Natural Gas Services Group (NGS) Registration Filing summary

Company overview and business model

• Provides natural gas compression equipment, technology, and services to the energy industry, focusing on rental, design, sale, installation, service, and maintenance of compressors for oil and gas production and processing facilities.

• Primary revenue source is the rental of compressor units, especially for large and medium horsepower applications used in artificial lift for unconventional oil wells.

• Operates with a mix of third-party and limited in-house assembly, with facilities in Texas and Oklahoma and service locations in major U.S. oil and gas basins.

Financial performance and metrics

• As of December 12, 2024, 12,490,353 shares of common stock were outstanding, with additional shares reserved for stock option and equity incentive plans.

• The last reported sale price of common stock on December 12, 2024, was $26.97 per share on the NYSE.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including capital expenditures for the rental fleet, potential acquisitions, debt reduction or refinancing, and working capital.

• Specific uses and amounts will be detailed in future prospectus supplements as funding requirements are determined.