secwatch.observer — SEC 8-K summary
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Issuer:     Kodiak Gas Services, Inc. (KGS)
CIK:        0001767042
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001767042-24-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kodiak Gas Q4 revenue $226M, FY record revenue $850.4M, Adj. EBITDA $438.1M; initiates FY24 guidance $460-490M
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- Q4 total revenue $226.0M (+25.7% YoY); net loss $6.9M due to $21.8M loss on derivatives.
- Full-year 2023 revenue $850.4M, a record; Adjusted EBITDA $438.1M (record).
- Compression operations utilization 99.9%; initiated standalone 2024 Adjusted EBITDA guidance $460-490M.
- Paid inaugural quarterly dividend of $0.38/shr; announced definitive agreement to acquire CSI Compressco.
- Fleet reinvestment and shareholder returns supported by expected FY24 discretionary cash flow $295-310M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767042/000176704224000008/0001767042-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767042/000176704224000008/kgs-20240306.htm
  HTML page:      https://secwatch.observer/filing/0001767042-24-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer