Natural Gas Services Group, Inc. (NGS) Company Bio
Natural Gas Services Group, Inc. provides small to medium horsepower compression equipment to the natural gas industry in the United States. The company rents small to medium horsepower compression equipment to non-conventional gas and oil production businesses, which include coal bed methane, gas shale, tight gas, and oil shales. The company was founded in 1998 and is based in Midland, Texas.
Natural Gas Services Group, Inc. (NGS) (the "Company"), a leading provider of gas compression equipment and services to the energy industry, today announced that Charles G. Curtis, Director, retired from the Company’s Board of Directors (the “Board”) effective June 10, 2020. "On behalf of the entire NGS family, we thank Charlie for his distinguished service on our Board," said Stephen C. Taylor, NGS Chairman, President and Chief Executive Officer. This track record reflects the sound judgment and advice provided by Charlie and our other Board members.
NGS Banks On Medium-Term Margin Drivers Natural Gas Services Group (NGS) is strengthening its large-horsepower compressor fleet, because these compressors can get more profitable than their lower-power counterparts, particularly during a downturn. I expect the higher share of the large HP compressor to mitigate the pressure on the margin. The...