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    Sebastian ErkanRedburn Atlantic

    Sebastian Erkan's questions to Kodiak Gas Services Inc (KGS) leadership

    Sebastian Erkan's questions to Kodiak Gas Services Inc (KGS) leadership • Q4 2024

    Question

    Sebastian Erkan asked about challenges from labor tightness in the Permian, the key drivers for reaching the high end of the 2025 EBITDA guidance, and the potential to gain market share from smaller competitors.

    Answer

    CEO Mickey McKee explained that Kodiak is addressing labor constraints through significant investments in training and technology. He noted that outperformance on EBITDA would depend on successful contract renewals and the pace of redeploying upgraded legacy CSI equipment. On market share, McKee emphasized that the company's focus is on disciplined capital deployment and margin expansion rather than growth for its own sake.

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