Private equity firm EQT's affiliate, Frontier TopCo, has completed the sale of more than 9.7 million shares in Kodiak Gas Services, amounting to approximately $336 million.

Goldman Sachs served as the sole underwriter for the transaction, which was finalized on December 2.

EQT has previously reduced its stake in Texas-based Kodiak Gas Services, a provider of natural gas compression services, on several occasions.