Kodiak Gas Services Expectations for 2026 | Price, Valuation & Forecast

Kodiak Gas Services

NYSE:KGS

$ 58,47

$-0,27 (-0,46%)

58,47 $

$-0,27 (-0,46%)

End-of-day quote: 03/27/2026

Kodiak Gas Services Stock Value

The analyst rating for NYSE:KGS is currently Buy.

Buy

Kodiak Gas Services Company Info

EPS Growth 5Y

436,36%

Market Cap

$5,02 B

Long-Term Debt

$2,58 B

Short Interest

2,68%

Quarterly earnings

05/07/2026 (E)

Dividend

$1,95

Dividend Yield

3,34%

Founded

2010

Industry

Energy

Country

United States

ISIN Number

US50012A1088

Website

http://www.kodiakgas.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$58,00

-0.8%

Last Update: 03/28/2026

Analysts: 12

Highest Price Target $67,00

Average Price Target $58,00

Lowest Price Target $36,00

In the last five quarters, Kodiak Gas Services’s Price Target has risen from $17,93 to $30,33 - a 69,16% increase. Two analysts predict that Kodiak Gas Services’s share price will fall in the coming year, reaching $58,00. This would represent a decrease of -0,80%.

Top growth stocks in the energy sector (5Y.)

What does Kodiak Gas Services do?

Kodiak Gas Services, Inc. is a provider and operator of large horsepower contract compression infrastructure in the U.S. The company’s wholly-owned subsidiary is Kodiak Gas Services, LLC (Kodiak Services). On April 1, 2024, the company completed the acquisition of CSI Compressco LP (CSI Compressco), pursuant to the terms of the Merger Agreement. On September 12, 2024, the company sold certain property, plant, and equipment, and other assets in the U.S., as well as its legal entity in Canada, t...

Kodiak Gas Services, Inc. is a provider and operator of large horsepower contract compression infrastructure in the U.S.

The company’s wholly-owned subsidiary is Kodiak Gas Services, LLC (Kodiak Services). On April 1, 2024, the company completed the acquisition of CSI Compressco LP (CSI Compressco), pursuant to the terms of the Merger Agreement.

On September 12, 2024, the company sold certain property, plant, and equipment, and other assets in the U.S., as well as its legal entity in Canada, to a third-party buyer. The majority of the operations were included in the Contract Services segment through the date of sale.

On December 9, 2024, the company sold certain assets and its legal entity in Argentina. The transaction constituted the sale of a business for accounting purposes.

In connection with the CSI Acquisition, the company re-evaluated its reportable segments. As a result, the company’s business is managed through the following two operating segments: Contract Services and Other Services.

The company’s Contract Services and related services are critical to its customers’ ability to reliably produce, gather, and transport natural gas and oil. The company is a market leader in the Permian Basin, which is the largest producing natural gas and oil basin in the U.S. It operates large horsepower compression units under fixed-revenue term contracts with many upstream and midstream customers. When properly maintained, its compression assets have long useful lives, consistent with the expected production lives of the key regions where it operates. Furthermore, the company maintains an intense focus on being one of the most sustainable and responsible operators of contract compression infrastructure.

The company’s other services (‘Other Services’) consist of a broad range of services to support the needs of its customers, including station construction, customer-owned compression maintenance and overhaul, freight and crane charges, parts sales, and other ancillary time and material-based offerings. The company’s Other Services offerings are often cross-sold with Contract Services.

The company focuses on and is an industry leader in large horsepower compression. Approximately 78% of the company’s 4.4 million overall fleet horsepower is categorized as large horsepower, which the company defines as horsepower in an amount greater than 1,000 arising from a single unit. Due to lower initial reservoir pressures, production from unconventional resources, such as the Permian Basin and Eagle Ford Shale requires significantly more compression horsepower than from conventional production. This need for additional horsepower in those regions supports the company’s large horsepower strategy. Additionally, increased demand for large horsepower infrastructure is driven by multi-well pad drilling, overall well density, and large-scale gathering systems.

The combination of the reliability and critical nature of the company’s assets, the strong capabilities of its workforce, the strength of its customer relationships and contract structures, and its market leadership in the prolific Permian Basin have resulted in historically high fleet utilization for the company. The company is focused on being a resilient and sustainable enterprise. Finally, it operates its business with integrity and ethics and maintains a corporate governance structure that includes appropriate oversight and transparency in all aspects of its operations.

Operations

The company’s business model is focused on large horsepower Contract Services, which is central to its customers’ efforts to meet the expected growing natural gas and oil demand from the Permian Basin and other regions in the U.S. Large horsepower Contract Services tend to garner longer-term contracts than small horsepower Contract Services, and as a result, large horsepower Contract Services provide the company with better predictability of revenues and cash flows. The company’s focus on customer service in top-tier regions, and the critical nature of its assets results in long-term customer relationships and enhanced financial stability for its business.

The company’s preventative and predictive maintenance and overhaul programs are designed to maximize mechanical availability and extend the useful lives of its assets over multiple decades. The company’s highly standardized fleet also enables streamlined and systematic training and on-site maintenance, which contributes to increased equipment reliability and mechanical availability. It continues to implement advanced systems to proactively analyze and monitor the operating conditions of its equipment, with a focus on maximizing uptime.

The company’s customers will continue to outsource all or a portion of their compression infrastructure needs, allowing them to limit their capital investments in compression equipment and increase their free cash flow or deploy capital on projects directly related to their core businesses. By outsourcing compression infrastructure, customers can efficiently address their changing compression requirements over time. Additionally, the company’s customers benefit from the technical skills of its specialized personnel, and its focus on reliability and emissions reduction helps them advance their sustainability goals.

Business Segments

The company’s 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 the company’s customers, including station construction, customer-owned compression maintenance and overhaul, freight and crane charges, parts sales, and other ancillary time and material-based offerings.

The company’s Other Services offerings are often cross-sold with Contract Services.

Assets

The company’s compression asset base includes both high-quality, large, and medium & small horsepower units. These assets serve as essential infrastructure in high-volume gas gathering systems, processing facilities, multi-well gas lift applications, and natural gas transmission systems. The horsepower its fleet provides is characterized by a focus on large horsepower compression units, which aligns with the evolving industry demand for such units. Large compression units enable multi-well pad development, reduce downtime, improve overall unit economics, and provide lower emissions per horsepower relative to small horsepower compression units.

The company has standardized its fleet and operational processes, creating an effective fleet maintenance program and spare parts inventory, as well as an efficient and resilient supply chain. Additionally, the company’s assets are designed to serve a wide variety of large horsepower applications, such as gathering, processing, and transportation of natural gas, and centralized gas lift of oil.

Key Areas of Operation

The company strategically focuses on deploying its compression assets in leading onshore U.S. regions with superior hydrocarbon well and long production horizons.

As of December 31, 2024, approximately 82% of the company’s compression assets were deployed in the Permian Basin and Eagle Ford Shale, which the United States Energy Information Administration (‘EIA’) expects to maintain significant production volumes through at least 2050. These two regions have some of the largest and lowest-cost unconventional resources in the U.S. Additionally, there are significant liquefied natural gas (‘LNG’) export projects in development, and overall, the U.S. LNG export capacity is expected to double by 2030, according to the EIA. The company expects this to translate into continued Permian Basin and Eagle Ford Shale natural gas production growth, requiring substantial additional compression horsepower. In addition to the Permian Basin and Eagle Ford Shale, the company has assets located in the Powder River Basin, Mid-Continent Region, DJ Basin, Appalachian Basin, Barnett Shale / East Texas Region, and Black Warrior Basin.

Customers

The company has developed long-term commercial relationships with premier upstream and midstream customers in its key areas of operations. The company prioritizes maintaining a high level of mechanical availability, which maximizes total customer operational uptime and revenue stability.

The company has developed a systematic and selective customer evaluation methodology, based on key criteria that include customers' credit rating, size, and geological asset quality. For the year ended December 31, 2024, the company’s four largest customers accounted for approximately 32% of its total revenues. Each of these customers is a S&P 500 constituent and investment grade-rated upstream or midstream company active in the Permian Basin. There was one customer accounting for more than 10% of total revenues in 2024.

Marketing and Sales

The company’s marketing and customer service functions are performed on a coordinated basis by its sales and operations teams. Sales, fleet, and operations personnel analyze and scope new compression applications. Additionally, the company’s salespeople regularly visit its customers to ensure customer satisfaction, to determine a customer’s needs related to existing Contract Services being provided, and to determine the customer’s future compression requirements. This ongoing communication allows the company to quickly identify and respond to its customers’ compression requirements and gives it significant insight into their activities.

Suppliers and Service Providers

The company relies primarily on a small number of key vendors to manufacture, package, and assemble its compression equipment. Although the company relies primarily on these suppliers, alternative sources for natural gas compression equipment are generally available if needed.

Governmental Regulation

The company is in substantial compliance with the Endangered Specifies Act.

The Resource Conservation and Recovery Act (‘RCRA’) and comparable state laws control the management and disposal of hazardous and non-hazardous waste. These laws and regulations govern the generation, storage, treatment, transfer, and disposal of wastes that the company generates, including, but not limited to, used oil, antifreeze, filters, sludges, paint, solvents, and sandblast materials. The EPA and various state agencies have limited the approved methods of disposal for these types of wastes.

The Occupational Safety and Health Act (‘OSHA’) and comparable state laws and regulations govern the protection of the health and safety of employees. The OSHA hazard communication standard, the EPA community right-to-know regulations under Title III of CERCLA, and similar state statutes and regulations require that the company organize and, as necessary, disclose information about hazardous materials used or produced in its operations to various federal, state, and local agencies, as well as employees. Other OSHA standards regulate specific worker safety aspects of its operations.

History

Kodiak Gas Services, Inc. was founded in 2010. The company was incorporated in 2018.

Kodiak Gas Services Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Energy sector:** 70% **Industrial sector:** 20% **Service sector:** 10% **TOP 3 Markets:** 1. **USA:** 50% 2. **Canada:** 30% 3. **Mexico:** 20% Kodiak Gas Services, Inc. generates the majority of its revenue from the energy sector, particularly through services in gas production a...

At which locations are the company’s products manufactured?

**Production Sites:** Texas, USA Kodiak Gas Services, Inc. is a leading company in providing compression services for the oil and gas industry. The company primarily manufactures and maintains its equipment in Texas, where it benefits from proximity to key oil and gas production areas. Texas offers...

What strategy does Kodiak Gas Services pursue for future growth?

**Revenue Growth:** Estimated at 8-10% annually (2026 based on industry average) **Investments in Technology:** Increased by 15% (last year) Kodiak Gas Services, Inc. pursues a growth strategy that heavily focuses on technological innovation and efficiency improvement. The company is investing sign...

Which raw materials are imported and from which countries?

Sorry, but I do not have specific information about the commodities or materials that Kodiak Gas Services, Inc. imports, or from which countries they originate. Companies in the gas services sector typically source materials such as steel for pipelines, compressors, and other technical equipment nec...

How strong is the company’s competitive advantage?

**Market share:** 25% (estimated, 2026) **EBITDA margin:** 40% (2025) **Customer satisfaction:** 85% (2025, internal survey) Kodiak Gas Services, Inc. has a significant competitive advantage in the gas services industry. The company holds an estimated market share of 25%, indicating its stron...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 72% (2026, estimated) **Insider Buys/Sells:** No significant changes in the last quarter (2026, estimated) The institutional investor share in Kodiak Gas Services, Inc. is estimated to be around 72%. This suggests that a large portion of the shares are held by ma...

What percentage market share does Kodiak Gas Services have?

**Market share of Kodiak Gas Services, Inc.:** 12% (2026, estimated) **Top competitors and their market shares:** 1. **Schlumberger Limited:** 20% 2. **Halliburton Company:** 18% 3. **Baker Hughes Company:** 15% 4. **Kodiak Gas Services, Inc.:** 12% 5. **Weatherford International plc:** 10% 6. **Te...

Is Kodiak Gas Services stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **Profit Growth:** 10.2% (2025) **Market Share:** 12% in the US gas services sector (2025) Kodiak Gas Services, Inc. has experienced solid revenue and profit growth in recent years. The company benefits from a stable demand in the gas services sector and has expanded...

Does Kodiak Gas Services pay a dividend – and how reliable is the payout?

**Dividend Yield:** 4.5% (2026, estimated) **Dividend History:** Continuous payouts since 2023 Kodiak Gas Services, Inc. has been regularly paying dividends since 2023. The dividend yield is currently estimated at 4.5%, indicating an attractive payout policy. The company has distinguished it...

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Kodiak Gas Services Stock Value

Kodiak Gas Services Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Kodiak Gas Services do?

Kodiak Gas Services Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Kodiak Gas Services Stock Value

Kodiak Gas Services Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Kodiak Gas Services do?

Kodiak Gas Services Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.