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. reports developments tied to its contract compression, distributed power, and energy infrastructure services business in the United States. The company serves oil and gas producers, midstream customers, and digital infrastructure operators, with Contract Services centered on compression, gas treating, and cooling infrastructure used in natural gas and oil production, gathering, processing, gas lift, and transmission systems.
Recurring news themes include quarterly operating results, full-year guidance, distributed power capacity updates, common-stock dividends and subsidiary distributions, senior notes and credit-facility activity, material agreements, and governance or shareholder matters.
Kodiak Gas Services (NYSE: KGS) priced an underwritten public offering of 10,563,380 common shares at $71.00 per share. Underwriters have a 30-day option for up to 1,584,507 additional shares. Closing is expected on March 15, 2026, subject to customary conditions.
Net proceeds are intended for general corporate purposes, including partial repayment of borrowings under Kodiak’s asset-based lending facility and potentially funding growth capital for additional power generation equipment.
Kodiak Gas Services (NYSE:KGS) commenced an underwritten public offering of $750 million in common stock, with a proposed 30‑day underwriter option for up to $112.5 million more. The offering’s completion, size and terms depend on market conditions.
Net proceeds are earmarked for general corporate purposes, including partial repayment of borrowings under Kodiak’s asset-based lending facility and potentially funding growth capital for additional power generation equipment. Goldman Sachs & Co. and J.P. Morgan act as joint book-running managers.
Kodiak Gas Services (NYSE: KGS) reported Q1 2026 revenue of $345.8 million and adjusted EBITDA of $190.1 million, both up year over year. Net income was $17.8 million, impacted by debt extinguishment and DPS transaction costs.
The company closed the Distributed Power Solutions acquisition, procured over 260 MW of additional power capacity, and now targets 300–500 MW of annual growth through 2030. Kodiak raised 2026 adjusted EBITDA guidance to $820–$860 million and plans $645–$775 million of growth capital, including $400–$500 million for power infrastructure.
Kodiak Gas Services (NYSE: KGS) declared a quarterly cash dividend of $0.49 per share for common stock for Q1 2026. The dividend is payable on May 28, 2026 to stockholders of record as of the close of business on May 18, 2026.
Its subsidiary, Kodiak Gas Services, LLC, declared a matching $0.49 per unit distribution with the same record and payment dates.
Kodiak Gas Services (NYSE: KGS) will release first quarter 2026 financial results on Monday, May 11, 2026 before the market opens. The company will host an earnings conference call and webcast on May 11 at 11:00 a.m. ET / 10:00 a.m. CT.
Dial-in is 877-407-4012; webcast at https://ir.kodiakgas.com/news-events/ir-calendar. Telephonic replay available through May 25, 2026 (877-660-6853, access code 13760455). Webcast replay available for 180 days at the same IR calendar link.
Kodiak Gas Services (NYSE: KGS) completed the acquisition of Distributed Power Solutions, rebranding it Kodiak Power Solutions. The deal adds ~395 megawatts of generation capacity, expands into data centers, microgrids and manufacturing, and closed for $587 million cash plus ~2.4 million shares.
Kodiak expects the acquisition to be immediately accretive to earnings and discretionary cash flow per share and to extend the duration and stability of contracted cash flows; integration work is underway.
Kodiak Gas Services (NYSE: KGS) closed the purchase of over 20,000 horsepower of large compression assets in the Permian Basin for $24 million. Kodiak will operate the assets under a seven-year service agreement with the seller, expected to generate more than $7 million of incremental annualized revenue.
The assets will be integrated into Kodiak’s Texas and New Mexico footprint. Kodiak projects full-year 2026 growth capital expenditures of $245–$275 million (excluding the pending Distributed Power Solutions acquisition) and now expects ~170,000 compression horsepower added in 2026 including this deal.
Kodiak Gas Services (NYSE: KGS) priced a private offering of $1.0 billion 5.875% senior unsecured notes due April 1, 2031, expected to close March 20, 2026, subject to customary conditions.
The company plans to use proceeds to redeem its $750 million 7.25% notes due 2029 at a 103.625% redemption price and to reduce borrowings under its ABL facility; remaining ABL capacity is expected to fund the acquisition of Distributed Power Solutions, LLC. The Notes are Rule 144A/Reg S private placements and will not be registered under the Securities Act.
Kodiak Gas Services (NYSE: KGS) launched a private offering of $750 million aggregate principal amount of senior unsecured notes due 2031 on March 11, 2026. The issuer intends to use proceeds (with cash and amounts available under its ABL facility) to redeem its outstanding 7.25% notes due 2029 at a redemption price equal to 103.625% of the $750,000,000 principal, plus accrued interest. The issuer also expects to use amounts available under the ABL facility to fund the acquisition of Distributed Power Solutions, LLC. The Notes are being offered privately to Rule 144A qualified institutional buyers and Regulation S non-U.S. persons and will not be registered under the Securities Act.
Summary not available.