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EQT completes sale of common stock of Kodiak Gas Services

1. EQT sold 3.2 million shares of KGS for approximately $116 million. 2. KGS repurchased 278,000 shares for about $10 million from EQT. 3. EQT now holds around 31.3 million shares of KGS.

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FAQ

Why Neutral?

The sale and repurchase are standard transactions, unlikely to drastically shift KGS's market perception or valuation.

How important is it?

While the sale demonstrates liquidity, the overall impact on stock price remains minimal unless further developments occur.

Why Short Term?

Immediate effects from the sale are present but will normalize over time as investors adjust.

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EQTXOMCVXCHK
The sale resulted in gross proceeds of c. USD126 million , /PRNewswire/ --An affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV ("EQT") is pleased to announce the completion of the sale (the "Sale") of c. 3.2 million shares of common stock of Kodiak Gas Services, Inc. (NYSE: KGS) (the "Company") for gross proceeds of c. USD116 million. The Sale was made on May 12, 2025, pursuant to Rule 144 of the Securities Act of 1933, as amended. J.P. Morgan Securities LLC acted as the broker for the Sale. Concurrently with the closing of the Sale, the Company repurchased c. 278,000 shares of its common stock from EQT in a private transaction for gross proceeds of c. USD10 million. Following these transactions, EQT now holds c. 31.3 million shares of the Company's common stock. Contact EQT Press Office, [email protected] This information was brought to you by Cision http://news.cision.com https://news.cision.com/eqt/r/eqt-completes-sale-of-common-stock-of-kodiak-gas-services,c4150756 The following files are available for download: SOURCE EQT WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In Also from this source

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