Natural Gas Services (NGS) Depreciation and Depletion (2024 - 2026)
Natural Gas Services (NGS) posted Depreciation and Depletion of $13.5 million for Q3 2026, down 23.3% from $17.6 million a year earlier but up 22.7% from the prior quarter.
Natural Gas Services (NGS) Depreciation and Depletion (2024 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Depreciation and Depletion at Natural Gas Services was $77.2 million, up 79.5% year-over-year; for FY2025, it came in at $69.3 million, up 126.5% from FY2024.
- Annual Depreciation and Depletion has increased for three consecutive years, with a five-year compound annual growth rate of 22.5% (FY2020 to FY2025).
- In prior years, Natural Gas Services' Depreciation and Depletion was $30.6 million in FY2024 (+15.8%), $26.43 million in FY2023 (+10.1%), $23.99 million in FY2022 (-4.9%) and $25.23 million in FY2021 (+0.6%).
- Quarterly Depreciation and Depletion has run from a low of $7 million in Q1 2024 to a high of $42.4 million in Q4 2025 over five years.
- On a year-over-year basis, Depreciation and Depletion increased in six of the last seven quarters, with growth averaging 88.5%.
- According to Business Quant data, Depreciation and Depletion for the three prior quarters was $11 million (Q2 2026), $10.3 million (Q1 2026) and $42.4 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 468.00 Mn |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 305.00 Mn |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | - |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 100.70 Mn |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | - |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | - |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | - |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 47.30 Mn |
| 10 | Natural Gas Services | 383.29 Mn | 380.19 Mn | 36.85 Mn | 13.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.50 Mn |
| Jun 30, 2026 | 11.00 Mn |
| Mar 31, 2026 | 10.30 Mn |
| Dec 31, 2025 | 42.40 Mn |
| Sep 30, 2025 | 17.60 Mn |
| Jun 30, 2025 | 9.00 Mn |
| Mar 31, 2025 | 8.60 Mn |
| Dec 31, 2024 | 7.80 Mn |
| Sep 30, 2024 | 8.10 Mn |
| Jun 30, 2024 | 7.70 Mn |
| Mar 31, 2024 | 7.00 Mn |
Natural Gas Services Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "NGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();