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Archrock Completes $800 Million Senior Notes Private Placement

Story Highlights
  • On January 21, 2026, Archrock closed an $800 million private issue of 6% senior notes due 2034, backed by parent guarantees.
  • Proceeds will repay revolver borrowings and the notes’ restrictive covenants and call features aim to strengthen Archrock’s capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Archrock Completes $800 Million Senior Notes Private Placement

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Archrock ( (AROC) ) just unveiled an update.

On January 21, 2026, Archrock Services, L.P. and its co-issuer Archrock Partners Finance Corp. completed a private placement of $800 million in 6.000% senior notes due 2034, fully and unconditionally guaranteed on a senior unsecured basis by Archrock, Inc. and certain subsidiaries. The notes, issued to qualified institutional buyers and non-U.S. investors, carry semi-annual interest payments beginning August 1, 2026, feature a tiered call schedule and change-of-control repurchase rights, and are governed by covenants that restrict additional indebtedness, liens, asset sales, affiliate transactions and certain equity-related actions, though many of these limitations fall away if the notes achieve investment-grade ratings. Archrock said it intends to use the proceeds to repay borrowings under its revolving credit facility, a move that is expected to improve its debt profile and financial flexibility while reinforcing its position in the U.S. natural gas compression market.

The most recent analyst rating on (AROC) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on Archrock stock, see the AROC Stock Forecast page.

Spark’s Take on AROC Stock

According to Spark, TipRanks’ AI Analyst, AROC is a Outperform.

The score is driven primarily by solid financial performance (strong margins and sharply improved free cash flow) and a constructive earnings update with raised EBITDA guidance and high utilization. Technicals are supportive with price above key moving averages and a positive MACD, while valuation is reasonable with a ~3.09% dividend yield. Leverage and industry/operational risks (commodity volatility and long equipment lead times) temper the upside.

To see Spark’s full report on AROC stock, click here.

More about Archrock

Archrock, Inc., headquartered in Houston, is an energy infrastructure company focused on midstream natural gas compression, providing compression services that help customers produce, compress and transport natural gas across the U.S. The company is a premier provider of natural gas compression services and a leading supplier of aftermarket services for customer-owned compression equipment, serving the broader oil and natural gas industry through Archrock Services, its wholly owned subsidiary.

Average Trading Volume: 1,659,248

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.64B

For detailed information about AROC stock, go to TipRanks’ Stock Analysis page.

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