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Stock impact report

Kodiak Gas Services, Inc. Announces Completion of CSI Compressco LP Acquisition

Kodiak Gas Services, Inc. (KGS) 
Company Research Source: PR Newswire
THE WOODLANDS, Texas, April 1, 2024 /PRNewswire/ -- Kodiak Gas Services, Inc. (NYSE: KGS) ("Kodiak" or the "Company") today announced that it has completed its acquisition of CSI Compressco LP ("CSI Compressco"), creating the industry's largest contract compression fleet."We are excited to complete this transaction and welcome the talented CSI Compressco team to Kodiak," stated Mickey McKee, Kodiak's founder and Chief Executive Officer. "This transaction allows us to increase the scale and scope of our service offerings to our customers, further expanding our industry-leading footprint in key operating areas such as the Permian Basin and Eagle Ford Shale."We are committed to ensuring a smooth transition aimed at delivering on the many benefits of this combination for our customers, employees and shareholders. We appreciate the strong support from shareholders and are confident in our ability to deliver upon the significant synergies provided by this combination, driving incremental va Show less Read more
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