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.
In the latest trading session, Archrock Inc. (AROC) closed at $25.65, marking a +1.91% move from the previous day.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Oil & Gas Equipment & Services Industry | Energy Sector | Mr. D. Bradley Childers J.D. CEO | XBER Exchange | US03957W1062 ISIN |
US Country | 1,300 Employees | 12 Feb 2025 Last Dividend | 21 Aug 2007 Last Split | 1 Jul 1997 IPO Date |
Archrock, Inc., a leading energy infrastructure company based in the United States, focuses on providing natural gas compression services and related infrastructure. The company operates primarily across two business segments: Contract Operations and Aftermarket Services. Initially founded in 1990 and known as Exterran Holdings, Inc., Archrock rebranded in November 2015 to better reflect its specialized services and dedication to the energy sector. With its headquarters in Houston, Texas, Archrock plays a vital role in supporting integrated and independent oil and natural gas processors, gatherers, and transporters with critical infrastructure and services essential for their operations.
Archrock, Inc. offers a wide range of products and services designed to meet the diverse needs of the natural gas industry, including:
Archrock specializes in the designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining a comprehensive fleet of natural gas compression equipment. These services ensure the efficient and reliable delivery of natural gas through pipelines, enhancing the overall productivity and profitability of its clients' operations.
The company provides an extensive array of aftermarket services, including the sale of over-the-counter parts and components essential for the maintenance and repair of compression equipment. Archrock's offerings encompass operations, major and routine maintenance, overhaul, and reconfiguration services. These services cater to customers who own compression equipment and seek expertise in maintaining and enhancing their investment's performance and longevity.