Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:TKO Group Holdings, Inc. (TKO) : This company which is primarily engaged in the production and distribution of unique and creative content via myriad channels, including the premium over-the-top network monetized through license arrangements or through direct-to-consumer subscriptions, content rights agreements, premium live event programming and the sale of consumer products featuring brands, has seen the Zacks Consensus Estimate for i ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 27th:United States Cellular (USM) : This company which is the fourth largest full-service wireless carrier in the United States, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.United States Cellular’s shares gained 3% over the last three month compared with the S&P 500’s loss of 0.7%. The company pos ...

Group 1: Klabin (KLBAY) - Klabin is the largest producer, exporter, and recycler of paper in Brazil [1] - The Zacks Consensus Estimate for Klabin's next year earnings has increased by 1.4% over the last 60 days [1] - Klabin has a Zacks Rank of 1 (Strong Buy) and a dividend yield of 3.3%, which is higher than the industry average of 2.6% [1] Group 2: Archrock (AROC) - Archrock provides natural gas contract compression services and aftermarket services for compression equipment [2] - The Zacks Consensus Estimate for Archrock's next year earnings has increased nearly 1.3% over the last 60 days [2] - Archrock has a Zacks Rank of 1 and a dividend yield of 2.9%, compared to the industry average of 0.0% [2]

Archrock (AROC) Q4 2024 Earnings Call February 25, 2025 08:35 PM ET Company Participants Megan Repine - VP, IRBradley Childers - President & CEODoug Aron - CFODoug Irwin - Vice PresidentSelman Akyol - Managing Director - Energy & Power sectorJosh Jayne - Managing DirectorNate Pendleton - Vice President Conference Call Participants Jim Rollyson - Director & Equity Research AnalystNone - AnalystSteve Ferazani - Senior Equity Analyst - Diversified Industrials & EnergyJeremy Tonet - Equity Research Analyst, Exe ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K (MARK ONE) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file no. 001-33666 Archrock, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporat ...

Financial Performance - Archrock reported a fourth quarter 2024 net income of $59.8 million, a 81% increase from $33.0 million in Q4 2023, with an EPS of $0.34 compared to $0.21[7]. - For the full year 2024, net income reached $172.2 million, up from $105.0 million in 2023, with adjusted EBITDA increasing to $595.4 million from $450.4 million[11]. - The fourth quarter 2024 revenue was $326.4 million, a 26% increase from $259.6 million in Q4 2023, while full year revenue grew to $1,157.6 million from $990.3 million[8]. - Net income for Q4 2024 was $59,758,000, up from $37,516,000 in Q3 2024, and $33,002,000 in Q4 2023, representing a significant year-over-year increase[22]. - Adjusted EBITDA for the year ended December 31, 2024, reached $595,434,000, compared to $450,387,000 for the previous year, indicating a growth of approximately 32.3%[22]. - Adjusted EBITDA for Q4 2024 was $183.8 million, representing 56% of total revenue, compared to 52% in Q3 2024 and 46% in Q4 2023[41]. - Adjusted net income for Q4 2024 reached $61,533,000, up from $47,313,000 in Q3 2024 and $33,002,000 in Q4 2023[47]. Revenue and Margins - Archrock's contract operations segment revenue for Q4 2024 was $286.5 million, a 34% increase from $213.0 million in Q4 2023, with an adjusted gross margin percentage of 70%[13]. - Contract operations revenue for Q4 2024 was $286,466,000, an increase of 16.7% from $245,420,000 in Q3 2024 and up from $213,022,000 in Q4 2023[22]. - Adjusted gross margin percentage for contract operations improved to 70% in Q4 2024, compared to 67% in Q3 2024 and 64% in Q4 2023[22]. - The adjusted gross margin percentage for total revenue improved to 64% in Q4 2024 from 61% in Q3 2024 and 57% in Q4 2023[41]. Dividends and Cash Flow - The company declared a quarterly dividend of $0.19 per share for Q4 2024, representing a 15% increase year-over-year, with a dividend coverage ratio of 3.5x[16]. - Cash available for dividend in Q4 2024 was $118,089,000, up from $92,887,000 in Q3 2024 and $71,484,000 in Q4 2023, reflecting a strong increase in cash generation[22]. - The company reported a dividend coverage ratio of 3.5x for Q4 2024, up from 3.0x in Q3 2024 and 2.8x in Q4 2023, indicating strong cash flow relative to dividends[22]. - Total dividends paid to stockholders in 2024 amounted to $110.37 million, up from $95.80 million in 2023[59]. - Cash available for dividend guidance for 2025 is projected to be between $456 million and $471 million[65]. Guidance and Future Outlook - For 2025, Archrock provided guidance for net income between $253 million and $293 million, and adjusted EBITDA between $750 million and $790 million[17]. - The company anticipates contract operations revenue for 2025 to be between $1.2 billion and $1.235 billion, with adjusted gross margin percentage expected to be between 68% and 71%[17]. - Archrock's investment in high-quality assets and innovative technology is expected to drive continued growth and shareholder returns in 2025[4]. - The company is focused on capital expenditures for growth, estimating $330 million to $370 million for growth capital expenditures in 2025[17]. - Maintenance capital expenditures for 2025 are estimated to be between $105 million and $115 million[65]. Debt and Leverage - Archrock's leverage ratio improved to 3.3x as of December 31, 2024, down from 3.5x a year earlier, with long-term debt at $2.2 billion[15]. - Long-term debt as of December 31, 2024, was $2.2 billion, a decrease from $2.2 billion in Q3 2024 and an increase from $1.6 billion in Q4 2023[44]. Operational Metrics - Total available horsepower at the end of Q4 2024 was 4,401, compared to 4,418 at the end of Q3 2024 and 3,759 at the end of Q4 2023[22]. - Capital expenditures for Q4 2024 totaled $98.0 million, significantly higher than $70.0 million in Q3 2024 and $36.7 million in Q4 2023[41]. - The company incurred transaction-related costs of $2,247,000 in Q4 2024, down from $9,220,000 in Q3 2024[51]. - Interest expense for Q4 2024 was $38,238,000, compared to $30,179,000 in Q3 2024 and $27,938,000 in Q4 2023[55]. - The company reported a gross margin of $151,170,000 for Q4 2024, which is 46% of total revenues, compared to 44% in Q3 2024[53]. Conference Call - The company plans to host a conference call on February 25, 2025, to discuss the financial results for Q4 and the full year 2024[25].

Archrock Inc. (AROC) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.90%. A quarter ago, it was expected that this natural gas compression services business would post earnings of $0.28 per share when it actually produced earnings of $0.28, delivering no surprise.Over the last four ...

Core Insights - Archrock reported a strong performance in Q4 2024, concluding a record-setting year with significant increases in utilization and profitability [3][4] - The company achieved a 500 basis point increase in contract operations adjusted gross margin, over 60% growth in net income, and more than 30% growth in adjusted EBITDA year-over-year [3][4] - Archrock returned $124 million to shareholders through dividends and share buybacks while maintaining a leverage ratio of 3.3x [3][6] Financial Performance - Q4 2024 net income was $59.8 million, up from $33.0 million in Q4 2023, with an EPS increase from $0.21 to $0.34 [7][9] - Total revenue for Q4 2024 was $326.4 million, compared to $259.6 million in Q4 2023, while full-year revenue reached $1,157.6 million, up from $990.3 million in 2023 [9][11] - Adjusted EBITDA for Q4 2024 was $183.8 million, compared to $120.3 million in Q4 2023, and for the full year, it was $595.4 million, up from $450.4 million in 2023 [9][12] Segment Performance - Contract operations segment revenue for Q4 2024 was $286.5 million, a 34% increase from $213.0 million in Q4 2023, with an adjusted gross margin of $200.2 million, up 46% [13] - Aftermarket services segment revenue for Q4 2024 was $40.0 million, down from $46.6 million in Q4 2023, attributed to seasonal delays [14] - The adjusted gross margin percentage for contract operations improved to 70% in Q4 2024 from 64% in Q4 2023 [13] Balance Sheet and Capital Allocation - As of December 31, 2024, Archrock's long-term debt stood at $2.2 billion, with available liquidity of $688 million and a leverage ratio of 3.3x, down from 3.5x a year earlier [15] - The company declared a quarterly dividend of $0.19 per share for Q4 2024, reflecting a 15% increase year-over-year, with a dividend coverage ratio of 3.5x [16] - Archrock plans to invest in profitable growth, with guidance for 2025 indicating net income between $253 million and $293 million and adjusted EBITDA between $750 million and $790 million [17][18] Market Outlook - Archrock anticipates continued strong demand driven by rising energy needs, particularly for natural gas to support LNG exports and power generation [5][6] - The company has a large contracted backlog for 2025 and is already booking units for 2026 delivery, indicating sustained customer demand [5][6] - Management emphasizes the importance of high-quality assets and innovative technology in driving value for customers and shareholders [4][6]

Core Insights - Archrock, Inc. will host a conference call on February 25, 2025, to discuss its Q4 and full-year 2024 financial results and provide guidance for 2025 [1] - The earnings report for Q4 2024 will be released prior to the conference call [1] Company Overview - Archrock is an energy infrastructure company focused on midstream natural gas compression, committed to safe and environmentally responsible practices [3] - The company is headquartered in Houston, Texas, and is a leading provider of natural gas compression services in the U.S. [3] - Archrock also offers aftermarket services for customers owning compression equipment [3]