AROC News and Press, Archrock Inc. From 02/22/21

HOUSTON, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the fourth quarter and full year 2020 and provided 2021 financial guidance. Fourth Quarter and Full Year 2020 Results Revenue for the fourth quarter o...

Hydrogen is the fuel of the future. The most practical way to transport it is via existing natural gas midstream infrastructure. This would work by blending up to 15% hydrogen with natural gas, analogous to corn-ethanol being blended with gasoline. Thus, existing natural gas midst...

TETRA Technologies did not get a very good price for the CCLP shares they sold. However, it was still a win for them and a win for Spartan. Spartan Energy Solutions (Spartan + CCLP) could be a combination worth much more than the sum of its parts. For further details see: ...

HOUSTON, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Tuesday, February 23, 2021, to discuss its fourth quarter 2020 financial and operating results and 2021 guidance. The call will begin at 11:00 a.m. Eastern Time. A...

Bonds are looking very expensive and should mostly be avoided. Pockets of the market look overvalued or even bubbly, but you don't have to invest there. Other portions of the market look reasonably valued or even outright undervalued. There are other investment ideas on top of...

The extremely low debt (almost no debt) balance sheet is compelling. Custom designed products are a differentiating factor. Selling or leasing and manufacturing provides two profits which demonstrates the advantages of vertical integration. Rental revenue is up for the current...

Financial leverage is being reduced as planned. The dividend is very well covered. The dividend should be maintained even when oil and natural gas cyclically declines. This company retains more cash for reinvestment in the business than the typical midstream company and that p...

HOUSTON, Dec. 17, 2020 (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 $300 million a...

Archrock (AROC) upsizes private offering by $50M to $300M of 6.25% senior notes due 2028, priced at 104.875% of their face value.Archrock Partners intends to use the net proceeds to partially repay outstanding borrowings under its revolving credit facility and for general partnership pur...

HOUSTON, Dec. 14, 2020 (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 $300 million aggregate princ...