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Companies Natural Gas Services Group

Natural Gas Services (NGS): executive pay, fiscal 2025

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CEO total pay$2,968,713CEO Justin Jacobs · source
Say-on-pay support93.86%Latest vote · source
CEO vs. named peers46th pct.Of 15 peer CEOs
CEO pay ratio46:1To the median employee · source

CEO pay, last three years

  • $2,284,275FY2024
  • $2,968,713FY2025

CEO total pay was $2,968,713 in fiscal 2025, up from $2,284,275 in fiscal 2024.

FY2025: salary $581,250 · bonus $0 · stock awards $1,631,862 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Natural Gas Services Group in fiscal 2025?
As disclosed, Justin Jacobs (Chief Executive Officer) was the highest-paid executive at Natural Gas Services Group in fiscal 2025, with total compensation of $2,968,713.
How does Natural Gas Services Group's chief executive pay compare to its disclosed peer group?
As disclosed, Justin Jacobs's total compensation ranked at the 46th percentile of Natural Gas Services Group's disclosed peer group.
What is Natural Gas Services Group's CEO-to-median employee pay ratio?
As disclosed, Natural Gas Services Group's CEO-to-median employee pay ratio was 46:1.
How did shareholders vote on Natural Gas Services Group's executive compensation?
As disclosed, 93.86% of shareholders supported Natural Gas Services Group's executive compensation in the latest say-on-pay vote.
How much does Natural Gas Services Group spend in total on board compensation for fiscal 2025?
As disclosed, Natural Gas Services Group reported total board compensation of $1,203,327 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Justin Jacobs$581,250$0$1,631,862$0$711,706$0$43,895$2,968,713
Chief Executive Officer
Brian Tucker333,3330452,8630250,000042,1351,078,331
Former President and Chief Operating Officer
Ian Eckert415,000000381,107032,225828,332
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Justin Jacobs$2,968,713$2,284,275—↑ +684,438
Brian Tucker1,078,3311,225,254253,653↓ −146,923
Ian Eckert828,332739,493—↑ +88,839

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The Company utilizes a pay for performance model that directly links executive compensation with results supporting its business strategy and shareholder value. The program balances short- and long-term objectives with a significant emphasis on performance-based compensation, aiming to be simple, transparent, and aligned with shareholder interests.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantFrederic W. Cook & Co., Inc. (FW Cook)
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Justin JacobsRSU2025-03-13——35,087—$778,581
Justin JacobsPSU2025-03-1315,21030,420—60,840853,281
Brian TuckerPSU2025-03-134,5079,014—18,028252,843
Brian TuckerRSU2025-03-13——9,014—200,021

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Justin Jacobs$778,581$853,281$052.3%
Brian Tucker200,021252,843055.8%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Ian EckertRSU5,063—$170,370
Ian EckertRSU7,595—255,572
Justin JacobsRSU20,921—703,992
Justin JacobsRSU30,420—1,023,633
Justin JacobsRSU35,087—1,180,678
Justin JacobsRSU37,876—1,274,527
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Stephen C. TaylorNot independent$95,000$110,019——$57,391$262,410
Donald J. TringaliIndependent · Board Chair · Lead Independent Director · Compensation · Nominating and Governance (Chair)101,250110,019——0211,269
Jean K. HolleyIndependent · Compensation (Chair) · Safety and Sustainability75,000110,019——0185,019
Nigel J. JenveyIndependent · Audit · Nominating and Governance · Safety and Sustainability (Chair)75,000110,019——0185,019
Georganne HodgesIndependent · Audit (Chair) · Compensation · Nominating and Governance75,000110,019——0185,019
J. Anthony Gallegos JrIndependent · Audit · Safety and Sustainability · Newly elected45,000129,591——0174,591

Board fee structure and ownership guideline

Annual cash retainer$60,000
Annual equity retainer$110,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)15,000 / 15,000 / 15,000
Stock ownership guideline$4

Total cost of the board

ComponentFY2025
Cash retainers and fees$466,250
Equity awards (grant-date value)$679,686
All other compensation$57,391
Total cost of the board$1,203,327

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Natural Gas Services as a peer

Companies that benchmark against NGS

3 companies name NGS as a compensation peer

Each company listed discloses NGS in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NGS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

Of the companies Natural Gas Services Group names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Natural Gas Services Group.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Energy Services of America Corp.2025Shyam P. Kambeyanda$1,074,175$6,754,615$1,415,023$0$9,695,542
2NPK International Inc.2025Matthew Lanigan754,0004,058,53703,339,6328,196,160
3Forum Energy Technologies, Inc.2025Neal Lux717,7694,232,10501,196,4636,163,337
4DMC Global Inc.2025James O’Leary654,2313,699,99201,233,3045,615,614
5Tetra Technologies, Inc.2025Brady Murphy735,0001,325,33303,061,8255,133,908
6Oil States International, Inc.2025Cindy Taylor925,0002,400,00301,654,2445,079,386
7Ranger Energy Services, Inc.2025Stuart Bodden639,4232,534,702003,722,785
8Natural Gas Services Group2025Justin Jacobs581,2501,631,8620711,7062,968,713
9Seacor Marine Holdings, Inc.2025John Gellert600,0001,360,322002,724,322
10Prime Energy Resources Corp.2025Koti Vadlamudi115,385900,104002,176,941
11Nine Energy Service, Inc.2024Ann Fox726,923612,8600577,1602,022,618
12NCS Multistage Holdings, Inc.2025Ryan Hummer470,833707,0340688,9911,893,018
13KLX Energy Services Holdings, Inc.2025Christopher Baker638,820761,9350291,1101,715,996
14Mammoth Energy Services, Inc.2025Phil Lancaster191,154000324,639
—Solaris Oilfield Infrastructure, Inc.——————not in coverage universe
—Drilling Tools International Corp.——————not in coverage universe

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Natural Gas Services Groupnot disclosedRSU 50 · PSU 50not disclosedFrederic W. Cook & Co., Inc. (FW Cook)
DMC Global Inc.not disclosedRSU 50 · PSU 50not disclosedPearl Meyer & Partners, LLC
Drilling Tools International Corp.not disclosednot disclosednot disclosednot disclosed
Energy Services of America Corp.not disclosednot disclosedNoMeridian
Forum Energy Technologies, Inc.not disclosedPSU 50 · RSU 50not disclosedMeridian Compensation Partners, LLC
KLX Energy Services Holdings, Inc.not disclosedRSU 100not disclosedF.W. Cook
Mammoth Energy Services, Inc.not disclosedRSU 100not disclosedMeridian Compensation Partners, LLC
NCS Multistage Holdings, Inc.not disclosednot disclosednot disclosedMercer LLC
Nine Energy Service, Inc.not disclosednot disclosedNoCompensation Advisory Partners
NPK International Inc.not disclosedRSU 50 · PRSU 50not disclosedZayla Partners, LLC
Oil States International, Inc.not disclosedRSU 50 · PRSU 25 · Cash Performance Award 25not disclosedMeridian Compensation Partners
Prime Energy Resources Corp.190%PSU 65 · RSU 35NoMeridian Compensation Partners
Ranger Energy Services, Inc.not disclosednot disclosednot disclosedMeridian Compensation Consultants, LLC
Seacor Marine Holdings, Inc.not disclosednot disclosednot disclosednot disclosed
Solaris Oilfield Infrastructure, Inc.not disclosednot disclosednot disclosednot disclosed
Tetra Technologies, Inc.not disclosedRSU 50 · LTIP Units 50not disclosedPay Governance LLC

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-108,576,391560,762201,90493.86%Passed
20252025-06-058,090,9281,331,487391,23785.87%Passed
20242024-06-134,930,1303,642,059770,26057.51%Passed
20232023-06-156,159,0162,320,725832,26672.63%Passed
20222022-06-164,390,1354,709,361958,98148.25%Failed
20212021-06-172,328,8196,720,5192,007,51625.73%Failed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-06-1093.86%a
20252025-06-0585.87%b
20242024-06-1357.51%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Approved under the standard stated in the filing — “Advisory Vote to Approve Executive Compensation ("Say on Pay" Vote) -- Majority of votes cast | Abstentions: Under Colorado law (under which the Company is incorporated), abstentions are counted as shares present and entitled to vote at the Annual Meeting, and therefore counted as present for the purpose of determining whether a quorum is present, but they are not counted as shares cast and will therefore have no effect on the outcome of the vote.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)46 : 1
CEO total compensation$3,188,949
Median employee compensation$70,002
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (46 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Justin Jacobs. DEF 14A, filed 2026-04-28. Section “Compensation Tables” · page 37. As printed: 2,968,713. View filing ↗
  • Section 01, Brian Tucker. DEF 14A, filed 2026-04-28. Section “Compensation Tables” · page 37. As printed: 1,078,331. View filing ↗
  • Section 01, Ian Eckert. DEF 14A, filed 2026-04-28. Section “Compensation Tables” · page 37. As printed: 828,332. View filing ↗
  • Section 03, Justin Jacobs RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Justin Jacobs PSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Brian Tucker PSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Brian Tucker RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2021-04-30. Section “CEO Pay Ratio”. As printed: 46 : 1. View filing ↗
  • Section 08, Stephen C. Taylor. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 262,410. View filing ↗
  • Section 08, Donald J. Tringali. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 211,269. View filing ↗
  • Section 08, Jean K. Holley. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 185,019. View filing ↗
  • Section 08, Nigel J. Jenvey. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 185,019. View filing ↗
  • Section 08, Georganne Hodges. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 185,019. View filing ↗
  • Section 08, J. Anthony Gallegos Jr. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 174,591. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-11. Item 5.07 · say-on-pay result. As reported: 93.86% (votes for as printed: 8,576,391). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-06-09. Item 5.07 · say-on-pay result. As reported: 85.87% (votes for as printed: 8,090,928). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-06-18. Item 5.07 · say-on-pay result. As reported: 57.51% (votes for as printed: 4,930,130). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 466,250 + equity 679,686 + all other 57,391 = 1,203,327, summed across the director compensation table rows.
  • Energy Services of America Corp., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Energy Services of America Corp.'s own proxy. As printed: 9,695,542. View filing ↗
  • NPK International Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in NPK International Inc.'s own proxy. As printed: 8,196,160. View filing ↗
  • Forum Energy Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Forum Energy Technologies, Inc.'s own proxy. As printed: 6,163,337. View filing ↗
  • DMC Global Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in DMC Global Inc.'s own proxy. As printed: 5,615,614. View filing ↗
  • Tetra Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Tetra Technologies, Inc.'s own proxy. As printed: 5,133,908. View filing ↗
  • Oil States International, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Oil States International, Inc.'s own proxy. As printed: 5,079,386. View filing ↗
  • Ranger Energy Services, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Ranger Energy Services, Inc.'s own proxy. As printed: 3,722,785. View filing ↗
  • Natural Gas Services Group (subject), Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Natural Gas Services Group's own proxy. As printed: 2,968,713. View filing ↗
  • Seacor Marine Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-16. CEO total compensation as printed in Seacor Marine Holdings, Inc.'s own proxy. As printed: 2,724,322. View filing ↗
  • Prime Energy Resources Corp., Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Prime Energy Resources Corp.'s own proxy. As printed: 2,176,941. View filing ↗
  • Nine Energy Service, Inc., Section 10b CEO total. DEF 14A, filed 2025-03-06. CEO total compensation as printed in Nine Energy Service, Inc.'s own proxy. As printed: 2,022,618. View filing ↗
  • NCS Multistage Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in NCS Multistage Holdings, Inc.'s own proxy. As printed: 1,893,018. View filing ↗
  • KLX Energy Services Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in KLX Energy Services Holdings, Inc.'s own proxy. As printed: 1,715,996. View filing ↗
  • Mammoth Energy Services, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-15. CEO total compensation as printed in Mammoth Energy Services, Inc.'s own proxy. As printed: 324,639. View filing ↗
  • Section 10a, Nine Energy Service, Inc. reciprocity. DEF 14A. Nine Energy Service, Inc.'s most recent proxy was read; its disclosed peer group does not include Natural Gas Services Group. View filing ↗
  • Section 10a, Forum Energy Technologies, Inc. reciprocity. DEF 14A. Forum Energy Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Natural Gas Services Group. View filing ↗
  • Section 10a, KLX Energy Services Holdings, Inc. reciprocity. DEF 14A. KLX Energy Services Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Natural Gas Services Group. View filing ↗
  • Section 10a, Prime Energy Resources Corp. reciprocity. DEF 14A. Prime Energy Resources Corp.'s most recent proxy was read; its disclosed peer group does not include Natural Gas Services Group. View filing ↗
  • Section 10a, DMC Global Inc. reciprocity. DEF 14A. DMC Global Inc.'s most recent proxy was read; its disclosed peer group does not include Natural Gas Services Group. View filing ↗
  • Section 10a, Energy Services of America Corp. reciprocity. DEF 14A. Energy Services of America Corp.'s most recent proxy was read; its disclosed peer group does not include Natural Gas Services Group. View filing ↗
  • Section 10a, NPK International Inc. reciprocity. DEF 14A. NPK International Inc.'s most recent proxy was read; its disclosed peer group does not include Natural Gas Services Group. View filing ↗
  • Section 10a, Mammoth Energy Services, Inc. reciprocity. DEF 14A. Mammoth Energy Services, Inc.'s most recent proxy was read; its disclosed peer group does not include Natural Gas Services Group. View filing ↗
  • Section 10a, Oil States International, Inc. reciprocity. DEF 14A. Oil States International, Inc.'s most recent proxy was read; its disclosed peer group does not include Natural Gas Services Group. View filing ↗
  • Section 10a, Ranger Energy Services, Inc. reciprocity. DEF 14A. Ranger Energy Services, Inc.'s most recent proxy was read; its disclosed peer group does not include Natural Gas Services Group. View filing ↗
  • Section 10a, SEACOR Marine Holdings, Inc. reciprocity. DEF 14A. SEACOR Marine Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Natural Gas Services Group. View filing ↗
  • Section 10a, TETRA Technologies, Inc. reciprocity. DEF 14A. TETRA Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Natural Gas Services Group. View filing ↗
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