Archrock adds dual listing on NYSE Texas exchange

HOUSTON - Archrock, Inc. (NYSE:AROC), a $4.2 billion market cap company with a strong financial health rating according to InvestingPro, announced Tuesday it has established a dual listing of its common stock on NYSE Texas, the newly launched electronic equities exchange based in Dallas.

The natural gas compression company will maintain its primary listing on the New York Stock Exchange while adding this secondary listing on NYSE Texas, using the same AROC ticker symbol on both exchanges.

"We are pleased to join the NYSE Texas and support this pro-business initiative in the Lonestar State, which is home to our corporate headquarters and a majority of our compression operations," said Brad Childers, President and CEO of Archrock.

Chris Taylor, Chief Development Officer of NYSE Group, noted that "as a Texas-based, energy infrastructure company, Archrock is a great addition to our community of Founding Members."

Archrock has maintained a listing history with the New York Stock Exchange since 1997, including through its predecessor companies.

The Houston-headquartered firm specializes in midstream natural gas compression services and aftermarket support for compression equipment owners throughout the United States.

The announcement comes as NYSE Texas, a fully electronic equities exchange, establishes its presence in the state’s financial landscape. According to the press release statement, Archrock joins as one of the exchange’s founding members.

In other recent news, Archrock Inc. reported its second-quarter 2025 earnings, beating Wall Street forecasts with an earnings per share of $0.39, slightly above the expected $0.38. The company also exceeded revenue projections, posting $383.2 million compared to the anticipated $364.08 million. Despite these positive results, analysts have made adjustments to their outlooks. Stifel raised its price target for Archrock to $30 from $29, maintaining a Buy rating, following the company’s third-quarter financial results, which were described as within acceptable parameters. Meanwhile, Evercore ISI lowered its price target from $32 to $31, keeping an Outperform rating, citing strong demand across Archrock’s service territories. These developments highlight ongoing interest and adjustments in analyst perspectives regarding Archrock’s performance and future potential.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.