NGS Stock Overview
Natural Gas Services Group, Inc. provides natural gas compression services and equipment to the energy industry in the United States.
No risks detected for NGS from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$10.26|
|52 Week High||US$12.97|
|52 Week Low||US$8.00|
|1 Month Change||-3.21%|
|3 Month Change||-9.28%|
|1 Year Change||18.48%|
|3 Year Change||-40.35%|
|5 Year Change||-66.36%|
|Change since IPO||141.41%|
Recent News & Updates
Natural Gas Services Group Targets Margin Improvement
The natural gas production continues to surge while price has taken a dip over the past couple of months after the sharp upward movement in 1H 2021. Rental rate and gross margin improved as the share of large horsepower units rose in NGS's portfolio. Cash flows declined sharply in 9M 2021 as working capital requirements increase. The stock is marginally overvalued versus its peers at this level.
|NGS||US Energy Services||US Market|
Return vs Industry: NGS underperformed the US Energy Services industry which returned 30.7% over the past year.
Return vs Market: NGS exceeded the US Market which returned 6.6% over the past year.
|NGS Average Weekly Movement||6.1%|
|Energy Services Industry Average Movement||7.3%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: NGS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NGS's weekly volatility (6%) has been stable over the past year.
About the Company
Natural Gas Services Group, Inc. provides natural gas compression services and equipment to the energy industry in the United States. It fabricates, manufactures, rents, and sells natural gas compressors and related equipment. The company primarily engages in the rental of compression units that provide small, medium, and large horsepower applications for unconventional oil and natural gas production.
Natural Gas Services Group Fundamentals Summary
|NGS fundamental statistics|
Is NGS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NGS income statement (TTM)|
|Cost of Revenue||US$40.83m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.42|
|Net Profit Margin||-7.63%|
How did NGS perform over the long term?See historical performance and comparison
Is Natural Gas Services Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NGS ($10.26) is trading below our estimate of fair value ($43.63)
Significantly Below Fair Value: NGS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NGS is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.
PE vs Market: NGS is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NGS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NGS is good value based on its PB Ratio (0.5x) compared to the US Energy Services industry average (1.1x).
How is Natural Gas Services Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NGS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: NGS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NGS's is expected to become profitable in the next 3 years.
Revenue vs Market: NGS's revenue (0.3% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: NGS's revenue (0.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NGS's Return on Equity is forecast to be high in 3 years time
How has Natural Gas Services Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NGS is currently unprofitable.
Growing Profit Margin: NGS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NGS is unprofitable, and losses have increased over the past 5 years at a rate of 48% per year.
Accelerating Growth: Unable to compare NGS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NGS is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-2.7%).
Return on Equity
High ROE: NGS has a negative Return on Equity (-2.23%), as it is currently unprofitable.
How is Natural Gas Services Group's financial position?
Financial Position Analysis
Short Term Liabilities: NGS's short term assets ($69.6M) exceed its short term liabilities ($15.5M).
Long Term Liabilities: NGS's short term assets ($69.6M) exceed its long term liabilities ($44.3M).
Debt to Equity History and Analysis
Debt Level: NGS is debt free.
Reducing Debt: NGS has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: NGS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NGS has no debt, therefore coverage of interest payments is not a concern.
What is Natural Gas Services Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NGS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NGS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NGS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NGS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NGS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Taylor (67 yo)
Mr. Stephen C. Taylor, also known as Steve, has been Chairman of Natural Gas Services Group Inc. since January 1, 2006 and as its Chief Executive Officer and President since January 20, 2005. Mr. Taylor se...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD3.19M) is above average for companies of similar size in the US market ($USD582.55K).
Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.
Experienced Management: NGS's management team is seasoned and experienced (16.6 years average tenure).
Experienced Board: NGS's board of directors are seasoned and experienced ( 15.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Natural Gas Services Group, Inc.'s employee growth, exchange listings and data sources
- Name: Natural Gas Services Group, Inc.
- Ticker: NGS
- Exchange: NYSE
- Founded: 1998
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: US$133.777m
- Shares outstanding: 13.04m
- Website: https://www.ngsgi.com
Number of Employees
- Natural Gas Services Group, Inc.
- 404 Veterans Airpark Lane
- Suite 300
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 23:40|
|End of Day Share Price||2022/01/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.