Natural Gas Services (NGS) Operating Leases (2019 - 2023)
Natural Gas Services (NGS) posted Operating Leases of $163,000 for Q3 2023, down 16.0% from $194,000 a year earlier and down 7.9% from the prior quarter.
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Analysis
Natural Gas Services (NGS) Operating Leases (2019 - 2023) Analysis & Trends
At the end of FY2022, Natural Gas Services' Operating Leases came in at $194,000, down 10.6% from FY2021.
- Annual Operating Leases has declined for three consecutive years, with a three-year compound annual growth rate of -22.4% (FY2019 to FY2022).
- In prior years, Natural Gas Services' Operating Leases was $217,000 in FY2021 (-23.9%), $285,000 in FY2020 (-31.3%) and $415,000 in FY2019.
- The Q3 2023 figure stands as the lowest quarterly Operating Leases in data going back to Q1 2019.
- On a year-over-year basis, Operating Leases has declined in each of the last nine quarters, with an average decline of 15.7% over the last eight quarters.
- Over the past five years, the year-over-year decline in Operating Leases ranged from 5.3% (Q1 2020) to 31.3% (Q4 2020).
- According to Business Quant data, Operating Leases for the three prior quarters was $177,000 (Q2 2023), $186,000 (Q1 2023) and $194,000 (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 78.94 Bn | 74.87 Bn | 1.40 Bn |
| 2 | Baker Hughes | 55.26 Bn | 18.37 Bn | 1.58 Bn |
| 3 | Halliburton | 29.18 Bn | 20.90 Bn | 804.00 Mn |
| 4 | TechnipFMC | 27.68 Bn | 23.82 Bn | 684.70 Mn |
| 5 | Noble | 7.61 Bn | 5.54 Bn | 239.27 Mn |
| 6 | Transocean | 7.18 Bn | 4.89 Bn | 358.00 Mn |
| 7 | Nov | 7.10 Bn | 1.83 Bn | 521.00 Mn |
| 8 | Valaris | 6.76 Bn | 4.37 Bn | 123.70 Mn |
| 9 | Weatherford International | 6.24 Bn | 1.98 Bn | 374.00 Mn |
| 10 | Natural Gas Services | 392.46 Mn | 390.06 Mn | 30.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 163,000.00 |
| Jun 30, 2023 | 177,000.00 |
| Mar 31, 2023 | 186,000.00 |
| Dec 31, 2022 | 194,000.00 |
| Sep 30, 2022 | 194,000.00 |
| Jun 30, 2022 | 202,000.00 |
| Mar 31, 2022 | 210,000.00 |
| Dec 31, 2021 | 217,000.00 |
| Sep 30, 2021 | 227,000.00 |
| Jun 30, 2021 | 244,000.00 |
| Mar 31, 2021 | 260,000.00 |
| Dec 31, 2020 | 285,000.00 |
| Sep 30, 2020 | 306,000.00 |
| Mar 31, 2020 | 372,000.00 |
| Dec 31, 2019 | 415,000.00 |
| Sep 30, 2019 | 340,000.00 |
| Jun 30, 2019 | 365,000.00 |
| Mar 31, 2019 | 393,000.00 |
API Access
Natural Gas Services Operating Leases 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=operating-leases&ticker=NGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=NGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();