Midland, Texas-based Natural Gas Services Group, Inc. offers natural gas compression services and equipment to the US energy industry. The company specializes in the fabrication, maintenance, rental and sale of natural gas compressors and flare systems for oil and natural gas production, as well as plant facilities. Its primary focus is on renting compression units that cater to small, medium and large horsepower applications for unconventional oil and natural gas production. In its rental fleet, the company had 1,869 natural gas compression units with 425,340 horsepower as of December 31, 2022. Natural Gas Services Group is also involved in the design, fabrication and assembly of compressor components into compressor units for rental or sale, and the manufacturing of a line of reciprocating compressor frames, cylinders and parts. The company also designs and manufactures flare stacks, installs and services them, alongside 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. In customer support services, the firm offers an exchange and rebuild program for small horsepower screw compressors. Customers of Natural Gas Services Group include exploration and production companies that utilize the firm's compressor units for artificial lift applications, as well as E&P companies that focuses on natural gas-weighted production, and midstream companies. The firm was incorporated in 1998.
Natural Gas Services Group's ticker is NGS
The company's shares trade on the AMEX stock exchange
They are based in Midland, Texas
There are 201-500 employees working at Natural Gas Services Group
It is ngsgi.com/index.htm
Natural Gas Services Group is in the Basic Materials sector
Natural Gas Services Group is in the Oil & Gas Equipment & Services industry
The following five companies are Natural Gas Services Group's industry peers: