Core Insights - Kodiak Gas Services (NYSE: KGS) has achieved record financial performance in Q2, with both revenue per operating horsepower and gross margins reaching new highs, continuing a multi-year trend of improving margins [1] Financial Performance - The company has maintained a steady upward trajectory in its financial metrics, indicating strong operational efficiency and profitability [1]

Group 1 - The sale of approximately 3.2 million shares of Kodiak Gas Services, Inc. resulted in gross proceeds of around USD 116 million [1] - The sale was executed on May 12, 2025, under Rule 144 of the Securities Act of 1933, with J.P. Morgan Securities LLC acting as the broker [1] - Concurrently, Kodiak Gas Services repurchased approximately 278,000 shares from EQT for gross proceeds of about USD 10 million [1] Group 2 - Following these transactions, EQT now holds approximately 31.3 million shares of Kodiak Gas Services' common stock [1]