Risk factors
Natural Gas Services Group (NGS) risk factors
Item 1A of every Natural Gas Services Group Inc. 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
33 risks, 1 dropped, 8 reworded since the prior year. Customer concentration increased as two customers now generate 59 percent of revenue.
Filed Mar 16, 2026 - FY2024 10-K risk factors
34 risks. Revenue depends heavily on oil and gas industry expenditures and a single customer representing 54 percent of 2024 revenue. Month-to-month rental agreements cover half of all compressor units and a quarter of rented horsepower. The credit facility provides a $300 million borrowing commitment with variable interest rates and restrictive financial covenants.
Filed Mar 17, 2025