Natural Gas Services Group, Inc. (NGS) Income Statement Analysis

See more : Bardella S.A. Indústrias Mecânicas (BDLL4.SA) Income Statement Analysis – Financial Results

Complete financial analysis of Natural Gas Services Group, Inc. (NGS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Natural Gas Services Group, Inc., a leading company in the Oil & Gas Equipment & Services industry within the Energy sector.

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Natural Gas Services Group, Inc. (NGS)

Industry: Oil & Gas Equipment & Services

Sector: Energy

Website: https://www.ngsgi.com

About Natural Gas Services Group, Inc.

Natural Gas Services Group, Inc. provides natural gas compression services and equipment to the energy industry in the United States. It fabricates, manufactures, rents, and sells natural gas compressors and related equipment. The company primarily engages in the rental of compression units that provide small, medium, and large horsepower applications for unconventional oil and natural gas production. As of December 31, 2021, the company had 2,023 natural gas compression units in its rental fleet with 418,041 horsepower. The company also engages in the design, fabrication, and assembly of compressor components into compressor units for rental or sale; engineers and fabricates natural gas compressors; and designs and manufactures a line of reciprocating compressor frames, cylinders, and parts. In addition, it is involved in the design, fabrication, sale, installation, and service of flare stacks and related ignition and control devices for the onshore and offshore incineration of gas compounds, such as hydrogen sulfide, carbon dioxide, natural gas, and liquefied petroleum gases. Further, the company offers customer support services for its compressor and flare sales business; and exchange and rebuild program for small horsepower screw compressors. Its primary customers are exploration and production(E&P) companies that utilize compressor units for artificial lift applications; E&P companies that focuses on natural gas-weighted production; and midstream companies. Natural Gas Services Group, Inc. was incorporated in 1998 and is headquartered in Midland, Texas.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	121.17M	84.83M	72.42M	68.06M	78.44M	65.48M	67.69M	71.65M	95.92M	96.97M	89.25M	93.72M	65.16M	53.91M	67.80M	85.34M	72.49M	62.73M	49.31M	15.96M	12.75M	10.30M	8.76M
Cost of Revenue	89.00M	70.47M	70.76M	60.63M	67.58M	55.74M	56.05M	53.67M	65.41M	64.65M	59.09M	65.61M	30.39M	24.75M	32.16M	44.99M	41.11M	39.31M	31.34M	6.95M	6.06M	5.57M	4.94M
Gross Profit	32.16M	14.35M	1.66M	7.43M	10.87M	9.73M	11.65M	17.99M	30.51M	32.32M	30.16M	28.11M	34.76M	29.16M	35.64M	40.34M	31.38M	23.42M	17.97M	9.01M	6.69M	4.73M	3.82M
Gross Profit Ratio	26.54%	16.92%	2.29%	10.91%	13.85%	14.87%	17.21%	25.10%	31.80%	33.33%	33.79%	29.99%	53.35%	54.09%	52.57%	47.27%	43.29%	37.34%	36.45%	56.44%	52.50%	45.89%	43.60%
Research & Development	0.00	125.00K	125.00K	125.00K	125.00K	125.00K	125.00K	125.00K	125.00K	125.00K	130.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.00M	3.86M	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.27M	1.03M	0.00	0.00	0.00	0.00
SG&A	16.46M	13.64M	10.76M	10.55M	10.71M	9.10M	10.08M	9.01M	10.99M	10.33M	8.14M	7.89M	5.91M	5.87M	6.19M	5.84M	5.32M	5.27M	4.89M	2.65M	2.29M	1.72M	1.72M
Other Expenses	5.25M	83.00K	208.00K	184.00K	5.27M	182.00K	50.00K	43.00K	132.00K	182.00K	548.00K	14.00K	13.99M	11.93M	11.69M	9.93M	7.47M	6.02M	4.22M	2.44M	1.73M	1.17M	903.17K
Operating Expenses	20.42M	13.73M	10.97M	10.73M	15.98M	9.10M	10.08M	9.56M	15.36M	10.33M	8.14M	7.89M	19.90M	17.79M	17.88M	15.77M	12.79M	11.29M	9.11M	5.10M	4.02M	2.88M	2.62M
Cost & Expenses	110.71M	84.20M	81.73M	71.36M	83.56M	64.84M	66.13M	63.22M	80.77M	74.99M	67.23M	73.51M	50.30M	42.54M	50.03M	60.76M	53.90M	50.60M	40.45M	12.05M	10.07M	8.46M	7.56M
Interest Income	0.00	364.00K	65.00K	14.00K	15.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	4.08M	364.00K	65.00K	14.00K	15.00K	69.00K	14.00K	8.00K	15.00K	10.00K	56.00K	18.00K	55.00K	194.00K	606.00K	742.00K	1.16M	1.65M	2.00M	837.49K	667.12K	975.72K	924.38K
Depreciation & Amortization	26.55M	24.12M	25.40M	25.20M	23.27M	22.08M	21.30M	21.80M	22.76M	21.51M	18.14M	15.71M	13.99M	11.93M	11.69M	9.93M	7.47M	6.02M	4.27M	2.51M	1.79M	1.24M	968.12K
EBITDA	37.25M	24.44M	13.68M	22.23M	8.73M	21.76M	22.92M	30.27M	38.04M	43.68M	40.71M	35.94M	29.68M	23.42M	29.52M	34.89M	24.76M	16.76M	12.93M	6.42M	4.47M	3.08M	2.17M
EBITDA Ratio	30.74%	29.04%	23.16%	33.09%	23.92%	34.93%	33.86%	42.24%	39.66%	45.04%	45.62%	38.34%	44.28%	43.21%	43.44%	40.43%	34.16%	26.72%	26.23%	31.20%	35.06%	29.70%	-12.84%
Operating Income	10.46M	431.00K	-8.63M	-2.68M	-4.50M	638.00K	1.57M	8.43M	15.15M	21.99M	22.02M	20.22M	14.86M	11.36M	17.76M	24.58M	18.59M	12.13M	8.86M	3.91M	2.68M	1.84M	1.20M
Operating Income Ratio	8.63%	0.51%	-11.91%	-3.94%	-5.74%	0.97%	2.31%	11.76%	15.79%	22.67%	24.67%	21.57%	22.81%	21.08%	26.20%	28.80%	25.64%	19.34%	17.97%	24.50%	20.98%	17.88%	13.68%
Total Other Income/Expenses	-3.84M	-472.00K	622.00K	615.00K	596.00K	113.00K	36.00K	35.00K	117.00K	172.00K	492.00K	-4.00K	769.00K	-64.00K	-536.00K	-355.00K	144.00K	-256.00K	-1.80M	603.43K	-671.00K	-471.22K	-502.94K
Income Before Tax	6.62M	-41.00K	-11.79M	-2.98M	-14.56M	751.00K	1.60M	8.47M	15.26M	22.16M	22.51M	20.21M	15.63M	11.30M	17.23M	24.22M	18.73M	11.88M	7.06M	4.51M	2.00M	1.37M	695.89K
Income Before Tax Ratio	5.46%	-0.05%	-16.27%	-4.38%	-18.56%	1.15%	2.37%	11.81%	15.91%	22.85%	25.22%	21.56%	23.99%	20.96%	25.41%	28.38%	25.84%	18.93%	14.32%	28.29%	15.72%	13.30%	7.94%
Income Tax Expense	1.87M	528.00K	-2.60M	-4.79M	-693.00K	325.00K	-18.25M	2.00M	5.12M	8.03M	8.12M	7.53M	5.87M	4.27M	6.21M	8.63M	6.46M	4.29M	2.62M	1.14M	696.80K	583.46K	313.90K
Net Income	4.75M	-569.00K	-9.18M	1.81M	-13.86M	426.00K	19.85M	6.47M	10.15M	14.13M	14.39M	12.69M	9.76M	7.03M	11.02M	15.59M	12.28M	7.59M	4.45M	3.37M	1.31M	786.09K	381.99K
Net Income Ratio	3.92%	-0.67%	-12.68%	2.66%	-17.67%	0.65%	29.33%	9.03%	10.58%	14.57%	16.12%	13.53%	14.98%	13.04%	16.25%	18.27%	16.94%	12.10%	9.02%	21.14%	10.25%	7.63%	4.36%
EPS	0.39	-0.05	-0.70	0.14	-1.06	0.03	1.54	0.51	0.81	1.14	1.17	1.04	0.80	0.58	0.91	1.29	1.02	0.67	0.59	0.59	0.24	0.19	0.11
EPS Diluted	0.38	-0.05	-0.70	0.14	-1.06	0.03	1.51	0.50	0.79	1.11	1.15	1.03	0.80	0.58	0.91	1.28	1.01	0.66	0.52	0.52	0.23	0.16	0.11
Weighted Avg Shares Out	12.32M	12.31M	13.10M	13.22M	13.11M	12.97M	12.83M	12.70M	12.57M	12.43M	12.32M	12.22M	12.15M	12.11M	12.10M	12.09M	12.07M	11.41M	7.56M	5.59M	4.95M	3.65M	3.36M
Weighted Avg Shares Out (Dil)	12.38M	12.31M	13.10M	13.26M	13.11M	12.97M	13.11M	12.94M	12.79M	12.72M	12.55M	12.32M	12.25M	12.21M	12.12M	12.14M	12.11M	11.47M	8.48M	6.38M	5.25M	4.31M	3.48M

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Natural Gas Services Group: Undervalued Even After The Recent Price Surge

December 26, 2023seekingalpha.com

Natural Gas Services Group has strong price movement and improved future cash flows from strategic investments. NGS specializes in compression services and equipment for the U.S. energy sector, focusing on the rental of compression units. The company is currently undervalued...

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November 20, 2023seekingalpha.com

Natural Gas Services Group, Inc. (NYSE:NGS ) Q3 2023 Earnings Conference Call November 15, 2023 11:00 AM ET Company Participants Anna Delgado - IR Steve Taylor - Chairman and Interim CEO John Bittner - CFO Conference Call Participants Tate Sullivan...

Natural Gas Services Group, Inc. Reports its Third Quarter 2023 Financial and Operating Results

November 14, 2023globenewswire.com

Midland, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Third Quarter 2023 Highlights

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November 6, 2023globenewswire.com

Midland, Texas, Nov. 06, 2023 (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 third-quarter 2023 financial results...

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October 30, 2023globenewswire.com

Midland, Texas, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS) (the "Company" or "NGS"), a leading provider of natural gas compression equipment, technology and services to the energy industry, announced today the appointment of energy industry...

Natural Gas Services Group, Inc. Announces Appointment of Brian L. Tucker as President and Chief Operating Officer

October 10, 2023globenewswire.com

Midland, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (NYSE:NGS) (the “Company” or “NGS”), a leading provider of gas compression equipment, technology and services to the energy industry, announced today that it has appointed industry veteran Brian...

Natural Gas: Compressor Diversification And Geographic Expansion Make It A Buy

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Natural Gas Services Group has delivered double-digit sales growth and management expects further improvement. Diversification of compressors and geographical expansion outside the Permian Basin could drive stock price increases. NGS's balance sheet is solid, but risks include supply chain issues,...

Natural Gas Services Group, Inc. (NGS) Q2 2023 Earnings Call Transcript

August 15, 2023seekingalpha.com

Natural Gas Services Group, Inc. (NYSE:NGS ) Q2 2023 Earnings Conference Call August 15, 2023 11:00 AM ET Company Participants Anna Delgado - Investor Relations Steve Taylor - Chairman and Interim President and Chief Executive Officer Conference Call Participants Rob...