Gold prices steady with focus on Ukraine-Russia, Jackson Hole
HOUSTON—Donna A. Henderson, Vice President and Chief Accounting Officer at Archrock, Inc. (NYSE:AROC), recently sold 8,318 shares of the company’s common stock. The transaction, which took place on March 21, 2025, was executed at an average price of $26.36 per share, resulting in a total sale value of approximately $219,262. The sale comes as Archrock’s stock has shown remarkable strength, delivering a 41% return over the past year. According to InvestingPro data, analysts maintain a bullish outlook with price targets ranging from $29 to $34.
Following this sale, Henderson retains direct ownership of 36,024 shares in the company. Archrock, Inc., headquartered in Houston, is a key player in the natural gas transmission industry, with a market capitalization of $4.8 billion. The company has maintained dividend payments for 12 consecutive years, demonstrating strong financial stability. For deeper insights into insider trading patterns and comprehensive analysis, check out the detailed Pro Research Report available on InvestingPro.
In other recent news, Archrock Inc. has reported its fourth-quarter 2024 earnings, revealing an adjusted earnings per share (EPS) of $0.35, exceeding the consensus forecast of $0.3005. Revenue slightly missed expectations, coming in at $326.42 million against a forecast of $326.77 million. The company also announced the acquisition of Natural Gas Compression Systems (NGCS) for $357 million, a transaction expected to be immediately accretive to Archrock’s earnings per share and cash available for dividend per share by the end of 2025. This acquisition will increase Archrock’s total operating horsepower to over 4.5 million, with NGCS contributing approximately 351,000 horsepower, including a 35,000 horsepower backlog of contracted new equipment.
Citi has raised its 2025 EBITDA estimate for Archrock to $790 million, reflecting a positive outlook following the company’s recent announcements and financial performance. Additionally, Citi and RBC Capital Markets have both increased their price targets for Archrock to $33, citing strong financial guidance and growth prospects. Stifel analysts have maintained a Buy rating on Archrock, with a steady price target of $27, following the company’s robust fourth-quarter earnings report. Archrock’s cash available for dividend reached $118.1 million, surpassing both the previous quarter’s and Stifel’s estimates. These developments underscore a positive sentiment among analysts and investors regarding Archrock’s strategic direction and financial health.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.