Core Viewpoint - Natural Gas Services (NGS) reported strong quarterly earnings, significantly exceeding expectations, indicating robust performance in the natural gas compression equipment sector [1][2]. Financial Performance - NGS achieved earnings of $0.40 per share, surpassing the Zacks Consensus Estimate of $0.23 per share, and up from $0.18 per share a year ago, representing a 73.91% earnings surprise [1][2]. - The company reported revenues of $40.69 million for the quarter, exceeding the Zacks Consensus Estimate by 7.29%, and up from $31.37 million year-over-year [3]. Market Performance - NGS shares have increased approximately 49.9% since the beginning of the year, outperforming the S&P 500's gain of 25.5% [4]. - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7]. Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.26 on revenues of $39.36 million, and for the current fiscal year, it is $1.23 on revenues of $152.68 million [8]. - The estimate revisions trend for NGS is mixed, which may change following the recent earnings report [7]. Industry Context - NGS operates within the Oil and Gas - Mechanical and Equipment industry, which is currently ranked in the bottom 33% of over 250 Zacks industries, suggesting potential challenges ahead [9].

Midland, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE:NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced financial results for the three months ended September 30, 2024. The Company also updated its prior guidance for the full year, increasing its outlook for Adjusted EBITDA, along with providing a preliminary view of expected level of FY 2025 growth capital expenditures. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 1-31398 NATURAL GAS SERVICES GROUP, INC. (Exact name of registrant as specified in its charter) Colorado 75-2811855 (State or ...

Midland, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE: NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced its participation at an investor conference in November of 2024. Justin Jacobs, Chief Executive Officer of Natural Gas Services Group will present at the Sidoti Micro-Cap Virtual Investor Conference, scheduled on November 13-14, 2024. Mr. Jacobs will deliver his presentation ...

Midland, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE: NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, announced today that Ian Eckert will join the company’s executive leadership team as its new Chief Financial Officer no later than January 6, 2025. John Bittner, NGS’s current Interim CFO, will continue in that role until Mr. Eckert’s start date and then provide transition services thereafte ...

Midland, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of natural gas compression equipment, technology and services to the energy industry, will host a conference call to review its third-quarter financial results on Friday, November 15, 2024 at 8:30 a.m. (EST), 7:30 a.m. (CST). The Company’s Q3 2024 financial and operating results for the nine months ended September 30, 2024 will be disseminated via press release and made available on the Company’ ...

GUANGZHOU, China, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Burning Rock Biotech Limited (NASDAQ: BNR, the "Company" or "Burning Rock"), an innovative company in the field of precision oncology, and Dizal, a global biopharmaceutical company focused on malignant tumors and immunological diseases, jointly announced that the companion diagnostic (CDx) for EGFR exon 20 insertion mutation (exon20ins) for sunvozertinib, developed through their collaboration, has been approved by the National Medical Products Administrati ...

Midland, Texas, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. ("NGS" or the "Company") (NYSE: NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced its participation at two investor conferences in September 2024. Justin Jacobs, Chief Executive Officer of Natural Gas Services Group will present at the Lake Street Capital Markets 8th Annual Best Ideas Growth (BIG8) Conference on Thursday, September 12, 2024. The co ...

Maskot/DigitalVision via Getty Images Palo Alto Networks (NASDAQ:PANW) has had a bumpy year. After plunging almost 30% after announcing its platformization strategy, the company has recovered most of that sell-off by continuing to execute well on its strategy and showing investors that this strategy is positive for the long-term. The FY4Q24 results did show that Palo Alto is benefitting from the platformization strategy. In particular, I also share in this article the signs that Palo Alto's platformization ...

P.O. Box 4689 Greenwich, CT 06831 Toll Free: 888-223-9488 International: +1-203-413-2423 transcripts@civi.com Good morning, ladies and gentlemen, and welcome to the Natural Gas Services Operator: Group Incorporated Quarter Two Earnings Call. At this time, all participants are in a listen only mode. Operator assistance is available at any time during this conference by pressing zero pound. I would now like to turn the call over to Ms. Anna Delgado. Please begin. Thank you, Luke, and good morning, everyone. B ...