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EQT completes sale of common stock of Kodiak Gas Services

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EQT Infrastructure, through its affiliate Frontier TopCo Partnership, has completed the sale of approximately 1.5 million shares of Kodiak Gas Services (NYSE: KGS) common stock. The shares were repurchased by Kodiak Gas Services through a privately negotiated transaction under its existing share repurchase program, generating gross proceeds of approximately $50 million for EQT.

Following the transaction completed on August 11, 2025, EQT's affiliate continues to hold approximately 29.8 million shares of Kodiak Gas Services' common stock.

EQT Infrastructure, tramite la sua affiliata Frontier TopCo Partnership, ha completato la vendita di circa 1,5 milioni di azioni di azioni ordinarie di Kodiak Gas Services (NYSE: KGS). Le azioni sono state riacquistate da Kodiak Gas Services tramite una transazione negoziata privatamente nell'ambito del suo programma di riacquisto azionario in essere, generando per EQT proventi lordi di circa 50 milioni di dollari.

A seguito della transazione completata il 11 agosto 2025, l'affiliata di EQT continua a detenere circa 29,8 milioni di azioni ordinarie di Kodiak Gas Services.

EQT Infrastructure, a través de su filial Frontier TopCo Partnership, ha completado la venta de aproximadamente 1,5 millones de acciones ordinarias de Kodiak Gas Services (NYSE: KGS). Las acciones fueron recompradas por Kodiak Gas Services mediante una transacción negociada de forma privada dentro de su programa de recompra de acciones vigente, generando para EQT un importe bruto de aproximadamente 50 millones de dólares.

Tras la transacción completada el 11 de agosto de 2025, la filial de EQT sigue manteniendo aproximadamente 29,8 millones de acciones ordinarias de Kodiak Gas Services.

EQT Infrastructure는 계열사 Frontier TopCo Partnership을 통해 Kodiak Gas Services (NYSE: KGS)의 보통주 약 150만 주를 매각 완료했습니다. 이 주식은 Kodiak Gas Services가 기존 자사주 매입 프로그램 하에서 비공개로 협상한 거래를 통해 재매입했으며, EQT에는 약 5,000만 달러의 총수익을 가져다주었습니다.

2025년 8월 11일에 완료된 거래 이후에도 EQT의 계열사는 Kodiak Gas Services 보통주 약 2,980만 주를 계속 보유하고 있습니다.

EQT Infrastructure, par l'intermédiaire de sa filiale Frontier TopCo Partnership, a finalisé la vente d'environ 1,5 million d'actions ordinaires de Kodiak Gas Services (NYSE: KGS). Les actions ont été rachetées par Kodiak Gas Services dans le cadre d'une transaction négociée de gré à gré au titre de son programme de rachat d'actions en cours, générant pour EQT un produit brut d'environ 50 millions de dollars.

Suite à la transaction finalisée le 11 août 2025, la filiale d'EQT continue de détenir environ 29,8 millions d'actions ordinaires de Kodiak Gas Services.

EQT Infrastructure hat über seine Tochtergesellschaft Frontier TopCo Partnership den Verkauf von rund 1,5 Millionen Aktien der Stammaktien von Kodiak Gas Services (NYSE: KGS) abgeschlossen. Die Aktien wurden von Kodiak Gas Services im Rahmen einer privat verhandelten Transaktion im bestehenden Aktienrückkaufprogramm zurückgekauft und erzielten für EQT Bruttoerlöse von rund 50 Millionen US-Dollar.

Nach dem am 11. August 2025 abgeschlossenen Geschäft hält die Tochtergesellschaft von EQT weiterhin rund 29,8 Millionen Aktien der Stammaktien von Kodiak Gas Services.

Positive
  • Company executed $50 million share repurchase, demonstrating commitment to returning capital to shareholders
  • Transaction completed through existing share repurchase program, showing effective capital allocation
Negative
  • None.
  • The sale resulted in aggregate gross proceeds of c. USD50 million

NEW YORK, Aug. 12, 2025 /PRNewswire/ -- Frontier TopCo Partnership, L.P. (the "Selling Stockholder"), an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV, is pleased to announce the completion of the sale (the "Sale") of c. 1.5 million shares of common stock of Kodiak Gas Services, Inc. (NYSE: KGS) (the "Company"), which were repurchased by the Company in a privately negotiated transaction under its previously announced share repurchase program. The Sale resulted in aggregate gross proceeds of c. USD50 million for the Selling Stockholder. The Sale was made on August 11, 2025. Following this transaction, the Selling Stockholder now holds c. 29.8 million shares of the Company's common stock.

Contact

EQT Press Office, press@eqtpartners.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/eqt-completes-sale-of-common-stock-of-kodiak-gas-services,c4217295

The following files are available for download:

https://mb.cision.com/Main/87/4217295/3607426.pdf

Press Release, EQT Infra III, EQT Infra IV, Kodiak, 120825

Cision View original content:https://www.prnewswire.com/news-releases/eqt-completes-sale-of-common-stock-of-kodiak-gas-services-302528307.html

SOURCE EQT

FAQ

How many shares of Kodiak Gas Services (KGS) did EQT sell on August 11, 2025?

EQT, through its affiliate Frontier TopCo Partnership, sold approximately 1.5 million shares of Kodiak Gas Services common stock.

What was the value of the Kodiak Gas Services (KGS) share repurchase transaction?

The share repurchase transaction generated gross proceeds of approximately $50 million for EQT.

How many shares of Kodiak Gas Services (KGS) does EQT still own after the sale?

After the transaction, EQT's affiliate Frontier TopCo Partnership continues to hold approximately 29.8 million shares of Kodiak Gas Services common stock.

Was the Kodiak Gas Services (KGS) share repurchase transaction public or private?

The transaction was executed through a privately negotiated transaction under Kodiak Gas Services' existing share repurchase program.
Kodiak Gas Services Inc

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Oil & Gas Equipment & Services
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