| Natural Gas Services meets 3Q profit forecasts | |
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MIDLAND, Texas (AP) _ Natural Gas Services Group Inc. (NGS) on Thursday reported net income of $3.9 million in its third quarter.
The Midland, Texas-based company said it had profit of 30 cents per share.
The results met Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 30 cents per share.
The maker of natural gas compression equipment and industrial flare systems posted revenue of $25.6 million in the period, beating Street forecasts. Analysts expected $24.6 million, according to Zacks.
Natural Gas Services shares have dropped 11 percent since the beginning of the year. The stock has decreased 12 percent in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. NGS stock research report from Zacks.
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Keywords:Natural Gas Services,Earnings Report
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Natural Gas Services Group Inc.
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CODE : NGS |
ISIN : US63886Q1094 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Natural Gas Services is a and oil producing company based in United states of america. Natural Gas Services is listed in United States of America. Its market capitalisation is US$ 250.9 millions as of today (€ 219.8 millions). Its stock quote reached its lowest recent point on August 11, 2023 at US$ 10.00, and its highest recent level on March 28, 2024 at US$ 19.33. Natural Gas Services has 12 982 262 shares outstanding. |