Natural Gas Services Group, Inc. (NGS)

Natural Gas Services Group, Inc. provides equipment rental and services for natural gas compression and oilfield equipment.

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Natural Gas Services Group, Inc. specializes in providing essential natural gas compression services and equipment to the energy sector across the United States. The company's core operations encompass the fabrication, manufacturing, rental, and sale of natural gas compressors and associated equipment. Its rental fleet consists of 2,023 compression units as of December 31, 2021, boasting a total horsepower of 418,041. These units cater to a wide range of applications, from small to large horsepower requirements, particularly supporting unconventional oil and natural gas production.

In addition to its rental services, Natural Gas Services Group engages in comprehensive design, fabrication, and assembly activities for compressor components and units. This includes engineering custom natural gas compressors and manufacturing a variety of reciprocating compressor frames, cylinders, and parts. The company also plays a crucial role in the design, fabrication, sale, installation, and servicing of flare stacks and related ignition and control devices. These systems are essential for the safe incineration of gas compounds like hydrogen sulfide, carbon dioxide, natural gas, and liquefied petroleum gases, both onshore and offshore.

Founded in 1998 and headquartered in Midland, Texas, Natural Gas Services Group, Inc. serves a diverse clientele comprising exploration and production (E&P) companies heavily involved in artificial lift applications and natural gas-weighted production. Additionally, it provides critical support to midstream companies involved in transporting and processing natural gas. The company's commitment to innovation, reliability, and customer service underscores its prominent position in the energy services industry, supporting the operational efficiency and environmental stewardship of its clients.

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