Welcome to our dedicated page for NATURAL GAS SERVICES GROUP SEC filings (Ticker: NGS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Natural Gas Services Group, Inc. filings document the company's natural gas compression business, public-company governance and capital-structure disclosures. Form 8-K reports cover operating results, earnings-call transcripts, Regulation FD information, forward guidance, dividends and other material events tied to its compressor rental, sales and service operations.
Proxy materials cover shareholder voting matters, director elections, board composition, executive compensation and equity awards. The filing record also documents governance changes, capital allocation actions and formal disclosures for a Colorado corporation listed on the NYSE under NGS.
Natural Gas Services Group, Inc. reported strong first quarter 2026 results with total revenue of $48.5 million, up 17.1% from a year earlier, driven by rental revenue of $47.1 million, a 21.1% year-over-year increase. Net income rose to $6.8 million, or $0.53 per diluted share, compared with $4.9 million, or $0.38 per share, in the prior-year quarter.
Adjusted EBITDA grew 25.8% to $24.3 million, supported by higher rental adjusted gross margin. Horsepower utilization reached 574,969 rented horsepower, with horsepower utilization improving to 86.9%. Operating cash flow was $23.0 million, exceeding cash used for investing activities of $15.2 million.
The company increased its quarterly dividend from $0.11 to $0.15 per share starting in the second quarter of 2026 and raised its full-year 2026 Adjusted EBITDA outlook to a range of $92.5 million to $97.5 million. Guidance for 2026 growth capital expenditures remains $55.0 million to $70.0 million, with maintenance capital expenditures expected between $15.0 million and $18.0 million. Long-term debt on the revolving credit facility was $226.0 million, with a leverage ratio of 2.33x as of March 31, 2026.
NATURAL GAS SERVICES GROUP INC ownership filing shows 214,776 shares of common stock beneficially owned, representing 1.7% of the class. The filer, AWM Investment Company, Inc., reports sole voting and sole dispositive power over those shares as investment adviser to three funds, with holdings split among the Funds.
The filing names David M. Greenhouse and Adam C. Stettner as controlling principals and states the filer’s address and CUSIP 63886Q109.
Natural Gas Services Group, Inc. reported record 2025 operating results, with rental revenue of $164,326 and Adjusted EBITDA of $80,965 for the year ended December 31, 2025, while maintaining leverage of 2.7x. The company increased utilized horsepower to 562,676 and raised its quarterly dividend to $0.11 per share.
The Board seeks shareholder votes to elect three directors, approve executive compensation, ratify auditors, and approve redomestication from Colorado to Texas; 12,590,213 shares were outstanding as of the April 16, 2026 record date.
NATURAL GAS SERVICES GROUP INC Schedule 13G/A amendment: Franklin Mutual Advisers, LLC reports 0 shares beneficially owned of Common Stock (CUSIP 63886Q109) and 0.0% of the class as of the calendar quarter ended 03/31/2026. The filing explains that reporting was aggregated into Franklin Resources, Inc. following an internal realignment.
Natural Gas Services Group is asking shareholders to vote at its virtual 2026 annual meeting on electing three directors, approving executive pay on an advisory basis, ratifying Ham, Langston & Brezina LLP as auditor, and approving a redomestication from Colorado to Texas that would move the company to annually elected directors.
The proxy highlights a strong 2025, with rental revenue reaching a record $164 million, Adjusted EBITDA rising to $81 million, utilized horsepower growing by over 70,000 horsepower to 84.9% utilization, and leverage held at 2.7x. The company also expanded its credit facility from $300 million to $400 million, initiated a quarterly dividend of $0.10 per share and increased it to $0.11, and reports a 2025 year-end share price of $33.65, up 26% from the prior year. As of April 16, 2026, there were 12,590,213 common shares outstanding and entitled to vote.
Natural Gas Services Group, Inc. is soliciting proxies for its virtual Annual Meeting on June 10, 2026, where shareholders will vote to elect three directors, approve Say-on-Pay, ratify Ham, Langston & Brezina LLP as auditors, and approve redomestication from Colorado to Texas by conversion. Shares outstanding were 12,598,365 as of the April 16, 2026 record date.
The Board highlights 2025 operational results including rental revenues of $164.3M, Adjusted EBITDA of $81.0M, horsepower utilization of 84.9%, and quarterly dividends initiated at $0.10 then increased to $0.11 per share. Proposal 4 would replace the Company’s staggered board with annual director elections if adopted.
The Vanguard Group amended its Schedule 13G/A to report 0 shares and 0% beneficial ownership in Natural Gas Services Group Inc. The filing explains an internal realignment completed on January 12, 2026 and states certain Vanguard subsidiaries will report on a disaggregated basis in reliance on SEC Release No. 34-39538. The filing lists Vanguard's principal office in Malvern, PA, and the issuer's principal executive office in Midland, TX. The amendment is signed by Ashley Grim on 03/27/2026.
Natural Gas Services Group, Inc. reported record 2025 results driven by fleet growth and strong demand for rental natural gas compression. Rented horsepower reached about 563,000, up 14%, with record fleet utilization of 84.9%. Fourth-quarter rental revenue was $44.3 million, up roughly 16% year-over-year, and adjusted EBITDA was $21.2 million. For 2025, rental revenue totaled $164.3 million (up 14%), total revenue was $172.3 million (up about 10%), adjusted EBITDA reached a record $81 million, and net income was $19.9 million, or $1.57 per diluted share. The company returned approximately $2.6 million in dividends in the second half and monetized a tax receivable, receiving $12.3 million in early 2026.
For 2026, the company guided to adjusted EBITDA of $90.5–$95.5 million, supported by about 50,000 contracted new large-horsepower deployments and continued focus on higher-return electric units. Growth capital expenditures were $121.5 million in 2025, with $55–$70 million planned for 2026 plus $15–$18 million of maintenance capex, reflecting a growing fleet and upcoming major engine overhauls.
Natural Gas Services Group Chief Executive Officer Justin Jacobs reported compensation-related stock activity involving restricted stock units (RSUs) and common shares. On March 13, 2026, he exercised RSUs into 10,140 and 1,556 shares of common stock at a conversion price of $0.00 per share.
He also received a grant or award of 11,696 common shares at $0.00 per share, increasing his direct ownership. To cover tax obligations tied to these awards, 4,433 common shares were withheld at a price of $35.59 per share. After these transactions, he directly held 26,756 common shares and 10,461 RSUs representing the right to receive an equal number of common shares upon vesting without payment.
Natural Gas Services Group, Inc. reported strong fourth quarter and full year 2025 results and issued 2026 guidance. Full year 2025 revenue rose to $172.3 million from $156.7 million, driven by rental revenue of $164.3 million, up 13.9% from 2024.
Net income for 2025 increased to $19.9 million, or $1.57 per diluted share, compared to $17.2 million, or $1.37 per diluted share, in 2024. Adjusted EBITDA grew to $81.0 million, a 16.5% increase. The company highlighted record rented horsepower of 562,676 and fleet utilization of 84.9% at year end.
For 2026, NGS projects Adjusted EBITDA of $90.5 million to $95.5 million, growth capital expenditures of $55.0 million to $70.0 million, and maintenance capital expenditures of $15.0 million to $18.0 million. Management also noted the initiation of a dividend in 2025, returning $2.6 million to shareholders.