Archrock Q4 2020 Earnings Report
Key Takeaways
Archrock's Q4 2020 revenue was $199.3 million, a decrease from $246.0 million in Q4 2019. Net income for the quarter was $4.8 million, significantly lower than the $46.0 million reported in the same period last year. Despite the decline in revenue and net income, the company's dividend coverage remained strong at 2.5x.
Q4 2020 revenue was $199.3 million, down from $246.0 million in Q4 2019.
Net income for Q4 2020 was $4.8 million, compared to $46.0 million in Q4 2019.
Adjusted EBITDA for Q4 2020 was $88.7 million, a decrease from $112.5 million in Q4 2019.
Dividend coverage for Q4 2020 was 2.5x.
Archrock
Archrock
Archrock Revenue by Segment
Forward Guidance
Archrock provided its annual guidance for 2021, projecting net income between $34 million and $74 million and adjusted EBITDA between $335 million and $375 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income