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.
Kodiak Gas Services (NYSE: KGS) announced significant changes to its Board of Directors. William "Bill" L. Bullock, Jr., former Executive Vice President and CFO of ConocoPhillips, has been appointed to the Board, bringing over 30 years of energy sector leadership experience.
The appointment coincides with the resignation of Nirav Shah, one of two directors appointed by EQT Infrastructure funds. Shah's departure follows EQT's recent reduction in ownership stake in Kodiak. The Board will maintain its nine-member structure with Bullock replacing Shah.
[ "Addition of Bill Bullock brings extensive financial and operational leadership experience from ConocoPhillips", "Bullock's expertise in financial stewardship and capital markets strengthens Board capabilities", "Board maintains stable size with nine members despite changes" ]Kodiak Gas Services (NYSE: KGS) has announced the availability of 2024 Schedule K-3 tax packages for former CSI Compressco LP unitholders. The tax documents, which contain international tax relevance information, can be accessed through the K-1 Tax Package Support website.
This announcement follows Kodiak's acquisition of CSI Compressco, which was completed on April 1, 2024. The Schedule K-3 information is particularly relevant for foreign unitholders, those computing foreign tax credits, and certain corporate/partnership unitholders. Former unitholders can obtain electronic copies via email by contacting the support line at (877) 223-4851.
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.
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.
FAQ
What is the current stock price of Kodiak Gas Services (KGS)?
What is the market cap of Kodiak Gas Services (KGS)?
