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Archrock Announces Quarterly Cash Dividend

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Archrock, Inc. (NYSE: AROC) has declared a quarterly dividend of $0.145 per share, amounting to $0.58 annually. The dividend will be paid on November 15, 2022, to shareholders of record on November 8, 2022. This reflects Archrock’s ongoing commitment to return value to its investors while focusing on midstream natural gas compression. The company emphasizes its dedication to safe and environmentally responsible operations in the energy sector.

Positive
  • Quarterly dividend of $0.145 per share reflects commitment to shareholders.
  • Annualized dividend amounts to $0.58, indicating a stable return for investors.
Negative
  • None.

HOUSTON, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that its Board of Directors has declared a quarterly dividend of $0.145 per share of common stock, or $0.58 per share on an annualized basis. The dividend will be paid on November 15, 2022 to all stockholders of record on November 8, 2022.

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 the leading 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 AMERICA™, visit www.archrock.com.

Forward-Looking Statements

This press release contains forward-looking statements, which includes statements about Archrock’s 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, 2021, 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 Repine
Vice President, Investor Relations
(281) 836-8360
investor.relations@archrock.com


FAQ

What is the dividend amount declared by Archrock in October 2022?

Archrock declared a quarterly dividend of $0.145 per share.

When will Archrock's dividend be paid?

The dividend will be paid on November 15, 2022.

What is the annualized dividend for Archrock shareholders?

The annualized dividend amounts to $0.58 per share.

Who is eligible to receive the dividend from Archrock?

Shareholders of record on November 8, 2022, are eligible to receive the dividend.

Archrock Inc

NYSE:AROC

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Oil & Gas Equipment & Services
Natural Gas Transmission
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United States of America
HOUSTON