Kodiak Gas Services, Inc. (KGS) announced that it will add a second listing on NYSE Texas effective November 25, 2025, while continuing to trade on the New York Stock Exchange under the ticker KGS.
The dual‑listing move is designed to enhance liquidity and visibility for investors in Texas, where nearly 900 employees and a significant portion of Kodiak’s operations are located. It reflects the company’s commitment to the state’s energy sector and its strategy to tap into Texas’s pro‑business environment and growing financial hub.
The announcement follows the launch of NYSE Texas in Dallas on March 31, 2025, and mirrors a broader trend of exchanges expanding into Texas. By adding a Dallas‑based venue, Kodiak gains an additional trading platform that can improve price discovery and trading volume for its shares.
Kodiak’s recent Q3 2025 results underscored the strategic value of the dual listing: record contract‑services segment revenues, an operating margin of 30.87 % and an EBITDA margin of 45.43 %. These strong performance metrics demonstrate the company’s robust position in the Permian Basin and Eagle Ford Shale, where demand for contract compression services remains high.
CEO Mickey McKee said the dual listing “demonstrates Kodiak’s commitment to Texas and its energy sector,” while NYSE Texas President Bryan Daniel welcomed Kodiak, noting its proven track record and strategic position in the energy infrastructure sector.
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