Archrock Inc (N:AROC)

Business Focus: Oil Related Services and Equipment

Sector:  Energy Industry:  Oil Related Services and Equipment
See Regulatory Filings on SEC
Company Contact
Address: 9807 Katy Fwy Ste 100
HOUSTON TX 77024-1276
Tel: N/A
IR: See website
Key People
Gordon T. Hall
Independent Chairman of the Board
Douglas Bradley Childers
President, Chief Executive Officer, Director
Douglas S. Aron
Chief Financial Officer, Senior Vice President
Stephanie C. Hildebrandt
Senior Vice President, General Counsel, Secretary
Jason G. Ingersoll
Senior Vice President - Marketing and Sales
Donna A. Henderson
Chief Accounting Officer, Vice President
Sean K Clawges
Vice President - Operations Support
Eric W. Thode
Vice President - Operations
Business Overview
Archrock, Inc. is a natural gas contract operations services company. The Company also provides natural gas compression services to customers in the oil and natural gas industry throughout the United States and supplies aftermarket services to customers that own compression equipment in the United States. The Company operates through two segments: contract operations and aftermarket services. The contract operations segment primarily provides natural gas compression services to meet specific customer requirements. The Company provides contract operations services, including the personnel, equipment, tools, materials and supplies to meet its customers' natural gas compression needs. The aftermarket services segment provides a range of services to support the compression needs of customers, from parts sales and normal maintenance services to full operation of a customer's owned assets.
Financial Overview
For the nine months ended 30 September 2019, Archrock Inc revenues increased 7% to $719.5M. Net income applicable to common stockholders excluding extraordinary items increased from $7.5M to $50.7M. Revenues reflect Contract operations increase of 14% to $567.1M. Net income benefited from Other income, net increase from $3.4M to $10M (income), Transaction-related costs decrease of 22% to $7.8M (expense).
Employees: 1,700 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $3,115M as of Sep 30, 2019
Annual revenue (TTM): $952.66M as of Sep 30, 2019
EBITDA (TTM): $392.15M as of Sep 30, 2019
Net annual income (TTM): $63.39M as of Sep 30, 2019
Free cash flow (TTM): -$176.17M as of Sep 30, 2019
Net Debt Last Fiscal Year: $1,822M as of Sep 30, 2019
Shares outstanding: 151,909,911 as of Oct 22, 2019
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization