Natural Gas Services reports Q2 EPS 41c vs. 34c last year

Reports Q2 revenue $41.4M vs. $38.5M last year. “We delivered another record-setting quarter, reflecting the strength of our technology, our high level of service to customers, and our operational discipline,” said Justin Jacobs, Chief Executive Officer. “Utilized rental horsepower reached an all-time high of 499,000. Adjusted EBITDA was a record $19.7 million in the second quarter which brings first-half Adjusted EBITDA to $39.0 million. We are deploying large-horsepower gas engine and electric motor units in key basins, and we are increasingly seeing opportunities to displace our competitors. While news around tariffs, commodity volatility, and broader macro uncertainty remain top of mind, we continue to see healthy demand for compression and our services.”