Kodiak Gas Services raises FY25 adjusted EBITDA view to $695M-$725M

Raises guidance from previous FY25 adjusted EBIDTA view of $685M-$725M, a $10M increase to the low end of the range. Sees FY25 discretionary cash flow $430M-$455M. Mickey McKee, Kodiak’s President and CEO, stated “The production focus of our compression services-supported by fixed-revenue contracts with premier customers operating in the most economic basins-drives the strength and resilience of our business model. Given the sustainability of our cash flow and the positive outlook for the remainder of the year, we increased our full year 2025 guidance and enhanced our return of capital to shareholders through share repurchases and the recently announced increase to our quarterly dividend, while continuing to drive to our leverage target.”