Natural Gas Services director buys $57,790 in company stock

John Earl Jackson, a director at Natural Gas Services Group Inc., purchased 2,000 shares of the company's common stock worth $57,790 on November 13, 2026. This acquisition occurred at prices between $28.80 and $28.90 per share, which were lower than the present stock price of $29.70. The transaction took place during a period of strong performance for NGS, which experienced a 7.5% increase over the previous week.

The share count now totals 2,000 shares in Mr. Jackson's personal holdings. Additionally, on the same date, Mr. Jackson was granted 3,009 Restricted Stock Units (RSUs) under the company's 2019 Equity Incentive Plan. Each RSU represents the right to receive one share of NGS common stock upon vesting, and this award is set to vest on the first anniversary of the grant date, with accelerated vesting conditions.

Consequently, Mr. Jackson now benefits from 3,009 derivative securities in the form of these RSUs. Despite recent financial performance, NGS's market capitalization stands at $376 million, leading some analysts to deem the stock overvalued compared to its estimated fair value. InvestingPro highlights five additional ProTips for NGS and offers comprehensive Pro Research Reports on this and 1,400+ other US equities.

In a separate development, NGS reported its Q3 2026 results, where earnings per share were $0.48, below the forecasted $0.53, while revenue exceeded expectations at $61.26 million versus the expected $56.43 million. This quarter was the first full period following the Flatrock acquisition, which led to record rental revenue and adjusted EBITDA of $29.6 million.

Management raised the lower end of its full-year adjusted EBITDA guidance from $103 million to $105 million. The company attributes strong demand for large horsepower and midstream compression to the robust performance, despite ongoing supply constraints. Organic fleet growth, alongside strategic benefits from the Flatrock acquisition, were also highlighted.

Rental revenue increased by 19.1% sequentially, and total revenue rose 19.2% from the prior quarter.