Reported 2 days ago
Archrock, a company specializing in oil and natural gas production services, has seen its shares increase by nearly 99% over the past year, following a successful acquisition that boosted its operational capacity. The company's recent financial results showcased a 53% increase in adjusted net income and a significant rise in gross margins, indicating strong growth potential. With institutional support driving investor demand and forecasts of further earnings growth, Archrock is positioned as a promising asset for investors.
Source: YAHOO