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.
Kodiak Gas Services, Inc. (NYSE: KGS) is a contract compression services provider headquartered in The Woodlands, Texas, operating within the crude petroleum and natural gas extraction industry. This news page aggregates company announcements, market communications and regulatory-related updates that reflect Kodiak’s role in the U.S. energy infrastructure.
Readers can find coverage of earnings releases and quarterly operating updates, where Kodiak reports segment performance for its Contract Services and Other Services businesses, non-GAAP financial measures such as adjusted EBITDA and discretionary cash flow, and detailed compression fleet statistics including horsepower, utilization and unit counts. These disclosures highlight how the company’s compression assets support natural gas and oil production and transportation.
The news stream also includes capital markets and financing developments, such as private offerings of senior unsecured notes issued by Kodiak Gas Services, LLC under its indenture, and underwritten public offerings of Kodiak common stock by a selling stockholder affiliated with EQT Infrastructure funds. Related items describe share repurchases by Kodiak under its repurchase program and the terms of its senior notes and guarantees.
Additional articles cover corporate actions and governance events, including dividend declarations on Kodiak’s common stock and related distributions by its subsidiary, as well as announcements about its listing status on the New York Stock Exchange and NYSE Texas. Together, these updates provide a view into how Kodiak manages its capital structure, supports shareholder returns and communicates operational progress.
Investors, analysts and industry observers can use this page to follow Kodiak’s ongoing disclosures around financial performance, fleet deployment, debt financing and equity transactions, all of which relate to its position as a U.S. contract compression services provider in the natural gas and oil value chain.
EQT has fully exited its investment in Kodiak Gas Services (NYSE: KGS) on Dec. 11, 2025, completing the final sell-down from EQT Infrastructure III and IV funds.
Since EQT's 2019 investment, Kodiak grew into a leading North American contract compression provider: revenue and EBITDA grew >8x, headcount rose >400% to just over 1,300, and the company completed an IPO in 2023. EQT completed staged sell-downs over a 30-month period prior to this final exit.
Frontier TopCo Partnership, L.P., an affiliate of funds known as EQT Infrastructure III and EQT Infrastructure IV, completed an underwritten public offering of 9,762,573 shares of Kodiak Gas Services (NYSE: KGS) on December 2, 2025.
The offering generated gross proceeds of approximately USD 335.5 million. Goldman Sachs & Co. LLC acted as underwriter. Kodiak Gas Services did not sell any shares in the offering and did not receive any proceeds from the sale.
Kodiak Gas Services (NYSE: KGS) announced an underwritten secondary offering by selling stockholder Frontier TopCo Partnership, L.P. of 9,762,573 shares of common stock priced at $34.60 per share. The company will not sell shares and will not receive proceeds from the sale. The offering is expected to close on December 2, 2025, subject to customary closing conditions, with Goldman Sachs & Co. LLC as sole underwriter. Offer documents are available via the SEC and the underwriter; the sale is conducted under an automatic shelf registration on Form S-3 (File No. 333-280737) effective July 10, 2024.
Kodiak Gas Services (NYSE: KGS) announced an underwritten public offering of 9,762,573 shares of its common stock by Frontier TopCo Partnership, L.P., an affiliate of EQT Infrastructure III and IV. Kodiak will not sell any shares and will receive no proceeds from the Offering. After the Offering, the selling stockholder is expected to hold only de minimis shares and the Stockholders' Agreement will terminate, removing its board nomination rights.
Goldman Sachs & Co. LLC is sole underwriter. The Offering is subject to market conditions and will be made using a free writing prospectus, a prospectus supplement and the base prospectus from Form S-3 (File No. 333-280737).
Kodiak Gas Services (NYSE: KGS) announced a dual listing of its common stock on NYSE Texas, while maintaining its primary listing on the New York Stock Exchange. Trading on NYSE Texas will commence on November 25, 2025 under the same ticker KGS.
The company said the move reinforces its commitment to Texas, where it conducts a significant portion of operations and employs nearly 900 people. Company leadership welcomed the step as support for a pro-business initiative in Texas, and NYSE Texas described Kodiak as a strategic fit for its marketplace.
EQT affiliate completed an underwritten public offering of Kodiak Gas Services (NYSE: KGS) on November 13, 2025. The Selling Stockholder sold 10,000,000 shares of KGS for gross proceeds of approximately USD 333 million. Goldman Sachs & Co. LLC acted as underwriter.
The company did not sell any shares in the offering and did not receive proceeds from the sale; the transaction increases shares held by public investors while leaving Kodiak Gas Services' outstanding share count unchanged by issuer action.
Kodiak Gas Services (NYSE: KGS) announced pricing of an underwritten offering of 10,000,000 shares by a selling stockholder at $33.60 per share. Kodiak will not sell shares in the Offering and will not receive proceeds from the sale. The Offering is expected to close on November 13, 2025, subject to customary closing conditions.
The company agreed to purchase 1,000,000 shares from the underwriter at the same price as the Offering (the Share Repurchase), which is conditioned on the Offering closing. Goldman Sachs is the underwriter. The Offering is being made via a prospectus supplement to the company's Form S-3 shelf registration.
Kodiak Gas Services (NYSE: KGS) announced an underwritten public offering of 10,000,000 shares of its common stock by Frontier TopCo Partnership, L.P., an affiliate of EQT Infrastructure III and IV. Kodiak will not sell shares in the Offering and will not receive proceeds from the Selling Stockholder's sale.
The Company intends to purchase 1,000,000 of the offered shares from the underwriter at the offering price (the Share Repurchase); the repurchase is conditioned on the Offering closing. Goldman Sachs is sole underwriter. The Offering is subject to market conditions and will be made by prospectus supplement to the Form S-3 (File No. 333-280737).
Kodiak Gas Services (NYSE: KGS) will host a conference call and webcast to discuss third quarter 2025 financial results on Wednesday, November 5, 2025 at 11:00 a.m. ET (10:00 a.m. CT).
Investors can dial 877-407-4012 (ask for the Kodiak Gas Services call at least 10 minutes early) or join the webcast at https://ir.kodiakgas.com/news-events/ir-calendar.
Kodiak Gas Services (NYSE: KGS) reported third-quarter 2025 results and raised full-year discretionary cash flow guidance. Key Q3 metrics: total revenues $322.7M, Contract Services revenue $297.0M, adjusted EBITDA $174.7M, adjusted net income $31.5M, and a net loss $14.0M that included a $33.3M loss on disposal of Mexico operations and a $28.0M reserve for Texas sales/use tax.
Cash flow highlights: discretionary cash flow $116.7M (+13.2% YoY), free cash flow $33.5M, and updated full-year 2025 discretionary cash flow guidance of $450M–$470M. Operationally, fleet utilization rose to 97.6%, revenue-generating horsepower increased, and the company declared a quarterly dividend of $0.49 per share while returning >$90M to shareholders YTD.
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