KGS icon

Kodiak Gas Services

47.38 USD
+0.33
0.70%
At close Jan 17, 4:00 PM EST
After hours
47.38
+0.00
0.00%
1 day
0.70%
5 days
12.86%
1 month
15.22%
3 months
50.94%
6 months
63.38%
Year to date
13.43%
1 year
122.23%
5 years
201.78%
10 years
201.78%
 

About: Kodiak Gas Services Inc is an operator of contract compression infrastructure in the United States. It manages business through two operating segments namely Compression Operations and Other Services. Compression Operations consist of operating company-owned and customer-owned compression infrastructure for customers, pursuant to fixed-revenue contracts to enable the production, gathering and transportation of natural gas and oil. Other Services consist of a full range of contract services to support the needs of customers, including station construction, maintenance and overhaul and other ancillary time and material-based offerings.

Employees: 781

0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

942% more call options, than puts

Call options by funds: $6.25M | Put options by funds: $600K

92% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 24

74% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 35

50% more capital invested

Capital invested by funds: $624M [Q2] → $939M (+$315M) [Q3]

14% more funds holding

Funds holding: 142 [Q2] → 162 (+20) [Q3]

11.13% more ownership

Funds ownership: 27.17% [Q2] → 38.31% (+11.13%) [Q3]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$39
18%
downside
Avg. target
$42
10%
downside
High target
$48
1%
upside

7 analyst ratings

positive
71%
neutral
29%
negative
0%
Citigroup
Douglas Irwin
100% 1-year accuracy
4 / 4 met price target
1%upside
$48
Buy
Maintained
14 Jan 2025
Barclays
Theresa Chen
32% 1-year accuracy
9 / 28 met price target
7%downside
$44
Equal-Weight
Maintained
13 Jan 2025
JP Morgan
Jeremy Tonet
77% 1-year accuracy
23 / 30 met price target
11%downside
$42
Neutral
Maintained
29 Nov 2024
Goldman Sachs
John Mackay
78% 1-year accuracy
18 / 23 met price target
7%downside
$44
Buy
Maintained
26 Nov 2024
RBC Capital
Elvira Scotto
94% 1-year accuracy
30 / 32 met price target
16%downside
$40
Outperform
Maintained
11 Nov 2024

Financial journalist opinion

Neutral
PRNewsWire
1 month ago
EQT completes public offering of common stock of Kodiak Gas Services
The offering resulted in gross proceeds of USD232,925,000  NEW YORK , Dec. 13, 2024 /PRNewswire/ -- An affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV ("EQT") is pleased to announce the completion of an underwritten public offering (the "Offering") of 5,500,000 shares of common stock of Kodiak Gas Services, Inc. (NYSE: KGS) (the "Company") for gross proceeds of USD232,925,000. Goldman Sachs & Co. LLC and J.P.
EQT completes public offering of common stock of Kodiak Gas Services
Neutral
Business Wire
1 month ago
Kodiak Gas Services Announces Pricing of Underwritten Offering of 5,500,000 Shares of Common Stock by Selling Stockholder
THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced the pricing of an underwritten offering (the “Offering”) of 5,500,000 shares of its common stock by an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV (the “selling stockholder”) resulting in total gross proceeds of $232,925,000. Kodiak will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale.
Kodiak Gas Services Announces Pricing of Underwritten Offering of 5,500,000 Shares of Common Stock by Selling Stockholder
Neutral
Business Wire
1 month ago
Kodiak Gas Services Announces Public Offering of Common Stock by Selling Stockholder
THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced the underwritten public offering (the “Offering”) of 5,500,000 shares of its common stock by an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV (the “selling stockholder”). Kodiak will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares of its common stock being offered by the s.
Kodiak Gas Services Announces Public Offering of Common Stock by Selling Stockholder
Negative
Zacks Investment Research
1 month ago
3 Must-Watch Oil Equipment Stocks Rising Above Industry Challenges
Lower equipment demand and impact of uncontracted periods on offshore drilling equipment needs make the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry gloomy. NOV, Kodiak Gas (KGS) and Matrix Service (MTRX) are trying to survive industry challenges.
3 Must-Watch Oil Equipment Stocks Rising Above Industry Challenges
Neutral
Business Wire
2 months ago
Kodiak Gas Services Announces Pricing of Upsized Offering of Common Stock by Selling Stockholder
THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced the pricing of an upsized underwritten public offering (the “Offering”) of 5,708,885 shares of its common stock by an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV (the “selling stockholder”) at a price to the public of $34.50 per share. The selling stockholder granted the underwriters a 30-day option to purchase up to an additional 856,332.
Kodiak Gas Services Announces Pricing of Upsized Offering of Common Stock by Selling Stockholder
Neutral
Business Wire
2 months ago
Kodiak Gas Services Announces Public Offering of Common Stock by Selling Stockholder
THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced the commencement of an underwritten public offering (the “Offering”) of 4,853,556 shares of its common stock by an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV (the “selling stockholder”). The selling stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 728,034 shares of the Company's common stock. K.
Kodiak Gas Services Announces Public Offering of Common Stock by Selling Stockholder
Neutral
Business Wire
2 months ago
Kodiak Gas Services Announces $50 Million Share Repurchase Program
THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced that its Board of Directors (the “Board”) has approved a share repurchase program, with authorization to purchase up to an aggregate of $50 million of the Company's common stock (the “Share Repurchase Program”), commencing on the date thereof and expiring on December 31, 2025. Repurchases under the Share Repurchase Program may be made from time to time through open market rep.
Kodiak Gas Services Announces $50 Million Share Repurchase Program
Neutral
Seeking Alpha
2 months ago
Kodiak Gas Services, Inc. (KGS) Q3 2024 Earnings Call Transcript
Kodiak Gas Services, Inc. (NYSE:KGS ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Graham Sones - Vice President, Investor Relations Mickey McKee - President & Chief Executive Officer John Griggs - Chief Financial Officer Conference Call Participants Doug Irwin - Citi Gabe Moreen - Mizuho John Mackay - Goldman Sachs Neal Dingmann - Truist Securities Jim Rollyson - Raymond James Sebastian Erskine - Redburn Atlantic Theresa Chen - Barclays Zack Van Everen - TPH Operator Greetings and welcome to the Kodiak Gas Services, Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Kodiak Gas Services, Inc. (KGS) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
2 months ago
Kodiak Gas Services (KGS) Q3 Earnings and Revenues Surpass Estimates
Kodiak Gas Services (KGS) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.28 per share a year ago.
Kodiak Gas Services (KGS) Q3 Earnings and Revenues Surpass Estimates
Neutral
Business Wire
2 months ago
Kodiak Gas Services Announces Third Quarter 2024 Financial Results Including Record Quarterly Adjusted EBITDA and Free Cash Flow
THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”), a leading provider of critical energy infrastructure and contract compression services, today reported financial and operating results for the quarter ended September 30, 2024, updated full-year 2024 guidance and provided an early outlook on 2025 Adjusted EBITDA(1). Third Quarter 2024 and Recent Highlights Contract Services segment revenue and Adjusted Gross Margin Percentage(1) were $284.3.
Kodiak Gas Services Announces Third Quarter 2024 Financial Results Including Record Quarterly Adjusted EBITDA and Free Cash Flow
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