AROC

Archrock, Inc. has completed the acquisition of Total Operations and Production Services, LLC, adding a young fleet that deepens Archrock's compression operations in the Permian Basin and establishes its leadership position in electric motor drive compression.

Archrock, Inc. announced the pricing of a $700 million private offering of 6.625% senior notes due 2032. The proceeds will be used to fund a recent acquisition and a tender offer for existing notes.

Archrock shares are trading lower by 5.4% after the company priced an 11 million share offering at $21 per share, which is expected to raise approximately $223 million. The company plans to use the proceeds to help finance the acquisition of Total Operations and Production Services, LLC (TOPS) and f...

NXP Semiconductors reported mixed Q2 results, with revenue beating estimates but earnings missing. The company also provided Q3 guidance that fell short of expectations. Medpace, Oatly, Archrock, and Serve Robotics also saw their shares decline in pre-market trading.