Archrock, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 05:07 pm EDT
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Archrock, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 195.615 million compared to USD 220.316 million a year ago. Net income was USD 8.752 million compared to net loss of USD 30.381 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to basic loss per share from continuing operations of USD 0.2 a year ago.
Archrock, Inc. is an energy infrastructure company with a primary focus on midstream natural gas compression. The Company is a provider of natural gas compression services to customers in the energy industry throughout. the United States. It is a supplier of aftermarket services to customers that own compression equipment. Its segments include Contract Operations and Aftermarket Services. The Contract Operations business is comprised of its owned fleet of natural gas compression equipment that it use to provide operations services to its customers. The aftermarket services business provides a full range of services to support the compression needs of its customers that own compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components. It provides comprehensive contract operations services, such as personnel, equipment, tools, materials and supplies to meet its customerâs natural gas compression needs.
ARCHROCK, INC. 
