Archrock (Archrock) Momentum Rank : 6 (As of Apr. 25, 2024)

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What is Archrock Momentum Rank?

Archrock has the Momentum Rank of 6.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Archrock's Momentum Rank

For the Oil & Gas Equipment & Services subindustry, Archrock's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Archrock's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Archrock's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Archrock's Momentum Rank falls into.

Archrock Momentum Rank Related Terms

Thank you for viewing the detailed overview of Archrock's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Archrock (Archrock) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archrock Inc (NYSE:AROC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

54E:Germany 54E:Germany

Address

9807 Katy Freeway, Suite 100, Houston, TX, USA, 77024

Website

https://www.archrock.com

Archrock Inc is an energy infrastructure company with focus on midstream natural gas compression and a commitment to helping customers produce, compress and transport natural gas. It has two business segments, Contract Operations, and Aftermarket Services. Under the umbrella of contract operations services, the company provides operations to meet customers' natural gas compression needs. Services include designing, owning, installing, operating, and maintaining equipment. Aftermarket Services business provides a full range of services to support the compression needs of customers that own compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components. It generates maximum revenue from the Contract Operations segment.

Executives

Donna A Henderson	officer: VP, Chief Accounting Officer	1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Jdh Capital Holdings, L.p.	10 percent owner	1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Eric W Thode	officer: Vice President	9807 KATY FREEWAY, SUITE 100, HOUSTON TX 77024
Hildebrand Enterprises Co	10 percent owner	1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Hildebrand Enterprises, Lp	10 percent owner	1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Jdh Capital Co	10 percent owner	C/O HILCORP ENERGY COMPANY, 1111 TRAVIS, HOUSTON TX 77002
Jeffery D Hildebrand	10 percent owner	1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Melinda B Hildebrand	10 percent owner	1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Leonard Wayne Mallett	director	P.O. BOX 2521, HOUSTON TX 77252-2521
Jason C Rebrook	director	C/O JDH CAPITAL COMPANY, 1111 TRAVIS STREET, HOUSTON TX 77002
Doug S Aron	officer: Sr Vice President and CFO	10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024-3411
Gordon T Hall	director	3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032-3411
D Bradley Childers	officer: Sr Vice President	DC/O UNIVERSAL COPRESSION HOLDINGS INC, 4440 BRITTMOORE ROAD, HOUSTON TX 77041
Jason Ingersoll	officer: Vice President	16666 NORTHCHASE DRIVE, HOUSTON TX 77060
Sean K Clawges	officer: Vice President	9807 KATY FREEWAY, SUITE 100, HOUSTON TX 77024