Welcome to our dedicated page for Archrock news (Ticker: AROC), a resource for investors and traders seeking the latest updates and insights on Archrock stock.
Archrock Inc (NYSE: AROC) is a leader in natural gas compression and energy infrastructure services, providing critical solutions for midstream operations across North America. This dedicated news hub offers investors and industry professionals centralized access to Archrock's latest corporate developments.
Discover official press releases covering earnings reports, operational milestones, and strategic initiatives. Stay informed about contract operations updates, aftermarket service expansions, and leadership announcements directly impacting the energy sector.
Key content categories include quarterly financial results, equipment fleet expansions, sustainability efforts, and partnerships within the natural gas value chain. Our curated collection ensures you never miss critical updates about AROC's role in enabling efficient energy transportation.
Bookmark this page for real-time access to Archrock's verified news filings and market-moving disclosures. Check back regularly to monitor how the company continues to shape natural gas infrastructure through technical expertise and operational excellence.
Archrock will host a conference call on May 3, 2023, at 10:00 a.m. Eastern Time to discuss its first quarter 2023 financial and operating results. The earnings report will be released prior to the call. Investors can access the call via live webcast on Archrock's website or by dialing 1 (888) 440-5667 for U.S. and Canada calls and 1 (646) 960-0476 for international calls, using access code 4749623. A replay of the call will be available for 90 days on the website.
Archrock specializes in midstream natural gas compression services in the energy sector, focusing on safe and environmentally responsible operations. It is a leader in providing compression services and aftermarket solutions across the U.S.
Archrock reported strong financial results for Q4 and full-year 2022, with revenue reaching $218.9 million in Q4, up from $195.2 million in Q4 2021. Full-year revenue increased to $845.6 million from $781.5 million. Net income for Q4 was $10.5 million, compared to $6.0 million in 2021, while full-year net income rose to $44.3 million from $28.2 million. The company declared a $0.15 quarterly dividend, marking a 3% increase. 2023 guidance includes adjusted EBITDA of $400,000 to $430,000 and net income of $75,000 to $105,000. Utilization reached a record 93%.
FAQ
What is the current stock price of Archrock (AROC)?
What is the market cap of Archrock (AROC)?
