Archrock Increases Quarterly Cash Dividend
30 Gennaio 2025 - 10:03PM
Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today
announced that its Board of Directors has declared an increased
quarterly dividend of $0.19 per share of common stock, or $0.76 per
share on an annualized basis. The fourth quarter 2024 dividend will
be paid on February 19, 2025 to all stockholders of record on
February 12, 2025.
The fourth quarter 2024 dividend per share
amount represents an increase of 9 percent over the Archrock third
quarter 2024 dividend level and an increase of 15 percent over the
Archrock fourth quarter 2023 dividend level.
“We are implementing the fifth increase in
Archrock’s quarterly cash dividend since January of 2023,
reflecting our high utilization and our transformed platform, which
are delivering strong and consistent results,” said Brad Childers,
Archrock’s President and Chief Executive Officer.
“We remain committed to increasing cash returns to shareholders,
while maintaining prudent dividend coverage and leverage ratios, as
well as investing in high-return assets to support our customers
and grow our natural gas intensive compression business given the
strongly robust market we continue to experience. We look forward
to updating you on our results and providing 2025 guidance on our
earnings call in February,” concluded Childers.
About Archrock
Archrock is an energy infrastructure
company with a primary focus on midstream natural gas compression
and a commitment to helping its customers produce, compress
and transport natural gas in a safe and environmentally responsible
way. Headquartered in Houston, Texas, Archrock is a
premier provider of natural gas compression services to customers
in the energy industry throughout the U.S. and a leading
supplier of aftermarket services to customers that own compression
equipment. For more information on how the Company embodies its
purpose, WE POWER A CLEANER AMERICATM,
visit www.archrock.com.
Forward-Looking Statements
This press release contains forward-looking
statements, which include statements about Archrock’s future
financial performance and dividends. These statements are not
guarantees of future performance or actions. Forward-looking
statements rely on a number of assumptions concerning future events
and are subject to risks and uncertainties. If one or more of these
risks or uncertainties materialize, actual results may differ
materially from those contemplated by a forward-looking statement.
Forward-looking statements speak only as of the date on which they
are made. Archrock expressly disclaims any obligation to update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise. A further list and
description of risks, uncertainties and other matters can be found
in Archrock’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2023, Archrock’s Quarterly Report on Form 10-Q for the
quarters ended March 31, 2024, June 30, 2024 and September 30, 2024
and as set forth from time to time in Archrock’s filings with the
Securities and Exchange Commission. These filings are available
online at www.sec.gov and www.archrock.com.
For information, contact:
Megan RepineVice President, Investor
Relations(281) 836-8360investor.relations@archrock.com
Grafico Azioni Archrock (NYSE:AROC)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Archrock (NYSE:AROC)
Storico
Da Gen 2024 a Gen 2025