Petrofac Secures New Contracts, Reports $500 Million in Awards [Yahoo! Finance]
Archrock, Inc. (AROC)
Last archrock, inc. earnings: 2/19 07:16 pm
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Source: Yahoo! Finance
The secured projects add a total of $500 million in earnings for the company. The new projects also imply that the company's Asset Solutions division is expanding in core markets and other targeted locations such as the U.K., Europe, the Middle East, Africa, Asia and the United States. The secured contracts and scope expansion cover late-life asset management, which involves optimizing the asset life of aging oil and gas facilities. The contract also covers decommissioning services, meaning the removal of onshore and offshore oil and gas infrastructure when it reaches the end of its asset life. It includes integrated services as well. By expanding into newer geographies, Petrofac is building a diversified global presence. The new awards demonstrate a strong start to 2025 for the Asset Solutions division. Furthermore, the company mentioned that it has a strong project pipeline across various locations, lined up for the rest of the year. These contract awards, along with scope expan
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AROC
News
- Archrock: Politics Still Overshadows Results Unfortunately [Seeking Alpha]Seeking Alpha
- Archrock Publishes its 2024 Annual Sustainability Report [Yahoo! Finance]Yahoo! Finance
- Archrock Publishes its 2024 Annual Sustainability ReportGlobeNewswire
- Archrock (AROC): Assessing Valuation as Shares Show Resilience and Analyst Upside Potential [Yahoo! Finance]Yahoo! Finance
- Archrock (NYSE:AROC) had its price target raised by analysts at Evercore ISI from $31.00 to $35.00. They now have an "outperform" rating on the stock.MarketBeat
AROC
Earnings
- 10/28/25 - Beat
AROC
Sec Filings
- 12/15/25 - Form 8-K
- 11/13/25 - Form 8-K
- 11/10/25 - Form 4
- AROC's page on the SEC website