Why These Energy Stocks Are Losing This Week

3. Kodiak Gas Services, Inc. (NYSE:KGS)

Share Price Decline Between Mar. 3 and Mar. 10: 18.96%

Kodiak Gas Services, Inc. (NYSE:KGS) is a leading provider of natural gas contract compression services in the United States, bringing efficiency and reliability to all the major basins.

Investors were disappointed by Kodiak Gas Services, Inc. (NYSE:KGS)’s results, as it reported an EPS of $0.29, missing market expectations by $0.23. And although the company increased its revenue by almost 37% YoY to $309.5 million, it still fell below analysts’ estimates by $14.3 million. However, Kodiak remains committed to its shareholders and paid $139 million in dividends and distributions in 2024, about 37% of its discretionary cash flow, and repurchased over 1.4 million shares of its stock at a weighted average price of $27.88.

Despite the recent dip, the share price of Kodiak Gas Services, Inc. (NYSE:KGS) has risen by 37.6% over the last year.