Workflow
Archrock(AROC)
icon
Search documents
Archrock Inc. (AROC) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-09-27 23:06
The most recent trading session ended with Archrock Inc. (AROC) standing at $20.39, reflecting a +1.14% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.13%. Meanwhile, the Dow experienced a rise of 0.33%, and the technology-dominated Nasdaq saw a decrease of 0.39%.Heading into today, shares of the natural gas compression services business had gained 0.8% over the past month, outpacing the Oils-Energy sector's loss of 4.69% and lagging the S&P 500's gain of 2. ...
Archrock Inc. (AROC) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-09-20 23:06
In the latest market close, Archrock Inc. (AROC) reached $20.90, with a +0.1% movement compared to the previous day. The stock outpaced the S&P 500's daily loss of 0.19%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.36%.Coming into today, shares of the natural gas compression services business had gained 8.3% in the past month. In that same time, the Oils-Energy sector lost 1.95%, while the S&P 500 gained 2.06%.The investment community will be paying close attenti ...
Archrock Inc. (AROC) Laps the Stock Market: Here's Why
ZACKS· 2024-09-12 23:05
In the latest market close, Archrock Inc. (AROC) reached $19.15, with a +1.38% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.75%. At the same time, the Dow added 0.58%, and the tech-heavy Nasdaq gained 1%.Shares of the natural gas compression services business witnessed a gain of 0.16% over the previous month, beating the performance of the Oils-Energy sector with its loss of 4.12% and underperforming the S&P 500's gain of 4.03%.The investment communit ...
Archrock Completes Acquisition of Total Operations and Production Services, LLC
GlobeNewswire News Room· 2024-08-30 20:05
HOUSTON, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today announced that it has completed its previously announced acquisition of Total Operations and Production Services, LLC (“TOPS”). “With this accretive transaction, we are adding a young fleet that deepens Archrock’s compression operations in the Permian Basin and establishes our leadership position in electric motor drive compression,” said Brad Childers, President and Chief Executive Officer of Archrock ...
Archrock Announces Expiration of Hart-Scott-Rodino Act Waiting Period for Acquisition of Total Operations and Production Services, LLC
GlobeNewswire News Room· 2024-08-27 11:42
HOUSTON, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"), in connection with its pending acquisition of Total Operations and Production Services, LLC. The expiration of the waiting period under the HSR Act satisfies an important condition necessary for the completion of the transaction. The transaction is expected to close in the third quarter of 2024 subject to t ...
Archrock Announces Closing of $700 Million of Senior Notes Offering
GlobeNewswire News Room· 2024-08-26 20:15
HOUSTON, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced the closing of the previously announced private offering by Archrock Partners, L.P. (“Archrock Partners”), a wholly-owned subsidiary of Archrock, of $700 million aggregate principal amount of 6.625% senior notes due 2032 (the “Notes”). Archrock Partners Finance Corp. (“Finance Corp.” and, together with Archrock Partners, the “Issuers”), a wholly-owned subsidiary of Archrock Partners, is the co-issuer of the N ...
Archrock Announces Early Results and Initial Settlement Date for Tender Offer for its 6.875% Senior Notes due 2027
GlobeNewswire News Room· 2024-08-26 11:00
HOUSTON, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that it had received tenders for an aggregate principal amount of approximately $312.3 million of its outstanding 6.875% Senior Unsecured Notes due 2027 (the “Notes”) in its previously announced cash tender offer (the “offer”) to purchase up to $200 million aggregate principal amount (the “Tender Cap”) of the $500 million aggregate principal amount outstanding of the Notes, as of 5:00 p.m., New York City time ...
Archrock Announces Upsizing and Pricing of $700 Million of Senior Notes
GlobeNewswire News Room· 2024-08-12 20:45
HOUSTON, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced the pricing of an upsized private offering by Archrock Partners, L.P. (“Archrock Partners”), a wholly-owned subsidiary of Archrock, of $700 million aggregate principal amount of 6.625% senior notes due 2032 (the “Notes”). The Notes were priced at par. The offering is expected to close on August 26, 2024, subject to the satisfaction of customary closing conditions. Archrock Partners Finance Corp. (“Finance Cor ...
Archrock, Inc. Announces Tender Offer for Outstanding Notes
GlobeNewswire News Room· 2024-08-12 20:05
HOUSTON, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) announced today that its subsidiaries, Archrock Partners, L.P. and Archrock Partners Finance Corp. (together, the “Offerors”), have commenced an offer to purchase for cash up to $200,000,000 of the outstanding aggregate principal amount of the Offerors’ 6.875% Senior Unsecured Notes due 2027 (the “Notes”), upon terms and subject to the conditions set forth in the Offer to Purchase, dated August 12, 2024 (as may be amended or ...
Archrock Announces Private Offering of $500 Million of Senior Notes
GlobeNewswire News Room· 2024-08-12 12:15
HOUSTON, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that Archrock Partners, L.P. (“Archrock Partners”), a wholly-owned subsidiary of Archrock, intends, subject to market and other conditions, to offer and sell to eligible purchasers $500 million aggregate principal amount of senior notes due 2032 (the “Notes”). Archrock Partners Finance Corp., a wholly-owned subsidiary of Archrock Partners (together with Archrock Partners, the “Issuers”), will serve as co-issu ...