Archrock, Inc. Common Stock (AROC)

Competitors to Archrock, Inc. Common Stock (AROC)

Cactus, Inc. 

Cactus, Inc. specializes in providing equipment and services for the oil and gas industry, focusing heavily on wellhead control and pressure pumping. Both Archrock and Cactus target similar markets and customers, particularly in the hydraulic fracturing and production sectors. In recent years, Cactus has positioned itself as a leader in surface wellhead equipment, offering innovative solutions that enhance operational efficiency. This innovation, combined with strong customer relationships, provides Cactus with a competitive edge in specific segments of the market.

EnLink Midstream Partners, LP

EnLink Midstream expands its operations across the midstream sector, offering services that include processing, transportation, and storage of natural gas, and thereby competes indirectly with Archrock for the market's compression needs. While Archrock focuses specifically on compression solutions, EnLink's vast network and integrated service offerings allow it to bundle compression services with other midstream activities, providing customers with a one-stop-shop solution. This makes EnLink a formidable competitor, principally due to its comprehensive service model and existing customer relationships in the midstream space.

National Oilwell Varco, Inc. 

National Oilwell Varco (NOV) provides a diverse range of equipment and components for the oil and gas industry, including drilling, completion, and production solutions that often integrate compression technology. While Archrock specializes in compression services, NOV’s robust portfolio allows it to compete on a broader front, offering integrated services with economies of scale. NOV's established reputation and expansive reach in the oilfield services market often give it an advantage over Archrock, as clients may prefer a singular provider with multifaceted solutions over specialized service providers.

Origin Energy Ltd.

Origin Energy operates in the Australian and global energy markets, focusing on both gas and renewable energy. Although it competes with Archrock's focus on gas compression in upstream and midstream markets, Origin's diverse energy portfolio gives it a leading edge in sustainability and energy transition initiatives. Companies looking to invest in future-proof infrastructure may favor Origin's broader commitment to renewable energy solutions, thus putting pressure on Archrock’s traditional business model. This strategic diversification gives Origin a competitive advantage among customers emphasizing sustainability.

RPC, Inc. 

RPC, Inc. offers a range of oilfield services, including pressure pumping and hydraulic fracturing services, that directly compete with the contract compression services provided by Archrock. While RPC’s focus is broader, including coil tubing and cementing services, Archrock's specialization in gas compression allows it to offer dedicated solutions tailored to midstream and upstream oil and gas companies. This specialization can be a significant advantage for Archrock when negotiating contracts that require custom solutions in gas handling and compression.