Articles from Kodiak Gas Services, Inc.

Kodiak Gas Services, Inc. (NYSEKGS) (“Kodiak” or the “Company”) today announced that 2024 Schedule K-1 investor tax packages for former CSI Compressco LP ("CSI Compressco" or the “Partnership”) unitholders are now available online. They may be accessed directly through the K-1 Tax Package Support website at www.taxpackagesupport.com/compressco.

Kodiak Gas Services, Inc. (NYSEKGS), (“Kodiak” or the “Company”) today announced that its board of directors has declared a cash dividend of $0.41 per share of common stock for the fourth quarter of 2024 (the “Common Stock Dividend”). This Common Stock Dividend will be paid on February 21, 2025 to all stockholders of record as of the close of business on February 14, 2025.

Kodiak Gas Services, Inc. (NYSEKGS) (“Kodiak” or the “Company”) today announced the pricing of an underwritten offering (the “Offering”) of 5,500,000 shares of its common stock by an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV (the “selling stockholder”) resulting in total gross proceeds of $232,925,000. Kodiak will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares of its common stock being offered by the selling stockholder. The Offering is expected to close on December 13, 2024, subject to customary closing conditions.

Kodiak Gas Services, Inc. (NYSEKGS) (“Kodiak” or the “Company”) today announced the underwritten public offering (the “Offering”) of 5,500,000 shares of its common stock by an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV (the “selling stockholder”). Kodiak will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares of its common stock being offered by the selling stockholder. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed.

Kodiak Gas Services, Inc. (NYSEKGS) (“Kodiak” or the “Company”) today announced the pricing of an upsized underwritten public offering (the “Offering”) of 5,708,885 shares of its common stock by an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV (the “selling stockholder”) at a price to the public of $34.50 per share. The selling stockholder granted the underwriters a 30-day option to purchase up to an additional 856,332 shares of the Company’s common stock. Kodiak will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares of its common stock being offered by the selling stockholder. The Offering is expected to close on November 18, 2024, subject to customary closing conditions.

Kodiak Gas Services, Inc. (NYSEKGS) (“Kodiak” or the “Company”) today announced the commencement of an underwritten public offering (the “Offering”) of 4,853,556 shares of its common stock by an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV (the “selling stockholder”). The selling stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 728,034 shares of the Company’s common stock. Kodiak will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares of its common stock being offered by the selling stockholder. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed.

Kodiak Gas Services, Inc. (NYSEKGS) (“Kodiak” or the “Company”) today announced that its Board of Directors (the “Board”) has approved a share repurchase program, with authorization to purchase up to an aggregate of $50 million of the Company’s common stock (the “Share Repurchase Program”), commencing on the date thereof and expiring on December 31, 2025. Repurchases under the Share Repurchase Program may be made from time to time through open market repurchases or through privately negotiated transactions subject to market conditions, applicable legal requirements, and other relevant factors. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of shares of its common stock under this authorization. The Company is not obligated under the Share Repurchase Program to acquire any particular amount of common stock, and the Company may terminate or suspend the Share Repurchase Program at any time. The timing and actual number of shares repurchased may depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities.

Kodiak Gas Services, Inc. (NYSEKGS) (“Kodiak” or the “Company”), a leading provider of critical energy infrastructure and contract compression services, today reported financial and operating results for the quarter ended September 30, 2024, updated full-year 2024 guidance and provided an early outlook on 2025 Adjusted EBITDA(1).

Kodiak Gas Services, Inc. (NYSEKGS), (“Kodiak” or the “Company”) today announced that its board of directors has declared a cash dividend of $0.41 per share of common stock for the third quarter of 2024 (the “Common Stock Dividend”). This Common Stock Dividend will be paid on November 8, 2024 to all stockholders of record as of the close of business on November 1, 2024.

Kodiak Gas Services, Inc. (NYSEKGS) (“Kodiak” or the “Company”) today announced the pricing of an underwritten public offering (the “Offering”) of 6,086,957 shares of its common stock by an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV (the “selling stockholder”) at a price to the public of $25.00 per share. The selling stockholder granted the underwriters a 30-day option to purchase up to an additional 913,043 shares of the Company’s common stock. Kodiak will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares of its common stock being offered by the selling stockholder. The Offering is expected to close on September 11, 2024, subject to customary closing conditions.

Kodiak Gas Services, Inc. (NYSEKGS) (“Kodiak” or the “Company”) today announced the commencement of an underwritten public offering (the “Offering”) of 6,140,182 shares of its common stock by an affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV (the “selling stockholder”). The selling stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 921,027 shares of the Company’s common stock. Kodiak will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares of its common stock being offered by the selling stockholder. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed.

Kodiak Gas Services, Inc. (NYSEKGS) (“Kodiak” or the “Company”) today announced that 2023 Schedule K-3 investor tax packages reflecting items of international tax relevance for former CSI Compressco LP ("CSI Compressco" or the “Partnership”) unitholders are now available online. They may be accessed directly through the K-1 Tax Package Support website at www.taxpackagesupport.com/compressco.

Kodiak Gas Services, Inc. (NYSEKGS) (“Kodiak” or the “Company”), a leading provider of critical energy infrastructure and contract compression services, today reported financial and operating results for the quarter ended June 30, 2024 and also updated full-year 2024 guidance.

Kodiak Gas Services, Inc. (NYSEKGS), (“Kodiak” or the “Company”), a leading provider of critical energy infrastructure and contract compression services, today announced that its board of directors has approved an 8% increase in the quarterly cash dividend to $0.41 per share of common stock for the second quarter of 2024 (the “Common Stock Dividend”). This Common Stock Dividend will be paid on August 16, 2024 to all stockholders of record as of the close of business on August 12, 2024.

Kodiak Gas Services, Inc. (NYSEKGS) (“Kodiak” or the “Company”), a leading provider of critical energy infrastructure and contract compression services, today announced that it will release second quarter 2024 financial results on Monday, August 12, 2024 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Tuesday, August 13, 2024 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).