AROC 📈 Archrock - Overview

Archrock, Inc. is a leading energy infrastructure company in the United States, operating through two primary segments: Contract Operations and Aftermarket Services. The company's core business involves designing, sourcing, owning, installing, operating, and maintaining a large fleet of natural gas compression equipment, which is used to provide natural gas compression services to its customers. This equipment is crucial for the transportation and processing of natural gas, allowing it to be moved efficiently from production sites to processing facilities and ultimately to end-users. By owning and operating its own fleet of compression equipment, Archrock is able to offer a range of services, including installation, operation, and maintenance, to its customers.

The company's customer base includes integrated and independent oil and natural gas processors, gatherers, and transporters, who rely on Archrock's services to ensure the smooth operation of their natural gas infrastructure. In addition to its compression services, Archrock also sells over-the-counter parts and components, as well as provides operations, major and routine maintenance, overhaul, and reconfiguration services to customers who own their own compression equipment. This allows the company to generate revenue through a variety of channels, including equipment sales, service contracts, and parts sales. With a history dating back to 1990, Archrock has established itself as a trusted provider of energy infrastructure services, and its headquarters in Houston, Texas, positions it at the heart of the US energy industry.

As a publicly traded company, Archrock's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol AROC, and its ISIN is US03957W1062. The company is classified within the Oil & Gas Equipment & Services sub-industry, reflecting its focus on providing equipment and services to the energy sector. With a strong track record of operating in the US energy market, Archrock is well-positioned to continue providing essential services to its customers, while also navigating the evolving landscape of the energy industry. The company's website, https://www.archrock.com, provides further information on its services, operations, and history, including its rebranding from Exterran Holdings, Inc. to Archrock, Inc. in November 2015.