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: | 1-281-8368360 |
| Website: | https://www.archrock.com |
| IR: | See website |
| Key People | ||
| Douglas Bradley Childers President, Chief Executive Officer, Director | Douglas S. Aron Chief Financial Officer, Senior Vice President | Elspeth A. Inglis Chief Human Resource Officer, Senior Vice President |
| Stephanie C. Hildebrandt Senior Vice President, General Counsel, Secretary | Jason G. Ingersoll Senior Vice President of Sales and Operations Support | Eric W. Thode Senior Vice President - Operations | Donna A. Henderson Chief Accounting Officer, Vice President |
| Business Overview |
| Archrock, Inc. is an energy infrastructure company with a primary focus on midstream natural gas compression. The Company is a provider of natural gas compression services to customers in the energy industry throughout. the United States. It is a supplier of aftermarket services to customers that own compression equipment. Its segments include Contract Operations and Aftermarket Services. The Contract Operations business is comprised of its owned fleet of natural gas compression equipment that it use to provide operations services to its customers. The aftermarket services business provides a full range of services to support the compression needs of its customers that own compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components. It provides comprehensive contract operations services, such as personnel, equipment, tools, materials and supplies to meet its customer's natural gas compression needs. |
| Financial Overview |
| For the three months ended 31 March 2024, Archrock Inc revenues increased 17% to $268.5M. Net income applicable to common stockholders increased from $15.8M to $39.8M. Revenues reflect Contract Operations segment increase of 19% to $223.1M, Aftermarket Services segment increase of 8% to $45.4M. Net income benefited from Restructuring charges decrease from $1M (expense) to $0K, Other income, net decrease of 77% to $139K (expense). |
| Employees: | 1,100 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $4,719M as of Mar 31, 2024 |
| Annual revenue (TTM): | $1,029M as of Mar 31, 2024 |
| EBITDA (TTM): | $458.12M as of Mar 31, 2024 |
| Net annual income (TTM): | $127.14M as of Mar 31, 2024 |
| Free cash flow (TTM): | -$51.91M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $1,565M as of Mar 31, 2024 |
| Shares outstanding: | 156,286,457 as of Apr 24, 2024 |
| Index Membership: | S&P 600 Small Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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