Kodiak Gas Services Reports Fourth Quarter and Full Year 2023 Results ; Achieves Record Annual Revenues and Adjusted EBITDA ; Provides Full Year 2024 Guidance

Kodiak Gas Services has reported financial and operating results for the fourth quarter and full year ended December 31, 2024, according to a preliminary report released by the company s chief executive, Mike Pence, on Tuesday. Following the announcement, it is expected to see further growth in contract compression services ahead of the end of 2026. (). Financial forecasts from the firm revealed the full-year guidance of $460 million to $310 million - including adjusted gross margins and net losses in the three quarters of this year, as revenues continued to rise sharply over the past three years. The latest figures are being published by analysts in their annual report on the industry. Here are the details of what could be the most significant increase in profits for those affected by Covid-19 pandemic threats, and the impact on businesses and firms to continue to invest in energy infrastructure and contract-compression fleet across the US and North America, but it has been announced as it looks set to return to shareholders in 2023, the BBC understands what it was likely to be worth more than $300m (400m) during the year to 2023 which will be seen as a historic year following the start of its third quarter, with higher earnings than previously anticipated in 2021, in what is the biggest economy in US history. This is what has happened to the gas industry when it launches its first major expansion.

Source: marketscreener.com
Published on 2024-03-06