Stifel initiated coverage on Natural Gas Services with a new price target
$NGS
Oilfield Services/Equipment
Energy
Stifel initiated coverage of Natural Gas Services with a rating of Buy and set a new price target of $18.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/7/2024 | $27.00 | Strong Buy | Raymond James |
| 12/20/2023 | $18.00 | Buy | Stifel |
8-K - NATURAL GAS SERVICES GROUP INC (0001084991) (Filer)
8-K - NATURAL GAS SERVICES GROUP INC (0001084991) (Filer)
10-Q - NATURAL GAS SERVICES GROUP INC (0001084991) (Filer)
Raymond James initiated coverage of Natural Gas Services with a rating of Strong Buy and set a new price target of $27.00
Stifel initiated coverage of Natural Gas Services with a rating of Buy and set a new price target of $18.00
Midland, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. ("NGS" or the "Company") (NYSE:NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced financial results for the three months ended September 30, 2024. The Company also updated its prior guidance for the full year, increasing its outlook for Adjusted EBITDA, along with providing a preliminary view of expected level of FY 2025 growth capital expenditures. Third Quarter 2024 Highlights Rental revenue of $37.4 million, an increase of 35% when compared to the third quarter of 2023 and 7% sequentially.Net income of $5.0 million, or
Midland, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. ("NGS" or the "Company") (NYSE:NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced its participation at an investor conference in November of 2024. Justin Jacobs, Chief Executive Officer of Natural Gas Services Group will present at the Sidoti Micro-Cap Virtual Investor Conference, scheduled on November 13-14, 2024. Mr. Jacobs will deliver his presentation on Wednesday, November 13th, 2024 at 1:45 p.m. ET. About the Sidoti Micro-Cap Conference – Sidoti is a provider of independent securities research focused on small- and micro-ca
Midland, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. ("NGS" or the "Company") (NYSE:NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, announced today that Ian Eckert will join the company's executive leadership team as its new Chief Financial Officer no later than January 6, 2025. John Bittner, NGS's current Interim CFO, will continue in that role until Mr. Eckert's start date and then provide transition services thereafter. "I am thrilled to welcome Ian to the NGS leadership team as our Chief Financial Officer and look forward to his contributions," stated Justin Jacobs, Chief Executive Officer of NGS.
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SC 13G - NATURAL GAS SERVICES GROUP INC (0001084991) (Subject)
SC 13G/A - NATURAL GAS SERVICES GROUP INC (0001084991) (Subject)
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4/A - NATURAL GAS SERVICES GROUP INC (0001084991) (Issuer)
Midland, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. ("NGS" or the "Company") (NYSE:NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced financial results for the three months ended September 30, 2024. The Company also updated its prior guidance for the full year, increasing its outlook for Adjusted EBITDA, along with providing a preliminary view of expected level of FY 2025 growth capital expenditures. Third Quarter 2024 Highlights Rental revenue of $37.4 million, an increase of 35% when compared to the third quarter of 2023 and 7% sequentially.Net income of $5.0 million, or
Midland, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of natural gas compression equipment, technology and services to the energy industry, will host a conference call to review its third-quarter financial results on Friday, November 15, 2024 at 8:30 a.m. (EST), 7:30 a.m. (CST). The Company's Q3 2024 financial and operating results for the nine months ended September 30, 2024 will be disseminated via press release and made available on the Company's website (www.ngsgi.com) after market close on Thursday, November 14, 2024. To join the conference call, kindly access the Investor Relations section of our website at www.ngsgi.com
Midland, Texas, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. ("NGS" or the "Company") (NYSE:NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced financial results for the three months ended June 30, 2024. The Company also updated its prior guidance for the full year, increasing its outlook for both Adjusted EBITDA and growth capital expenditures. Second Quarter 2024 Highlights Rental revenue of $34.9 million, an increase of 45% when compared to the second quarter of 2023 and 4% sequentially.Net income of $4.3 million, or $0.34 per basic share, as compared to $0.5 million, or $
Natural Gas Services Gr (NYSE:NGS) reported quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.21 by 95.24 percent. This is a 1266.67 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $36.907 million which beat the analyst consensus estimate of $34.950 million by 5.60 percent. This is a 38.64 percent increase over sales of $26.620 million the same period last year.
Stifel analyst Selman Akyol maintains Natural Gas Services Gr (NYSE:NGS) with a Buy and raises the price target from $18 to $26.
Natural Gas Services Gr (NYSE:NGS) reported its Q4 earnings results on Monday, April 1, 2024 at 04:49 PM. Here's what investors need to know about the announcement. Earnings Natural Gas Services Gr beat estimated earnings by 133.0%, reporting an EPS of $0.14 versus an estimate of $0.06. Revenue was up $13.70 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.11 which was followed by a 13.0% increase in the share price the next day. Here's a look at Natural Gas Services Gr's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.07 -0.02 -0.06 -0.01 EPS Actual 0.18 0.10 0.03 -0.06 Revenue Estimate 28.05M 24
Midland, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. ("NGS" or the "Company") (NYSE:NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, announced today that Ian Eckert will join the company's executive leadership team as its new Chief Financial Officer no later than January 6, 2025. John Bittner, NGS's current Interim CFO, will continue in that role until Mr. Eckert's start date and then provide transition services thereafter. "I am thrilled to welcome Ian to the NGS leadership team as our Chief Financial Officer and look forward to his contributions," stated Justin Jacobs, Chief Executive Officer of NGS.
Midland, Texas, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. ("NGS" or the "Company") (NYSE:NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, announced today that its Board of Directors has appointed Jean Holley as a Director, effective November 1, 2024. In connection with the appointment, the Company increased the size of its Board from six to seven directors. "We are excited to welcome Jean to NGS's Board of Directors," stated Justin Jacobs, Chief Executive Officer of NGS. "Jean is an accomplished executive with significant expertise across a number of businesses and disciplines which we
Midland, Texas, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of gas compression equipment, technology, and services to the energy industry, announced today that James Hazlett, who served as Chief Technology Officer of the Company and worked with Natural Gas Services Group since 2005, has officially retired. "I would like to personally thank Jim for his two decades of dedicated service to Natural Gas Services Group," said Steve Taylor, Chairman of the Company. "He was a driving force in our technical success and his contributions are still felt throughout the company. He built a strong team in the process, one that will con
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