EQT completes sale of common stock of Kodiak Gas Services

Whats Happening:

EQT Infrastructure III and IV funds have completed the sale of approximately 3.2 million shares of common stock in Kodiak Gas Services, Inc. for gross proceeds of about $116 million. The sale was executed on May 12, 2025, through Rule 144 of the Securities Act. Additionally, Kodiak Gas Services repurchased around 278,000 shares from EQT in a private transaction for about $10 million. Following these transactions, EQT now holds approximately 31.3 million shares of Kodiak Gas Services' common stock.

Key Moves:

• EQT Infrastructure funds sell 3.2 million shares of Kodiak Gas Services for $116 million

• Kodiak Gas Services repurchases 278,000 shares from EQT for $10 million

• EQT retains ownership of approximately 31.3 million shares post-transactions

By The Numbers:

• 3.2 million shares sold by EQT Infrastructure funds

• $116 million in gross proceeds from the share sale

• $10 million from Kodiak Gas Services' share repurchase

Bottom Line:

EQT Infrastructure funds have partially exited their investment in Kodiak Gas Services through a significant share sale and company repurchase, generating $126 million in total proceeds. This move suggests a strategic reallocation of assets while maintaining a substantial stake in the company, potentially indicating continued confidence in Kodiak's future performance or a gradual exit strategy.

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