---
schema_version: "secwatch.filing_event.v1"
accession: "0001084991-24-000047"
form_type: "8-K"
ticker: "NGS"
cik: "0001084991"
company_name: "NATURAL GAS SERVICES GROUP INC"
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T22:33:39.259293+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Natural Gas Services Group Q1 rental revenue up 48% YoY to $33.7M; net income $5.1M

## Summary
- Rental revenue $33.7M, +48% vs Q1 2023 and +7% vs Q4 2023.
- Net income $5.1M ($0.41 basic EPS) compared to $0.4M ($0.03) a year ago.
- Adjusted EBITDA $16.9M, more than double Q1 2023's $7.8M and up from $16.3M in Q4 2023.

## SEC filing metadata
- accession: 0001084991-24-000047
- form_type: 8-K
- ticker: NGS
- cik: 0001084991
- company_name: NATURAL GAS SERVICES GROUP INC
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084991/000108499124000047/0001084991-24-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084991/000108499124000047/ngs-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084991-24-000047
- JSON: https://secwatch.observer/filing/0001084991-24-000047.json
- Plain text: https://secwatch.observer/filing/0001084991-24-000047.txt

## Key facts
- Earnings Releases
  NATURAL GAS SERVICES GROUP INC reported first quarter ended March 31, 2024 results: revenue $33.7 million, net income $5.1 million, EPS $0.41 per basic share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $33.7 million
  - Net income: $5.1 million
  - EPS: $0.41 per basic share
  - Result: reported results
  source text: technology and services to the energy industry, today announced financial results for the three months ended March 31, 2024. First Quarter 2024 Highlights • Rental revenue of $33.7 million, an increase of 48% when compared to the first quarter of 2023 and 7% when compared to the fourth quarter of 2023. • Net income of $5.1 million, or $0.41 per basic share, as
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084991/000108499124000047/0001084991-24-000047-index.htm
- Earnings Releases
  NATURAL GAS SERVICES GROUP INC reported three months ended March 31, 2024 results: revenue $33.7 million, net income $5.1 million, EPS $0.41 per basic share.
  - Period: three months ended March 31, 2024
  - Revenue: $33.7 million
  - Net income: $5.1 million
  - EPS: $0.41 per basic share
  - Result: reported results
  source text: technology and services to the energy industry, today announced financial results for the three months ended March 31, 2024. First Quarter 2024 Highlights • Rental revenue of $33.7 million, an increase of 48% when compared to the first quarter of 2023 and 7% when compared to the fourth quarter of 2023. • Net income of $5.1 million, or $0.41 per basic share, as
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084991/000108499124000047/0001084991-24-000047-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.