Kodiak Gas Services Raises Full-Year Guidance Following Strong Q3 Results
Kodiak Gas Services (KGS) has announced an upward revision to its full-year financial guidance following robust third-quarter performance. CEO Robert McKee confirmed that the company is raising the midpoint for its full-year adjusted EBITDA, compression infrastructure gross margin, and discretionary cash flow. The company's strategic growth includes plans to add approximately 170,000 horsepower to its fleet. Looking further ahead, management has set a target of an $850 million adjusted EBITDA midpoint for the year 2026, signaling long-term confidence in its infrastructure expansion and operational efficiency.
Tickers: $KGS
Topics: cash flow earnings EBITDA guidance
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