History
Kodiak's Story
KODIAK SERVICES FOUNDED
KODIAK PARTNERS WITH THE STEPHENS GROUP TO FUND FUTURE GROWTH
KODIAK DEPLOYS ITS FIRST TWO COMPRESSORS
EQT ACQUIRES KODIAK FROM THE STEPHENS GROUP
KODIAK ANNOUNCES THE ACQUISITION OF PEGASUS OPTIMIZATION MANAGERS, LLC
KODIAK PUBLISHES ITS INAUGURAL SUSTAINABILITY REPORT
KODIAK SERVICES FOUNDED
KODIAK PARTNERS WITH THE STEPHENS GROUP TO FUND FUTURE GROWTH
KODIAK DEPLOYS ITS FIRST TWO COMPRESSORS
EQT ACQUIRES KODIAK FROM THE STEPHENS GROUP
KODIAK ANNOUNCES THE ACQUISITION OF PEGASUS OPTIMIZATION MANAGERS, LLC
KODIAK PUBLISHES ITS INAUGURAL SUSTAINABILITY REPORT
Kodiak Gas Services, Inc. (Kodiak) was formed in May of 2010 with the intent of becoming a provider of “true” contract compression services differentiating ourselves from other compression companies at the time. In June of 2011, Kodiak partnered with the Stephens Group, a private equity group out of Little Rock, Arkansas, to fund future growth. With our new financial backer in place, Kodiak set our first two compression units in January of 2012.
Kodiak’s service model, providing 24/7 access to technical and mechanical support, and our industry-leading runtime of >99.5% helped Kodiak garner strong relationships with customers in the upstream and midstream segments of the oil and gas market.
With these relationships in place, over the next five years Kodiak grew from those first two compression units to become the third largest contract compression services provider, and the largest privately-held compression services provider in the world.
In February of 2019, Kodiak proved again why we are “best-in-class” when we attracted the attention of an infrastructure fund managed by EQT Partners, Inc., becoming the first contract compression services provider backed by an infrastructure fund. With our new partner in place, Kodiak is poised to continue its unprecedented growth while maintaining focus on safety, customer service, and our most important resource: our employees.