Scotia Howard Weil Downgrades Archrock Inc(NYSE:AROC)

Brokerage firm Scotia Howard Weil Downgrades its rating on Archrock Inc(NYSE:AROC). Previously, the analysts had a Sector Outperform rating on the shares. The rating by Scotia Howard Weil was issued on Jun 22, 2016.

In a different note, On May 3, 2016, RBC Capital said it Downgrades its rating on Archrock Inc. The shares have been rated ‘Underperform’ by the firm. RF Lafferty said it Initiates Coverage on Archrock Inc, according to a research note issued on Apr 5, 2016. The shares have been rated ‘Buy’ by the firm. On Mar 28, 2016, Scotia Howard Weil said it Upgrades its rating on Archrock Inc.

Archrock Inc(AROC) last announced its earnings results on May 2, 2016 for Fiscal Year 2016 and Q1.Earnings per share were $-0.10.

Archrock Inc. formerly Exterran Holdings Inc. is engaged in providing natural gas contract compression services to customers in the oil and natural gas industry throughout the United States. The Company also provides aftermarket services to customers that own compression equipment in the United States. It focuses on Natural Gas Contract Compression Service and Aftermarket Parts and Service. Its Compression Services offers inventory of compressor packages ready for deployment and comprehensive fleet with the technology from an aggressive and continuous new build program among others. Its services include Compression Services Aftermarket Services and Used Equipment. Its Aftermarket Services maintains ready inventories of critical engine compression and gas compressor package parts located throughout the United States. Its used equipment include AJAX Arrow/Ariel Caterpillar/Ariel Caterpillar/GE Gemini Rotary Screw and Waukesha.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Archrock Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Archrock Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.