Table of Contents

company-logo

Natural Gas Services Group, Inc. provides natural gas compression services and equipment to the energy industry in the United States. It fabricates, manufactures, rents, and sells natural gas compressors and related equipment. The company primarily engages in the rental of compression units that provide small, medium, and large horsepower applications for unconventional oil and natural gas production. As of December 31, 2021, the company had 2,023 natural gas compression units in its rental fleet with 418,041 horsepower. The company also engages in the design, fabrication, and assembly of compressor components into compressor units for rental or sale; engineers and fabricates natural gas compressors; and designs and manufactures a line of reciprocating compressor frames, cylinders, and parts. In addition, it is involved in the design, fabrication, sale, installation, and service of flare stacks and related ignition and control devices for the onshore and offshore incineration of gas compounds, such as hydrogen sulfide, carbon dioxide, natural gas, and liquefied petroleum gases. Further, the company offers customer support services for its compressor and flare sales business; and exchange and rebuild program for small horsepower screw compressors. Its primary customers are exploration and production(E&P) companies that utilize compressor units for artificial lift applications; E&P companies that focuses on natural gas-weighted production; and midstream companies. Natural Gas Services Group, Inc. was incorporated in 1998 and is headquartered in Midland, Texas.

Natural Gas Services Dividend Announcement

• Natural Gas Services does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Natural Gas Services dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Natural Gas Services Dividend History

Natural Gas Services Dividend Yield

Natural Gas Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Natural Gas Services stock? Use our calculator to estimate your expected dividend yield:

Natural Gas Services Financial Ratios

P/E ratio18.64
PEG ratio-1.66
P/B ratio1.00
ROE5.53%
Payout ratio0.00%
Current ratio2.34
Quick ratio1.66
Cash Ratio0.12

Natural Gas Services Dividend FAQ

Does Natural Gas Services stock pay dividends?
Natural Gas Services does not currently pay dividends to its shareholders.
Has Natural Gas Services ever paid a dividend?
No, Natural Gas Services has no a history of paying dividends to its shareholders. Natural Gas Services is not known for its dividend payments.
Why doesn't Natural Gas Services pay dividends?
There are several potential reasons why Natural Gas Services would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Natural Gas Services ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Natural Gas Services has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Natural Gas Services a dividend aristocrat?
Natural Gas Services is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Natural Gas Services a dividend king?
Natural Gas Services is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Natural Gas Services a dividend stock?
No, Natural Gas Services is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Natural Gas Services stocks?
To buy Natural Gas Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Natural Gas Services stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.