Archrock Announces Private Offering of $500 Million of Senior Notes

Rhea-AI Summary

Archrock (NYSE: AROC) announced on January 6, 2026 that Archrock Services, L.P. intends to offer $500 million aggregate principal amount of senior notes due 2034, with Archrock Partners Finance Corp. as co-issuer.

Archrock said it intends to use net proceeds to repay a portion of outstanding borrowingsRule 144A and to non-U.S. persons under Regulation S, and have not been registered under the Securities Act.

Positive

• $500 million senior notes offering announced
• Proceeds earmarked to repay revolver borrowings

Negative

• Notes not registered under the Securities Act; limited to qualified institutional buyers
• Long-dated maturity through 2034 creates multi-year debt obligation

Key Figures

Senior notes offering $500 million Aggregate principal amount of new senior notes

Notes maturity 2034 Year when the new senior notes are due

Market Reality Check

$25.86 Last Close

Volume Volume 1,523,356 vs 20-day average 1,678,018 (relative volume 0.91x) shows no unusual trading ahead of this announcement. normal

Technical Price $26.41 is trading above the 200-day MA at $24.60 and about 13.24% below the 52-week high of $30.44.

Peers on Argus

AROC was down 0.83% while peers showed mixed moves: WFRD up 3.14%, LB down 4.54%, NOV down 0.17%, USAC up 0.08%, VAL down 3.84%. This points to stock-specific factors rather than a unified sector move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 20	Sustainability report	Positive	+1.2%	Published 2024 sustainability report with emissions and safety improvements.
Oct 28	Earnings and guidance	Positive	-2.8%	Reported strong Q3 2025 results and raised adjusted EBITDA guidance.
Oct 23	Dividend declaration	Positive	-0.0%	Announced quarterly dividend of $0.21 per share, ~20% above prior year.
Oct 09	Note redemption	Positive	-3.2%	Planned redemption of $300M 6.875% senior notes due 2027 at par plus interest.
Oct 08	Earnings timing	Neutral	+6.2%	Announced date and details for upcoming Q3 2025 earnings call and webcast.

Pattern Detected

Recent positive corporate actions (earnings beat, sustainability, note redemption, dividend) often saw muted or negative next-day moves, indicating occasional divergence between upbeat news and short-term price reaction.

Recent Company History

Over the last few months, Archrock reported strong Q3 2025 results with revenue of $382.4 million, net income of $71.2 million and EPS of $0.40, alongside raised full-year adjusted EBITDA guidance to $835–$850 million and a quarterly dividend of $0.21 per share. It also announced redemption of $300 million 6.875% senior notes due 2027 and published a 2024 Sustainability Report highlighting a 7% Scope 1 and 2 emissions intensity reduction. Today’s new senior notes offering fits into this pattern of active balance-sheet and capital-returns management.

Regulatory & Risk Context

Active S-3 Shelf Registration 2025-09-08

Archrock has an effective Form S-3ASR shelf registration dated September 8, 2025 allowing issuance of common stock, preferred stock and various debt securities from time to time as a well-known seasoned issuer. Specific use of proceeds is to be defined in future prospectus supplements.

Market Pulse Summary

This announcement details Archrock’s plan to issue $500 million of senior notes due 2034 in a private offering, with proceeds earmarked to repay part of its revolving credit facility. It follows recent steps to amend and lower costs on that facility and redeem older notes. Investors may focus on how the new notes affect overall leverage, interest expense, and flexibility under the existing effective shelf registration when evaluating future capital allocation and growth plans.

Key Terms

senior notes financial

"offer and sell to eligible purchasers $500 million aggregate principal amount of senior notes due 2034"

Senior notes are a type of loan that a company borrows from investors, promising to pay it back with interest. They are called "senior" because in case the company faces financial trouble, these lenders are paid back before others. This makes senior notes safer for investors compared to other types of loans or bonds.

revolving credit facility financial

"use the net proceeds from the offering of the Notes to repay a portion of the outstanding borrowings under Archrock’s revolving credit facility"

A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.

rule 144a regulatory

"offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act"

Rule 144A is a regulation that makes it easier for companies to sell private bonds to large investors without going through all the usual rules that apply to public sales. It matters because it helps companies raise money more quickly and privately, often attracting big investors looking for special deals.

regulation s regulatory

"and non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act"

Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.

AI-generated analysis. Not financial advice.

01/06/2026 - 07:41 AM

HOUSTON, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that Archrock Services, L.P. (“Archrock Services”), a wholly-owned subsidiary of Archrock, intends, subject to market and other conditions, to offer and sell to eligible purchasers $500 million aggregate principal amount of senior notes due 2034 (the “Notes”). Archrock Partners Finance Corp., a wholly-owned subsidiary of Archrock Partners, L.P., will serve as co-issuer of the Notes.

Archrock intends to use the net proceeds from the offering of the Notes to repay a portion of the outstanding borrowings under Archrock’s revolving credit facility.

The Notes have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and the rules promulgated thereunder and applicable state securities laws. The Notes will be offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act and non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Archrock

Archrock is an energy infrastructure company with a primary focus on midstream natural gas compression and a commitment to helping its customers produce, compress and transport natural gas in a safe and environmentally responsible way. Headquartered in Houston, Texas, Archrock is a premier provider of natural gas compression services to customers in the energy industry throughout the U.S. and a leading supplier of aftermarket services to customers that own compression equipment. For more information on how Archrock embodies its purpose, WE POWER A CLEANER AMERICA, please visit www.archrock.com.

About Archrock Services

Archrock Services is a leading provider of natural gas compression services to customers in the oil and natural gas industry throughout the United States. Archrock owns all of the limited and general partnership interests in Archrock Services.

Forward-Looking Statements

All statements in this release (and oral statements made regarding the subjects of this release) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside Archrock or Archrock Services’ control. Forward-looking information includes, but is not limited to: statements regarding Archrock Services’ proposed offering, the completion of such offering, the intended use of net proceeds from the proposed offering, and the impact of market conditions on such offering.

While Archrock and Archrock Services believe that the assumptions concerning future events are reasonable, they caution that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. Among the factors that could cause results to differ materially from those indicated by such forward-looking statements are: local, regional and national economic conditions and the impact they may have on Archrock Services’ and its customers; conditions in the oil and gas industry, including the level of production of, demand for or price of oil or natural gas; changes in safety, health, environmental and other regulations; the financial condition of Archrock Services’ customers; the failure of any customer to perform its contractual obligations; and the performance of Archrock.

These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties described in Archrock’s Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025, June 30, 2025, and September 30, 2025, and those reports set forth from time to time in Archrock’s filings with the Securities and Exchange Commission, which are available at www.archrock.com. Except as required by law, Archrock and Archrock Services expressly disclaim any intention or obligation to revise or update any forward-looking statements whether as a result of new information, future events or otherwise.

SOURCE: Archrock, Inc.

For information, contact:

Megan Repine
VP of Investor Relations
281-836-8360
investor.relations@archrock.com

FAQ

What did Archrock (AROC) announce on January 6, 2026 about senior notes?

Archrock announced an intended offering of $500 million aggregate principal amount of senior notes due 2034.

How does Archrock (AROC) plan to use proceeds from the $500M notes offering?

Archrock intends to use net proceeds to repay a portion of outstanding borrowings under its revolving credit facility.

Who may buy the Archrock (AROC) senior notes due 2034?

The Notes will be offered only to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S.

Are Archrock's (AROC) new senior notes registered under the Securities Act?

No; the Notes have not been registered under the Securities Act and are offered in reliance on exemptions.

Who is co-issuer of the Archrock (AROC) 2034 senior notes?

Archrock Partners Finance Corp., a subsidiary of Archrock Partners, L.P., will serve as co-issuer.