News Image

Natural Gas Services Group Announces Expansion of Credit Facility

Provided By GlobeNewswire

Last update: Apr 22, 2025

Midland, Texas, April 22, 2025 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (“NGS” or the “Company”), a premier provider of natural gas compression equipment, technology, and services to the energy industry, announced today it has closed on a $100 million expansion of its existing credit facility (the “Facility”), bringing the total commitments to $400 million with an enlarged accordion of $100 million. The expanded Facility enhances the Company's financial flexibility and provides additional capital to support ongoing fleet growth, particularly in its large horsepower and electric drive rental compression units.

Read more at globenewswire.com

NATURAL GAS SERVICES GROUP

NYSE:NGS (6/24/2025, 8:04:00 PM)

After market: 26.5 0 (0%)

26.5

+0.52 (+2%)



Find more stocks in the Stock Screener

Follow ChartMill for more