Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
21 August 2007Website:
http://www.archrock.comNext earnings report:
N/ALast dividends:
06 August 2024Next dividends:
06 November 2024Price
pre-market | 33 min agoAnalysts recommendations
Institutional Ownership
AROC Latest News
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?
The latest trading day saw Archrock Inc. (AROC) settling at $20.48, representing a +0.54% change from its previous close.
HOUSTON, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today announced that its Board of Directors has declared an increased quarterly dividend of $0.175 per share of common stock, or $0.70 per share on an annualized basis. The third quarter 2024 dividend will be paid on November 13, 2024 to all stockholders of record on November 6, 2024.
Strict capital discipline by upstream energy companies is acting as a dampener, making the outlook for the Zacks Oil and Gas- Field Services industry gloomy. BKR, AROC and SND are expected to survive the industry challenges.
Archrock Inc. (AROC) concluded the recent trading session at $20.41, signifying a -1.26% move from its prior day's close.
Archrock Inc. (AROC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Here is how Archrock Inc. (AROC) and Plains GP Holdings (PAGP) have performed compared to their sector so far this year.
CRS and AROC are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
Archrock Inc. (AROC) closed at $21.01 in the latest trading session, marking a -1.45% move from the prior day.
With the explosion of AI technology and the tremendous energy it demands, business leaders have been frantically searching for new ways to power this technological super-trend. Just for context, if the rate of adoption for AI continues at its current pace, data center energy demand will grow from 3-4% of total power demand to 11-12% by 2030, according to McKinsey.
What type of business is Archrock?
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 reconfiguration services to customers who own compression equipment. It serves integrated and independent oil and natural gas processors, gatherers, and transporters. The company was formerly known as Exterran Holdings, Inc. and changed its name to Archrock, Inc. in November 2015. Archrock, Inc. was founded in 1990 and is headquartered in Houston, Texas.
What sector is Archrock in?
Archrock is in the Energy sector
What industry is Archrock in?
Archrock is in the Oil & Gas Equipment & Services industry
What country is Archrock from?
Archrock is headquartered in United States
When did Archrock go public?
Archrock initial public offering (IPO) was on 21 August 2007
What is Archrock website?
https://www.archrock.com
Is Archrock in the S&P 500?
No, Archrock is not included in the S&P 500 index
Is Archrock in the NASDAQ 100?
No, Archrock is not included in the NASDAQ 100 index
Is Archrock in the Dow Jones?
No, Archrock is not included in the Dow Jones index
When was Archrock the previous earnings report?
No data
When does Archrock earnings report?
Next earnings report date is not announced yet