Kodiak Gas Services Announces Quarterly Dividend and Distribution

Kodiak Gas Services, Inc. (NYSE: KGS) made a regulatory filing on October 21, 2024, announcing its latest financial moves. The company declared a quarterly cash dividend of $0.41 per share of common stock. This dividend is set to be paid on November 8, 2024, to shareholders of record as of the end of business on November 1, 2024. Additionally, in connection with this Common Stock Dividend, Kodiak Gas Services’ subsidiary, Kodiak Services, declared a distribution of $0.41 per unit. This distribution is payable on the same date, November 8, 2024, to all unitholders of record as of November 1, 2024.

Detailed information regarding this announcement can be found in the press release from Kodiak Gas Services, Inc., furnished as Exhibit 99.1 to the current 8-K form. It is essential to note that the information disclosed in this announcement, including the press release, shall not be considered “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, nor should it be subject to the liabilities outlined in that section. Furthermore, the details provided in this disclosure shall not be integrated by reference into any registration statement or other documents following the Securities Act of 1933, as amended.

The financial stability of the company and its dividend distribution strategy reflect its commitment to shareholders and financial transparency. Investors and market participants will likely monitor the upcoming dividend payment and distribution closely as Kodiak Gas Services continues to navigate its financial operations within the energy sector.

This information was revealed in the company’s regulatory filing on Form 8-K, covering Item 7.01: Regulation FD Disclosure and Item 9.01: Financial Statements and Exhibits. The securities of Kodiak Gas Services, Inc. trade on the New York Stock Exchange under the symbol KGS.

This regulatory filing was duly authorized and signed on behalf of Kodiak Gas Services, Inc. by Kelly M. Battle, the Executive Vice President, Chief Legal Officer, Chief Compliance Officer, and Corporate Secretary, on October 21, 2024.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Kodiak Gas Services’s 8K filing here.

About Kodiak Gas Services

Kodiak Gas Services, Inc operates contract compression infrastructure for customers in the oil and gas industry in the United States. It operates in two segments, Compression Operations and Other Services. The Compression Operations segment operates company-owned and customer-owned compression infrastructure to enable the production, gathering, and transportation of natural gas and oil.