Archrock Inc
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Energy : Energy Equipment & Services | Small Cap Value
Company profile

Archrock, Inc. is an energy infrastructure company with a pure-play focus on midstream natural gas compression. The Company is a provider of natural gas compression services to customers in the oil and natural gas industry throughout the United States, in terms of total compression fleet horsepower and a supplier of aftermarket services to customers that own compression equipment in the United States. The natural gas that it helps transport satisfies demand from electricity generation, heating and cooking and the industrial and manufacturing sectors. It has two segments. Its Contract Operations segment is comprised of its owned fleet of natural gas compression equipment that it uses to provide operations services to its customers. Its Aftermarket Services segment provides a full range of services to support the compression needs of its customers, which owns compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components.

Closing Price
$8.00
Day's Change
0.07 (0.88%)
Bid
--
Ask
--
B/A Size
--
Day's High
8.13
Day's Low
7.90
Volume
(Heavy Day)
Volume:
1,308,672

10-day average volume:
1,011,290
1,308,672

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors Palantir Technologies Inc. - PLTR

11:03 pm ET May 11, 2022 (PR Newswire) Print

Pomerantz LLP is investigating claims on behalf of investors of Palantir ("Palantir" or the "Company") (NASDAQ: PLTR). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

https://mma.prnewswire.com/media/1486339/Pomerantz_Logo.jpg

The investigation concerns whether Palantir and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On May 9, 2022, Palantir disclosed its financial results for the first quarter of 2022 ("Q1") and issued guidance for the second quarter of 2022 ("Q2"). For Q1, Palantir announced adjusted earnings per share of $0.02, compared to analyst estimates of $0.04 per share. For Q2, the Company said that it expected $470 million in sales, compared to estimates of $483.76 million, but cautioned that revenue could come in well below estimates.

On this news, Palantir's stock price fell $2.02 per share, or 21.31%, to close at $7.46 per share on May 9, 2022.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com

CONTACT: Robert S. WilloughbyPomerantz LLPrswilloughby@pomlaw.com

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View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-palantir-technologies-inc---pltr-301545672.html

SOURCE Pomerantz LLP

https://rt.prnewswire.com/rt.gif?NewsItemId=DC55378&Transmission_Id=202205112303PR_NEWS_USPR_____DC55378&DateId=20220511

comtex tracking

COMTEX_407069655/1005/2022-05-11T23:03:23

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