Archrock Expands its Compression Capacity With $357M NGCS Acquisition
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Archrock, Inc. (AROC) has announced the acquisition of NGCS for $357 million. This acquisition will increase Archrock's compression capacity, expand its presence in the Permian Basin, and enhance its low-carbon solutions.
March 12, 2025 | 10:45 am
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Archrock, Inc. has acquired NGCS for $357 million, which will increase its compression capacity and expand its operations in the Permian Basin. This move is also aimed at enhancing its low-carbon solutions.
The acquisition of NGCS by Archrock is a significant strategic move that will likely enhance its operational capabilities and market presence. The expansion in the Permian Basin and focus on low-carbon solutions are positive indicators for future growth, likely leading to a positive short-term impact on AROC's stock price.
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