Natural Gas Services Group, Inc. — Third Quarter 2026 Earnings Summary
Natural Gas Services Group reported third-quarter 2026 net income of $5.6 million, or $0.43 per diluted share, driven by a 41.9% year-over-year increase in rental revenue to $58.9 million. The company achieved Adjusted EBITDA of $29.6 million, a 42.2% increase from the prior year, supported by the first full quarter of financial contribution from the Flatrock acquisition and strong fleet utilization of 88%. Management raised its full-year 2026 Adjusted EBITDA guidance to a range of $105 million to $108 million and increased the quarterly dividend to $0.16 per share. Additionally, the company announced the sale of its Tulsa fabrication facility for $4.75 million and continues to invest in organic fleet expansion with growth capital expenditures projected between $60 million and $75 million for the year.
- Company
- NATURAL GAS SERVICES GROUP INC
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services