ARCHROCK, INC.

INVESTOR HANDOUT

NOVEMBER 2020

ARCHROCK, INC. (NYSE:AROC)

Forward-Looking Statements

All statements in this presentation (and oral statements made regarding the subjects of this presentation) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Archrock, Inc. Forward-looking information includes, but is not limited to statements regarding: the effects of the COVID-19 pandemic on our business, operations, customers and financial conditions; guidance or estimates related to Archrock's results of operations or of financial condition; fundamentals of Archrock's industry, including the attractiveness of returns and valuation, stability of cash flows, demand dynamics and overall outlook, and Archrock's ability to realize the benefits thereof; Archrock's expectations regarding future economic and market conditions and trends; Archrock's operational and financial strategies, including planned growth, coverage and leverage reduction strategies, Archrock's ability to successfully effect those strategies and the expected results therefrom; Archrock's financial and operational outlook; demand and growth opportunities for Archrock's services; structural and process improvement initiatives, the expected timing thereof, Archrock's ability to successfully effect those initiatives and the expected results therefrom; the operational and financial synergies provided by Archrock's size; and statements regarding Archrock's dividend policy.

While Archrock believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: changes in customer, employee or supplier relationships; local, regional and national economic and financial market conditions and the impact they may have on Archrock and its customers; changes in tax laws; conditions in the oil and gas industry, including a sustained decrease in the level of supply or demand for oil or natural gas or a sustained decrease in the price of oil or natural gas; changes in economic conditions in key operating markets; impacts of world events, including the COVID-19 pandemic; the financial condition of Archrock's customers; the failure of any customer to perform its contractual obligations; changes in safety, health, environmental and other regulations; and the effectiveness of Archrock's control environment, including the identification of control deficiencies.

These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties described in Archrock's Annual Report on Form 10-K for the year ended December 31, 2019, Archrock's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020, and September 30, 2020 and those set forth from time to time in Archrock's filings with the Securities and Exchange Commission, which are available at www.archrock.com. Except as required by law, Archrock expressly disclaims any intention or obligation to revise or update any forward-looking statements whether as a result of new information, future events or otherwise.

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ARCHROCK, INC. (NYSE:AROC)

Important Disclosures

Archrock has not provided projected net income from the Elite assets acquired in August 2019 (the "Elite assets"), the most comparable financial measure calculated in accordance with GAAP, or a reconciliation of projected Adjusted EBITDA to projected net income of the Elite assets. Archrock is unable to provide projected net income of the Elite assets or a reconciliation of the projected Adjusted EBITDA of such assets to projected net income from those assets because the calculation of projected Adjusted EBITDA presented herein occurred prior to Archrock obtaining control of the Elite assets and was based on, among other things, projected utilization and rate information combined with high-level operating expense assumptions related to such assets. As such, Archrock does not have sufficient information to project net income from the Elite assets, nor does Archrock have sufficient information regarding all of the reconciling items that may exist between projected Adjusted EBITDA and projected net income for the Elite assets. Therefore, projected net income of the Elite assets and a reconciliation of projected Adjusted EBITDA of the assets to projected net income from those assets are not available at this time without unreasonable effort.

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ARCHROCK, INC. (NYSE:AROC)

Archrock - Company Overview

Growth and returns oriented energy infrastructure company

  • Natural gas compression C-Corp based in Houston, Texas
  • Largest outsourced compression provider in U.S.(1)
  • Compression is a must-run service for gas transportation
  • Specialize in large HP servicing midstream gathering systems
  • Fee-basedcontracts with high-quality,long-term customers
  • Strong geographic diversity across all major U.S. gas & oil basins
  • NYSE: AROC
  • Market Cap: $1 billion(2)
  • Enterprise Value: $2.7 billion(2)(3)
  • Dividend: $0.145/quarter(4)
  • Yield: 9%(2)(5)
  • Shares Outstanding: 153 million(2)

Our vision is to provide superior compression services, unmatched technical expertise and an unwavering commitment to safety

  1. Based on total horsepower as of September 30, 2020. (2) Stock price as of November 3, 2020 and shares outstanding as of October 27, 2020. (3) Debt balance as of September 30, 2020. (4) Payment date is November 18, 2020. (5) Yield calculated as most recent quarterly dividend annualized and divided by the stock price.

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ARCHROCK, INC. (NYSE:AROC)

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Archrock Inc. published this content on 17 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2020 21:36:07 UTC