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NGS - Natural Gas Services Group Inc.


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NGS Profile

Natural Gas Services Group Inc. logo

Natural Gas Services Group, Inc. operates as a prominent provider of essential natural gas compression services and equipment within the United States energy sector. The company specializes in the fabrication, manufacture, rental, and sale of natural gas compressors and related equipment, catering primarily to the needs of the unconventional oil and natural gas production industry.

Central to its operations is the rental of compression units, offering a range of small, medium, and large horsepower applications that support various facets of energy production. As of December 31, 2021, the company boasted a substantial rental fleet comprising 2,023 natural gas compression units, collectively delivering 418,041 horsepower to its clientele.

Beyond equipment rental, Natural Gas Services Group engages in comprehensive design, fabrication, and assembly of compressor components, both for rental purposes and direct sales. The company also manufactures a diverse line of reciprocating compressor frames, cylinders, and associated parts, reinforcing its role as a leading provider of customized compression solutions.

Moreover, the company extends its expertise into environmental services, focusing on the design, fabrication, sale, installation, and maintenance of flare stacks and related ignition and control devices. These critical systems facilitate the safe and efficient incineration of gas compounds such as hydrogen sulfide, carbon dioxide, natural gas, and liquefied petroleum gases, serving both onshore and offshore applications in the energy industry.

Founded in 1998 and headquartered in Midland, Texas, Natural Gas Services Group, Inc. continues to innovate and expand its capabilities to meet the evolving demands of exploration and production companies (E&P) and midstream entities. With a steadfast commitment to reliability and customer service, the company plays an integral role in enhancing operational efficiencies and supporting sustainable energy practices across its diverse client base.

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Stock Sector: Energy: Oil & Gas Equipment & Services

 

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