MASHINIi

Natural Gas Services Group Inc..

NGS.US | Support activities for petroleum and natural gas extraction

Natural Gas Services Group, Inc. (NGS) is a provider of gas compression equipment and services to the energy industry. The company manufactures, fabricates, rents, sells, and services natural gas compression equipment, primarily for applications in the oil and natural gas production, processing, and...Show More

Ethical Profile

Mixed.

Natural Gas Services Group Inc. (NGS.US) receives a mixed ethical rating. Its core business, supporting natural gas extraction and transport, is fundamentally in conflict with 'Better Health for All' and 'Planet-Friendly Business,' contributing to air pollution and greenhouse gas emissions. While NGS emphasizes safety with new hire training and monthly meetings, the broader natural gas industry has faced cybersecurity vulnerabilities and ransomware attacks that caused operational shutdowns. NGS has a Supplier Code of Conduct addressing ethical sourcing, though reports suggest challenges in tracing all conflict mineral origins. Data is insufficient to assess performance in areas like fair pay, honest business, or community respect.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business10
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

0

No evidence available to assess Natural Gas Services Group Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

Natural Gas Services Group, Inc. (NGS.US) operates in the Oil & Gas Equipment & Services industry, providing gas compression equipment and services to the energy sector

1
. Its core business involves manufacturing, fabricating, renting, selling, and servicing natural gas compression equipment
2
. As such, NGS.US is not a financial institution and does not offer consumer lending, deposit services, or other financial products. The provided articles confirm its business model and do not contain any evidence related to financial inclusion, fair lending practices, or economic opportunity for underserved consumer segments. Therefore, all KPIs under the 'Fair Money & Economic Opportunity' value are not applicable to NGS.US's business model, aligning with the '0' tier definitions for non-financial companies.

Fair Pay & Worker Respect

0

No evidence available to assess Natural Gas Services Group Inc. on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No quantitative data was provided across the articles for any of the Fair Trade & Ethical Sourcing KPIs. Information regarding fair trade certification share, audit frequency, forced/child labour incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend was not found. The articles mention NGS's Supplier Code of Conduct, which outlines expectations for environmental compliance, labor standards, conflict minerals, and ethical sourcing, and notes the use of EcoVadis and third-party software for supplier assessments, monitoring, and audits

1
. However, these do not provide the specific quantitative metrics required for scoring.

Honest & Fair Business

10

NGS has adopted a Whistleblower Policy that protects employees from retaliation for reporting perceived improper conduct

1
and allows for anonymous reporting
2
. The company has reported zero financial restatements in its 2024 filing
3
and no explicit restatements are mentioned for the preceding four years
4
. Independent registered public accounting firms audit the company's consolidated financial statements and the effectiveness of its internal controls over financial reporting
5
, indicating 100% coverage for these critical areas. Five out of six board members are independent, representing 83.33% of the board. The company has a Code of Business Conduct and Ethics that complies with Section 406 of Sarbanes-Oxley
6
. Independent auditors also verify the company's financial statements and internal controls over financial reporting
7
.

Kind to Animals

0

No evidence available to assess Natural Gas Services Group Inc. on Kind to Animals.

No War, No Weapons

0

The company's core business is providing natural gas compression equipment and services to the energy industry.

1
No evidence indicates revenue from arms or defense contracts.
2
The Board of Directors has a Safety & Sustainability Committee.
3
,
4
but there is no defense business for it to oversee.

Planet-Friendly Business

0

No evidence available to assess Natural Gas Services Group Inc. on Planet-Friendly Business.

Respect for Cultures & Communities

0

No evidence available to assess Natural Gas Services Group Inc. on Respect for Cultures & Communities.

Safe & Smart Tech

0

The company reported no material cybersecurity incidents for the fiscal year ending December 31, 2024

1
, and has not identified risks from known threats that could materially impact its operations or financial results
2
. It has implemented a comprehensive cybersecurity program, including risk assessments, penetration testing, firewalls, intrusion detection systems, encryption technologies, access controls, and incident response and recovery plans
3
. The company also states it adheres to applicable data protection laws and regulations, including the California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR)
4
.

Zero Waste & Sustainable Products

-30

NGS.US implements several waste reduction initiatives, including minimizing blowdown volumes through less frequent shutdowns

1
, routing discharge gas to the suction header
2
, and stopping venting at low case pressure
3
. Its eComp technology captures or eliminates all fugitive emissions
4
and removes the need for external gas or air compressors
5
. The proprietary SMART system reduces unplanned compressor shutdowns by 5-25% compared to industry standards
6
. The company's fabrication and maintenance operations generate hazardous wastes such as solvents and waste oil
7
, which it manages under stringent environmental regulations
8
, attempting to use generally accepted operating and disposal practices
9
. NGS.US delivers very high levels of mechanical availability for its products
10
, indicating superior reliability
11
.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.