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