Archrock, Inc. Common Stock (AROC)
Frequently Asked Questions About Archrock, Inc. Common Stock (AROC)
Does Archrock engage in community initiatives?
Yes, Archrock is actively involved in community initiatives and corporate social responsibility programs. The company supports local communities through various projects, such as educational programs, environmental stewardship efforts, and initiatives that promote workforce development in the energy sector.
Has Archrock made any acquisitions?
Yes, over the years, Archrock has pursued strategic acquisitions to enhance its service offerings and expand its market presence. These acquisitions typically focus on complementary businesses that can provide additional value to customers, strengthen Archrock's operational capabilities, and increase overall revenue.
How does Archrock approach regulatory compliance?
Archrock prioritizes regulatory compliance by closely following industry regulations and environmental laws that govern its operations. The company has established protocols and training programs to ensure all employees understand and adhere to these regulations, minimizing legal and environmental risks.
How does Archrock contribute to sustainability?
Archrock is committed to sustainability by promoting the efficient use of natural gas, which is considered a cleaner energy source compared to other fossil fuels. The company invests in technologies that enhance the efficiency of its compressors, reduce emissions, and minimize environmental impact, demonstrating its dedication to serving the energy transition in a responsible manner.
How does Archrock ensure customer satisfaction?
Archrock ensures customer satisfaction by providing high-quality services and products, maintaining open communication with its clients, and being responsive to their needs. The company seeks to build long-term relationships with customers, offering tailored solutions that meet specific operational requirements and ensuring reliability and performance.
How does Archrock prioritize safety?
Safety is a core value at Archrock, and the company implements comprehensive safety programs and training for its employees. By fostering a culture of safety, Archrock seeks to minimize risks in its operations, ensuring that both its workforce and the environment are protected while providing the highest level of service to its clients.
Is Archrock, Inc. a publicly traded company?
Yes, Archrock, Inc. is a publicly traded company listed on the New York Stock Exchange under the ticker symbol AROC. Being publicly traded allows the company to raise capital through the sale of shares, providing a transparent structure for investors interested in the natural gas services industry.
What are the growth prospects for Archrock?
Archrock's growth prospects appear positive due to the increasing demand for natural gas, driven by its role as a transitional fuel in the shift towards cleaner energy sources. The company is well-positioned to capitalize on this trend, continuing to innovate and expand its services to meet the evolving needs of the energy market.
What does Archrock, Inc. do?
Archrock, Inc. is a leading provider of natural gas compression services in the United States. The company specializes in the design, manufacturing, and service of natural gas compression and engine systems, serving various sectors, including oil and gas production, processing, and transportation. With a strong focus on providing efficient and reliable equipment, Archrock plays a crucial role in maintaining the infrastructure necessary for the effective movement and processing of natural gas.
What is Archrock's approach to innovation?
Archrock's approach to innovation involves investing in research and development to create cutting-edge technologies and improve existing products and services. The company encourages a culture of innovation among its workforce, promoting ideas and solutions that can enhance operational efficiency and reduce environmental impact in the compression services sector.
What is Archrock’s mission statement?
Archrock’s mission is to provide the best in compression solutions, ensuring the safe and efficient movement of natural gas while maintaining a strong commitment to safety, reliability, and environmental stewardship. The company aims to deliver value to its customers and shareholders by leveraging its innovative technologies and experienced workforce.
What is the company’s dividend policy?
Archrock has a policy of paying dividends to its shareholders, reflecting the company’s commitment to returning value to its investors. The dividend policy is reviewed periodically, considering the company’s financial performance, cash flow, and capital requirements to ensure sustainability and growth.
What is the financial performance of Archrock, Inc.?
Archrock's financial performance is closely monitored through its quarterly earnings reports, which provide insights into its revenue, profits, and operational efficiency. The company has reported consistent revenue growth in recent years, supported by increased demand for natural gas compression services, a strong customer base, and strategic investments in its assets.
What kind of workforce does Archrock employ?
Archrock employs a diverse workforce comprising skilled professionals with expertise in engineering, mechanics, and customer service. The company places a strong emphasis on training and development, ensuring its employees are equipped with the knowledge and skills necessary to provide high-quality services and innovations to meet customer needs.
What technologies does Archrock utilize?
Archrock utilizes advanced technologies in its compression systems that are designed for durability and high performance. These technologies include data analytics to optimize equipment performance and predictive maintenance technologies, which help reduce downtime and enhance the efficiency of gas compression operations.
What types of services does Archrock provide?
Archrock offers a variety of services related to natural gas compression, including the rental and sale of compression equipment, maintenance and repair services, and aftermarket support. The company’s services are tailored to ensure optimal performance and reliability for its customers' natural gas operations.
When was Archrock, Inc. founded?
Archrock, Inc. was founded in 2002 as a public company. Originally part of the larger entity, the company emerged to focus solely on natural gas compression services, establishing itself in the market as a specialized resource for natural gas compression and support services. Over the years, Archrock has expanded its operations and capabilities to meet the growing demand for natural gas.
Where is Archrock, Inc. headquartered?
Archrock, Inc. is headquartered in Houston, Texas. This central location allows the company to efficiently serve its clients across various regions in the United States, leveraging the robust infrastructure and resources available in the state, which is a hub for the oil and gas industry.
Who are the primary customers of Archrock?
Archrock's primary customers include companies and organizations involved in the exploration, production, processing, and transportation of natural gas and oil. This encompasses a wide range of clients, from independent operators to major energy companies that require reliable compression services to maintain their operations.
What is the current price of Archrock, Inc. Common Stock?
The current price of Archrock, Inc. Common Stock is 27.11
When was Archrock, Inc. Common Stock last traded?
The last trade of Archrock, Inc. Common Stock was at 7:00 pm EDT on April 2nd, 2025
What is the market capitalization of Archrock, Inc. Common Stock?
The market capitalization of Archrock, Inc. Common Stock is 4.75B
How many shares of Archrock, Inc. Common Stock are outstanding?
Archrock, Inc. Common Stock has 175.17M shares outstanding.