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Earnings
Natural Gas Services reports Q1 adjusted EPS (6c), consensus (9c) » 08:17
05/07/20
05/07
08:17
05/07/20
08:17
NGS

Natural Gas Services

$5.57 /

+0.16 (+2.96%)

Reports Q1 revenue…

Reports Q1 revenue $17.9M, consensus $17.25M.

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NGS Natural Gas Services
$5.57 /

+0.16 (+2.96%)

04/03/20 Lake Street
Natural Gas Services price target lowered to $16 from $27 at Lake Street
Over a month ago
Recommendations
Natural Gas Services price target lowered to $16 from $27 at Lake Street » 08:47
04/03/20
04/03
08:47
04/03/20
08:47
NGS

Natural Gas Services

$4.18 /

+0.165 (+4.11%)

Lake Street analyst…

Lake Street analyst Robert Brown lowered the firm's price target on Natural Gas Services to $16 from $27 as he cut his estimates given expected utilization and price declines due to low oil prices causing significant headwinds. However, with the stock trading at 21% of tangible book value, he thinks shares are more than reflecting this and Brown keeps a Buy rating on the shares.

Earnings
Natural Gas Services reports Q4 adjusted EPS 11c, consensus 3c » 17:47
04/01/20
04/01
17:47
04/01/20
17:47
NGS

Natural Gas Services

$4.02 /

-0.415 (-9.37%)

Reports Q4 revenue $19.7M…

Reports Q4 revenue $19.7M vs $16.2M last year. President and CEO Stephen C. Taylor said, "Despite continued volatility in the energy markets and pressures on commodity prices, NGS continued to make progress in our core business during the fourth quarter of 2019. Rental revenue increased 6% sequentially and 19% when compared to the fourth quarter of 2018. We are pleased with our full year 2019 adjusted EBITDA of $24.0 million, which increased 10% when compared to 2018. Additionally, our operating cash flow increased to $29.4 million, an increase of 24% over 2018. We continue to have one of the strongest financial positions in the industry with over $ 11 million in net cash on the balance sheet. There is little doubt that we are operating in an environment with significant headwinds and an unprecedented level of uncertainty. The NGS team will continue to deliver best-in-class service to our long-term customers who continue to need quality and reliable compression services. We will continue to focus on operating efficiently, use our existing contracts to generate cash and look for opportunities to allocate cash that provide returns to our stakeholders. With little short-term visibility for new projects, we expect capital expenditures to decline at least 75% in 2020, from approximately $65 million in 2019."

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Over a quarter ago
Conference/Events
Natural Gas Services management to meet with Maxim » 04:55
02/20/20
02/20
04:55
02/20/20
04:55
NGS

Natural Gas Services

$11.23 /

+0.29 (+2.65%)

Meeting to be held in New…

Meeting to be held in New York on February 20 hosted by Maxim.

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Conference/Events
Natural Gas Services management to meet with Maxim » 09:50
02/18/20
02/18
09:50
02/18/20
09:50
NGS

Natural Gas Services

$10.63 /

+ (+0.00%)

Meeting to be held in New…

Meeting to be held in New York on February 20 hosted by Maxim.

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Earnings
Natural Gas Services reports Q3 adjusted EPS 10c, consensus 3c » 06:22
11/07/19
11/07
06:22
11/07/19
06:22
NGS

Natural Gas Services

$12.36 /

-0.39 (-3.06%)

Reports Q3 revenue…

Reports Q3 revenue $20.9M, consensus $19.07M.

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NGS Natural Gas Services
$12.36 /

-0.39 (-3.06%)

01/25/19
Fly Intel: Top five analyst initiations
01/25/19 Maxim
Natural Gas Services initiated with a Buy at Maxim
01/25/19 Maxim
Natural Gas Services initiated with a Buy at Maxim
Hot Stocks
Natural Gas Services CFO G. Larry Lawrence to retire » 16:35
11/06/19
11/06
16:35
11/06/19
16:35
NGS

Natural Gas Services

$12.36 /

-0.39 (-3.06%)

Natural Gas Services…

Natural Gas Services Group announced that G. Larry Lawrence, the company's VP, CFO and Corporate Secretary will retire from the company effective November 15. He will also relinquish his position as Principal Accounting Officer. Coincident with the retirement of Larry Lawrence, the board has appointed James Lawrence as VP, CFO and Corporate Secretary, effective November 16. Lawrence will also assume the role as Principal Accounting Officer. Lawrence joined the company on October 1. Previously, he served as the CFO of Bold Energy III LLC.

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NGS Natural Gas Services
$12.36 /

-0.39 (-3.06%)

01/25/19
Fly Intel: Top five analyst initiations
01/25/19 Maxim
Natural Gas Services initiated with a Buy at Maxim
01/25/19 Maxim
Natural Gas Services initiated with a Buy at Maxim
Hot Stocks
Natural Gas Services announces $10M share repurchase program » 08:41
08/12/19
08/12
08:41
08/12/19
08:41
NGS

Natural Gas Services

$12.50 /

-0.78 (-5.87%)

Natural Gas Services…

Natural Gas Services Group announced that its Board of Directors has authorized the repurchase of up to $10M of its outstanding shares of common stock. The repurchase program will expire on September 30, 2020, subject to earlier termination of the program by the Board of Directors. As of July 29, 2019, the Company had approximately 13,226,971 common shares outstanding.

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NGS Natural Gas Services
$12.50 /

-0.78 (-5.87%)

01/25/19
Fly Intel: Top five analyst initiations
01/25/19 Maxim
Natural Gas Services initiated with a Buy at Maxim
01/25/19 Maxim
Natural Gas Services initiated with a Buy at Maxim
Earnings
Natural Gas Services reports Q2 EPS 4c, consensus 5c » 08:22
08/06/19
08/06
08:22
08/06/19
08:22
NGS

Natural Gas Services

$14.57 /

-0.31 (-2.08%)

Reports Q2 revenue…

Reports Q2 revenue $19.9M, consensus $17.85M. "The second quarter of 2019 represented another strong operational quarter of performance for NGS. Rental revenues continue to increase, up 19% over the comparative prior year quarter, as demand for our higher horsepower units remains robust. Additionally, we saw significant sales for the quarter, with the highest adjusted gross margin percentage for that segment since the first quarter of 2018. Quarterly, cash flow from operations was $10.3 million, or 52% of revenue. We ended the quarter with nearly $30 million in cash, virtually zero debt and remain in an enviable financial position when compared to other competitors operating in the oilfield services sector. While we continue to survey the oilfield landscape for strategic opportunities, we also remain disciplined in our approach with a focus on strategic fit and value. We will continue to look for opportunities to grow our operating portfolio but will also continue to be vigilant in protecting our balance sheet which has served us well, especially in periods of market volatility and uncertainty."

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NGS Natural Gas Services
$14.57 /

-0.31 (-2.08%)

01/25/19
Fly Intel: Top five analyst initiations
01/25/19 Maxim
Natural Gas Services initiated with a Buy at Maxim
01/25/19 Maxim
Natural Gas Services initiated with a Buy at Maxim
Conference/Events
Natural Gas Services management to meet with Lake Street » 04:55
06/12/19
06/12
04:55
06/12/19
04:55
NGS

Natural Gas Services

$16.30 /

+0.16 (+0.99%)

Meeting to be held in Los…

Meeting to be held in Los Angeles, CA on June 12 hosted by Lake Street.

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NGS Natural Gas Services
$16.30 /

+0.16 (+0.99%)

01/25/19
Fly Intel: Top five analyst initiations
01/25/19 Maxim
Natural Gas Services initiated with a Buy at Maxim
01/25/19 Maxim
Natural Gas Services initiated with a Buy at Maxim

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