Kodiak Gas Services, Inc. (NYSE: KGS) has announced its quarterly dividend and third-quarter 2024 earnings release and conference call schedule. The board of directors has declared a cash dividend of $0.41 per share of common stock for the third quarter of 2024, to be paid on November 8, 2024, to stockholders of record as of November 1, 2024. Additionally, the subsidiary, Kodiak Services, has declared a distribution of $0.41 per unit for the third quarter of 2024, to be paid on the same date to unitholders of record as of November 1, 2024.
The company will release its third-quarter 2024 financial results on November 6, 2024, after the market closes, and has scheduled a conference call on November 7, 2024, at 11:00 a.m. Eastern Time.
Kodiak is the largest contract compression services provider in the United States, offering contract compression and related services to oil and gas producers and midstream customers in high–volume gas gathering systems, processing facilities, multi-well gas lift applications, and natural gas transmission systems. The market has reacted to these announcements by moving the company's shares 0.5% to a price of $31.06. For the full picture, make sure to review Kodiak Gas Services's 8-K report.
