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THE WOODLANDS, Texas - Kodiak Gas Services, Inc. (NYSE:KGS), a $2.77 billion market cap company, announced Thursday that its board of directors has declared a cash dividend of $0.45 per share of common stock for the second quarter of 2025, representing an attractive 5.66% dividend yield.
The dividend will be paid on August 14, 2025, to stockholders of record as of the close of business on August 4, 2025, according to a press release statement from the company.
Simultaneously, Kodiak Gas Services, LLC, a subsidiary of Kodiak, declared a distribution of $0.45 per unit for the second quarter of 2025. This distribution will follow the same payment schedule as the common stock dividend.
Kodiak describes itself as a contract compression services provider in the United States, serving the oil and gas industry by enabling the production and transportation of natural gas and oil. The company is headquartered in The Woodlands, Texas.
The company provides contract compression and related services to oil and gas producers and midstream customers in various applications including gas gathering systems, processing facilities, gas lift applications, and natural gas transmission systems.
In other recent news, Kodiak Gas Services Inc. reported its first-quarter 2025 earnings, showcasing a significant revenue beat while missing earnings per share (EPS) expectations. The company’s EPS was reported at $0.33, which fell short of the anticipated $0.39. However, revenue surpassed forecasts, reaching $329.64 million compared to the expected $226.11 million. These recent developments highlight the company’s strong revenue performance despite the EPS shortfall. Investors reacted positively to the revenue results, reflecting their confidence in the company’s financial health. No additional information on mergers or acquisitions was reported. Analysts’ opinions or stock upgrades and downgrades were not mentioned in the recent updates. The focus remains on the company’s ability to generate higher-than-expected revenue in the first quarter.
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