Company Performance - Archrock Inc. reported quarterly earnings of $0.26 per share, exceeding the Zacks Consensus Estimate of $0.22 per share, and showing an increase from $0.10 per share a year ago, representing an earnings surprise of 18.18% [1] - The company posted revenues of $268.49 million for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 3.06%, compared to revenues of $229.83 million in the same quarter last year [1] - Over the last four quarters, Archrock has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [1] Stock Performance - Archrock Inc. shares have increased approximately 30.7% since the beginning of the year, significantly outperforming the S&P 500's gain of 7.3% [2] - The current consensus EPS estimate for the upcoming quarter is $0.24 on revenues of $268.43 million, and for the current fiscal year, it is $0.99 on revenues of $1.08 billion [4] Industry Outlook - The Oil and Gas - Field Services industry, to which Archrock belongs, is currently ranked in the bottom 33% of over 250 Zacks industries, indicating potential challenges ahead [5] - Another company in the same industry, Newpark Resources, is expected to report a quarterly earnings decline of 44.4%, with revenues projected to be $170.69 million, down 14.7% from the previous year [5][6]

HOUSTON, April 26, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) ("Archrock" or the "Company") today announced that its Board of Directors has declared a quarterly dividend of $0.165 per share of common stock, or $0.66 per share on an annualized basis. The first quarter 2024 dividend will be paid on May 14, 2024 to all stockholders of record on May 7, 2024. The first quarter 2024 dividend per share amount is consistent with Archrock's fourth quarter 2023 dividend and represents a year-over-year increa ...

Archrock, Inc. (AROC) is set to release first-quarter 2024 results on Apr 30. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 22 cents per share on revenues of $260.5 million.Let’s delve into the factors that might have influenced the Houston, TX-based energy company’s results in the March quarter. But it’s worth taking a look at AROC’s previous-quarter performance first.Highlights of Q4 Earnings & Surprise HistoryIn the last reported quarter, the provider of natural gas-c ...

Archrock Inc. (AROC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this natural gas compression services business have returned +0.5% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Oil and Gas - Field Services industry, to which Archrock Inc. belongs, has lost 3.5% over this period. Now the key question is: Where could the stock be h ...

Company Overview - Archrock, Inc. is an energy infrastructure company focused on midstream natural gas compression, committed to safe and environmentally responsible production, compression, and transportation of natural gas [2] Upcoming Financial Event - Archrock will host a conference call on May 1, 2024, at 12:00 p.m. Eastern Time to discuss its first quarter 2024 financial and operating results [1] - The first quarter 2024 earnings report will be released prior to the conference call [1] - The call can be accessed via a live webcast on Archrock's website or by dialing specific numbers for U.S. and international participants [1] Additional Information - Archrock is headquartered in Houston, Texas, and is a premier provider of natural gas compression services across the U.S. [2] - The company also offers aftermarket services to customers owning compression equipment [2] - For more information, Archrock promotes its purpose under the slogan "WE POWER A CLEANER AMERICA™" [2]

Archrock Inc. (AROC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this natural gas compression services business have returned +9.9%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Oil and Gas - Field Services industry, which Archrock Inc. falls in, has gained 8.4%. The key question now is: What could be th ...

Archrock (AROC) is a Zacks Rank #1 (Strong Buy) that has a D for Value and D for Growth.  This oil and gas stock that focuses on compression services recently beat earnings and has a great chart.  Let’s explore more about this company in this Bull of The Day article.DescriptionArchrock, Inc. is a provider of natural gas contract compression services as well as supplier of aftermarket services of compression equipment. The company operates in the oil and gas producing regions primarily in the United States. ...

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 #14 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different grou ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, March 21:Archrock, Inc. (AROC) : This energy infrastructure company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.9% the last 60 days.This Zacks Rank #1 company has a dividend yield of 3.5%, compared with the industry average of 0.0%.Bank7 Corp. (BSVN) : This bank holding company for Bank7 has witnessed the Zacks Consensus Estimate for its current year earnings incre ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...