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Market Overview

Recap: Natural Gas Services Q4 Earnings

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Shares of Natural Gas Services Gr (NYSE:NGS) rose 1.0% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 27.27% over the past year to ($0.14), which missed the estimate of ($0.09).

Revenue of $16,995,000 decreased by 13.76% year over year, which beat the estimate of $14,950,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Natural Gas Services Gr hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Mar 30, 2021

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/jk6wadb8

Technicals

52-week high: $12.23

Company's 52-week low was at $4.00

Price action over last quarter: down 9.14%

Company Description

Natural Gas Services Group Inc is an oil and gas equipment and services company. Its operations focus on the manufacturing, rental, and sale of natural gas compression equipment. Its operating units include Gas Compressor Rental, Engineered Equipment Sales, Service, and Maintenance. The company generates the majority of its revenue by renting out low- to medium-horsepower compression equipment to natural gas production companies in unconventional oil and gas regions of the United States.

 

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Posted-In: BZI-RecapsEarnings News

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