Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Natural Gas Services Group ( (NGS) ).
Natural Gas Services Group reported that its first-quarter 2026 performance delivered record rental revenue, adjusted gross margin, adjusted EBITDA and horsepower utilization, driven by additions to its large-horsepower fleet, high utilization and disciplined pricing. On the May 12, 2026 earnings call, management highlighted a 21% year-over-year jump in rental revenue to $47.1 million, a 17% increase in rented horsepower to about 575,000, record utilization of 86.9%, a $24.3 million adjusted EBITDA result, a 36% increase in the quarterly dividend, continued fleet expansion with a focus on long-term, large-horsepower and electric units, monetization of non-core assets and a constructive industry backdrop despite mounting inflationary and labor cost pressures.
The most recent analyst rating on (NGS) stock is a Buy with a $47.00 price target. To see the full list of analyst forecasts on Natural Gas Services Group stock, see the NGS Stock Forecast page.
Spark’s Take on NGS Stock
According to Spark, TipRanks’ AI Analyst, NGS is a Outperform.
The score is driven primarily by strong earnings-call signals (record Q1 performance, raised full-year EBITDA guidance, and a higher dividend) and improving fundamentals (profitability and operating cash flow). Technicals also support the view with an established uptrend. The main offsets are higher leverage and some volatility in margins/cash flow, while valuation appears fair rather than compelling.
To see Spark’s full report on NGS stock, click here.
More about Natural Gas Services Group
Natural Gas Services Group, Inc. is a U.S.-based provider of natural gas and electric compression equipment, technology and services to the energy industry, primarily supporting oil and gas production and processing facilities. The Southlake, Texas-headquartered company rents, designs, services and maintains compressors and related equipment, operating assembly and service facilities across major continental U.S. oil and gas basins.
Average Trading Volume: 100,145
Technical Sentiment Signal: Buy
Current Market Cap: $535.4M
For an in-depth examination of NGS stock, go to TipRanks’ Overview page.