Archrock(AROC)

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Archrock Expands its Compression Capacity With $357M NGCS Acquisition
ZACKS· 2025-03-12 10:36
Core Viewpoint - Archrock, Inc. has announced a definitive agreement to acquire Natural Gas Compression Systems for $357 million, enhancing its position in the natural gas compression services market in the U.S. [1] Group 1: Acquisition Details - The acquisition will be financed with $298 million in cash from Archrock's ABL credit facility and the issuance of up to 2.312 million new shares to the sellers [3] - The transaction has been unanimously approved by Archrock's board and is expected to close in the second quarter of 2025, pending regulatory approvals [3] Group 2: Strategic Benefits - The acquisition will increase Archrock's compression capacity to over 4.5 million operating horsepower, with a 10% increase in capacity in the Permian Basin, reaching approximately 2.5 million horsepower [4] - The merger will enhance Archrock's electric motor drive compression horsepower to approximately 815,000 [4] - The deal is anticipated to be immediately accretive to Archrock's earnings per share and dividend cash flow by the end of 2025 [4] Group 3: Company Overview - Archrock is a provider of natural gas contract compression services and aftermarket services for compression equipment, currently holding a Zacks Rank 1 (Strong Buy) [5]
Archrock to Acquire Natural Gas Compression Systems, Inc.
Newsfilter· 2025-03-10 21:53
Business includes approximately 351,000 horsepower, comprised of 316,000 operating horsepower and a 35,000 horsepower backlog of contracted new equipmentAligns with Archrock's focus on large horsepower compression with blue-chip customersComplements and deepens Archrock's existing operations in the Permian BasinExpands Archrock's electric motor drive compression capabilities as customer demand for low carbon solutions continues to growThe $357 million transaction is expected to be immediately accretive to A ...
Here's Why Archrock Inc. (AROC) Gained But Lagged the Market Today
ZACKS· 2025-03-05 23:50
Archrock Inc. (AROC) ended the recent trading session at $25.28, demonstrating a +0.68% swing from the preceding day's closing price. This change lagged the S&P 500's 1.12% gain on the day. Elsewhere, the Dow gained 1.14%, while the tech-heavy Nasdaq added 1.46%.Shares of the natural gas compression services business have depreciated by 12.42% over the course of the past month, underperforming the Oils-Energy sector's loss of 5.86% and the S&P 500's loss of 4.13%.Market participants will be closely followin ...
Archrock: Emerging As A True Industry Leader
Seeking Alpha· 2025-03-04 08:07
Group 1 - Archrock reported full year earnings on February 27, marking the first full quarter after the TOPS acquisition, showcasing the impact of the company's increased scale [1] - The acquisition has positioned Archrock to leverage its larger operational capacity, indicating potential for enhanced revenue generation and market presence [1] Group 2 - The company focuses on income-producing equities and rental real estate properties, aiming for cash flow and long-term appreciation [1]
New Strong Buy Stocks for February 28th
ZACKS· 2025-02-28 12:20
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:TKO Group Holdings, Inc. (TKO) : This company which is primarily engaged in the production and distribution of unique and creative content via myriad channels, including the premium over-the-top network monetized through license arrangements or through direct-to-consumer subscriptions, content rights agreements, premium live event programming and the sale of consumer products featuring brands, has seen the Zacks Consensus Estimate for i ...
Here is Why Growth Investors Should Buy Archrock Inc. (AROC) Now
ZACKS· 2025-02-27 18:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...
Best Momentum Stock to Buy for February 27th
ZACKS· 2025-02-27 16:00
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 27th:United States Cellular (USM) : This company which is the fourth largest full-service wireless carrier in the United States, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.United States Cellular’s shares gained 3% over the last three month compared with the S&P 500’s loss of 0.7%. The company pos ...
Best Income Stocks to Buy for February 27th
ZACKS· 2025-02-27 13:10
Group 1: Klabin (KLBAY) - Klabin is the largest producer, exporter, and recycler of paper in Brazil [1] - The Zacks Consensus Estimate for Klabin's next year earnings has increased by 1.4% over the last 60 days [1] - Klabin has a Zacks Rank of 1 (Strong Buy) and a dividend yield of 3.3%, which is higher than the industry average of 2.6% [1] Group 2: Archrock (AROC) - Archrock provides natural gas contract compression services and aftermarket services for compression equipment [2] - The Zacks Consensus Estimate for Archrock's next year earnings has increased nearly 1.3% over the last 60 days [2] - Archrock has a Zacks Rank of 1 and a dividend yield of 2.9%, compared to the industry average of 0.0% [2]
Archrock(AROC) - 2024 Q4 - Earnings Call Transcript
2025-02-26 00:35
Archrock (AROC) Q4 2024 Earnings Call February 25, 2025 08:35 PM ET Company Participants Megan Repine - VP, IRBradley Childers - President & CEODoug Aron - CFODoug Irwin - Vice PresidentSelman Akyol - Managing Director - Energy & Power sectorJosh Jayne - Managing DirectorNate Pendleton - Vice President Conference Call Participants Jim Rollyson - Director & Equity Research AnalystNone - AnalystSteve Ferazani - Senior Equity Analyst - Diversified Industrials & EnergyJeremy Tonet - Equity Research Analyst, Exe ...
Archrock(AROC) - 2024 Q4 - Annual Report
2025-02-25 20:41
Table of Contents 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 OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file no. 001-33666 Archrock, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporat ...