.

In his new role, Green will oversee Kodiak's commercial strategy, including customer engagement, contract structuring, and business development. His previous experience includes managing over 700 miles of pipeline and 1.3 Bcf/d of processing capacity at Caiman Energy / Blue Racer Midstream, where he oversaw nearly $2.5 billion in capital deployment.

Kodiak Gas Services (NYSE:KGS), a leading provider of critical energy infrastructure and contract compression services, has scheduled its second quarter 2025 earnings release for Wednesday, August 6, 2025, after market close.

The company will host a conference call and webcast to discuss the results on Thursday, August 7, 2025, at 10:00 a.m. Eastern Time. Investors can access the call by dialing 877-407-4012 or via webcast on the company's investor relations website. A replay will be available through August 21, 2025, by dialing 877-660-6853 with access code 13754997, and the webcast replay will be accessible for 180 days.

Kodiak Gas Services (NYSE: KGS) has declared a quarterly cash dividend of $0.45 per share for Q2 2025. The dividend will be paid on August 14, 2025 to stockholders of record as of August 4, 2025.

Additionally, Kodiak Gas Services' subsidiary, Kodiak Services, announced a distribution of $0.45 per unit for Q2 2025, payable on the same dates to its unitholders.

EQT has completed the sale of approximately 3.2 million shares of Kodiak Gas Services (NYSE: KGS) common stock, generating gross proceeds of about USD116 million. The transaction was executed on May 12, 2025, through J.P. Morgan Securities LLC as the broker. Additionally, Kodiak Gas Services repurchased around 278,000 shares from EQT in a private transaction for approximately USD10 million. Following these transactions, EQT maintains ownership of approximately 31.3 million shares of Kodiak's common stock.

Kodiak Gas Services (NYSE: KGS) has announced the completion of two significant stock transactions. First, a selling stockholder affiliated with EQT Infrastructure III and IV funds sold 3.22 million shares of common stock through a Rule 144 Sale, with J.P. Morgan acting as broker. Second, Kodiak concurrently executed a $10 million share repurchase from the selling stockholder at the same price per share as the Rule 144 Sale.

The share repurchase was conducted under Kodiak's existing $50 million share repurchase program, which was authorized in November 2024 and runs through December 31, 2025. Following this transaction, approximately $15 million remains available for future repurchases under the program. Notably, Kodiak did not receive any proceeds from the Rule 144 Sale.

Kodiak Gas Services (NYSE: KGS) reported strong Q1 2025 financial results and raised its full-year guidance. Net income reached $30.4M, up from $19.1M in Q4 2024. The company achieved record quarterly adjusted EBITDA of $177.7M and improved Contract Services adjusted gross margin to 67.7%. Key operational highlights include deploying 48,900 horsepower of new compression units and increasing fleet utilization to 96.9%. KGS enhanced shareholder returns by increasing quarterly dividend by 10% to $0.45 per share and repurchasing $10M of stock at $36.87/share. The company raised its full-year 2025 adjusted EBITDA guidance to $695-725M. Total debt stood at $2.6B with a credit agreement leverage ratio of 3.7x. Despite energy price volatility, management remains confident in U.S. natural gas supply growth and compression infrastructure demand.

Kodiak Gas Services (NYSE: KGS) has announced a 10% increase in its quarterly cash dividend to $0.45 per share for the first quarter of 2025, payable on May 15, 2025, to stockholders of record as of May 5, 2025. The company's subsidiary, Kodiak Gas Services, , will also distribute $0.45 per unit to its unitholders.

This marks the company's second dividend increase in twelve months, which CEO Mickey McKee attributes to the strength of Kodiak's business model and stable cash flows. The company will release its Q1 2025 financial results on May 7, 2025, after market close, followed by a conference call on May 8, 2025, at 11:00 a.m. Eastern Time.