Kodiak Gas Services, Inc. (NYSE: KGS) announced the pricing of its underwritten public offering of 10,563,380 shares of common stock at $71.00 per share. The company has granted underwriters a 30-day option to purchase up to an additional 1,584,507 shares at the public offering price, less underwriting discounts and commissions.

The offering is expected to close on March 15, 2026, subject to customary closing conditions. Kodiak intends to use the net proceeds for general corporate purposes, including repayment of a portion of outstanding borrowings under its asset-based lending facility and potentially funding growth capital for additional power generation equipment.

Goldman Sachs & Co. LLC and J.P. Morgan serve as joint book-running managers for the offering. Barclays, BofA Securities, Citigroup, Jefferies, Piper Sandler, RBC Capital Markets, Wells Fargo Securities, Rothschild & Co, Stifel, Texas Capital Securities, TPH&Co., William Blair, and Raymond James act as joint bookrunners.

The offering will be made through a prospectus supplement and accompanying base prospectus, filed as part of an automatic shelf registration statement on Form S-3ASR with the Securities and Exchange Commission. The registration statement became automatically effective upon filing on May 13, 2026.

Kodiak is a contract compression, distributed power, and energy infrastructure services provider based in The Woodlands, Texas. The company serves oil and gas producers, midstream customers, and digital infrastructure operators.