AROC stock icon

Archrock
AROC

$19.09
1.7%
 

About: Archrock Inc is an energy infrastructure company with focus on midstream natural gas compression and a commitment to helping customers produce, compress and transport natural gas. It has two business segments, Contract Operations, and Aftermarket Services. Under the umbrella of contract operations services, the company provides operations to meet customers' natural gas compression needs. Services include designing, owning, installing, operating, and maintaining equipment. Aftermarket Services business provides a full range of services to support the compression needs of customers that own compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components. It generates maximum revenue from the Contract Operations segment.

Employees: 1,100

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
0
News positive %
of 8 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

174% more call options, than puts

Call options by funds: $6.39M | Put options by funds: $2.33M

119% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 26

29% more capital invested

Capital invested by funds: $2.18B [Q4 2023] → $2.81B (+$629M) [Q1 2024]

13% more funds holding

Funds holding: 240 [Q4 2023] → 271 (+31) [Q1 2024]

1.13% more ownership

Funds ownership: 90.81% [Q4 2023] → 91.95% (+1.13%) [Q1 2024]

1% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 90

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$20
5%
upside
Avg. target
$21
12%
upside
High target
$23
20%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Stifel
Selman Akyol
20%upside
$23
Buy
Maintained
2 May 2024
RBC Capital
Elvira Scotto
10%upside
$21
Outperform
Maintained
28 Mar 2024
RBC Capital
Elvira Scotto
5%upside
$20
Outperform
Maintained
28 Feb 2024

Financial journalist opinion

Based on 8 articles about AROC published over the past 30 days