Natural Gas Services (NGS) has disclosed a new risk, in the Supply Chain category.
Natural Gas Services faces significant business risks due to its dependency on third-party suppliers for compressors and essential equipment. This reliance exposes the company to potential shortages, price increases, and quality issues, which can adversely affect its ability to meet customer demands. Inadequate supply or delayed equipment delivery may lead to the loss of existing clients and hinder the acquisition of new business, thereby impacting the company’s financial condition and operational results. Moreover, escalating costs due to inflation or supply chain disruptions could further strain their financial performance and cash flow.
Overall, Wall Street has a Strong Buy consensus rating on NGS stock based on 3 Buys.
To learn more about Natural Gas Services’ risk factors, click here.