Archrock Inc Stock Price, News & Analysis

Archrock, Inc. (NYSE: AROC) reported Q3 2021 results with revenue of $195.2 million, down from $205.6 million in Q3 2020. Net income also fell to $9.3 million compared to $18.3 million a year earlier. Adjusted EBITDA was $92.4 million, down from $112.6 million. The company declared a dividend of $0.145 per share, achieving a coverage of 2.2x. Despite challenges from Hurricane Ida and cost inflation, Archrock anticipates achieving 2021 Adjusted EBITDA above the midpoint of their $340-$355 million guidance range.

Archrock announced a quarterly dividend of $0.145 per share, totaling $0.58 annually, to be paid on November 16, 2021, for stockholders on record by November 9, 2021. This reflects Archrock's ongoing commitment to returning value to shareholders. The company, a leader in midstream natural gas compression services in the U.S., continues to focus on providing essential energy infrastructure. For further details, visit www.archrock.com.

Archrock, Inc. (NYSE:AROC) will conduct a conference call on November 2, 2021, at 10:00 a.m. Eastern Time to discuss its third quarter 2021 financial results. The earnings report will be released before the call. Interested parties can join the call via webcast on Archrock’s website or by phone at 1-833-989-2934 (U.S./Canada) or 1-587-505-2692 (international), using access code 1124236. A replay will be available for 90 days on the company's website. Archrock specializes in midstream natural gas compression, serving clients across the U.S.

HOUSTON, Sept. 02, 2021 - Archrock (NYSE:AROC) will engage with investors at two upcoming conferences on September 8, 2021. Brad Childers, President and CEO, will present at the Barclays CEO Energy-Power Conference at 2:35 p.m. CT, while CFO Doug Aron will present at the 10th Annual Gateway Investor Conference at 11:00 a.m. CT. Webcast links and presentation slides will be accessible on Archrock's website under the 'Investors' tab before the meetings.

Archrock specializes in midstream natural gas compression and is a top provider of these services in the U.S.

Archrock, Inc. (AROC) reported a second-quarter 2021 revenue of $195.6 million, down from $220.3 million in 2020. The company posted a net income of $8.8 million, significantly improving from a net loss of $30.4 million a year prior. Adjusted EBITDA decreased to $87.0 million from $100.5 million. Archrock declared a quarterly dividend of $0.145 per share, with coverage at 1.9x. The company tightened its 2021 Adjusted EBITDA guidance to $340 million to $355 million, indicating a positive outlook despite the revenue decline.

Archrock has declared a quarterly dividend of $0.145 per share, equating to $0.58 annually. This dividend, payable on August 16, 2021, will be distributed to stockholders of record as of August 9, 2021. Archrock specializes in midstream natural gas compression services and is a leading provider in the U.S. oil and gas sector. The company emphasizes that forward-looking statements regarding dividends are subject to risks and uncertainties, and actual results may vary. For further details, visit Archrock's website.

Archrock, a leading energy infrastructure company specializing in midstream natural gas compression, has announced a conference call to discuss its second quarter 2021 financial results on July 30, 2021, at 10:00 a.m. Eastern Time. The earnings report will precede the call, which can be accessed live via webcast on Archrock’s website or by dialing designated numbers for the US, Canada, and international callers. A replay will be available on the website for 90 days post-call.

Archrock reported its Q1 2021 financial results with revenue at $195.4 million, a decline from $249.7 million in Q1 2020. However, net income was $4.2 million, a recovery from a $61.2 million loss last year. Adjusted EBITDA reached $97.9 million, down from $112.9 million in the previous year. The company maintained a strong dividend coverage ratio of 2.8x.

Contract operations revenue decreased to $166.0 million, but gross margin remained resilient at 63%. Archrock aims for $335 million to $375 million in Adjusted EBITDA for 2021 amidst signs of economic recovery.

Archrock, Inc. (NYSE: AROC) has declared a quarterly dividend of $0.145 per share, translating to $0.58 annually. This dividend will be paid on May 17, 2021 to stockholders on record by May 10, 2021. As a leader in midstream natural gas compression services, Archrock supports customers in the oil and gas industry across the U.S. The company emphasizes its commitment to returning value to shareholders while navigating the energy infrastructure landscape.