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Archrock Partners, L.P.

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2019 10-K, filed Feb 21, 2020. Its latest SEC filing is a 15-12B from Apr 2, 2020.

The sections below describe the company as of the FY2019 annual report.

What Did They Do?

Provides natural gas compression services to customers in the oil and natural gas industry across the U.S.

How Did They Make Money?

Customers are billed monthly at the beginning of the service month for natural gas compression services, which are provided over the service period.

revenue

Who Were Their Customers?

Oil and natural gas companies use its compression services at their sites. The company works with customers’ field personnel to tailor equipment and service to local operating needs.

Customers above 10% of revenue, FY2019
of revenue from two customers (10%, 7%)
FY2017: 26% from two customers

Did Revenues Turn Into Profits?

Yes. It kept 9 cents of every revenue dollar as net income in .

Net income,
9% of revenue
▲ +6% vs ($57.3M, 9%)

How Were They Changing?

Held flat. Revenue was $706.3M in , about the same as the $656.8M of .

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