AROC on NYSE

Archrock, Inc.

In its 2026 annual report the company says: “We are an energy infrastructure company with a primary focus on midstream natural gas compression and a commitment to helping our customers produce, compress and transport natural gas in a safe and environmentally responsible way.”4 It is headquartered in Houston, Texas.1 Its shares trade on NYSE under the symbol AROC.1

Price unavailable

Last updated Oct 21, 2026.

Overview

Compare with Kodiak Gas Services, Inc., Kinetik Holdings Inc. or DT Midstream, Inc., or pick any stock.

  • TickerAROC on NYSE1
  • IndustryNatural Gas Transmission1
  • HeadquartersHouston, Texas1
  • Business address9807 Katy Freeway, Ste 100, Houston, Tx 770242
  • Filer categoryLarge accelerated filer2

We are an energy infrastructure company with a primary focus on midstream natural gas compression and a commitment to helping our customers produce, compress and transport natural gas in a safe and environmentally responsible way. We are a premier provider of natural gas compression services, in terms of total compression fleet horsepower, to customers in the energy industry throughout the U.S., and a leading supplier of aftermarket services to customers that own compression equipment in the U.S. Our business supports a must–run service that is essential to the production, processing, transportation and storage of natural gas.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

48.6%Gross margin5
21.6%Net margin5
28.7%Revenue growth, 20255
21.6%Return on equity5
1.62×Debt to equity5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Contract Operations brought in 85% of the revenue Archrock, Inc. broke down this way in fiscal 2025.

  1. Contract Operations$1.3B585%up 30% from 2024
  2. Aftermarket Services$217.7M515%up 23% from 2024
Business segments by year
Business segments202320242025
Contract Operations$809.4M$980.4M$1.3B
Aftermarket Services$180.9M$177.2M$217.7M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Selling, general and admin10¢$147.8M
  • Other costs62¢$918.9M
  • Income tax7¢$100.8M
  • Profit22¢$322.3M

Out of $1.5B in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid23¢$141.6M
  • Share buybacks11¢$70.2M
  • Kept or used elsewhere66¢$410.3M

Out of $622.1M of cash from operations.5

Financial statements

Revenue67895$1.5B in 2025+54% since 2019
0$500.0M$1.0B$1.5B2019: $965.5M$965.5M20192020: $875.0M$875.0M2020−9%2021: $781.5M$781.5M2021−11%2022: $845.6M$845.6M2022+8%2023: $990.3M$990.3M2023+17%2024: $1.2B$1.2B2024+17%2025: $1.5B$1.5B2025+29%
Gross profit95$723.6M in 2025+176% since 2022
0$200.0M$400.0M$600.0M$800.0M2022: $261.8M$261.8M20222023: $375.1M$375.1M2023+43%2024: $505.9M$505.9M2024+35%2025: $723.6M$723.6M2025+43%
Net income67895$322.3M in 2025+231% since 2019
-$100.0M0$100.0M$200.0M$300.0M$400.0M2019: $97.3M$97.3M20192020: -$68.4M-$68.4M20202021: $28.2M$28.2M20212022: $44.3M$44.3M2022+57%2023: $105.0M$105.0M2023+137%2024: $172.2M$172.2M2024+64%2025: $322.3M$322.3M2025+87%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Total revenue$1.5B$1.2B$990.3M
Total cost of sales, exclusive of depreciation and amortization$509.4M$458.5M$449.0M
Selling, general and administrative$147.8M$139.1M$116.6M
Depreciation and amortization$256.8M$193.2M$166.2M
Long-lived and other asset impairment$18.3M$10.7M$12.0M
Restructuring charges$1.6M$1.8M
Debt extinguishment loss$890.0K$3.2M
Interest expense$165.3M$123.6M$111.5M
Transaction-related costs$12.7M$13.2M
Gain on sale of assets, net-$47.1M-$17.9M-$10.2M
Other expense, net$439.0K$1.6M$1.1M
Income before income taxes$423.6M$232.4M$142.2M
Provision for income taxes$100.8M$60.1M$37.2M
Income before equity in net loss of unconsolidated affiliate$322.8M$172.2M$105.0M
Equity in net loss of unconsolidated affiliate$503.0K
Net income$322.3M$172.2M$105.0M
Basic earnings per common share (in dollars per share)$1.83$1.05$0.67
Diluted earnings per common share (in dollars per share)$1.83$1.05$0.67
Basic (in shares)174.4M shares162.0M shares154.1M shares
Diluted (in shares)174.8M shares162.4M shares154.3M shares

Compare Archrock, Inc. with another company

Corporate structure

Archrock, Inc. sits at the top of its group. 17 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Archrock, Inc.

  • Archrock, Inc. Houston, Texas
    • Archrock Ecotec LLC Subsidiary · Delaware, United States
    • Archrock ELT LLC Subsidiary · Delaware, United States
    • Archrock FGC LLC Subsidiary · Delaware, United States
    • Archrock General Partner, L.P. Subsidiary · Delaware, United States
    • Archrock GP LLC Subsidiary · Delaware, United States
    • Archrock Ionada LLC Subsidiary · Delaware, United States
    • Archrock MLP LP LLC Subsidiary · Delaware, United States
    • Archrock Partners Corp. Subsidiary · Delaware, United States
    • Archrock Partners Finance Corp. Subsidiary · Delaware, United States
    • Archrock Partners Operating LLC Subsidiary · Delaware, United States
    • Archrock Services Leasing LLC Subsidiary · Delaware, United States
    • Archrock Services, L.P. Subsidiary · Delaware, United States
    • Archrock Shoreline LLC Subsidiary · Delaware, United States
    • AROC Corp. Subsidiary · Delaware, United States
    • AROC Services GP LLC Subsidiary · Delaware, United States
    • AROC Services LP LLC Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Archrock, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Construction in progress$95.7M5 Dec 31, 2025$125.0M5 Dec 31, 2024−23.4%
Property and equipment, before depreciation$5.1B5 Dec 31, 2025$4.6B5 Dec 31, 2024+9.4%
Accumulated depreciation$1.4B5 Dec 31, 2025$1.3B5 Dec 31, 2024+7.9%
Property and equipment, net$3.7B5 Dec 31, 2025$3.3B5 Dec 31, 2024+10.1%
Operating-lease assets (leased space)$13.6M5 Dec 31, 2025$15.4M5 Dec 31, 2024−11.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.6M5 Dec 31, 2025$4.4M5 Dec 31, 2024−64.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$125.2M5 Dec 31, 2025$52.2M5 Dec 31, 2024+140.0%
Intangible assets, net (excluding goodwill)$143.9M5 Dec 31, 2025$98.3M5 Dec 31, 2024+46.5%
Finite-lived intangibles, gross$202.8M5 Dec 31, 2025$218.6M5 Dec 31, 2024−7.2%
Accumulated amortization$58.9M5 Dec 31, 2025$120.3M5 Dec 31, 2024−51.1%
Finite-lived intangibles, net$143.9M5 Dec 31, 2025$98.3M5 Dec 31, 2024+46.5%

Inventory

ItemLatestA year beforeChange
Inventory, total$109.7M5 Dec 31, 2025$89.7M5 Dec 31, 2024+22.4%
Work in process$12.8M5 Dec 31, 2025$13.2M5 Dec 31, 2024−2.9%

Properties, in its own words

The following table describes the material facilities, all of which are used by both of our business segments, that we owned or leased at December 31, 2025:

Location · Status · Square Feet

The rest of Item 2

Houston, Texas - Corporate office · Leased · 75,000

Greeley, Colorado · Leased · 10,000

Houma, Louisiana · Owned · 60,000

Carlsbad, New Mexico · Leased · 11,200

Yukon, Oklahoma · Owned · 85,000

West Alexander, Pennsylvania · Leased · 15,000

Asherton, Texas · Leased · 9,000

Kennedy, Texas · Leased · 10,500

Midland, Texas · Owned · 51,000

Midland, Texas · Leased · 17,000

Midland, Texas · Leased · 28,375

Pecos, Texas · Leased · 10,000

Victoria, Texas · Owned · 23,000

Victoria, Texas · Owned · 53,700

Our executive office is located at 9807 Katy Freeway, Suite 100, Houston, Texas 77024 and our telephone number is 281–836–8000.

Item 2 of the 10-K filed Feb 26, 2026.4

Leadership

Who has led Archrock, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (41)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • AROC Corp. Delaware3
  • AROC Services GP LLC Delaware3
  • AROC Services LP LLC Delaware3
  • Archrock ELT LLC Delaware3
  • Archrock Ecotec LLC Delaware3
  • Archrock FGC LLC Delaware3
  • Archrock GP LLC Delaware3
  • Archrock GP LP LLC Delaware3
  • Archrock General Partner, L.P. Delaware3
  • Archrock Ionada LLC Delaware3
  • Archrock MLP LP LLC Delaware3
  • Archrock Partners Corp. Delaware3
  • Archrock Partners Finance Corp. Delaware3
  • Archrock Partners Operating LLC Delaware3
  • Archrock Partners, L.P. Delaware3
  • Archrock Services Leasing LLC Delaware3
  • Archrock Services, L.P. Delaware3
  • Archrock Shoreline LLC Delaware3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • EXTERRAN HOLDINGS INC.May 3, 2007 to Nov 4, 20152
  • Iliad Holdings, INCMar 30, 2007 to Jun 15, 20072

Timeline

  1. Sep 28, 20268-K Executive or director change67
  2. Aug 11, 20268-K Regulation FD disclosure68
  3. Aug 5, 20268-K Results of operations69
  4. Jun 25, 20268-K Executive or director change; Regulation FD disclosure70
  5. May 11, 20268-K Regulation FD disclosure71
  6. May 6, 20268-K Results of operations72
  7. May 4, 20268-K Shareholder vote73
  8. Apr 1, 20268-K Other events74
  9. Mar 26, 20268-K Executive or director change; Regulation FD disclosure75
  10. Feb 26, 20268-K Other events76
  11. Feb 25, 20268-K Results of operations; Regulation FD disclosure77
  12. Feb 24, 20268-K Executive or director change78
  13. Dec 14, 2011New chief executive D. Bradley Childers becomes CEO14
  14. Mar 2, 2010New chief executive Ernie L. Danner becomes CEO15
  15. Aug 22, 2007New chief executive Stephen A. Snider becomes CEO16

Calendar

Coming up

  1. Oct 27, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.42 a share, on Oct 28, 2025.79

When it reported results

  1. Aug 5, 2026Reported quarterly or annual results69
  2. May 6, 2026Reported quarterly or annual results72
  3. Feb 25, 2026Reported quarterly or annual results77
  4. Oct 29, 2025Reported quarterly or annual results80
  5. Aug 5, 2025Reported quarterly or annual results81
  6. May 6, 2025Reported quarterly or annual results82
  7. Feb 25, 2025Reported quarterly or annual results83
  8. Nov 12, 2024Reported quarterly or annual results84

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

360 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 75 major events, 189 insider forms, 34 large holders, 41 other. The latest 20:

  1. Sep 28, 20268-K EDGAR
  2. Aug 11, 20268-K EDGAR
  3. Aug 5, 202610-Q EDGAR
  4. Aug 5, 20268-K EDGAR
  5. Jul 8, 20264 OWNERSHIP DOCUMENT EDGAR
  6. Jul 8, 20263 OWNERSHIP DOCUMENT EDGAR
  7. Jun 25, 20264 EDGAR
  8. Jun 25, 20268-K EDGAR
  9. May 19, 20264 EDGAR
  10. May 18, 2026144 EDGAR
  11. May 18, 20264 EDGAR
  12. May 18, 20264 EDGAR
  13. May 14, 2026144 EDGAR
  14. May 11, 20268-K EDGAR
  15. May 6, 202610-Q EDGAR
  16. May 6, 20268-K EDGAR
  17. May 4, 20268-K EDGAR
  18. Apr 29, 2026SCHEDULE 13G EDGAR
  19. Apr 28, 2026SCHEDULE 13G EDGAR
  20. Apr 1, 20268-K EDGAR

The 360 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

27 open-market trades by officers, directors and large owners since October 2021: 7 buys and 20 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 18, 2026Ingersoll JasonSENIOR VICE PRESIDENTSale33,000$38.19$1.3MForm 4
May 18, 2026Aron Doug SSR VICE PRESIDENT, CFOSale35,000$38.30$1.3MForm 4
May 14, 2026Aron Doug SSR VICE PRESIDENT, CFOSale90,000$36.74$3.3MForm 4
Mar 30, 2026Aron Doug SSR VICE PRESIDENT, CFOSale98,050$34.76$3.4MForm 4
Mar 27, 2026Aron Doug SSR VICE PRESIDENT, CFOSale71,500$35.61$2.5MForm 4
Mar 4, 2026Henderson Donna AVP, CHIEF ACCOUNTING OFFICERSale10,413$36.74$382.6KForm 4
Nov 10, 2025Thode Eric WSENIOR VICE PRESIDENTSale40,740$25.10$1.0MForm 4
Sep 22, 2025Rebrook Jason CDirectorBuy5,000$23.94$119.7KForm 4
Sep 19, 2025Rebrook Jason CDirectorBuy10,000$24.16$241.6KForm 4
Sep 18, 2025Rebrook Jason CDirectorBuy10,000$24.17$241.7KForm 4
Aug 12, 2025Thode Eric WSENIOR VICE PRESIDENTSale10,000$23.54$235.4KForm 4
May 9, 2025Ingersoll JasonSENIOR VICE PRESIDENTSale42,036$24.49$1.0MForm 4
Mar 21, 2025Henderson Donna AVP, CHIEF ACCOUNTING OFFICERSale8,318$26.36$219.3KForm 4
Aug 23, 2023Henderson Donna AVP, CHIEF ACCOUNTING OFFICERSale10,802$12.77$137.9KForm 4
Mar 6, 2023Henderson Donna AVP, CHIEF ACCOUNTING OFFICERSale13,961$11.11$155.1KForm 4
Feb 28, 2023Hildebrand Jeffery D10% ownerSale617,612$11.12$6.9MForm 4
Feb 27, 2023Hildebrand Jeffery D10% ownerSale557,737$10.83$6.0MForm 4
Aug 8, 2022MALLETT LEONARD WAYNEDirectorBuy5,000$7.51$37.5KForm 4
Jun 9, 2022Hildebrand Jeffery D10% ownerSale3,318$10.10$33.5KForm 4
Jun 8, 2022Hildebrand Enterprises, LP10% ownerSale100,000$10.15$1.0MForm 4

All 27 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025D. Bradley Childers$944.2K$9.0M93
2025Douglas S. Aron$605.4K$4.1M93
2025Stephanie C. Hildebrandt$546.5K$3.0M93
2025Eric W. Thode$466.5K$2.4M93
2025Jason G. Ingersoll$466.5K$2.4M93
2024President and Chief$913.5K$8.5M93
2024Senior VicePresident and$580.8K$3.7M93
2023Executive Officer$875.0K$8.0M93
2023Chief Financial Officer$538.5K$3.3M93
2023General Counsel and Secretary$488.5K$2.4M93
2023Sales and Operations Support$413.5K$1.8M93
2023Operations$413.5K$1.8M93

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.29,906,924$1.2B0.0%+1,803,762
Vanguard Portfolio Management LLC11,081,528$451.1M0.0%+143,681
Earnest Partners LLC9,541,483$388.4M1.4%−224,796
Vanguard Capital Management LLC7,606,885$309.7M0.0%+109,587
State Street Corp7,523,992$306.3M0.0%+288,648
Invesco Ltd.7,203,285$293.2M0.0%−811,384
Bank Of America Corp /de/6,437,484$262.1M0.0%−241,395
American Century Companies Inc6,139,818$250.0M0.1%+217,702
Geode Capital Management, LLC4,943,429$201.3M0.0%+784,423
Dimensional Fund Advisors LP4,926,740$200.6M0.0%−598,090
Sei Investments Co4,581,507$186.5M0.2%+148,152
Neuberger Berman Group LLC3,740,255$152.3M0.1%+1,340,608
Fmr LLC3,603,575$146.7M0.0%−544,764
Goldman Sachs Group Inc2,691,330$109.6M0.0%−507,381
Two Sigma Investments, LP2,682,046$109.2M0.1%+1,096,317
Congress Asset Management Co2,213,208$90.1M0.6%New
Charles Schwab Investment Management Inc2,155,289$87.7M0.0%−14,247
Morgan Stanley2,152,724$87.6M0.0%−33,841
Franklin Resources Inc2,145,616$87.3M0.0%+91,446
Bank of New York Mellon Corp2,074,737$84.5M0.0%+9,349
Northern Trust Corp2,038,133$83.0M0.0%+125,119
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.1,846,668$75.2M0.1%−66,250
Raymond James Financial Inc1,686,973$68.7M0.0%+453,722
Energy Income Partners, LLC1,437,233$58.5M0.9%+43,348
Jones Financial Companies Lllp1,368,295$57.4M0.0%+97,117

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Dec 12, 2022Christopher L. Jacobs, HouseBuy$1,001 - $15,000+160.1%Report
Jul 2, 2020Mark GreenRepublican, HouseSale$15,001 - $50,000−203.4%Report
Jun 11, 2020Mark GreenRepublican, HouseBuy$1,001 - $15,000+264.6%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Archrock, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARArchrock, Inc.1
  • CIK0001389050
  • Employer ID (EIN)74-32045094
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Industry code (SIC)4922 Natural Gas Transmission1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address9807 Katy Freeway, Ste 100, Houston, TX 770241
  • Phone281-836-80001
  • Shares outstanding175,338,185 as of Jul 29, 202611
  • Public float$4.3B as of Jun 30, 20254
  • AuditorDELOITTE & TOUCHE LLP, Houston, Texas PCAOB ID 34; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceMar 30, 20071
  • Filings1,531 in all: 4 (737), 8-K (280), SC 13G/A (88), 10-Q (57), 3 (54), 425 (42), 4/A (26), SC 13D/A (25)1
    All 40 form types

    SC 13G (24), 5 (23), 10-K (19), DEF 14A (18), 144 (13), DEFA14A (13), ARS (11), CT ORDER (10), S-8 (10), UPLOAD (10), SCHEDULE 13G/A (8), CORRESP (7), SC 13D (7), 424B5 (5), S-3ASR (5), S-4/A (5), 10-K/A (3), 8-K/A (3), EFFECT (3), FWP (3), NT 10-Q (3), S-4 (3), SCHEDULE 13G (3), SD (3), 424B3 (2), 424B7 (2), 11-K (1), 3/A (1), 8-A12B (1), 8-K12B (1), 8-K12G3 (1), CERT (1)

  • Latest filingsAnnual report (10-K) Feb 26, 2026
    Quarterly report (10-Q) Aug 5, 2026
    Proxy statement (DEF 14A) Mar 17, 2026
    Latest 8-K (8-K) Sep 28, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 par value per shareAROCNYSE
Common Stock, $0.01 par value per shareAROCNew York Stock Exchange

From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks Archrock, Inc. names in Item 1A of its 10-K filed Feb 26, 2026: 31 risks under these headings, as written.4

  • Industry and General Economic Risks
  • Macroeconomic conditions, including an increase in inflation and trade tensions, could have adverse effects on our results of operations.
  • Pandemics and other public health crises may negatively affect demand for our services, and may have a material adverse impact on our financial condition, results of operations and cash flows.
  • Ongoing International Conflicts and Tensions
  • The conflict in Ukraine, the Israel-Hamas war, other geopolitical conflicts, and related price volatility and geopolitical instability could negatively impact our business.
  • Business and Operational Risks
  • Our operations entail inherent risks that may result in substantial liability. We do not insure against all potential losses and could be seriously harmed by unexpected liabilities.
  • We face significant competitive pressures that may cause us to lose market share and negatively affect our business, results of operations, financial condition and cash flows.
  • Any acquisitions we complete, including the NGCS Acquisition, are subject to substantial risks that could reduce our ability to make distributions to our common stockholders.
  • If we do not make acquisitions on economically acceptable terms, our future growth could be limited.
  • We may not be able to achieve the expected benefits of the NGCS Acquisition. We may also encounter significant difficulties in integrating NGCS.
  • Our sustainability initiatives, including emissions reduction and our public statements and disclosures regarding the same, expose us to numerous risks.
The other 22 risks
  • There can be no assurance that we will pay dividends in the future.
  • Financial Risks
  • We have a substantial amount of debt that could limit our ability to fund future growth and operations and increase our exposure to risk during adverse economic conditions.
  • Covenants in our Debt Agreements may impair our ability to operate our business.
  • We may be unable to access the capital and credit markets or borrow on affordable terms to obtain additional capital that we may require.
  • Our inability to fund purchases of additional compression equipment could adversely impact our financial results.
  • We may be vulnerable to fluctuations in interest rates due to our variable rate debt obligations.
  • Customer and Contract Risks
  • The erosion of the financial condition of our customers could adversely affect our business, results of operations, financial condition and cash flows.
  • The loss of any of our most significant customers would result in a decline in our revenue and cash available to pay dividends to our common stockholders.
  • Many of our contract operations service agreements have short initial terms and are cancelable on short notice after the initial term, and we cannot be sure that such contracts will be extended or renewed after the end of the initial contractual term. Any such non-renewals, or renewals at reduced rates or the loss of contracts with any significant customer could adversely impact our business, results of operations, financial condition and cash flows.
  • Labor and Supply Chain Risks
  • Our ability to manage and grow our business effectively may be adversely affected if we lose management or operational personnel.
  • Information Technology and Cybersecurity Risks
  • We may not realize the intended benefits of our process and technology transformation project, which could have an adverse effect on our business, results of operations and financial condition.
  • Cyber-attacks or terrorism could affect our business, results of operations and our reputation.
  • Tax-related Risks
  • Tax legislation and administrative initiatives or challenges to our tax positions could adversely affect our results of operations and financial condition.
  • Our ability to use NOLs and interest expense limitation carryovers to offset future income may be limited.
  • Legal and Regulatory Risks
  • From time to time, we are subject to various claims, tax audits, litigation and other proceedings that could ultimately be resolved against us and require material future cash payments or charges, which could impair our financial condition, results of operations or cash flows.
  • New regulations, proposed regulations and proposed modifications to existing regulations under the CAA, if implemented, could result in increased compliance costs.
  • Both the EPA rules and the BoLM rules are subject to ongoing judicial challenges.
  • We are subject to a variety of governmental regulations; failure to comply with these regulations may result in administrative, civil and criminal enforcement measures and changes in these regulations could increase our costs or liabilities.
  • Climate change legislation, regulatory initiatives and stakeholder pressures could result in increased compliance costs, financial risks and potential reduction in demand for our services.
  • A climate–related decrease in demand for oil and natural gas could negatively affect our business.
  • Climate change may increase the frequency and severity of weather events that could result in severe personal injury, property and environmental damage, which could curtail our or our customers’ operations and otherwise materially adversely affect our cash flows.
  • Environmental, social and governance scrutiny and changing expectations from stakeholders may impose additional costs or additional risks.

Legal proceedings

In the ordinary course of business, we are involved in various pending or threatened legal actions. While we are unable to predict the ultimate outcome of these actions, we believe that any ultimate liability arising from any of these actions will not have a material adverse effect on our consolidated financial position, results of operations or cash flows, including our ability to pay dividends. However, because of the inherent uncertainty of litigation and arbitration proceedings, we cannot provide assurance that the resolution of any particular claim or proceeding to which we are a party will not have a material adverse effect on our consolidated financial position, results of operations or cash flows, including our ability to pay dividends.

See Note 16 (“Commitments and Contingencies”) for further details.

The opening of Item 3, Legal Proceedings.4

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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    SEC EDGAROther events
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