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02.04.26 - 00:39
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Kodiak Gas Services Announces Completion of Distributed Power Solutions Acquisition (Business Wire)
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THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS), (“Kodiak” or the “Company”) today announced that it has completed the previously announced acquisition of Distributed Power Solutions, LLC (“DPS”), a leading provider of turnkey distributed power generation solutions. The acquired business has been rebranded as Kodiak Power Solutions, a division of Kodiak Gas Services.
The acquisition meaningfully expands Kodiak's platform beyond contract compression into distributed and behind-the-meter power generation, adding approximately 395 megawatts of generation capacity and broadening the Company's customer base across data centers, microgrids, manufacturing and energy infrastructure end markets.
“The successful closing of the DPS transaction represents an important milestone in Kodiak's evolution,” said Mickey McKee, Kodiak's President and Chief Executive Officer. “DPS is a natural strategic extension of our core large-horsepower operating capabilities. We are exc...
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20.03.26 - 13:06
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Kodiak Gas Services Announces Accretive Purchase of Over 20,000 Horsepower in the Permian Basin (Business Wire)
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THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced that it recently closed on the purchase of over 20,000 horsepower of large horsepower compression assets from a leading oil and gas producer in the Permian Basin for $24 million.
Kodiak will utilize the acquired compression assets to provide contract compression services to the seller under a seven‑year service agreement, generating more than $7 million in incremental annualized revenues. The acquired compression assets will be integrated into Kodiak's existing operating footprint in Texas and New Mexico, expanding the Company's presence in one of the most active producing regions in North America.
“This transaction underscores Kodiak's strategy of deploying capital into high‑quality, long‑duration commercial opportunities with premier operators, and further strengthens our leading position in the Permian Basin,” said Mickey McKee, President and CEO of Kodiak Gas Se...
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12.03.26 - 00:33
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Kodiak Gas Services Announces Upsizing and Pricing of $1,000,000,000 Senior Unsecured Notes Offering (Business Wire)
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THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced that its subsidiary, Kodiak Gas Services, LLC (the “Issuer”), priced its previously announced private offering (the “Offering”) of $1.0 billion in aggregate principal amount of 5.875% senior unsecured notes due 2031 (the “Notes”). The Notes will have a maturity date of April 1, 2031. The Offering is expected to close on March 20, 2026, subject to customary closing conditions. The Notes will be issued at par and will be guaranteed on a senior unsecured basis by the Company, its existing subsidiaries and certain of its future U.S. subsidiaries that guarantee the Issuer's revolving asset-based loan credit facility (the “ABL Facility”).
The Company intends to use net proceeds from the Offering to redeem all of the Issuer's outstanding 7.25% senior notes due 2029 (the “2029 Notes”) at a redemption price equal to 103.625% of the $750 million aggregate principal a...
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11.03.26 - 14:21
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Kodiak Gas Services Announces Launch of $750 Million Senior Unsecured Notes Offering (Business Wire)
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THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced that its subsidiary, Kodiak Gas Services, LLC (the “Issuer”) has launched a private offering (the “Offering”) of $750 million in aggregate principal amount of senior unsecured notes due 2031 (the “Notes”).
The Issuer intends to use the net proceeds from the offering (together with cash and amounts available under the Issuer's revolving asset-based loan credit facility (the “ABL Facility”)) to redeem all the Issuer's outstanding 7.25% Senior Notes due 2029 (the “2029 Notes”) at a redemption price equal to 103.625% of the $750,000,000 aggregate principal amount, plus accrued and unpaid interest, if any. The issuer expects to use amounts available under the ABL Facility to fund the acquisition of 100% of the issued and outstanding membership interests of Distributed Power Solutions, LLC. This press release does not constitute a notice of redemption of the 2029...
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25.02.26 - 23:03
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Kodiak Gas Services Reports Fourth Quarter and Full Year 2025 Financial Results; Provides Full Year 2026 Guidance (Business Wire)
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THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”), a leading provider of critical energy infrastructure and contract compression services, today reported financial and operating results for the fourth quarter and full year ended December 31, 2025. The Company also announced full-year 2026 guidance.
Fourth Quarter 2025 and Recent Highlights
Reported net income of $24.6 million, or $0.28 per diluted share and adjusted net income(1) of $35.3 million, or $0.40 per adjusted diluted share(1)
Realized Contract Services gross margin percentage of 45.0% and record adjusted gross margin percentage(1) of 69.2%
Record quarterly adjusted EBITDA(1) of $184.5 million, a 9.1% increase compared to fourth quarter 2024
Quarterly net cash provided by operating activities of $194.9 million and discretionary cash flow(1) of $112.5 million, a 4.5% increase compared to fourth quarter 2024
Fleet utilization increased to 97.7%, a 120 basis point increase compared to fo...
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