Natural Gas Services Group Inc

NYSE NGS

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Natural Gas Services Group Inc Equity Multiplier 1 year YoY Change (%) for the Trailing 12 Months (TTM) ending March 31, 2024: 62.65%

Natural Gas Services Group Inc Equity Multiplier 1 year YoY Change (%) is 62.65% for the Trailing 12 Months (TTM) ending March 31, 2024, a 949.22% change year over year. The Equity Multiplier measures the proportion of a company's assets that are financed by equity. It indicates the level of financial leverage in a company's capital structure. A higher ratio suggests a higher level of debt financing and indicates higher financial risk. The equity multiplier is useful in assessing the company's solvency and financial stability. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Natural Gas Services Group Inc Equity Multiplier for the Trailing 12 Months (TTM) ending December 31, 2022 was 1.32, a 5.97% change year over year.
  • Natural Gas Services Group Inc Equity Multiplier for the Trailing 12 Months (TTM) ending December 31, 2021 was 1.24, a 3.26% change year over year.
  • Natural Gas Services Group Inc Equity Multiplier for the Trailing 12 Months (TTM) ending December 31, 2020 was 1.20, a 3.17% change year over year.
  • Natural Gas Services Group Inc Equity Multiplier for the Trailing 12 Months (TTM) ending December 31, 2019 was 1.17, a 1.05% change year over year.
NYSE: NGS

Natural Gas Services Group Inc

CEO Mr. Stephen C. Taylor
IPO Date Oct. 22, 2002
Location United States
Headquarters 404 Veterans Airpark Lane, Midland, TX, United States, 79705
Employees 266
Sector Energy
Industry Oil & gas equipment & services
Description

Natural Gas Services Group, Inc. provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts. In addition, the company offers flare stacks and related ignition and control devices for the onshore and offshore incineration of gas compounds, such as hydrogen sulfide, carbon dioxide, natural gas, and liquefied petroleum gases. Further, it provides aftermarket services for its compressor and flare sales business; and exchange and rebuild program for small horsepower screw compressors. It markets its products to exploration and production companies that utilize compressor units for artificial lift applications; and oil and natural gas exploration and production companies. Natural Gas Services Group, Inc. was incorporated in 1998 and is headquartered in Midland, Texas.

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StockViz Staff

September 20, 2024

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