Natural Gas Services Group Files 8-K

Ticker: NGS · Form: 8-K · Filed: Aug 15, 2024 · CIK: 1084991

Natural Gas Services Group INC 8-K Filing Summary
FieldDetail
CompanyNatural Gas Services Group INC (NGS)
Form Type8-K
Filed DateAug 15, 2024
Risk Levellow
Pages3
Reading Time4 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: financial-reporting, operations

TL;DR

NGS files 8-K with financial updates, check it out.

AI Summary

Natural Gas Services Group, Inc. filed an 8-K on August 15, 2024, reporting on its results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements and exhibits. The company is based in Midland, TX, and its principal executive offices are located at 404 Veterans Airpark Lane, Suite 300.

Why It Matters

This filing provides investors with crucial updates on the company's financial performance and operational status, impacting investment decisions.

Risk Assessment

Risk Level: low — This is a routine filing providing financial and operational updates, not indicating immediate significant risk.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report on the Results of Operations and Financial Condition of Natural Gas Services Group, Inc., along with Regulation FD Disclosures and Financial Statements and Exhibits.

When was this 8-K filing submitted?

This 8-K filing was submitted on August 15, 2024.

Where are the principal executive offices of Natural Gas Services Group, Inc. located?

The principal executive offices of Natural Gas Services Group, Inc. are located at 404 Veterans Airpark Lane, Suite 300, Midland, TX 79705.

What is the company's telephone number?

The company's telephone number is (432) 262-2700.

What is the SEC file number for Natural Gas Services Group, Inc.?

The SEC file number for Natural Gas Services Group, Inc. is 001-31398.

Filing Stats: 998 words · 4 min read · ~3 pages · Grade level 12.3 · Accepted 2024-08-15 15:27:52

Key Financial Figures

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On August 15, 2024, Natural Gas Services Group, Inc. (the "Company") hosted an earnings call to announce the Company's financial results for the second quarter and six months ended June 30, 2024, and provide certain other financial and business information, along with forward guidance. A copy of the earnings call transcript is attached hereto as Exhibit 99.1 and incorporated herein by reference.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. The information set forth in Item 2.02 of this Current Report on Form 8-K is incorporated by reference into this Item 7.01. The information in Item 2.02 and Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing. The replay of the earnings call may also be found on our website at https://www.ngsgi.com under our "news and events" section of our website.

FORWARD LOOKING STATEMENTS

FORWARD LOOKING STATEMENTS Certain statements contained and incorporated herein by reference constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions. Specifically included are statements and guidance regarding anticipated demand for our compressors, EBITDA, projected capital expenditures and other projected information for the remainder of 2024 and beyond. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this report. These forward-looking statements are subject to factors and various risks and uncertainties which are inherently difficult to predict. Certain important factors and risk that could impact the future performance or results of its business and cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: (i) achieving increased utilization of assets, including rental fleet utilization and unlocking other non-cash balance sheet assets; (ii) failure of projected organic growth due to adverse changes in the oil and gas industry, including depressed oil and gas prices, oppressive environmental regulations and competition; (iii) inability to finance capital expenditures; (iv) adverse changes in customer, employee or supplier relationships; (v) adverse regional and national economic and financial market conditions, including in our key operating areas; (vi) impacts of world events, including pandemics; the financial condition of the Company's customers and

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits . The following exhibits are included with this Current Report on Form 8-K: Exhibit No. Description 99.1 Earnings Call Transcript for the Quarter and Six Months Ended June 30, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NATURAL GAS SERVICES GROUP, INC. Dated: August 15, 2024 By: /s/ Justin C. Jacobs Name: Justin C. Jacobs Title: Chief Executive Officer

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