NGS Earnings Reports

Natural Gas Services Group (NGS) saw a 12% increase in total revenue for Q4 2024, reaching $40.7 million. Net income rose to $2.9 million, marking a 68% year-over-year improvement. The company also reported record-high adjusted EBITDA of $18.0 million. Strong rental fleet expansion and operational efficiencies contributed to these results. Looking ahead, NGS expects continued growth, with significant capital investments planned for 2025 to support further expansion.

NGS reported a strong Q1 2024, exceeding expectations with significant revenue and EPS growth. The company benefited from increased demand across its segments and effective cost management.