Archrock
AROC

$21.83

2.2%

Market Cap: 3.41B

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

Utilities Natural Gas Transmission

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 4 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]

See Fund Rankings

Research analyst outlook

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

Low target

$20

8%

downside

Avg. target

$22

2%

upside

High target

$25

15%

upside

4 analyst ratings

4 positive

100%

0 neutral

0%

0 negative

0%

Stifel Selman Akyol	15%upside $25	Buy Maintained	24 Jul 2024
Stifel Selman Akyol	5%upside $23	Buy Maintained	2 May 2024
RBC Capital Elvira Scotto	4%downside $21	Outperform Maintained	28 Mar 2024
RBC Capital Elvira Scotto	8%downside $20	Outperform Maintained	28 Feb 2024

See Analyst Rankings

Financial journalist opinion

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

Archrock Announces Quarterly Cash Dividend

HOUSTON, July 25, 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 of common stock, or $0.66 per share on an annualized basis. The second quarter 2024 dividend will be paid on August 13, 2024 to all stockholders of record on August 6, 2024.

Archrock Announces Quarterly Cash Dividend

Archrock Announces Timing for Second Quarter 2024 Results

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.

Archrock Announces Timing for Second Quarter 2024 Results

Archrock Announces Commencement of Public Offering of Common Stock

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 Announces Commencement of Public Offering of Common Stock

Archrock to Acquire Total Operations and Production Services, LLC

HOUSTON and MIDLAND, Texas, July 22, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) and Total Operations and Production Services, LLC (“TOPS”), a leading provider of contract gas compression services for the Permian Basin and portfolio company of investment funds managed by affiliates of Apollo Global Management, Inc. (“Apollo”), today announced that they have entered into a definitive agreement under which Archrock will acquire TOPS, including approximately 580,000 horsepower of predominantly young electric motor drive compression assets, in a cash-and-stock transaction valued at $983 million.

Archrock to Acquire Total Operations and Production Services, LLC

Zacks Investment Research

Why the Market Dipped But Archrock Inc. (AROC) Gained Today

In the latest trading session, Archrock Inc. (AROC) closed at $23, marking a +0.92% move from the previous day.

Why the Market Dipped But Archrock Inc. (AROC) Gained Today

Zacks Investment Research

Archrock Inc. (AROC) Outperforms Broader Market: What You Need to Know

Archrock Inc. (AROC) closed at $21.68 in the latest trading session, marking a +0.88% move from the prior day.

Archrock Inc. (AROC) Outperforms Broader Market: What You Need to Know

Archrock: A Solid Bet On A Growing Industry And Favorable Market Dynamics

Archrock stock has surged 175.4% since June 2019, outperforming the S&P 500. The company's revenue and profitability have grown significantly, with a focus on fleet utilization and higher horsepower units. Management expects continued growth in revenue and profitability, driven by underinvestment in the industry and rising natural gas demand.

Archrock: A Solid Bet On A Growing Industry And Favorable Market Dynamics

Zacks Investment Research

Is Archrock (AROC) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Archrock Inc. (AROC) and Constellation Energy Corporation (CEG) have performed compared to their sector so far this year.

Is Archrock (AROC) Stock Outpacing Its Oils-Energy Peers This Year?

Zacks Investment Research

Archrock Inc. (AROC) Surpasses Market Returns: Some Facts Worth Knowing

Archrock Inc. (AROC) closed the most recent trading day at $19.62, moving +0.31% from the previous trading session.

Archrock Inc. (AROC) Surpasses Market Returns: Some Facts Worth Knowing

Zacks Investment Research

Archrock, Inc. (AROC) is Attracting Investor Attention: Here is What You Should Know

Archrock Inc. (AROC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Archrock, Inc. (AROC) is Attracting Investor Attention: Here is What You Should Know

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