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Kodiak Gas Services Enters Underwriting Agreement for Stock Sale

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Kodiak Gas Services Enters Underwriting Agreement for Stock Sale

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Kodiak Gas Services, Inc. ( (KGS) ) has issued an announcement.

On September 8, 2025, Kodiak Gas Services, Inc. entered into an Underwriting Agreement with Frontier TopCo Partnership, L.P. and Goldman Sachs & Co. LLC for the sale of 10,000,000 shares of common stock by the Selling Stockholder at $34.40 per share. The company did not sell any shares or receive proceeds from this transaction, which closed on September 9, 2025. The agreement includes standard representations, warranties, and indemnification provisions, impacting the company’s financial structure and stakeholder relations.

The most recent analyst rating on (KGS) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on Kodiak Gas Services, Inc. stock, see the KGS Stock Forecast page.

Spark’s Take on KGS Stock

According to Spark, TipRanks’ AI Analyst, KGS is a Neutral.

Kodiak Gas Services, Inc. shows strong financial performance and strategic advancements, particularly highlighted in its recent earnings call and corporate events. However, high leverage and a relatively high P/E ratio pose risks. The company’s positive outlook and strategic initiatives, such as increased guidance and share repurchases, contribute significantly to its overall score.

To see Spark’s full report on KGS stock, click here.

More about Kodiak Gas Services, Inc.

Kodiak Gas Services, Inc. operates in the energy sector, focusing on providing gas services. The company is involved in the offering and sale of common stock, which is a key aspect of its financial operations.

Average Trading Volume: 1,554,195

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3.1B

See more data about KGS stock on TipRanks’ Stock Analysis page.

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