secwatch.observer — SEC 8-K summary
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Issuer:     Archrock, Inc. (AROC)
CIK:        0001389050
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001389050-23-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Archrock Q4 2022 revenue $218.9M, net income $10.5M; guides 2023 Adj. EBITDA $400-430M
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- Q4 2022 revenue $218.9M (+12% YoY); net income $10.5M vs $6.0M; Adj. EBITDA $89.0M vs $83.5M.
- Full-year 2022 revenue $845.6M (+8% YoY); net income $44.3M vs $28.2M; Adj. EBITDA $363.3M vs $360.8M.
- Record period-end utilization 93% (up from 84% YoY); quarterly dividend raised 3% to $0.15/share.
- 2023 guidance: Adj. EBITDA $400-430M; net income $75-105M; growth capex $180-200M.
- Leverage ratio 4.4x; long-term debt $1.5B; available liquidity $487.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389050/000138905023000010/0001389050-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389050/000138905023000010/aroc-20230221x8k.htm
  HTML page:      https://secwatch.observer/filing/0001389050-23-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer