Archrock(AROC)
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Archrock Announces Timing for Second Quarter 2024 Results
GlobeNewswire News Room· 2024-07-25 04:05
HOUSTON, July 24, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Wednesday, July 31, 2024, to discuss its second quarter 2024 financial and operating results. The call will begin at 10:00 a.m. Eastern Time. Archrock will release its second quarter 2024 earnings report prior to the conference call. To listen to the call via a live webcast, please visit Archrock’s website at www.archrock.com. The call will also be available by dialing 1 (800) 715-9871 in the Un ...
Archrock Announces Commencement of Public Offering of Common Stock
GlobeNewswire News Room· 2024-07-23 04:52
HOUSTON, July 22, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) announced today that it has commenced an underwritten public offering (the “offering”) of 11,000,000 shares of its common stock (the “common stock”). Archrock will grant the underwriters an option for 30 days to purchase up to an additional 1,650,000 shares of common stock from Archrock. Archrock intends to use the net proceeds from the offering to fund the cash portion of the purchase price for the previously announced acqu ...
Archrock to Acquire Total Operations and Production Services, LLC
Newsfilter· 2024-07-23 04:47
$983 million cash and stock transaction expected to be immediately accretive to Archrock's earnings per share and cash available for dividend per shareComplements and deepens existing compression operations in the Permian Basin with addition of 580,000 horsepower of young assets, including approximately 500,000 operating horsepower and a substantial and contracted backlog of new equipmentExpands Archrock's capabilities in electric motor drive compression, in-line with emissions reduction strategyArchrock to ...
Archrock to Acquire Total Operations and Production Services, LLC
GlobeNewswire News Room· 2024-07-23 04:47
$983 million cash and stock transaction expected to be immediately accretive to Archrock’s earnings per share and cash available for dividend per shareComplements and deepens existing compression operations in the Permian Basin with addition of 580,000 horsepower of young assets, including approximately 500,000 operating horsepower and a substantial and contracted backlog of new equipmentExpands Archrock’s capabilities in electric motor drive compression, in-line with emissions reduction strategyArchrock to ...
Why the Market Dipped But Archrock Inc. (AROC) Gained Today
ZACKS· 2024-07-19 07:05
The most recent trading session ended with Archrock Inc. (AROC) standing at $23, reflecting a +0.92% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.78%. On the other hand, the Dow registered a loss of 1.29%, and the technology-centric Nasdaq decreased by 0.7%.Shares of the natural gas compression services business have appreciated by 19.38% over the course of the past month, outperforming the Oils-Energy sector's loss of 7.83% and the S ...
Archrock Inc. (AROC) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-07-13 07:06
The latest trading session saw Archrock Inc. (AROC) ending at $21.68, denoting a +0.88% adjustment from its last day's close. The stock outpaced the S&P 500's daily gain of 0.55%. Meanwhile, the Dow experienced a rise of 0.62%, and the technology-dominated Nasdaq saw an increase of 0.63%.Shares of the natural gas compression services business witnessed a gain of 14.31% over the previous month, beating the performance of the Oils-Energy sector with its loss of 11.53% and the S&P 500's gain of 4.28%.Investors ...
Archrock Inc. (AROC) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-06-26 07:05
Archrock Inc. (AROC) closed the latest trading day at $19.62, indicating a +0.31% change from the previous session's end. The stock outpaced the S&P 500's daily gain of 0.09%. Elsewhere, the Dow lost 0.1%, while the tech-heavy Nasdaq added 0.16%.The natural gas compression services business's stock has dropped by 1.16% in the past month, falling short of the Oils-Energy sector's loss of 0.69% and the S&P 500's gain of 2.83%.Investors will be eagerly watching for the performance of Archrock Inc. in its upcom ...
Archrock Inc. (AROC) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-06-19 07:05
In the latest trading session, Archrock Inc. (AROC) closed at $19.09, marking a +1.7% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.25% for the day. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.03%.The natural gas compression services business's stock has dropped by 11.96% in the past month, falling short of the Oils-Energy sector's loss of 5.99% and the S&P 500's gain of 3.34%.The investment community will be closely mon ...
Archrock Inc. (AROC) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-06-13 06:55
Archrock Inc. (AROC) closed at $19.27 in the latest trading session, marking a +0.21% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.85%. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq appreciated by 1.53%.Heading into today, shares of the natural gas compression services business had lost 3.99% over the past month, outpacing the Oils-Energy sector's loss of 4.55% and lagging the S&P 500's gain of 3.11% in that time.The investment communit ...
Here's Why Archrock Inc. (AROC) Fell More Than Broader Market
ZACKS· 2024-06-07 06:50
Archrock Inc. (AROC) closed the most recent trading day at $18.87, moving -1.46% from the previous trading session. This change lagged the S&P 500's 0.02% loss on the day. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw a decrease of 0.09%.The the stock of natural gas compression services business has fallen by 5.01% in the past month, lagging the Oils-Energy sector's loss of 2.35% and the S&P 500's gain of 4.59%.Market participants will be closely following the financ ...