Kodiak Gas Services, Inc. (NYSE: KGS) has announced its financial results for the fourth quarter of 2024, along with a quarterly dividend declaration. The company's board of directors has declared a cash dividend of $0.41 per share of common stock for the fourth quarter of 2024, which will be paid on February 21, 2025, to all stockholders of record as of the close of business on February 14, 2025.
In addition to the common stock dividend, Kodiak Gas Services, LLC, a subsidiary of Kodiak, has declared a distribution of $0.41 per unit for the fourth quarter of 2024, which will also be paid on February 21, 2025, to all unitholders of record of Kodiak Services on February 14, 2025.
Kodiak Gas Services will release its fourth-quarter and full-year 2024 financial results on Wednesday, March 5, 2025, after the market closes. The company has also scheduled a conference call, to be broadcast live over the internet, on Thursday, March 6, 2025, at 11:00 a.m. Eastern Time. The conference call will provide an opportunity for investors and analysts to gain insights into the company's performance and future outlook.
Kodiak Gas Services, Inc. is the largest contract compression services provider in the United States, offering critical services that enable the safe and reliable production and transportation of natural gas and oil. Headquartered in The Woodlands, Texas, Kodiak provides 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. Today the company's shares have moved -0.6% to a price of $47.04. Check out the company's full 8-K submission here.
