Franklin Mutual aggregates NGS holdings into Franklin Resources (NGS)

Rhea-AI Filing Summary

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.

Key Figures

Beneficially owned: 0 shares Percent of class: 0.0% Reporting period: 03/31/2026 +2 more

5 metrics

Beneficially owned 0 shares Common Stock, $.01 par value (CUSIP 63886Q109)

Percent of class 0.0% as of calendar quarter ended 03/31/2026

Reporting period 03/31/2026 calendar quarter ended (aggregation noted)

Signature date 04/28/2026 Signed by Thomas C. Mandia, Assistant Secretary

CUSIP 63886Q109 Common Stock of Natural Gas Services Group Inc.

Key Terms

Schedule 13G/A, beneficial ownership, disaggregated, sole/dispositive power

4 terms

Schedule 13G/A regulatory

"Amendment No. 5 ) NATURAL GAS SERVICES GROUP INC"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficial ownership regulatory

"FRI is now reporting beneficial ownership of equity securities attributed to FMA"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

disaggregated regulatory

"FMA ceased to be disaggregated and ceased to report separately from FRI"

sole/dispositive power financial

"Sole power to vote or to direct the vote: 0"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

NATURAL GAS SERVICES GROUP INC

(Name of Issuer)

Common Stock, $.01 par value

(Title of Class of Securities)

63886Q109

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 63886Q109

1

Names of Reporting Persons

Franklin Mutual Advisers, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

IA, OO

Comment for Type of Reporting Person: Formerly in accordance with SEC Release No. 34-39538 (January 12, 1998), Franklin Mutual Advisers, Inc. ("FMA") reported beneficial ownership separately on a disaggregated basis from Franklin Resources, Inc. ("FRI") in reliance on such release. As of the calendar quarter ended March 31, 2026, FRI went through an internal realignment such that FMA ceased to be disaggregated and ceased to report separately from FRI and FRI is now reporting beneficial ownership of equity securities attributed to FMA aggregated with other equity securities that may be beneficially owned by investment management subsidiaries of and reported by FRI.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: NATURAL GAS SERVICES GROUP INC
(b)	Address of issuer's principal executive offices: 601 State Street, Suite 400, Southlake TX 76092
Item 2.
(a)	Name of person filing: Franklin Mutual Advisers, LLC
(b)	Address or principal business office or, if none, residence: 101 John F. Kennedy Parkway Short Hills, NJ 07078-2789
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock, $.01 par value
(e)	CUSIP No.: 63886Q109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0.0%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Franklin Mutual Advisers, LLC: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: Franklin Mutual Advisers, LLC: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Franklin Mutual Advisers, LLC

Signature:	/s/THOMAS C. MANDIA
Name/Title:	Thomas C. Mandia. Assistant Secretary of Franklin Mutual Advisers, LLC
Date:	04/28/2026

FAQ

What does Franklin Mutual Advisers report for NGS in this Schedule 13G/A?

Franklin Mutual Advisers reports owning 0 shares (0.0%). The amendment states 0 shares beneficially owned of Common Stock (CUSIP 63886Q109) and 0.0% of the class as of the quarter ended 03/31/2026.

Why did Franklin Mutual Advisers change its reporting for NGS?

Reporting was aggregated into Franklin Resources, Inc. The filing states an internal realignment ended disaggregated reporting and FMA's holdings are now reported with FRI as of the quarter ended 03/31/2026.

Does this filing indicate any shares are controlled or voted by Franklin Mutual Advisers?

No voting or dispositive power is reported. The Schedule 13G/A lists sole and shared voting and dispositive powers as 0 for Franklin Mutual Advisers, LLC for the reported class.

What date is the Schedule 13G/A amendment signed and by whom?

Signed 04/28/2026 by Thomas C. Mandia. The signature block identifies Thomas C. Mandia as Assistant Secretary of Franklin Mutual Advisers, LLC on the amendment.