- Contract gas compression company Archrock offers well-considered operations in a vital, but easily-overlooked midstream sector: natural gas compression.
- The company’s current market capitalization is $1.4 billion and it pays a 6.2% dividend. Growth comes from the ongoing need to move produced natural gas to domestic and export markets.
- While the company showed a net loss for 2020, free cash flow was positive, offering 2.9x dividend coverage. Earnings estimates for 2021 and 2022 are also positive.
For further details see:
Archrock Advantages Hiding In Plain Sight