Natural Gas Services Group, Inc. (NYSE:NGS) Plans $0.15 Quarterly Dividend

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

Natural Gas Services Group Trading Up 0.2%

Shares of NYSE NGS opened at $37.10 on Tuesday. Natural Gas Services Group has a 12 month low of $23.17 and a 12 month high of $44.60. The company has a market cap of $467.39 million, a price-to-earnings ratio of 21.57 and a beta of 0.42. The company has a quick ratio of 1.77, a current ratio of 2.70 and a debt-to-equity ratio of 0.81. The business has a fifty day simple moving average of $39.92 and a 200-day simple moving average of $38.93.

Natural Gas Services Group (NYSE:NGS) last issued its quarterly earnings results on Monday, August 10th. The oil and gas company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.07. The firm had revenue of $51.40 million for the quarter, compared to analysts’ expectations of $50.24 million. Natural Gas Services Group had a return on equity of 7.99% and a net margin of 12.17%. Sell-side analysts predict that Natural Gas Services Group will post 2.05 EPS for the current year.

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.