Kodiak Gas Services Declares Q4 Dividend and Earnings Schedule

Kodiak Gas Services Declares Fourth Quarter Dividend

Kodiak Gas Services, Inc. (NYSE: KGS), known commonly as Kodiak, has made an important announcement regarding its dividend for the year. The company’s board of directors has approved a cash dividend of $0.41 per share for the fourth quarter of 2024. This initiative showcases Kodiak's commitment to returning value to its shareholders.

Details of the Upcoming Cash Dividend

The approved Common Stock Dividend is set to be distributed on February 21, 2025, with all stockholders entitled to receive it noted as of the close of business on February 14, 2025. This strategic decision reflects Kodiak’s solid performance and ongoing commitment to its shareholders.

Subsidiary Distribution Announcement

Additionally, Kodiak Gas Services, LLC, the company's subsidiary, will similarly issue a distribution of $0.41 per unit for the fourth quarter of 2024. This distribution will, like the common stock dividend, be paid on February 21, 2025, to all unitholders recorded by February 14, 2025. This unity in distribution emphasizes Kodiak's comprehensive financial health and its intent to maintain shareholder loyalty.

Earnings Release Schedule

Kodiak will also be unveiling its financial results for the fourth quarter and the full year of 2024 on the afternoon of March 5, 2025, post-market closure. This earnings release is expected to provide insights into the company’s operational performance and strategic direction. The resulting data will be pivotal for investors and stakeholders.

Live Conference Call Details

Following the financial results announcement, Kodiak has organized a conference call for March 6, 2025, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). During the call, company executives will discuss the quarterly performance and field questions from investors and analysts.

Dial-In To Participate

To participate in the call, interested parties can dial 877-407-4012 and must reference the Kodiak call at least 10 minutes before it begins. The call provides an excellent platform for stakeholders to gain a deeper understanding of company strategies and financial performance.

Online Access to the Conference

In addition to the phone option, the conference call will also be accessible through an online platform. Participants can log on through Kodiak's investor relations page to follow the live discussion and presentations.

Access to Replay Information

A telephonic replay of the conference call will be available until March 20, 2025. Interested listeners can utilize the access code 13751493 to review the insightful discussions post-call.

About Kodiak Gas Services

Kodiak Gas Services is recognized as the largest contract compression services provider in the U.S., pivotal in maintaining the infrastructure essential for the safe production and transportation of natural gas and oil. Based in The Woodlands, Texas, the company provides comprehensive services to oil and gas producers as well as midstream clients.

Frequently Asked Questions

What is the amount of the cash dividend declared by Kodiak?

The cash dividend declared by Kodiak is $0.41 per share for the fourth quarter of 2024.

When will the dividends be paid?

Dividends are set to be paid on February 21, 2025, to shareholders and unitholders of record as of February 14, 2025.

When will Kodiak report its financial results for 2024?

Kodiak is scheduled to release its financial results for the fourth quarter and the entire year of 2024 on March 5, 2025.

How can I participate in the conference call?

To join the conference call, you can dial 877-407-4012 and mention the Kodiak call at least 10 minutes before the start.

Is there a way to access a replay of the conference call?

A replay of the conference call will be available until March 20, 2025, accessible using access code 13751493.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

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