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Kodiak Gas Services Announces Accretive Purchase of Over 20,000 Horsepower in the Permian Basin

Kodiak Gas Services Announces Accretive Purchase of Over 20,000 Horsepower in the Permian Basin

AI Briefing

  • Kodiak Gas Services acquires 20,000 horsepower of compression assets in Permian Basin for $24 million.
  • Acquisition to provide contract compression services to seller under 7-year agreement.
  • Expected to generate over $7 million in incremental annual revenue.
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