Archrock(AROC)

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Has Archrock (AROC) Outpaced Other Oils-Energy Stocks This Year?
Zacks Investment Research· 2024-03-14 14:41
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Archrock Inc. (AROC) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Archrock Inc. is one of 249 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #16 in the Zacks Sector Rank. The Zacks Sector ...
Archrock Announces Credit Rating Upgrade from S&P Global Ratings
Newsfilter· 2024-03-04 11:03
HOUSTON, March 04, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) ("Archrock") announced that S&P Global Ratings ("S&P") has upgraded Archrock's issuer credit rating to ‘BB-' from ‘B+' with a stable outlook. S&P also raised the issue-level rating on Archrock's senior unsecured debt to ‘BB-' from ‘B+'. S&P pointed to high equipment utilization, increasing earnings and declining leverage through the forecast period. S&P highlighted in their report, "Archrock has significantly increased EBITDA since 2022 ...
Are Oils-Energy Stocks Lagging Archrock (AROC) This Year?
Zacks Investment Research· 2024-02-27 15:46
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is Archrock Inc. (AROC) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.Archrock Inc. is a member of our Oils-Energy group, which includes 249 different companies and currently sits at #16 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different group ...
What Makes Archrock Inc. (AROC) a New Strong Buy Stock
Zacks Investment Research· 2024-02-23 18:01
Investors might want to bet on Archrock Inc. (AROC) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system ...
Best Momentum Stock to Buy for February 23rd
Zacks Investment Research· 2024-02-23 16:01
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 23rd:Archrock (AROC) : This company which, is a provider of natural gas contract compression services as well as supplier of aftermarket services of compression equipment, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.Archrock’s shares gained 31.3% over the last three month compared with the S&P 50 ...
Best Income Stocks to Buy for February 23rd
Zacks Investment Research· 2024-02-23 13:35
Here are three stocks with buy rank and strong income characteristics for investors to consider today, February 23rd:Archrock (AROC) : This company which is a provider of natural gas contract compression services as well as supplier of aftermarket services of compression equipment, has witnessed the Zacks Consensus Estimate for its next year earnings increasing 3.9% over the last 60 days.This Zacks Rank #1 (Strong Buy) company has a dividend yield of 3.5%, compared with the industry average of 0.0%.J. Sains ...
Archrock(AROC) - 2023 Q4 - Earnings Call Transcript
2024-02-21 19:59
Archrock, Inc. (NYSE:AROC) Q4 2023 Earnings Conference Call February 21, 2024 10:00 AM ET Company Participants Megan Repine - Manager, IR, Noble Midstream Partners Bradley Childers - President, CEO & Director Douglas Aron - SVP & CFO Conference Call Participants James Rollyson - Raymond James & Associates Selman Akyol - Stifel, Nicolaus & Company Stephen Ferazani - Sidoti & Company Elvira Scotto - RBC Capital Markets Operator Ladies and gentlemen, good morning. Welcome to the Archrock Fourth Quarter 2023 Co ...
Archrock Inc. (AROC) Q4 Earnings Meet Estimates
Zacks Investment Research· 2024-02-21 00:16
Archrock Inc. (AROC) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this natural gas compression services business would post earnings of $0.19 per share when it actually produced earnings of $0.20, delivering a surprise of 5.26%.Over the last four quarters, the company has surpassed consensus EPS estimates two times. ...
Archrock(AROC) - 2023 Q4 - Annual Report
2024-02-20 16:00
Table of Contents Title of each class Trading Symbol Name of exchange on which registered Common Stock, $0.01 par value per share AROC New York Stock Exchange Securities registered pursuant to 12(g) of the Act: None Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K (MARK ONE) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ...
Archrock(AROC) - 2023 Q4 - Annual Results
2024-02-20 16:00
Archrock Reports Fourth Quarter and Full Year 2023 Results and Provides 2024 Guidance HOUSTON, February 20, 2024 - Archrock, Inc. (NYSE: AROC) ("Archrock") today reported results for the fourth quarter and full year 2023 and provided 2024 guidance. Fourth Quarter and Full Year 2023 Highlights ● Revenue for the fourth quarter of 2023 was $259.6 million compared to $218.9 million in the fourth quarter of 2022. Revenue for 2023 was $990.3 million compared to $845.6 million in 2022. ● Net income for the fourth ...