NATURAL GAS SERVICES GROUP INC

Natural Gas Services Group, Inc. (NGS) announced the acquisition of Flatrock Compression Holdings for a total purchase price of $120 million, consisting of $110 million in cash and $10 million in newly issued NGS common stock. This strategic acquisition is expected to be immediately accretive, diversify NGS's customer base, and expand its operational footprint in the Permian Basin and Eagle Ford. In conjunction with the acquisition, NGS increased its committed credit facility from $400 million to $500 million. The transaction was valued at approximately 6.2x Flatrock's first quarter 2026 annualized Adjusted EBITDA.

Natural Gas Services Group (NGS) announced the acquisition of Flatrock Compression Holdings for $120 million, comprising $110 million in cash and $10 million in NGS common stock. This strategic move is expected to be immediately accretive to key financial metrics, diversify NGS's customer base, and significantly expand its large horsepower and electric motor-driven compression solutions, particularly in the Permian Basin and Eagle Ford. In conjunction with the acquisition, NGS increased its credit facility from $400 million to $500 million, maintaining a pro forma leverage ratio of approximately 3x.

Natural Gas Services Group, Inc. held its 2026 annual meeting of shareholders on June 10, 2026, where all proposals were approved. Shareholders elected three director nominees for three-year terms, approved executive compensation, ratified the appointment of Ham, Langston & Brezina LLP as the independent auditor, and approved the company's redomestication from Colorado to Texas. Additionally, the company entered into an indemnification agreement with newly elected director John E. Jackson.

Natural Gas Services Group reported an exceptional start to 2026, achieving record performance in Q1 for rental revenue, adjusted gross margin, adjusted EBITDA, and horsepower utilization. The company announced a 36% increase in its quarterly dividend to $0.15 per share and raised its full-year 2026 adjusted EBITDA guidance. Operational highlights included adding 17,000 horsepower to the fleet and continued focus on large horsepower units, alongside strategic efforts to monetize non-core assets and enhance corporate governance.

Natural Gas Services Group Inc. reported a significant increase in net income and EPS for the first quarter of 2026, driven by higher rental revenue. The company also received $12.3 million in federal income tax refunds related to prior year NOL carrybacks. As part of its monetization strategy, the company reclassified its former headquarters property to assets held for sale. A cash dividend of $0.11 per share was declared for the quarter, with a subsequent declaration of $0.15 per share.

Natural Gas Services Group reported strong first-quarter 2026 financial and operating results, highlighted by record rental revenue, adjusted gross margin, and Adjusted EBITDA. The company announced a 36% increase in its quarterly cash dividend to $0.15 per share, reflecting confidence in its cash generation and long-term outlook. Additionally, NGS raised its 2026 Adjusted EBITDA guidance, driven by robust performance and continued demand for large horsepower compression equipment.

Natural Gas Services Group, Inc. announced it will release its first quarter 2026 financial and operating results after market close on Monday, May 11, 2026. The company will host a conference call to discuss these results on Tuesday, May 12, 2026, at 8:30 a.m. Eastern Time. Investors can access the call via the company's website or by dialing in.

NATURAL GAS SERVICES GROUP INC (NGS) announced its 2026 Annual Meeting of Shareholders will be held virtually on June 10, 2026. Shareholders will vote on the election of three directors, an advisory resolution on executive compensation, auditor ratification, and a proposal to redomesticate the company from Colorado to Texas. The CEO's letter highlighted record 2025 performance, including 14% growth in utilized horsepower, $164M in rental revenue, and $81M Adjusted EBITDA, and outlined plans for 50,000 horsepower expansion in 2026.