Natural Gas Services Group reported record second-quarter 2026 financial results and announced the completion of its acquisition of Flatrock for approximately $120 million, adding roughly 87,000 rented horsepower. The company raised its full-year 2026 adjusted EBITDA guidance to a range of $103 million to $108 million from $92.5 million to $97.5 million and increased growth capital expenditure guidance to $60 million–$80 million. Second-quarter rental revenue reached a record $49.4 million, with adjusted EBITDA rising 27.4% year-over-year to $25.1 million. The company also announced the re-domestication from Colorado to Texas, which eliminates its classified board structure. Additionally, NGS declared a quarterly cash dividend of $0.15 per share for the third quarter, maintaining the rate initiated one year prior. Natural Gas Services Group is a leading provider of natural gas and electric compression equipment, technology, and services to the energy industry.
