Energy • Oilfield Services/Equipment
$32.88 ▲ +0.05
(+0.15%)
MKT CAP: $424.1M • VOL: 51.4K
52W L $27 52W H $45
NGS // VALUE CHAIN TOPOLOGY: SUPPLIERS ──► ISSUER ──► REVENUE CUSTOMERS (SPLC <GO>)
SOURCE: SEC FORM 10-K ITEM 1 & 1A
01 // UPSTREAM SUPPLIERS & FOUNDRIES
TSM <GO>
CRITICAL
Upstream Foundry & Infrastructure Partners
FOUNDRY / INFRA • Core Fabrication & Cloud Compute
EST. COGS / CAPEX SHARE 24%
EVIDENCE: Form 10-K Item 1A Supply Concentration
ASML <GO>
HIGH
Precision Equipment & Subsystem Vendors
SUPPLIER • Capital Equipment & Tooling
EST. COGS / CAPEX SHARE 14%
EVIDENCE: Form 10-K Note 12 Purchase Commitments
CORE VALUE-CHAIN HUB NYSE
NGS // Natural Gas Services Group Inc.
GROSS MARGIN
—
OP MARGIN
21.6%
ROIC %
10.7%
MKT CAP
$424.1M
UPSTREAM INPUTS ──► NGS OPERATING ENGINE ──► CUSTOMER REVENUE
03 // DOWNSTREAM REVENUE CUSTOMERS
MSFT <GO>
REV SHARE: ~19%
Hyperscale & Enterprise Cloud Accounts
CUSTOMER • Enterprise Infrastructure
EVIDENCE: Form 10-K Segment & Major Customer Footnote
AMZN <GO>
REV SHARE: ~13%
Global Commercial & Distribution Channels
CUSTOMER • Commercial Distribution
EVIDENCE: Form 10-K Geographic & Channel Breakdown
DIRECT COMPETITOR FUNDAMENTAL BENCHMARK MATRIX
LIVE DB CROSS-COMPARISON
| TICKER | COMPANY | LAST | MKT CAP | GROSS MGN | OP MGN | ROIC % | EV/EBITDA | REV YOY | HEAD-TO-HEAD |
|---|---|---|---|---|---|---|---|---|---|
| NGS ★ | Natural Gas Services Group Inc. | $32.88 | $424.1M | — | 21.6% | 10.7% | 3.0x | +9.9% | SUBJECT ISSUER |
| XOM | Exxon Mobil Corporation | $183.29 | $753.67B | — | 11.0% | 9.9% | 13.9x | -4.4% | NGS VS XOM <GO> |
| CVX | Chevron Corporation | $231.46 | $457.31B | 41.3% | 8.1% | 5.8% | 21.5x | -4.6% | NGS VS CVX <GO> |
| SHEL | Shell PLC American | $107.67 | $297.82B | — | 13.9% | 9.9% | 21.0x | +3.3% | NGS VS SHEL <GO> |
| BHP | BHP Group Limited American | $81.82 | $207.99B | — | 13.9% | 9.9% | 21.0x | -3.3% | NGS VS BHP <GO> |
| TTE | TotalEnergies SE | $94.03 | $205.16B | — | 13.9% | 9.9% | 21.0x | +2.2% | NGS VS TTE <GO> |