Natural Gas Services Group, Inc.
NYSE•NGS
CEO: Mr. Justin C. Jacobs
Sector: Energy
Industry: Oil & Gas Equipment & Services
Listing Date: 2002-10-22
Natural Gas Services Group, Inc. provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts. In addition, the company offers flare stacks and related ignition and control devices for the onshore and offshore incineration of gas compounds, such as hydrogen sulfide, carbon dioxide, natural gas, and liquefied petroleum gases. Further, it provides aftermarket services for its compressor and flare sales business; and exchange and rebuild program for small horsepower screw compressors. It markets its products to exploration and production companies that utilize compressor units for artificial lift applications; and oil and natural gas exploration and production companies. Natural Gas Services Group, Inc. was incorporated in 1998 and is headquartered in Midland, Texas.
Contact Information
Market Cap
$535.56M
P/E (TTM)
24.5
30.8
Dividend Yield
1.1%
52W High
$44.12
52W Low
$22.72
52W Range
Rank39Top 39.1%
4.2
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q1 2026 Data
Revenue
$48.47M+0.00%
4-Quarter Trend
EPS
$0.54+0.00%
4-Quarter Trend
FCF
$7.79M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Rental Revenue Growth Strong Rental revenue grew 13.9% to $164.3M, driven by fleet expansion and utilization gains across key basins.
Total Revenue Increased 10.0% Total revenue reached $172.3M, marking a 10.0% increase supported by strong rental performance in 2025.
Net Income Rises to $19.9M Net income improved to $19.9M from $17.2M, reflecting higher margins and increased operational scale during the year.
Horsepower Utilization Improves Rented horsepower grew 14.4% to 562,676 HP, boosting utilization rate to 84.9% by year-end 2025.
Risk Factors
Major Customer Concentration Loss of two major customers, Oxy and Devon, representing 59% of 2025 revenue, poses a material adverse effect.
Oil Price Volatility Threat Volatile oil and gas prices directly impact producer budgets, eroding rental pricing and utilization rates quickly.
Inflationary Cost Pressures Continued inflation pressures increase cost structure for labor and parts, potentially limiting ability to raise rental rates.
Short-Term Rental Agreement Risk Approximately half of rental horsepower is month-to-month, risking revenue loss if contracts are not timely renewed.
Outlook
Optimize Existing Utilized Fleet Strategy focuses on optimizing utilized fleet profitability through targeted price increases and operational efficiencies.
Prudent Fleet Expansion Intent Intends prudent rental fleet expansion, focusing on larger horsepower units via pre-contracted agreements with customers.
Evaluate Accretive M&A Will continue evaluating potential mergers and acquisitions that could enhance shareholder value and expand capabilities.
Maintain Capital Flexibility Maintain prudent debt levels, utilizing $170.0M available capacity under Credit Facility for 2026 capital requirements.
Peer Comparison
Revenue (TTM)
$1.86B
$914.33M
$806.90M
Gross Margin (Latest Quarter)
60.9%
50.4%
42.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| OBE | $815.09M | 1023.5 | 0.1% | 13.4% |
| WTI | $659.09M | -4.6 | 81.5% | 36.8% |
| FET | $645.48M | -101.8 | -2.1% | 31.5% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
5.4%
Steady Growth
4Q Net Income CAGR
9.2%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Aug 10, 2026
EPS:$0.48
|Revenue:$49.39M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data