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AROC - Archrock's Acquisition Is Sensible But Not Special
Archrock Inc.
At a time when there is still uncertainty over many energy names, one company, Archrock (AROC), has decided to make a significant acquisition in order to bolster its service capabilities for the companies it performs work for. This move, the company’s acquisition of Elite Compression Services, a subsidiary of JDH Capital Company, as well as a corresponding asset sale, helps the firm to further focus its efforts on its core markets, will result in extra cash flow generation, and will help to boost shareholder value over the long run, but while these issues