Archrock, Inc. Files 8-K: Material Definitive Agreement
Ticker: AROC · Form: 8-K · Filed: Aug 13, 2024 · CIK: 1389050
| Field | Detail |
|---|---|
| Company | Archrock, INC. (AROC) |
| Form Type | 8-K |
| Filed Date | Aug 13, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.01, $700,000,000, $690 million, $200 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, regulation-fd, financials
Related Tickers: AROC
TL;DR
Archrock (AROC) signed a big deal, filing an 8-K. Details to follow.
AI Summary
Archrock, Inc. announced on August 12, 2024, that it entered into a Material Definitive Agreement. The filing also includes Regulation FD Disclosure and Financial Statements and Exhibits. Archrock, Inc. is in the natural gas transmission industry.
Why It Matters
This 8-K filing indicates a significant new agreement for Archrock, Inc., which could impact its future operations and financial performance in the natural gas transmission sector.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks and opportunities that may affect the company's financial health and stock performance.
Key Players & Entities
- Archrock, Inc. (company) — Registrant
- August 12, 2024 (date) — Date of Earliest Event Reported
- 9807 Katy Freeway, Suite 100, Houston, TX 77024 (address) — Principal Executive Offices
- 281-836-8000 (phone_number) — Business Phone
FAQ
What is the nature of the Material Definitive Agreement?
The filing does not specify the details of the Material Definitive Agreement, only that one was entered into on August 12, 2024.
What is Archrock, Inc.'s primary business?
Archrock, Inc. is primarily involved in Natural Gas Transmission, as indicated by its Standard Industrial Classification code [4922].
When was this 8-K filing submitted?
The filing was submitted on August 13, 2024.
What is Archrock, Inc.'s IRS Employer Identification Number?
Archrock, Inc.'s IRS Employer Identification Number is 74-3204509.
Has Archrock, Inc. operated under different names previously?
Yes, Archrock, Inc. was formerly known as Exterran Holdings Inc. (name change on 20070619) and Iliad Holdings, INC (name change on 20070206).
Filing Stats: 1,465 words · 6 min read · ~5 pages · Grade level 11.8 · Accepted 2024-08-13 06:04:36
Key Financial Figures
- $0.01 — ch registered Common stock, par value $0.01 per share AROC New York Stock Excha
- $700,000,000 — ring (the "Offering") by the Issuers of $700,000,000 aggregate principal amount of 6.625% Se
- $690 million — ompany intends to use the approximately $690 million of net proceeds from the offering of th
- $200 million — up to an aggregate principal amount of $200 million of the Issuers' 6.875% Senior Unsecured
Filing Documents
- tm2421405d2_8k.htm (8-K) — 35KB
- tm2421405d2_ex10-1.htm (EX-10.1) — 262KB
- tm2421405d2_ex99-1.htm (EX-99.1) — 12KB
- tm2421405d2_ex99-2.htm (EX-99.2) — 9KB
- tm2421405d2_ex99-1img001.jpg (GRAPHIC) — 5KB
- tm2421405d2_ex99-2img001.jpg (GRAPHIC) — 5KB
- 0001104659-24-088577.txt ( ) — 565KB
- aroc-20240812.xsd (EX-101.SCH) — 3KB
- aroc-20240812_lab.xml (EX-101.LAB) — 33KB
- aroc-20240812_pre.xml (EX-101.PRE) — 22KB
- tm2421405d2_8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits . Exhibit Number Description 10.1 Purchase Agreement, dated as of August 12, 2024, by and among Archrock Partners, L.P., Archrock Partners Finance Corp., Archrock, Inc., the other guarantors party thereto and Wells Fargo Securities, LLC, as representative of the initial purchasers named therein. 99.1 Archrock, Inc. press release dated August 12, 2024. 99.2 Archrock, Inc. press release dated August 12, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ARCHROCK, INC. By: /s/ Stephanie C. Hildebrandt Stephanie C. Hildebrandt Senior Vice President, General Counsel and Secretary August 13, 2024