Archrock, Inc.

Archrock, Inc. announced it has entered into a definitive merger agreement to acquire HiVolt Energy Holdings, LLC for up to $450 million in an all-cash transaction. The acquisition, which includes a $415 million upfront payment and $35 million in earnout incentives, is expected to be immediately accretive to Archrock's earnings per share and cash available for dividend per share. The deal is anticipated to close in the first quarter of 2027, subject to regulatory approvals and other customary conditions. HiVolt will operate as a distinct business segment within Archrock, led by its current CEO.

Archrock, Inc. has filed a Form 8-K to disclose the publication of an investor presentation on November 4, 2026. The presentation is accessible on the company's website in the 'Investor Relations' section. Archrock also stated that they may not file or furnish a Current Report on Form 8-K for future updates to this investor presentation, indicating that such updates will be disseminated through the same website address.

Archrock, Inc. reported a 5.2% increase in net income to $66.7 million for the second quarter of 2026, with basic earnings per share rising to $0.38. Year-to-date, total revenue grew to $745.0 million, and net income reached $140.5 million, resulting in basic EPS of $0.79. The company also significantly managed its debt, including the redemption of $800.0 million in 2028 Notes and the issuance of $800.0 million in 2034 Notes during the six-month period.

Archrock reported mixed results for the second quarter of 2026, with net income increasing to $66.7 million (+5.2% YoY) and EPS rising to $0.38 (+5.6% YoY), despite a 3.1% decrease in revenue to $371.2 million. Adjusted EBITDA remained largely flat at $212.6 million. The company declared a quarterly dividend of $0.23 per share, a 10% increase year-over-year, and reduced its leverage ratio to 2.6x. Archrock also signed a significant long-term agreement for 665,000 horsepower and tightened its full-year 2026 Adjusted EBITDA guidance to a range of $865-$885 million.

Archrock, Inc. announced that its Board of Directors has declared an increased quarterly dividend of $0.23 per share of common stock, totaling $0.92 per share on an annualized basis. This dividend, payable on August 11, 2026, to shareholders of record on August 4, 2026, represents a 5% increase from the first quarter 2026 dividend and a 10% increase from the second quarter 2025 dividend. This marks the fifth dividend increase in the past two years, reflecting the company's confidence in natural gas compression demand and long-term growth, supported by a strong balance sheet and growing cash flow.

Archrock, Inc. announced it will host a conference call on Wednesday, August 5, 2026, at 8:30 a.m. Eastern Time, to discuss its second quarter 2026 financial and operating results. The company plans to release its second quarter 2026 earnings report before the call. Investors can access the call via live webcast on Archrock's website or by dialing in.

Archrock, Inc. announced the appointment of Mohit Singh as its new Senior Vice President and Chief Financial Officer, effective July 6, 2026. Mr. Singh brings over 25 years of experience, including previous CFO roles at Chesapeake Energy Corporation and Expand Energy Corporation. He will receive an annual base salary of $650,000, along with significant incentive and equity awards, including a $1.5 million sign-on restricted stock award. This appointment follows the previously announced retirement of current CFO Douglas S. Aron, who will resign on June 30, 2026.

Archrock, Inc. announced the appointment of Mohit Singh as its new Senior Vice President and Chief Financial Officer, effective July 6, 2026. Mr. Singh brings over 25 years of experience in the energy sector, investment banking, and corporate finance, having previously served as CFO for Chesapeake Energy and Expand Energy Corporation. He will succeed Douglas S. Aron, who is retiring. The company's CEO, Brad Childers, expressed enthusiasm for Singh's expertise and strategic perspective.

Archrock, Inc. announced on May 11, 2026, that it has published an investor presentation on its company website, accessible through the "Investor Relations" section. The company stated its intention to use this same website address for future updates to the investor presentation and indicated that it may not file or furnish additional Current Reports on Form 8-K to alert investors about such updates. This disclosure was made in accordance with Regulation FD.

Archrock, Inc. reported a 7.7% increase in total revenue to $373.8 million for the first quarter of 2026, driven by a 10.2% rise in contract operations revenue. Net income grew by 4.2% to $73.8 million, with diluted earnings per share at $0.41. The company also issued $800 million in 2034 senior notes and repaid $1.19 billion in long-term debt during the quarter, while increasing its quarterly dividend to $0.220 per share.