Conestoga Capital Advisors Adds Kodiak Gas Services to Portfolio

Conestoga Capital Advisors added Kodiak Gas Services, Inc. to its Small Cap Composite portfolio during the second quarter of 2026. In its Q2 2026 investor letter, the asset management firm described the company as a high-quality growth business.

Conestoga identified several key drivers for the investment, stating that Kodiak Gas Services is well-positioned to benefit from rising demand for natural gas infrastructure, LNG exports, and the power generation required for AI-related data center development. The firm specifically highlighted the company's long-term customer contracts, industry-leading fleet utilization, and expansion into distributed power as foundations for durable growth and cash flow generation.

As of August 4, 2026, Kodiak Gas Services had a market capitalization of $6.01 billion with a share price of $59.54.