Archrock, Inc. (AROC)

NYSE: AROC · IEX Real-Time Price · USD
20.20
+0.16 (0.80%)
Apr 26, 2024, 4:00 PM EDT - Market closed
0.80%
Market Cap 3.16B
Revenue (ttm) 990.34M
Net Income (ttm) 105.00M
Shares Out 156.29M
EPS (ttm) 0.67
PE Ratio 30.15
Forward PE 19.80
Dividend $0.66 (3.27%)
Ex-Dividend Date Feb 5, 2024
Volume 990,697
Open 20.18
Previous Close 20.04
Day's Range 20.00 - 20.43
52-Week Range 8.78 - 21.40
Beta 1.59
Analysts Strong Buy
Price Target 16.80 (-16.83%)
Earnings Date Apr 30, 2024

About AROC

Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States. The company operates in two segments, Contract Operations and Aftermarket Services. It engages in the designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining of its owned fleet of natural gas compression equipment to provide natural gas compression services. The company also sells over-the-counter parts and components; and provides operations, major and routine maintenance, overhaul, and reconfigur... [Read more]

Sector Energy
IPO Date Jul 1, 1997
Employees 1,100
Stock Exchange NYSE
Ticker Symbol AROC
Full Company Profile

Financial Performance

In 2023, Archrock's revenue was $990.34 million, an increase of 17.12% compared to the previous year's $845.57 million. Earnings were $105.00 million, an increase of 137.04%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for AROC stock is "Strong Buy." The 12-month stock price forecast is $16.8, which is a decrease of -16.83% from the latest price.

Price Target
$16.8
(-16.83% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Archrock Announces Quarterly Cash Dividend and Extends Share Repurchase Authorization

HOUSTON, April 26, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today announced that its Board of Directors has declared a quarterly dividend of $0.165 per share ...

16 hours ago - GlobeNewsWire

Archrock Announces Timing for First Quarter 2024 Results

HOUSTON, April 22, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Wednesday, May 1, 2024, to discuss its first quarter 2024 financial and operating res...

4 days ago - GlobeNewsWire

Archrock Announces Credit Rating Upgrade from S&P Global Ratings

HOUSTON, March 04, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) announced that S&P Global Ratings (“S&P”) has upgraded Archrock's issuer credit rating to ‘BB-' from ‘B+' with a sta...

7 weeks ago - GlobeNewsWire

Archrock Reports Fourth Quarter and Full Year 2023 Results and Provides 2024 Guidance

HOUSTON, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the fourth quarter and full year 2023 and provided 2024 guidance.

2 months ago - GlobeNewsWire

Archrock Announces Timing for Fourth Quarter 2023 Results

HOUSTON, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Wednesday, February 21, 2024, to discuss its fourth quarter and full-year 2023 financi...

2 months ago - GlobeNewsWire

Archrock Increases Quarterly Cash Dividend

HOUSTON, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that its Board of Directors has declared an increased quarterly dividend of $0.165 per share of comm...

3 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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.

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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.

9 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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.

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire