Kodiak Gas Services, Inc. KGS

What this company does

Kodiak Gas Services, Inc. provides and operates large horsepower contract compression infrastructure in the U.S., supporting the movement and processing of natural gas across key production regions. As of December 31, 2025, it had approximately 1,300 full-time employees. Approximately 80% of its 4.5 million overall fleet horsepower is categorized as large horsepower, which it defines as horsepower greater than 1,000 arising from a single unit. As of December 31, 2025, approximately 82.8% of its compression assets were deployed in the Permian Basin and Eagle Ford Shale. Its business is organized into two reportable segments: Contract Services and Other Services. Contract Services consists of operating Company-owned and customer-owned compression and gas treating and cooling infrastructure to enable the production, gathering, processing and transportation of natural gas and oil. Other Services consists of a broad range of services to support the needs of customers, including station construction, customer-owned compression maintenance and overhaul, freight and crane charges, parts sales and other ancillary time and material-based offerings. Through its wholly-owned subsidiary, Kodiak Services, formed in 2011, it has built and operated a fleet of compression assets for more than a decade, and on July 3, 2023 it completed its IPO, with its common stock trading on the New York Stock Exchange under the ticker symbol KGS.

Written from the business description in Kodiak Gas Services, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.