Date | Price Target | Rating | Analyst |
---|---|---|---|
10/2/2024 | $36.00 | Outperform | Mizuho |
9/27/2024 | $35.00 | Buy | Citigroup |
9/19/2024 | $35.00 | Buy | Redburn Atlantic |
9/18/2024 | $30.00 | Buy | BofA Securities |
7/17/2024 | Equal Weight | Barclays | |
3/8/2024 | $27.00 | Overweight → Neutral | JP Morgan |
8/11/2023 | $21.00 → $23.00 | Outperform | Raymond James |
7/24/2023 | $19.00 | Equal Weight | Barclays |
7/24/2023 | $25.00 | Outperform | RBC Capital Mkts |
7/24/2023 | $24.00 | Overweight | JP Morgan |
Barclays analyst Theresa Chen reinstates Kodiak Gas Services (NYSE:KGS) with a Equal-Weight and announces $29 price target.
Analysts' ratings for Kodiak Gas Services (NYSE:KGS) over the last quarter vary from bullish to bearish, as provided by 10 analysts. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 3 2 0 0 Last 30D 0 1 0 0 0 1M Ago 1 0 0 0 0 2M Ago 1 1 1 0 0 3M Ago 3 1 1 0 0 Analysts have recently evaluated Kodiak Gas Services and provided 12-month price targets. The average target is $28.9, accompanied by a high estimate of $32.00 and a low estimate of $26.00. Marking an increase of 8.04
RBC Capital analyst TJ Schultz maintains Kodiak Gas Services (NYSE:KGS) with a Outperform and raises the price target from $28 to $30.
Truist Securities analyst Neal Dingmann maintains Kodiak Gas Services (NYSE:KGS) with a Buy and raises the price target from $28 to $32.
Increased 2024 GuidanceCompleted the acquisition of CSI on April 1, 2024, creating the industry's largest contract compression fleetRaised full-year 2024 Adjusted EBITDA guidance to a range of $580 to $610 millionExpect to generate Discretionary Cash Flow(1) of between $360 and $390 million in 2024"2024 is off to a strong start marked by steady growth and solid execution in our core contract compression business," stated Mickey McKee, Kodiak's founder and Chief Executive Officer. "Our focus on the Permian and other liquids-rich, associated gas basins allowed us to deliver strong first quarter results despite soft natural gas prices, and we stand to benefit from the coming growth in U.S. natu
Kodiak Gas Services (NYSE:KGS) reported quarterly earnings of $0.39 per share which beat the analyst consensus estimate of $0.36 by 8.33 percent. The company reported quarterly sales of $215.492 million which missed the analyst consensus estimate of $220.551 million by 2.29 percent. This is a 13.35 percent increase over sales of $190.112 million the same period last year.
Raymond James analyst James Rollyson maintains Kodiak Gas Services (NYSE:KGS) with a Outperform and raises the price target from $30 to $32.
Throughout the last three months, 8 analysts have evaluated Kodiak Gas Services (NYSE:KGS), offering a diverse set of opinions from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 2 2 0 0 Last 30D 1 0 0 0 0 1M Ago 2 0 1 0 0 2M Ago 1 1 1 0 0 3M Ago 0 1 0 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $27.5, a high estimate of $31.00, and a low estimate of $25.00. Observing a 9.26% increase, the current a
Goldman Sachs analyst John Mackay maintains Kodiak Gas Services (NYSE:KGS) with a Buy and raises the price target from $27 to $31.
On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended buying Tyler Technologies, Inc. (NYSE:TYL). "That’s a very well-run company," he noted. On Feb. 14, Tyler Technologies reported mixed financial results for its fourth quarter. Cramer said he would certainly hold on Cisco Systems, Inc. (NASDAQ:CSCO). "Let’s ring the register," Cramer said about Kodiak Gas Services, Inc. (NYSE:KGS), "That stock’s gone up too much." On March 6, Kodiak Gas Services reported worse-than-expected fourth-quarter earnings and issued FY24 guidance. The Vita Coco Company, Inc. (NYSE:COCO) is a "good" stock, Cramer said. On Feb. 28, Vita Coco reported better-than-expected fourth-quarter financial
4 - Kodiak Gas Services, Inc. (0001767042) (Issuer)
4 - Kodiak Gas Services, Inc. (0001767042) (Issuer)
4 - Kodiak Gas Services, Inc. (0001767042) (Issuer)
4 - Kodiak Gas Services, Inc. (0001767042) (Issuer)
4 - Kodiak Gas Services, Inc. (0001767042) (Issuer)
4 - Kodiak Gas Services, Inc. (0001767042) (Issuer)
4 - Kodiak Gas Services, Inc. (0001767042) (Issuer)
4 - Kodiak Gas Services, Inc. (0001767042) (Issuer)
4 - Kodiak Gas Services, Inc. (0001767042) (Issuer)
4 - Kodiak Gas Services, Inc. (0001767042) (Issuer)
SC 13G/A - Kodiak Gas Services, Inc. (0001767042) (Subject)
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SC 13G/A - Kodiak Gas Services, Inc. (0001767042) (Subject)
SC 13D - Kodiak Gas Services, Inc. (0001767042) (Subject)
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 shares of the Company's common stock. 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 selling stockholder. The Offeri
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. 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 selling stockholder. The Offering is subject to market and other condi
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 repurchases or through privately negotiated transactions subject to market conditions, applicable legal requirements, and other relevant factors. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10
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 million and 66.0%, respectively Net loss of $6.2 million included a $9.9 million long-lived asset impairment, a $10.4 million loss on asset sales and a $20.3 million non-cash, mark-to-market loss on interest rate hedges Record quart
Kodiak Gas Services, Inc. (NYSE:KGS), ("Kodiak" or the "Company") today announced that its board of directors has declared a cash dividend of $0.41 per share of common stock for the third quarter of 2024 (the "Common Stock Dividend"). This Common Stock Dividend will be paid on November 8, 2024 to all stockholders of record as of the close of business on November 1, 2024. In conjunction with the Common Stock Dividend, Kodiak Gas Services, LLC ("Kodiak Services"), a subsidiary of Kodiak, has declared a distribution of $0.41 per unit for the third quarter of 2024, which will be paid on November 8, 2024 to all unitholders of record of Kodiak Services on November 1, 2024. Kodiak will release t
Kodiak Gas Services, Inc. (NYSE:KGS) ("Kodiak" or the "Company") today announced the pricing of an underwritten public offering (the "Offering") of 6,086,957 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 $25.00 per share. The selling stockholder granted the underwriters a 30-day option to purchase up to an additional 913,043 shares of the Company's common stock. 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 selling stockholder. The Offering is ex
Kodiak Gas Services, Inc. (NYSE:KGS) ("Kodiak" or the "Company") today announced the commencement of an underwritten public offering (the "Offering") of 6,140,182 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 921,027 shares of the Company's common stock. 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 selling stockholder. The Offering is subject to market and other condi
Kodiak Gas Services, Inc. (NYSE:KGS) ("Kodiak" or the "Company") today announced that 2023 Schedule K-3 investor tax packages reflecting items of international tax relevance for former CSI Compressco LP ("CSI Compressco" or the "Partnership") unitholders are now available online. They may be accessed directly through the K-1 Tax Package Support website at www.taxpackagesupport.com/compressco. Kodiak completed the acquisition of CSI Compressco on April 1, 2024. A limited number of former Partnership unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed informatio
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 June 30, 2024 and also updated full-year 2024 guidance. Second Quarter 2024 and Recent Highlights Total revenues were $309.7 million compared to $203.3 million in the second quarter of 2023 Contract Services segment revenues and Adjusted Gross Margin Percentage(1) were $276.3 million and 64.0%, respectively Net income was $6.7 million compared to net income of $17.5 million in the second quarter of 2023 Record quarterly Adjusted EBITDA(1) of $154.3 million c
Kodiak Gas Services, Inc. (NYSE:KGS), ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today 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. Mickey McKee, Kodiak's President and Chief Executive Officer, commented "returning capital to stockholders is a key element of our capital allocation strategy. The dividend increase we announced today refl
4 - Kodiak Gas Services, Inc. (0001767042) (Issuer)
4 - Kodiak Gas Services, Inc. (0001767042) (Issuer)
Mizuho initiated coverage of Kodiak Gas Services with a rating of Outperform and set a new price target of $36.00
Citigroup initiated coverage of Kodiak Gas Services with a rating of Buy and set a new price target of $35.00
Redburn Atlantic initiated coverage of Kodiak Gas Services with a rating of Buy and set a new price target of $35.00
BofA Securities resumed coverage of Kodiak Gas Services with a rating of Buy and set a new price target of $30.00
Barclays resumed coverage of Kodiak Gas Services with a rating of Equal Weight
JP Morgan downgraded Kodiak Gas Services from Overweight to Neutral and set a new price target of $27.00
Raymond James reiterated coverage of Kodiak Gas Services with a rating of Outperform and set a new price target of $23.00 from $21.00 previously
Barclays initiated coverage of Kodiak Gas Services with a rating of Equal Weight and set a new price target of $19.00
RBC Capital Mkts initiated coverage of Kodiak Gas Services with a rating of Outperform and set a new price target of $25.00
JP Morgan initiated coverage of Kodiak Gas Services with a rating of Overweight and set a new price target of $24.00
8-K - Kodiak Gas Services, Inc. (0001767042) (Filer)
424B7 - Kodiak Gas Services, Inc. (0001767042) (Filer)
FWP - Kodiak Gas Services, Inc. (0001767042) (Subject)
424B7 - Kodiak Gas Services, Inc. (0001767042) (Filer)
FWP - Kodiak Gas Services, Inc. (0001767042) (Subject)
10-Q - Kodiak Gas Services, Inc. (0001767042) (Filer)
8-K - Kodiak Gas Services, Inc. (0001767042) (Filer)
8-K - Kodiak Gas Services, Inc. (0001767042) (Filer)
424B7 - Kodiak Gas Services, Inc. (0001767042) (Filer)
424B7 - Kodiak Gas Services, Inc. (0001767042) (Filer)
Kodiak Gas Services, Inc. (NYSE:KGS), ("Kodiak" or the "Company") today announced that its board of directors has declared a cash dividend of $0.41 per share of common stock for the third quarter of 2024 (the "Common Stock Dividend"). This Common Stock Dividend will be paid on November 8, 2024 to all stockholders of record as of the close of business on November 1, 2024. In conjunction with the Common Stock Dividend, Kodiak Gas Services, LLC ("Kodiak Services"), a subsidiary of Kodiak, has declared a distribution of $0.41 per unit for the third quarter of 2024, which will be paid on November 8, 2024 to all unitholders of record of Kodiak Services on November 1, 2024. Kodiak will release t
Kodiak Gas Services, Inc. (NYSE:KGS) ("Kodiak" or the "Company") today announced that 2023 Schedule K-3 investor tax packages reflecting items of international tax relevance for former CSI Compressco LP ("CSI Compressco" or the "Partnership") unitholders are now available online. They may be accessed directly through the K-1 Tax Package Support website at www.taxpackagesupport.com/compressco. Kodiak completed the acquisition of CSI Compressco on April 1, 2024. A limited number of former Partnership unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed informatio
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 June 30, 2024 and also updated full-year 2024 guidance. Second Quarter 2024 and Recent Highlights Total revenues were $309.7 million compared to $203.3 million in the second quarter of 2023 Contract Services segment revenues and Adjusted Gross Margin Percentage(1) were $276.3 million and 64.0%, respectively Net income was $6.7 million compared to net income of $17.5 million in the second quarter of 2023 Record quarterly Adjusted EBITDA(1) of $154.3 million c
Kodiak Gas Services, Inc. (NYSE:KGS), ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today 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. Mickey McKee, Kodiak's President and Chief Executive Officer, commented "returning capital to stockholders is a key element of our capital allocation strategy. The dividend increase we announced today refl
Kodiak Gas Services, Inc. (NYSE:KGS) ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today announced that it will release second quarter 2024 financial results on Monday, August 12, 2024 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Tuesday, August 13, 2024 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). What: Kodiak Gas Services Second Quarter 2024 Earnings Conference Call When: Tuesday, August 13, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central How: Live via phone
THE WOODLANDS, Texas, May 8, 2024 /PRNewswire/ -- 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 March 31, 2024 and also updated full-year 2024 guidance. First quarter 2024 results do not include any contribution from the Company's acquisition of CSI Compressco ("CSI") that closed on April 1, 2024. First Quarter 2024 Highlights Total revenues for the quarter were $215.5 million compared to $190.1 million in the first quarter of 2023Core Compression Operations segment revenues increased 2% sequentially and 9% over las
THE WOODLANDS, Texas, May 2, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE:KGS), ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today 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. In conjunction with the Common Stock Dividend, Kodiak Gas Services, LLC, a subsidiary of Kodiak ("Kodiak Services"), has declared a distribution on its units of $0.38 per unit for the first quar
First quarter revenue of $151 million increased 3% year-over-year.First quarter net income was $915,000 and net income per share attributable to TETRA stockholders was $0.01.First quarter net cash used in operating activities was $13.8 million while adjusted free cash flow was a use of $29.6 million.First quarter net income per share excluding unusual items was $0.05. Adjusted EBITDA of $22.8 million increased 11% year-over-year.Term loan refinanced with a delayed draw feature for the bromine project and a 2030 maturity.THE WOODLANDS, Texas, April 30, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced first quarter 2024 financial results. Brad
THE WOODLANDS, Texas, April 24, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE:KGS) ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today announced that it will release 2024 first quarter financial results on Wednesday, May 8, 2024 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Thursday, May 9, 2024 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). What: Kodiak Gas Services First Quarter 2024 Earnings Conference Call When: Thursday, May 9, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central How: Live via p
MONTGOMERY, Texas, Feb. 20, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE:KGS), ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today announced that it will release 2023 fourth quarter and full year financial results on Wednesday, March 6, 2024 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Thursday, March 7, 2024 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). What: Kodiak 2023 Fourth Quarter and Full Year Earnings Conference Call When: Thursday, March 7, 2024 at 11:00 a.m. Eastern / 10:00 a.m