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AROC - How A Federal Drilling Permit Ban Could Impact Archrock
Archrock Inc.
A Biden presidential win could have a negative near-term effect on energy stock prices.
For some firms such as Archrock, however, the longer-term impact on cash flows would be less significant or potentially even positive.
Restrictions on drilling in federal lands are unlikely to hurt Archrock much while increased fees and restrictions on flaring could help it significantly.