Archrock, Inc. (AROC)
| Market Cap | 2.40B |
| Revenue (ttm) | 949.62M |
| Net Income (ttm) | 82.45M |
| Shares Out | 156.06M |
| EPS (ttm) | 0.53 |
| PE Ratio | 29.06 |
| Forward PE | 16.65 |
| Dividend | $0.62 (4.03%) |
| Ex-Dividend Date | Nov 6, 2023 |
| Volume | 871,497 |
| Open | 15.58 |
| Previous Close | 15.49 |
| Day's Range | 15.34 - 15.58 |
| 52-Week Range | 8.61 - 16.04 |
| Beta | 1.69 |
| Analysts | Strong Buy |
| Price Target | 15.75 (+2.27%) |
| Earnings Date | Feb 20, 2024 |
About AROC
Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States. It operates in two segments, Contract Operations and Aftermarket Services. The company engages in the designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining its owned fleet of natural gas compression equipment to provide natural gas compression services to customers in the oil and natural gas industry. It also offers various aftermarket services, such as sale of parts and components; and provision... [Read more]
Financial Performance
In 2022, Archrock's revenue was $845.57 million, an increase of 8.20% compared to the previous year's $781.46 million. Earnings were $44.30 million, an increase of 56.98%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for AROC stock is "Strong Buy." The 12-month stock price forecast is $15.75, which is an increase of 2.27% from the latest price.
News
Archrock Named to Newsweek's America's Most Responsible Companies 2024 List
HOUSTON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) today announced it has been recognized by Newsweek as one of America's Most Responsible Companies 2024. This prestigi...
Archrock to Partner with Ionada on Carbon Capture
HOUSTON, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) today announced that it will serve as the lead investor in a Series A financing round for Ionada PLC (“Ionada”), a gl...
Archrock Reports Third Quarter 2023 Results
HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the third quarter of 2023.
Archrock Announces Quarterly Cash Dividend
HOUSTON, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that its Board of Directors has declared a quarterly dividend of $0.155 per share of common stock, o...
Archrock Announces Timing for Third Quarter 2023 Results
HOUSTON, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Thursday, November 2, 2023, to discuss its third quarter 2023 financial and operating ...
Archrock Reports Second Quarter 2023 Results, Increases 2023 Guidance and Updates Capital Allocation
HOUSTON, July 31, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the second quarter of 2023.
Archrock Increases Quarterly Cash Dividend
HOUSTON, July 27, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that its Board of Directors has declared an increased quarterly dividend of $0.155 per share of comm...
Archrock Announces Timing for Second Quarter 2023 Results
HOUSTON, July 19, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Tuesday, August 1, 2023, to discuss its second quarter 2023 financial and operating re...
Archrock Reports First Quarter 2023 Results
HOUSTON, May 02, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the first quarter of 2023.
Archrock Announces $50 Million Share Repurchase Authorization and Quarterly Cash Dividend
HOUSTON, April 28, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today announced that its Board of Directors has authorized a new $50 million share repurchase prog...
Archrock Announces Timing for First Quarter 2023 Results
HOUSTON, April 25, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Wednesday, May 3, 2023, to discuss its first quarter 2023 financial and operating res...
Archrock Publishes its 2022 Annual Sustainability Report
HOUSTON, March 07, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock” or the “Company”) today announced the publication of its 2022 Sustainability Report, detailing progress and continued...
Archrock Reports Fourth Quarter and Full Year 2022 Results and Provides 2023 Guidance
HOUSTON, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the fourth quarter and full year 2022 and provided 2023 financial guidance.
Archrock Announces Timing for Fourth Quarter 2022 Results
HOUSTON, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Wednesday, February 22, 2023, to discuss its fourth quarter 2022 financial and operati...
Archrock Reports Third Quarter 2022 Results
HOUSTON, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the third quarter of 2022.
Archrock and EnerVest Announce Successful Field Pilot of Methane Capture Technology
HOUSTON, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) and EnerVest, Ltd. (“EnerVest”) announced today the successful completion of a field pilot of Archrock's patent-pendi...
Archrock Announces Timing for Third Quarter 2022 Results
HOUSTON, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Thursday, November 3, 2022, to discuss its third quarter 2022 financial and operating ...
Archrock Publishes its 2021 Annual Sustainability Report
HOUSTON, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock” or the “Company”) today announced the publication of its 2021 Sustainability Report, detailing progress on and commitm...
Archrock Reports Second Quarter 2022 Results
HOUSTON, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the second quarter of 2022.
Archrock Announces Timing for Second Quarter 2022 Results
HOUSTON, July 18, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Wednesday, August 3, 2022, to discuss its second quarter 2022 financial and operating ...
Archrock Reports First Quarter 2022 Results
HOUSTON, May 09, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the first quarter of 2022.
Archrock Announces Timing for First Quarter 2022 Results
HOUSTON, May 02, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Tuesday, May 10, 2022, to discuss its first quarter 2022 financial and operating result...
ECOTEC to Partner with Archrock on Methane Emissions Management
COLTON, Calif.--(BUSINESS WIRE)--Ecotec International Holdings, LLC (“ECOTEC”) today announced a strategic minority equity investment by Archrock, Inc. (“Archrock”), Archrock is an energy infrastructu...
Archrock to Partner with ECOTEC on Methane Emissions Management
HOUSTON, April 25, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) today announced that it has agreed to acquire for cash a minority equity stake in Ecotec International Holdings, LLC...
Archrock Reports Fourth Quarter and Full Year 2021 Results and Provides 2022 Guidance
HOUSTON, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the fourth quarter and full year 2021 and provided 2022 financial guidance.