Archrock

Archrock, Inc. engages in the provision of operations, maintenance, service and equipment for oil and natural gas production, processing and transportation applications. It operates through the following segments: Contract Operations and Aftermarket Services. The Contract Operations segment consists of equity investment in the partnership, in addition to the owned fleet of natural gas compression equipment that the company use to provide operations services. The Aftermarket Services segment sell parts and components, provides operations, maintenance, overhaul and reconfiguration services to customers. The company was founded in 1954 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Archrock reports robust 2022 performance and forecasts significant growth

Archrock delivered strong financial performance in 2022 and expects significant growth in 2023 driven by market demand and operational enhancements.
The company's focus on efficiency, technology, and financial strength positions it well for future success and shareholder returns.
While facing challenges in aftermarket services margins and capital allocation, Archrock remains optimistic about its strategic direction and growth prospects.
Opportunities lie in leveraging market demand, technology investments, and operational improvements to drive profitability and shareholder value.

Archrock (AROC) reports strong Q1 earnings, poised for growth

Archrock (AROC) delivered a strong Q1 2023 performance with robust revenue growth, high utilization rates, and a focus on shareholder returns.
The company's emphasis on reducing leverage, declaring a dividend increase, and addressing analyst inquiries reflects a commitment to sustainable growth.
Management's confidence in the company's performance and outlook signals a positive trajectory for Archrock, highlighting opportunities for expansion and value creation.

Archrock (AROC) reports robust Q2 earnings and sustainability recognition

Archrock (AROC) delivered impressive financial results in Q2 2023, showcasing strong operational performance and strategic initiatives to drive growth and shareholder value.
The company's recognition for sustainability efforts, increased dividend, and enhanced guidance reflect its commitment to sustainable growth and financial strength.
While facing challenges in capital management and industry dynamics, Archrock remains well-positioned to capitalize on opportunities in the energy sector and deliver long-term value to stakeholders.

Archrock reports record Q3 earnings, eyes tech investments for growth

Archrock's Q3 2023 performance reflects strong financial results, positioning the company well in the natural gas value chain. While challenges like cost management persist, opportunities in technology investments and dividend growth signal a path for sustained success. Leveraging its market position and operational strengths, Archrock aims to drive improved returns and shareholder value.

Archrock (AROC) reports stellar Q4 results, eyes sustainable growth

Archrock's Q4 2023 performance reflects robust financial health, strategic investments, and a commitment to sustainability, setting a positive trajectory for 2024.
Despite potential challenges in market dynamics and regulatory environments, Archrock's strong position, focus on innovation, and growth opportunities bode well for future success.
With a clear roadmap for 2024, Archrock aims to sustain its record performance, drive earnings growth, and generate free cash flow, underlining a promising outlook for investors.

Archrock (AROC) posts record Q1 earnings, eyes growth opportunities

Archrock (AROC) reported stellar Q1 2024 earnings marked by substantial growth in net income and adjusted EBITDA, supported by operational excellence and market tailwinds. The company's commitment to shareholder value, strong balance sheet, and optimistic outlook for 2024 underscore its resilience and growth potential.

Archrock (AROC) posts impressive Q3 results, eyes growth opportunities

Archrock (AROC) delivered strong financial results in Q3 2024, driven by robust performance across key segments and the successful integration of the TOPS acquisition. The company's focus on enhancing shareholder returns, investing in growth opportunities, and maintaining operational efficiency underscores its commitment to long-term value creation. While challenges related to capital allocation and market dynamics exist, Archrock remains optimistic about its prospects and the positive outlook for the compression market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Archrock, Inc. engages in the provision of operations, maintenance, service and equipment for oil and natural gas production, processing, and transportation applications. It operates through the Contract Operations and Aftermarket Services. The Contract Operations segment includes the owned fleet of natural gas compression equipment that the company uses to provide operations services. The Aftermarket Services segment sell parts and components, and provides operations, maintenance, overhaul, and reconfiguration services to customers. The company was founded in 1954 and is headquartered in Houston, TX.

Contract gas compression company Archrock offers well-considered operations in a vital, but easily-overlooked midstream sector: natural gas compression.

Archrock Advantages Hiding In Plain Sight

Archrock (AROC) has been struggling lately, but the selling pressure may be coming to an end soon

Archrock (AROC) Sees Hammer Chart Pattern: Time to Buy?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Archrock Inc. (AROC) a Great Value Stock Right Now?

Let's see if Archrock (AROC) stock is a good choice for value-oriented investors right now from multiple angles.

Is Archrock (AROC) A Worthy Stock for Value Investors Now?

Archrock Inc. (AROC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Archrock Inc. (AROC): Time to Buy?

Archrock, Inc. (AROC) CEO Brad Childers on Q4 2020 Results - Earnings Call Transcript

HOUSTON, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the fourth quarter and full year 2020 and provided 2021 financial guidance.

Archrock Reports Fourth Quarter and Full Year 2020 Results and Provides 2021 Guidance

Archrock (NYSE:AROC) announces its next round of earnings this Monday, February 22. Here is Benzinga's look at Archrock's Q4 earnings report.

Earnings Preview: Archrock

HOUSTON, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Tuesday, February 23, 2021, to discuss its fourth quarter 2020 financial and operating results and 2021 guidance. The call will begin at 11:00 a.m. Eastern Time. Archrock will release its fourth quarter 2020 earnings report prior to the conference call.

Archrock Announces Timing for Fourth Quarter 2020 Results

HOUSTON, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock” or the “Company”) today announced that, on January 20, 2021, Wendell R. Brooks notified the Company of his retirement from the Company's Board of Directors (the “Board”).  Mr. Brooks has served on the Board since 2015, including as a member of the audit and compensation committees.

Archrock Announces Changes to Board of Directors

Financial leverage is being reduced as planned. The dividend is very well covered.

Archrock Inc. - Prime Beneficiary

HOUSTON, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced the closing of the previously announced private offering by Archrock Partners, L.P. (“Archrock Partners”), a wholly-owned subsidiary of Archrock, of $300 million aggregate principal amount of 6.250% senior notes due 2028 (the “New Notes”). Archrock Partners Finance Corp., a wholly-owned subsidiary of Archrock Partners (together with Archrock Partners, the “Issuers”), is the co-issuer of the New Notes. The New Notes were offered as additional notes under an indenture, dated December 20, 2019 (the “Indenture”), pursuant to which the Issuers previously issued $500 million aggregate principal amount of 6.250% senior notes due 2028 (the “Initial Notes”). The New Notes have identical terms as the Initial Notes, other than the issue date, and the New Notes and the Initial Notes will be treated as a single class of securities under the Indenture. Archrock Partners intends to use the net proceeds of the sale of the New Notes to partially repay outstanding borrowings under its revolving credit facility and for general partnership purposes.

Archrock Announces Closing of $300 Million of Senior Notes Offering

HOUSTON, Dec. 14, 2020 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced the pricing of an upsized private offering by Archrock Partners, L.P. (“Archrock Partners”), a wholly-owned subsidiary of Archrock, of $300 million aggregate principal amount of 6.250% senior notes due 2028 (the “New Notes”) at an issue price of 104.875% of their face value. The size of the offering was increased by $50 million from the previously announced offering size of $250 million. The New Notes are being offered as additional notes under an indenture, dated December 20, 2019 (the “Indenture”), pursuant to which the Issuers previously issued $500 million aggregate principal amount of 6.250% senior notes due 2028 (the “Initial Notes”). The offering is expected to close on December 17, 2020, subject to the satisfaction of customary closing conditions. Archrock Partners Finance Corp., a wholly-owned subsidiary of Archrock Partners, will serve as co-issuer of the New Notes. The New Notes will have identical terms as the Initial Notes, other than the issue date, and the New Notes and the Initial Notes will be treated as a single class of securities under the Indenture. Archrock Partners intends to use the net proceeds of the sale of the New Notes to partially repay outstanding borrowings under its revolving credit facility and for general partnership purposes.

Archrock Announces Upsizing and Pricing of $300 Million of Senior Notes

HOUSTON, Dec. 14, 2020 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that Archrock Partners, L.P. (“Archrock Partners”), a wholly-owned subsidiary of Archrock, intends, subject to market and other conditions, to offer and sell to eligible purchasers $250 million aggregate principal amount of senior notes due 2028 (the “New Notes”). Archrock Partners Finance Corp., a wholly-owned subsidiary of Archrock Partners (together with Archrock Partners, the “Issuers”), will serve as co-issuer of the New Notes. The New Notes are being offered as additional notes under an indenture, dated December 20, 2019 (the “Indenture”), pursuant to which the Issuers previously issued $500 million aggregate principal amount of 6.250% senior notes due 2028 (the “Initial Notes”). The New Notes will have identical terms as the Initial Notes, other than the issue date, and the New Notes and the Initial Notes will be treated as a single class of securities under the Indenture. Archrock Partners intends to use the net proceeds of the sale of the New Notes to partially repay outstanding borrowings under its revolving credit facility and for general partnership purposes.

Archrock Announces Private Offering of $250 Million of Senior Notes

AbbVie

Altria

Simon Property Group

AT&T

Another wave of COVID wave is upon us, with cases in various states rising to new record levels and shutdowns proliferating. Dividend Growth Stocks have historically offered reliable income that can see you through tough times. They have a history of outperforming during recessions and market troubles.

Ride Through Another COVID Wave With These 5 Undervalued Dividend Growth Stocks

Enterprise Products Partners

Exxon Mobil

Value stocks have been neglected in many cases during 2020. A vaccine rollout will hopefully lead to normalization in 2021.

Value Shines: 5 High-Yield Income Stocks With More Upside

USA Compression Partners

Natural gas demand continues regardless of COVID-19, oil price wars, or recession. You can't move natural gas from here to there without a compressor.

The Spice Must Flow: ArchRock And USA Compression Partners

Archrock, Inc. (AROC) CEO Brad Childers on Q3 2020 Results - Earnings Call Transcript

Archrock Inc. (AROC) delivered earnings and revenue surprises of 133.33% and -1.86%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Archrock Inc. (AROC) Q3 Earnings Top Estimates

HOUSTON, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the third quarter of 2020.

Archrock Reports Third Quarter 2020 Results

HOUSTON, Oct. 23, 2020 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Tuesday, November 3, 2020, to discuss its third quarter 2020 financial and operating results. The call will begin at 12:00 p.m. Eastern Time. Archrock will release its third quarter 2020 earnings report prior to the conference call. To listen to the call via a live webcast, please visit Archrock's website at www.archrock.com. The call will also be available by dialing 1-877-407-0784 in the United States and Canada, or 1-201-689-8560 for international calls.

Archrock Announces Timing for Third Quarter 2020 Results

ONEOK

Chasing these three high-yield dividend stocks could ultimately be hazardous to your portfolio.

Danger Lurks for These 3 High-Dividend Stocks

Archrock Inc. (AROC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Archrock Inc. (AROC) to Report a Decline in Earnings: What to Look Out for

A Biden presidential win could have a negative near-term effect on energy stock prices.

How A Federal Drilling Permit Ban Could Impact Archrock

Enbridge

Interpublic Group of Companies

Kraft Heinz

Newell Brands

Walgreens

Xerox

Investors are looking for dividend stocks in a zero interest rate environment. But these eight names may be paying out a little too much.

News for Archrock Stock (AROC)