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Natural Gas Services Group, Inc. - $NGS STOCK NEWS

Welcome to our dedicated page for Natural Gas Services Group news (Ticker: $NGS), a resource for investors and traders seeking the latest updates and insights on Natural Gas Services Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Natural Gas Services Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Natural Gas Services Group's position in the market.

Rhea-AI Summary
Natural Gas Services Group, Inc. (NGS) reports strong financial results for the full year and fourth quarter of 2023, with significant increases in rental revenue and adjusted EBITDA. The company's rental fleet utilization also improved, reflecting a successful year in the energy industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.44%
Tags
-
Rhea-AI Summary
Natural Gas Services Group, Inc. (NYSE:NGS) will host a conference call to discuss fourth-quarter and fiscal 2023 financial results on April 2, 2023. The news release will be issued on April 1st, with details on how to join the call provided. Participation in the Q&A section requires dialing in at (800) 550-9745.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
-
Rhea-AI Summary
Natural Gas Services Group, Inc. (NYSE: NGS) announced the appointment of Justin Jacobs as Chief Executive Officer, effective February 12, 2024. The appointment follows an extensive search process and the retirement of Interim CEO Stephen Taylor. Taylor will remain Chairman of the Board and provide transition services for 6 months. Jacobs, a former director and shareholder, is expected to drive the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
none
Rhea-AI Summary
Natural Gas Services Group, Inc. (NYSE:NGS) announced its third-quarter 2023 financial results, reporting rental revenue of $27.7 million, a 49% increase from Q3 2022 and a 15% increase from Q2 2023. Net income stood at $2.2 million, compared to a net loss of $80,000 in Q3 2022 and net income of $504,000 in Q2 2023. Adjusted EBITDA was $11.8 million, up from $7.7 million in Q3 2022 and $9.9 million in Q2 2023. Chairman and Interim CEO Stephen C. Taylor highlighted the successful quarter, with total revenue increasing over 16% from the prior quarter and a year-over-year increase of 42%, driven by rental revenue growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.72%
Tags
-
Rhea-AI Summary
Natural Gas Services Group, Inc. (NYSE:NGS) will host a conference call to review third-quarter 2023 financial results on November 15, 2023. The call will be accessible via webcast on the company's website and participants can also join by phone using the provided conference ID. A recording of the call will be available on the website afterwards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.36%
Tags
-
Rhea-AI Summary
Natural Gas Services Group, Inc. (NYSE:NGS) has appointed Georganne Hodges, an energy industry veteran, to its Board of Directors. The Board size has been increased from five to six members. Ms. Hodges brings over 30 years of experience in the energy industry and will join the class of directors whose term expires in 2025. She will also join the Company's Audit Committee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
management
Rhea-AI Summary
Natural Gas Services Group appoints Brian L. Tucker as President and Chief Operating Officer
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
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management
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.96%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.9%
Tags
management
Natural Gas Services Group, Inc.

NYSE:NGS

NGS Rankings

NGS Stock Data

287.30M
8.88M
6.97%
77.83%
1.01%
Support Activities for Oil and Gas Operations
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
MIDLAND

About NGS

manufacture natural gas compressors.