An announcement from Archrock ( (AROC) ) is now available.
On March 10, 2025, Archrock entered into definitive agreements to acquire Natural Gas Compression Systems, Inc. (NGCSI) and NGCSE, Inc. in a cash and stock transaction valued at approximately $357 million. The acquisition is expected to enhance Archrock’s position as a premier provider of natural gas compression services, increasing its operational horsepower and expanding its footprint in the Permian Basin. The transaction is anticipated to be immediately accretive to Archrock’s earnings per share and cash available for dividends, with the deal expected to close in the second quarter of 2025, subject to customary closing conditions.
More about Archrock
Archrock is an energy infrastructure company primarily focused on midstream natural gas compression services, committed to helping its customers produce, compress, and transport natural gas safely and responsibly. Headquartered in Houston, Texas, Archrock is a leading provider of natural gas compression services and aftermarket services to customers in the energy industry across the U.S.
YTD Price Performance: -8.09%
Average Trading Volume: 1,365,948
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.98B
Find detailed analytics on AROC stock on TipRanks’ Stock Analysis page.