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Overview
Archrock is a leading provider of natural gas compression services and equipment in the United States. The company was formed in 1954 and is headquartered in Houston, Texas. Archrock operates in two segments: Contract Operations and Aftermarket Services. The Contract Operations segment provides natural gas compression services to customers through long-term contracts for operation and maintenance of equipment. This includes leasing and sale of compression equipment, as well as related services such as maintenance, repair, and technical support. The Aftermarket Services segment provides a variety of spare parts and services for natural gas compression equipment, as well as other energy-related equipment. Archrock's customers include major oil and gas companies, midstream operators, and independent producers. The company has a presence in every major shale play in the U.S. and also provides services in Canada, Mexico, and Argentina. In addition to its core business of natural gas compression, Archrock also offers other energy-related services such as gas treating, gas measurement, and power generation. The company is committed to providing environmentally responsible solutions for its customers and has developed technology and processes to reduce emissions and increase efficiency. As of 2021, Archrock has a workforce of over 1,700 employees and operates a fleet of more than 3,500 compression units. The company is listed on the New York Stock Exchange under the ticker symbol AROC.
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