Natural Gas Services Group, Inc. (NGS) to Distribute Quarterly Dividend of $0.15 on September 2nd

Natural Gas Services Group, Inc. (NYSE:NGS) declared a quarterly dividend on Monday, August 10th. Stockholders of record on Wednesday, August 19th will be given a dividend of 0.15 per share by the oil and gas company on Wednesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Wednesday, August 19th.

Natural Gas Services Group Stock Performance

Shares of NGS opened at $37.74 on Monday. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.01 and a quick ratio of 1.12. Natural Gas Services Group has a one year low of $24.13 and a one year high of $44.60. The firm has a market capitalization of $486.85 million, a P/E ratio of 23.44 and a beta of 0.42. The business has a fifty day moving average of $39.62 and a 200 day moving average of $38.99.

Natural Gas Services Group (NYSE:NGS) last posted its earnings results on Monday, August 10th. The oil and gas company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.07. The company had revenue of $51.40 million for the quarter, compared to the consensus estimate of $50.24 million. Natural Gas Services Group had a return on equity of 8.10% and a net margin of 10.81%. As a group, sell-side analysts anticipate that Natural Gas Services Group will post 1.91 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. R Squared Ltd lifted its holdings in shares of Natural Gas Services Group by 4.9% in the first quarter. R Squared Ltd now owns 10,594 shares of the oil and gas company’s stock worth $400,000 after buying an additional 495 shares in the last quarter. Osaic Holdings Inc. boosted its position in shares of Natural Gas Services Group by 10.4% during the fourth quarter. Osaic Holdings Inc. now owns 6,818 shares of the oil and gas company’s stock worth $229,000 after acquiring an additional 642 shares during the last quarter. Royal Bank of Canada grew its stake in Natural Gas Services Group by 20.1% during the fourth quarter. Royal Bank of Canada now owns 4,602 shares of the oil and gas company’s stock valued at $154,000 after acquiring an additional 771 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in Natural Gas Services Group during the fourth quarter valued at $27,000. Finally, State of Wyoming bought a new stake in Natural Gas Services Group in the 2nd quarter valued at $36,000. Institutional investors own 65.62% of the company’s stock.

Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc (NYSE: NGS) is an energy infrastructure company specializing in natural gas distribution and compression services across the United States. The company operates two primary lines of business: the Distribution segment provides natural gas delivery to residential, commercial and industrial customers, while the Compression Services segment rents, sells and services a diversified fleet of compression equipment for midstream and industrial applications.

In its Distribution segment, Natural Gas Services Group engineers, constructs and maintains local pipeline networks, meters and related apparatus to ensure safe and reliable natural gas supply to municipal utilities and private customers.