Kodiak Gas Services (KGS) is trading at $71.00 (up 4.4%) in pre-market action, following the announcement of a multi-year strategic agreement with Baker Hughes.
- The agreement establishes a framework for Baker Hughes to provide gas turbine power generation solutions to support Kodiak's expanding energy infrastructure initiatives, particularly for U.S. data center growth.
- This strategic deal includes an initial equipment award for approximately 1 gigawatt (GW) of power generation capacity to be delivered by 2030, with the broader framework providing a pathway for up to 1.8 GW over time.