← Back

Natural Gas Services Group Inc

Natural Gas Services Group, Inc. supplies natural gas compression equipment, flares and related assets, as well as electric compression equipment, technology and services to the energy industry in the United States. The company rents, designs, installs, services and maintains natural gas engine and electric motor drive compressors for oil and gas production and processing facilities. It also designs and assembles compressor units for rental, designs and engineers compressor components for sale, and provides aftermarket services and support for the installation and start-up of new compressor units. Incorporated in 1998, the company is headquartered in Southlake, Texas.

Country
Price · split & dividend adjusted
News & notes moving NGS
NGS▲

Natural Gas Services Group to Redomesticate from Colorado to Texas

Natural Gas Services Group announced it will complete its redomestication from Colorado to Texas on or about July 20, 2026. The move, approved by approximately 99% of shares voted at the June 10 annual meeting, aligns the company's state of incorporation with its Southlake, Texas headquarters and core operations in the Permian Basin and Eagle Ford. The redomestication will not affect the company's business, operations, management, or its New York Stock Exchange listing under the symbol NGS. As part of the change, the previously staggered board structure will be replaced with annual election of all directors. CEO Justin Jacobs stated that Texas offers a strong business climate and corporate legal framework beneficial to the company and its shareholders.
NGS · Regulation · Positive Redomestication to Texas aligns with headquarters and core operations, improving corporate legal framework and business climate.
Read original ↗
GlobeNewswire·88dRead more →
Energy Transition & Power Demand▲

Natural Gas to Remain 40% of US Power Generation Through 2026

Natural gas is projected to account for 40% of US electricity generation in both 2025 and 2026, according to the US Energy Information Administration, far outpacing coal at 16%, nuclear at 18%, and conventional hydropower at 6%. Kinder Morgan, which transports roughly 40% of all domestically produced gas, expects US natural gas demand to surge 27% to 150 billion cubic feet per day by 2031, driven by data-center electricity needs. Natural Gas Services Group is seeing high fleet utilization and record rental revenue, and its Flatrock acquisition expands compression capacity in key regions like the Permian and Eagle Ford.
About megatrends
Energy Transition & Power Demand › Natural Gas Value Chain ▲Demand
KMI · Demand · Positive Kinder Morgan expects US natural gas demand to surge 27% by 2031 driven by data-center electricity needs.
NGS · Demand · Positive Natural Gas Services Group is seeing high fleet utilization and record rental revenue.
NATGAS · Demand · Positive Natural gas demand projected to remain strong at 40% of US power generation through 2026, with further growth expected.
Read original ↗
Zacks Investment Research·109dRead more →