Natural Gas Services Stock Discussion

Outgoing CEO Stephen Taylor and incoming CEO Justin Jacobs express optimism for NGS's future. Taylor praises Jacobs' expertise, while Jacobs highlights NGS's strong competitive position and industry tailwinds.

Natural Gas Futures Are Near a Major Inflection Point
Natural gas prices have had a massive rally of about 80% this year. The price action appears to be rejecting a couple of long-term Fibonacci levels and is now just above the support line that has held nat gas prices up all year. Will the rally continue into next year? Or will we see a correction soon?
After a roughly 80% rally, I think some commodity traders might be willing to take some profit if the price dips ...

The Company and Ms. Hodges express positivity for her appointment due to her extensive industry background, financial expertise, and board experience. She's excited to contribute to the Company's growth and innovation with her skills.

Natural Gas Services Group's high P/S ratio is justified by superior revenue forecasts which promise a prosperous future, deterring shareholders from selling. The likelihood of revenue decreases is regarded as low, maintaining the high P/S ratio.

Consumers are likely to be hit by escalating electricity and heating costs this winter because of the high price of natural gas. In Europe the problem is particularly acute. In Germany and England, wholesale power prices hit new records this week after having more than quintupled in the past year. Natural-gas futures in Europe are more than 10 times as high as they were a year ago. The problem is that Russia has ratcheted down the amount of gas it’s sending to Europe through its Nord Stream pipe...