Natural Gas Services (NGS) Shares Outstanding (Diluted) (2010 - 2026)
Natural Gas Services (NGS) recorded Shares Outstanding (Diluted) of 12.84 million in Q2 2026, up 1.7% from 12.63 million a year earlier and up 0.8% from the prior quarter.
Natural Gas Services (NGS) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Natural Gas Services reported Shares Outstanding (Diluted) of 12.7 million, up 1.1% from FY2024.
- Annual Shares Outstanding (Diluted) has increased for three straight years, though with a five-year compound annual growth rate of -0.9% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 12.55 million in FY2024 (+1.4%), 12.38 million in FY2023 (+0.6%), 12.31 million in FY2022 (-6.1%) and 13.1 million in FY2021 (-1.2%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding (Diluted) since Q4 2021.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased for 13 consecutive quarters, with growth averaging 1.2% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 1.7% in Q3 2023, against a decline of 7.5% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 12.75 million (Q1 2026), 12.7 million (Q4 2025) and 12.69 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 1.51 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 997.00 Mn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 404.50 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 838.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 362.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 159.57 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 1.20 Bn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 72.20 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 70.40 Mn |
| 10 | Natural Gas Services | 417.52 Mn | 417.52 Mn | 30.81 Mn | 12.84 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.84 Mn |
| Mar 31, 2026 | 12.75 Mn |
| Dec 31, 2025 | 12.70 Mn |
| Sep 30, 2025 | 12.69 Mn |
| Jun 30, 2025 | 12.63 Mn |
| Mar 31, 2025 | 12.61 Mn |
| Dec 31, 2024 | 12.55 Mn |
| Sep 30, 2024 | 12.53 Mn |
| Jun 30, 2024 | 12.48 Mn |
| Mar 31, 2024 | 12.47 Mn |
| Dec 31, 2023 | 12.38 Mn |
| Sep 30, 2023 | 12.40 Mn |
| Jun 30, 2023 | 12.39 Mn |
| Mar 31, 2023 | 12.35 Mn |
| Dec 31, 2022 | 12.31 Mn |
| Sep 30, 2022 | 12.19 Mn |
| Jun 30, 2022 | 12.31 Mn |
| Mar 31, 2022 | 12.70 Mn |
| Dec 31, 2021 | 13.10 Mn |
| Sep 30, 2021 | 13.12 Mn |
Natural Gas Services Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=NGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=NGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();