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

The offering is expected to close on May 15, 2026, subject to customary closing conditions. Kodiak plans to use net proceeds for general corporate purposes, including partial repayment of outstanding borrowings under its asset-based lending facility. The company may also use funds for growth capital to purchase additional power generation equipment.

Goldman Sachs & Co. LLC and J.P. Morgan serve as joint book-running managers for the offering. Additional joint bookrunners include 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.

The offering operates under an automatic shelf registration statement on Form S-3ASR filed with the Securities and Exchange Commission on May 13, 2026. The registration became automatically effective upon filing.

Kodiak Gas Services provides contract compression, distributed power, and energy infrastructure services to oil and gas producers, midstream customers, and digital infrastructure operators. The company is headquartered in The Woodlands, Texas.