Natural Gas Services Group Files 8-K
Ticker: NGS · Form: 8-K · Filed: Nov 15, 2024 · CIK: 1084991
| Field | Detail |
|---|---|
| Company | Natural Gas Services Group INC (NGS) |
| Form Type | 8-K |
| Filed Date | Nov 15, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, financial-reporting
TL;DR
NGS files 8-K with financial updates. Check it out.
AI Summary
Natural Gas Services Group, Inc. filed an 8-K on November 15, 2024, reporting on its Results of Operations and Financial Condition, Regulation FD Disclosure, and Financial Statements and Exhibits. The filing details the company's principal executive offices located at 404 Veterans Airpark Lane, Suite 300, Midland, TX 79705, with a business phone number of (432) 262-2700.
Why It Matters
This 8-K filing provides updates on the company's financial condition and operations, which are crucial for investors to assess the company's performance and future prospects.
Risk Assessment
Risk Level: low — This filing is a routine 8-K reporting operational and financial information, not indicating any immediate or significant risks.
Key Players & Entities
- NATURAL GAS SERVICES GROUP INC (company) — Registrant
- 404 Veterans Airpark Lane, Suite 300, Midland, TX 79705 (location) — Principal Executive Offices
- (432) 262-2700 (phone_number) — Registrant's Telephone Number
- November 15, 2024 (date) — Date of Report
FAQ
What is the primary purpose of this 8-K filing?
This 8-K filing is intended to report on the company's Results of Operations and Financial Condition, Regulation FD Disclosure, and Financial Statements and Exhibits.
What is the official name of the company filing this report?
The official name of the company is NATURAL GAS SERVICES GROUP, INC.
Where are the principal executive offices of Natural Gas Services Group, Inc. located?
The principal executive offices are located at 404 Veterans Airpark Lane, Suite 300, Midland, TX 79705.
What is the telephone number for Natural Gas Services Group, Inc.?
The registrant's telephone number, including area code, is (432) 262-2700.
On what date was this 8-K report filed?
The report was filed on November 15, 2024.
Filing Stats: 1,008 words · 4 min read · ~3 pages · Grade level 12.6 · Accepted 2024-11-15 14:44:02
Key Financial Figures
- $0.01 — ich registered Common Stock, Par Value $0.01 NGS NYSE Indicate by check mark wheth
Filing Documents
- ngs-20241115.htm (8-K) — 31KB
- q3earningscalltranscript.htm (EX-99.1) — 38KB
- q3earningscalltranscript001.jpg (GRAPHIC) — 187KB
- q3earningscalltranscript002.jpg (GRAPHIC) — 183KB
- q3earningscalltranscript003.jpg (GRAPHIC) — 192KB
- q3earningscalltranscript004.jpg (GRAPHIC) — 200KB
- q3earningscalltranscript005.jpg (GRAPHIC) — 186KB
- q3earningscalltranscript006.jpg (GRAPHIC) — 190KB
- q3earningscalltranscript007.jpg (GRAPHIC) — 212KB
- q3earningscalltranscript008.jpg (GRAPHIC) — 179KB
- q3earningscalltranscript009.jpg (GRAPHIC) — 166KB
- q3earningscalltranscript010.jpg (GRAPHIC) — 184KB
- q3earningscalltranscript011.jpg (GRAPHIC) — 158KB
- q3earningscalltranscript012.jpg (GRAPHIC) — 201KB
- q3earningscalltranscript013.jpg (GRAPHIC) — 172KB
- q3earningscalltranscript014.jpg (GRAPHIC) — 124KB
- 0001084991-24-000123.txt ( ) — 3698KB
- ngs-20241115.xsd (EX-101.SCH) — 2KB
- ngs-20241115_lab.xml (EX-101.LAB) — 21KB
- ngs-20241115_pre.xml (EX-101.PRE) — 12KB
- ngs-20241115_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On November 15, 2024, Natural Gas Services Group, Inc. (the "Company") hosted an earnings call to announce the Company's financial results for the third quarter and nine months ended September 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 Nine Months Ended September 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: November 15, 2024 By: /s/ Justin C. Jacobs Name: Justin C. Jacobs Title: Chief Executive Officer