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KODIAK GAS SERVICES INC (KGS)

Energy · Contract compression services / Equipment outsourcing · NYSE

Market-leading operator of large horsepower compression infrastructure serving natural gas and oil producers across the Permian Basin under long-term contracts.

What KODIAK GAS SERVICES INC does

Kodiak Gas Services is a leading U.S. provider and operator of large horsepower contract compression infrastructure, serving upstream and midstream customers across natural gas and oil production regions. Through its wholly-owned subsidiary Kodiak Services, the company operates a substantial fleet of high-reliability compression assets critical to the movement and processing of natural gas. The company operates primarily in the Permian Basin and adjacent regions, serving customers under long-term fixed-revenue contracts, complemented by ancillary services including station construction, equipment maintenance, and parts sales. With approximately 4.5 million fleet horsepower—80% of which is large horsepower (>1,000 HP per unit)—Kodiak emphasizes operational excellence, equipment reliability, and customer relationships to generate stable, recurring cash flows.

Themes: ["Natural gas / oil midstream infrastructure","Contract compression services","Equipment-as-a-service (outsourced compression)","Permian Basin energy infrastructure","Distributed power / on-site power generation","Energy reliability and uptime optimization"]

Fundamentals

Dividend: yield +2.9%; 3-year non-decreasing per-share dividend streak (SEC XBRL).

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Key risks (from latest filing)

["Reduction in natural gas and oil demand or deterioration in commodity prices impacting customer capital spending and compression utilization","Loss of, or financial deterioration of, key customers and nonpayment/nonperformance by customers, suppliers or vendors","Competitive pressures and market share loss; integration risks from acquisitions (e.g., DPS); supply chain constraints for compression and power equipment sourcing"]

See KGS's biggest risks from its latest 10-Q →

Competitors & peers

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Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.