Natural Gas Services (NGS) Net Long-Term Debt Issued (Repaid) (2009 - 2026)
Natural Gas Services (NGS) recorded Non-Current Debt of $340 million in Q3 2026, up 63.5% from $208 million a year earlier and up 3.7% from the prior quarter.
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Analysis
Natural Gas Services (NGS) Net Long-Term Debt Issued (Repaid) (2009 - 2026) Analysis & Trends
At the end of FY2025, Natural Gas Services reported Non-Current Debt of $230 million, up 35.3% from FY2024.
- Annual Non-Current Debt has increased for three straight years, with a three-year compound annual growth rate of 109.5% (FY2022 to FY2025).
- Across earlier years, Non-Current Debt came in at $170 million in FY2024 (+3.7%), $164 million in FY2023 (+556.0%) and $25 million in FY2022.
- The Q3 2026 figure is the highest quarterly Non-Current Debt since Q1 2014.
- On a year-over-year basis, Non-Current Debt has increased for six consecutive quarters, with growth averaging 31.8% over the last eight quarters.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 556.0% in Q4 2023, against a decline of 2.3% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $328 million (Q2 2026), $226 million (Q1 2026) and $230 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 29.00 Mn |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 2.00 Bn |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | - |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 800,000.00 |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | -1.10 Mn |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 7.00 Mn |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | -8.00 Mn |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | -132.00 Mn |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | - |
| 10 | Natural Gas Services | 383.29 Mn | 380.19 Mn | 36.85 Mn | 12.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.00 Mn |
| Jun 30, 2026 | 102.00 Mn |
| Mar 31, 2026 | -4.00 Mn |
| Dec 31, 2025 | 22.00 Mn |
| Sep 30, 2025 | 26.00 Mn |
| Jun 30, 2025 | 14.00 Mn |
| Mar 31, 2025 | -2.00 Mn |
| Dec 31, 2024 | 7.00 Mn |
| Jun 30, 2024 | -9.00 Mn |
| Mar 31, 2024 | 8.00 Mn |
| Dec 31, 2023 | 36.00 Mn |
| Sep 30, 2023 | 27.99 Mn |
| Jun 30, 2023 | 39.00 Mn |
| Mar 31, 2023 | 36.01 Mn |
| Dec 31, 2022 | 23.00 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Mar 31, 2014 | -9,000.00 |
| Sep 30, 2013 | -9,000.00 |
| Jun 30, 2013 | -7,000.00 |
| Mar 31, 2013 | -57,000.00 |
API Access
Natural Gas Services Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=NGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=NGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();