Natural gas services director Taylor sells $622,500 in stock

Stephen Charles Taylor, a director at Natural Gas Services Group Inc . (NYSE:NGS), recently sold 25,000 shares of the company’s common stock. The company, currently valued at $311 million, has demonstrated strong momentum with a 22.6% return over the past week and maintains a "GREAT" financial health rating according to InvestingPro analysis. The shares were sold at prices ranging from $24.75 to $25.21, with a total transaction value of approximately $622,500. Following this sale, Taylor holds 433,334 shares directly. Additionally, he has indirect ownership of 113,754 shares through a Rabbi Trust and holds 4,195 restricted stock units, which convert to common stock upon vesting. With the stock currently trading below analysts’ consensus target price and the company maintaining healthy profitability with earnings of $1.34 per share over the last twelve months, investors can access detailed valuation analysis and 8 additional key insights through InvestingPro’s comprehensive research report.

In other recent news, Natural Gas Services Group reported its first-quarter 2025 earnings, exceeding expectations with an earnings per share (EPS) of $0.38, against a forecast of $0.26. The company’s revenue was slightly below projections, coming in at $41.4 million compared to the expected $42.48 million, but still reflected a 12% year-over-year increase. Stifel analysts responded by raising the price target for Natural Gas Services shares to $33.00, maintaining a Buy rating, while Raymond (NSE:RYMD) James reaffirmed a Strong Buy rating with a $32.00 target. The company has increased its adjusted EBITDA guidance to $79 million, indicating strong operational momentum. Additionally, Natural Gas Services has secured its compression demand for 2025 and is making strides in converting non-cash assets into cash, with expectations of recovering $11 million in income tax receivables within the next 12 months. The firm has also expanded its revolving credit facility from $300 million to $400 million, enhancing its financial flexibility for potential growth and acquisitions. Despite recent oil price fluctuations, customer demand for Natural Gas Services has remained stable, with continued strong gas demand growth.

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