CCLP - Archrock Is Grabbing The Cash Flow For A Potential Payout Leap
Archrock (NYSE:AROC) is currently the largest participant in the compression business. As such, the services to all parts of the industry are comprehensive. In fact, the company even offers some related services to the industry that are not compression based. This financially and operationally leveraged company may provide shareholders with a huge payout boost over the next three years as well as significant capital gains.
Management made a strategic decision this year to acquire the Archrock Partnership (NASDAQ:APLP). Management offered the limited partners a premium price in exchange for a distribution