Archrock Partners Earnings Decline Again, but a Recovery Is Underway
Based on Archrock Partners' (NASDAQ: APLP) current distribution yield of 8.7%, it's safe to assume that Wall Street doesn't think much of this stock. Its last quarterly report didn't offer the market convincing enough reasons to change that sentiment, but there were sufficient positive signs in the results to think that there is value in the shares of the No. 1 U.S. provider of natural gas compression services.
Here's a rundown of the company's results, why management thinks last quarter was a bit of an aberration, and why Archrock Partners may be a stock worth following.
Image source: Getty Images.
Source: Fool.com
Archrock Inc. Stock
€19.80
-1.980%
The community is currently still undecided about Archrock Inc. with 1 Buy predictions and 0 Sell predictions.
As a result the target price of 20 € shows a slightly positive potential of 1.01% compared to the current price of 19.8 € for Archrock Inc..
