StockNews.AI
KGS
StockNews.AI
169 days

Kodiak Gas Services Announces 2024 Schedule K-1 Investor Tax Packages for CSI Compressco LP Are Available Online

1. KGS announces availability of 2024 Schedule K-1 tax packages for former CSI unitholders. 2. Acquisition of CSI Compressco by KGS completed on April 1, 2024.

2m saved
Insight
Article

FAQ

Why Neutral?

While the acquisition of CSI Compressco solidifies KGS's market position, the K-1 package availability is a routine update. Historical market reactions to similar announcements have shown muted responses.

How important is it?

The release of the K-1 package signifies operational progress post-acquisition, though its immediate effect on stock price is likely limited.

Why Short Term?

The impact of tax package announcements tends to affect investors in the immediate quarter, but overall strategic impacts from the acquisition may unfold longer-term.

Related Companies

THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced that 2024 Schedule K-1 investor tax packages for former CSI Compressco LP ("CSI Compressco" or the “Partnership”) unitholders are now available online. They may be accessed directly through the K-1 Tax Package Support website at www.taxpackagesupport.com/compressco. Kodiak completed the acquisition of CSI Compressco on April 1, 2024. For additional information regarding the T.

Related News