Board Change • May 20
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. Independent Director Chris Drumgoole is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • May 09
Kodiak Gas Services, Inc. Declares Cash Dividend for the First Quarter of 2026, Payable on May 28, 2026 Kodiak Gas Services, Inc. announced that its board of directors has declared a cash dividend of $0.49 per share of common stock for the first quarter of 2026 (the “Common Stock Dividend”). This Common Stock Dividend will be paid on May 28, 2026 to all stockholders of record as of the close of business on May 18, 2026. Announcement • May 05
Kodiak Gas Services, Inc. to Report Q1, 2026 Results on May 11, 2026 Kodiak Gas Services, Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 11, 2026 Announcement • Mar 17
Kodiak Gas Services, Inc., Annual General Meeting, May 07, 2026 Kodiak Gas Services, Inc., Annual General Meeting, May 07, 2026. Announcement • Feb 26
Kodiak Gas Services, Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2025 Kodiak Gas Services, Inc. reported impairment charges for the fourth quarter ended December 31, 2025. For the quarter, the company reported long-lived asset impairment of $6,344,000. Announcement • Feb 05
Kodiak Gas Services, Inc. (NYSE:KGS) entered into a membership interest purchase agreement to acquire Distributed Power Solutions, Inc. from Louisiana Machinery Company, L.L.C. and Mustang Machinery Company, Ltd. for approximately $680 million. Kodiak Gas Services, Inc. (NYSE:KGS) entered into a membership interest purchase agreement to acquire Distributed Power Solutions, Inc. from Louisiana Machinery Company, L.L.C. and Mustang Machinery Company, Ltd. for approximately $680 million on February 5, 2026. A cash consideration of $575 million will be paid by Kodiak Gas Services, Inc. The consideration consists of 2.4 million common equity of Kodiak Gas Services, Inc. having a value of $101.81 million to be issued for common equity of Distributed Power Solutions, Inc. As part of consideration, $676.81 million is paid towards common equity of Distributed Power Solutions, Inc. The total transaction value is approximately $675 million, before transaction costs. and customary adjustments. The transaction will be funded from ABL facility of $590 million. Buyer may be required to pay the Sellers a termination fee of $37.125 million.
DPS’s management team will join Kodiak.
The transaction is subject to approval of merger agreement by target board, subject to antitrust regulations, approval by regulatory board / committee and approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is in early April of 2026. The DPS transaction value is equal to approximately 7.4x DPS’s estimated 2026 full year adjusted EBITDA and will be immediately accretive to earnings and discretionary cash flow per share. The transaction is expected to be accretive on Kodiak's discretionary cash flow per share and Earning per share basis.
Intrepid Partners, LLC acted as financial advisor for Kodiak Gas Services, Inc. David C. Buck and Atman Shukla of Sidley Austin LLP acted as legal advisor for Kodiak Gas Services, Inc. Morgan Stanley acted as financial advisor for Distributed Power Solutions, Inc. Benjamin Woodruff and Britton Seal of Jones Walker LLP and Matt Stockstill and Billie Ellis, Jr. of Winston & Strawn LLP acted as legal advisor for one of the seller parties. Announcement • Nov 13
Kodiak Gas Services, Inc. has completed a Follow-on Equity Offering in the amount of $336 million. Kodiak Gas Services, Inc. has completed a Follow-on Equity Offering in the amount of $336 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: $33.6
Discount Per Security: $0.279 Announcement • Nov 12
Kodiak Gas Services, Inc. has filed a Follow-on Equity Offering. Kodiak Gas Services, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 10,000,000 Announcement • Sep 02
Kodiak Gas Services, Inc. Announces Board and Committee Changes Kodiak Gas Services, Inc. announced that effective as of August 27, 2025, Nirav Shah resigned from his position as a member of the Board of Directors of Kodiak Gas Services, Inc. Mr. Shah did not resign due to any disagreement with the Company on any matter relating to its operations, policies or practices. The Company thanks Mr. Shah for his service to the Company and its stockholders. Effective September 2, 2025, William L. Bullock, Jr. was elected as a member of the Board of the Company. Mr. Bullock was also appointed to serve as a member of the Audit & Risk Committee of the Board and as a member of the Personnel & Compensation Committee of the Board. Mr. Bullock will serve as a Class III director with a term expiring at the Company’s 2026 Annual Meeting of Shareholders, or until his successor has been duly elected and qualified or until his earlier death, resignation or removal. Following the appointment of Mr. Bullock to the Board, the full Board will consist of nine directors. Announcement • Aug 04
Kodiak Gas Services, Inc. Appoints Steven L. Green as Executive Vice President and Chief Commercial Officer, Effective August 4, 2025 Kodiak Gas Services, Inc. announced the appointment of Steven L. Green as Executive Vice President and Chief Commercial Officer (CCO), effective August 4, 2025. Mr. Green brings more than two decades of commercial, operational, and strategic leadership across the energy and midstream sectors. His appointment underscores Kodiak’s commitment to accelerating growth, optimizing its commercial platform, and delivering long-term value for shareholders. As CCO, Mr. Green will oversee Kodiak’s enterprise-wide commercial strategy, including customer engagement, contract structuring, and business development initiatives. He will also play a key role in shaping the company’s long-term strategic planning and execution roadmap. Mr. Green most recently served as Chief Executive Officer of Piñon Midstream, where he founded and led the development of a premier sour natural gas treating system in the Delaware Basin. Under his leadership, Piñon executed a differentiated commercial model, secured anchor commitments from investment-grade producers, and successfully monetized the platform in a $950 million transaction with Enterprise Products Partners. Earlier in his career, Mr. Green held key commercial and leadership roles at Caiman Energy /Blue Racer Midstream, where he managed over 700 miles of pipeline and 1.3 Bcf/d of processing capacity while overseeing nearly $2.5 billion in capital deployment. He also has significant technical and operational expertise from his time with Regency Energy Partners and Plains Gas Solutions. Announcement • Aug 01
Kodiak Gas Services, Inc. to Report Q2, 2025 Results on Aug 06, 2025 Kodiak Gas Services, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Announcement • Jul 25
Kodiak Gas Services, Inc. Announces Quarterly Cash Dividend for Second Quarter 2025, Payable on August 14, 2025 Kodiak Gas Services, Inc. announced that its board of directors has declared a cash dividend of $0.45 per share of common stock for the second quarter of 2025. This Common Stock Dividend will be paid on August 14, 2025 to all stockholders of record as of the close of business on August 4, 2025. Announcement • Apr 25
Kodiak Gas Services, Inc. Announces Increase to Its Quarterly Cash Dividend for First Quarter 2025, Payable on May 15, 2025 Kodiak Gas Services, Inc. announced that its board of directors has declared an increase to its quarterly cash dividend to $0.45 per share of common stock for the first quarter of 2025. This Common Stock Dividend represents a 10% increase over the Common Stock Dividend declared for the fourth quarter of 2024 and will be paid on May 15, 2025 to all stockholders of record as of the on May 5, 2025. Announcement • Apr 24
Kodiak Gas Services, Inc. to Report Q1, 2025 Results on May 07, 2025 Kodiak Gas Services, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Announcement • Mar 18
Kodiak Gas Services, Inc., Annual General Meeting, Apr 23, 2025 Kodiak Gas Services, Inc., Annual General Meeting, Apr 23, 2025. Announcement • Dec 13
Kodiak Gas Services, Inc. has filed a Follow-on Equity Offering. Kodiak Gas Services, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 5,500,000 Announcement • Nov 16
Kodiak Gas Services, Inc. has completed a Follow-on Equity Offering in the amount of $196.956533 million. Kodiak Gas Services, Inc. has completed a Follow-on Equity Offering in the amount of $196.956533 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 5,708,885
Price\Range: $34.5
Discount Per Security: $1.2938 Reported Earnings • Nov 08
Third quarter 2024 earnings released: US$0.067 loss per share (vs US$0.28 profit in 3Q 2023) Third quarter 2024 results: US$0.067 loss per share (down from US$0.28 profit in 3Q 2023). Revenue: US$324.6m (up 41% from 3Q 2023). Net loss: US$5.65m (down 126% from profit in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Energy Services industry in Europe. Announcement • Nov 08
Kodiak Gas Services, Inc. Reports Impairment Charges for the Third Quarter Ended September 30, 2024 Kodiak Gas Services, Inc. reported impairment charges for the third quarter ended September 30, 2024. For the quarter, the company reported long-lived asset impairment of $9,921,000. Declared Dividend • Oct 28
Second quarter dividend of US$0.41 announced Shareholders will receive a dividend of US$0.41. Ex-date: 1st November 2024 Payment date: 8th November 2024 Dividend yield will be 5.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (243% earnings payout ratio) nor is it covered by cash flows (dividend approximately 7x free cash flows). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 170% to bring the payout ratio under control. EPS is expected to grow by 198% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Buy Or Sell Opportunity • Oct 25
Now 21% undervalued Over the last 90 days, the stock has risen 15% to €27.80. The fair value is estimated to be €35.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last year. Earnings per share has declined by 29%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 248% in the next 2 years. Announcement • Oct 22
Kodiak Gas Services, Inc. to Report Q3, 2024 Results on Nov 06, 2024 Kodiak Gas Services, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024 Announcement • Sep 11
Kodiak Gas Services, Inc. has completed a Follow-on Equity Offering in the amount of $152.173925 million. Kodiak Gas Services, Inc. has completed a Follow-on Equity Offering in the amount of $152.173925 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 6,086,957
Price\Range: $25 Announcement • Sep 10
Kodiak Gas Services, Inc. (NYSE:KGS) announces an Equity Buyback for $25 million worth of its shares. Kodiak Gas Services, Inc. (NYSE:KGS) announces a share repurchase program. Under the program, the company will repurchase up to $25 million worth of its shares of common stock from the selling stockholder in a private transaction at a price per share equal to the public offering price. The company intends to fund the Share Repurchase with borrowings under the ABL Facility pursuant to our Fourth Amended and Restated Credit Agreement, dated as of March 22, 2023, as the same has been or may be amended from time to time. Any shares of common stock that is repurchased in the Share Repurchase will be held as treasury shares. The closing of the Share Repurchase is contingent on the closing of this offering. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: US$0.074 (vs US$0.30 in 2Q 2023) Second quarter 2024 results: EPS: US$0.074 (down from US$0.30 in 2Q 2023). Revenue: US$309.7m (up 52% from 2Q 2023). Net income: US$6.23m (down 64% from 2Q 2023). Profit margin: 2.0% (down from 8.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Energy Services industry in Europe. Announcement • Aug 02
Kodiak Gas Services, Inc. Announces 8% Increase to Quarterly Dividend, Payable on August 16, 2024 Kodiak Gas Services, Inc. announced that its board of directors has approved an 8% increase in the quarterly cash dividend to $0.41 per share of common stock for the second quarter of 2024 (the “Common Stock Dividend”). This Common Stock Dividend will be paid on August 16, 2024 to all stockholders of record as of the close of business on August 12, 2024. Announcement • Jul 25
Kodiak Gas Services, Inc. to Report Q2, 2024 Results on Aug 12, 2024 Kodiak Gas Services, Inc. announced that they will report Q2, 2024 results After-Market on Aug 12, 2024 Buy Or Sell Opportunity • Jul 01
Now 36% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.8% to €25.00. The fair value is estimated to be €39.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has grown by 15%. Revenue is forecast to grow by 38% in a year. Earnings are forecast to grow by 184% in the next year. Buy Or Sell Opportunity • Jun 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.8% to €23.80. The fair value is estimated to be €30.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has grown by 15%. Revenue is forecast to grow by 38% in a year. Earnings are forecast to grow by 184% in the next year. Reported Earnings • May 09
First quarter 2024 earnings released First quarter 2024 results: EPS: US$0.39. Revenue: US$215.5m (up 13% from 1Q 2023). Net income: US$30.2m (up US$42.6m from 1Q 2023). Profit margin: 14% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Energy Services industry in Europe. Buy Or Sell Opportunity • May 04
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to €24.80. The fair value is estimated to be €20.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 59% in 2 years. Earnings are forecast to grow by 800% in the next 2 years. Announcement • May 03
Kodiak Gas Services Announces Quarterly Dividend of Common Stock, Payable on May 20, 2024 Kodiak Gas Services, Inc. announced that its board of directors has declared a cash dividend of $0.38 per share of common stock for the first quarter of 2024 (the "Common Stock Dividend"). This Common Stock Dividend will be paid on May 20, 2024 to all stockholders of record as of the close of business on May 13, 2024. Announcement • Apr 26
Kodiak Gas Services, Inc. to Report Q1, 2024 Results on May 08, 2024 Kodiak Gas Services, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 08, 2024 Buy Or Sell Opportunity • Apr 22
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to €24.80. The fair value is estimated to be €20.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 59% in 2 years. Earnings are forecast to grow by 800% in the next 2 years. Announcement • Apr 12
Kodiak Gas Services, Inc. Files Form 15 Kodiak Gas Services, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Units Representing Limited Partnership Interests under the Securities Exchange Act of 1934, as amended. Reported Earnings • Mar 08
Full year 2023 earnings released Full year 2023 results: EPS: US$0.29. Revenue: US$850.4m (up 20% from FY 2022). Net income: US$20.1m (down 81% from FY 2022). Profit margin: 2.4% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Energy Services industry in Europe. Announcement • Feb 21
Kodiak Gas Services, Inc. to Report Q4, 2023 Results on Mar 06, 2024 Kodiak Gas Services, Inc. announced that they will report Q4, 2023 results After-Market on Mar 06, 2024 Reported Earnings • Feb 13
Third quarter 2023 earnings released Third quarter 2023 results: EPS: US$0.28. Net income: US$21.8m (up US$21.8m from 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Energy Services industry in Europe. Upcoming Dividend • Feb 08
Upcoming dividend of US$0.38 per share at 6.5% yield Eligible shareholders must have bought the stock before 15 February 2024. Payment date: 23 February 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.5%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (3.6%). Announcement • Jan 30
Kodiak Gas Services, Inc. Provides Consolidated Earnings Guidance for the Fiscal Years Ended December 31, 2023 Kodiak Gas Services, Inc. provided consolidated earnings guidance for the fiscal years ended December 31, 2023. for the year, the company expects Revenue of $846,000,000 to $851,000,000 and Net Income of $20,000,000 to $24,000,000. Announcement • Jan 29
Kodiak Gas Services, Inc. Announces Quarterly Cash Dividend, Payable on February 23, 2024 Kodiak Gas Services, Inc. announced that its board of directors has declared a cash dividend of $0.38 per share of common stock, or $1.52 per share of common stock on an annualized basis, for the fourth quarter of 2023. This cash dividend will be paid on February 23, 2024 to all stockholders of record as of the close of business on February 16, 2024. Announcement • Dec 27
Kodiak Gas Services, Inc., Annual General Meeting, May 01, 2024 Kodiak Gas Services, Inc., Annual General Meeting, May 01, 2024. 
