Expansion through acquisitions Archrock has been actively acquiring assets and companies in recent years, such as the acquisition of Total Operations and Production Services for $983 million. This indicates potential partnerships or opportunities for selling services to new clients gained through these acquisitions.
Increased funding and revenue With a revenue ranging from $100 million to $1 billion and funding of $700 million, Archrock has the financial capacity for significant investments. This signals potential sales opportunities for suppliers, technology providers, and service vendors looking to tap into a well-funded company.
Public offering and investor interest Following its public offering of 11 million shares, Archrock attracted investments from companies like Seven Eight Capital LP, Allspring Global Investments Holdings LLC, and B. Riley Securities, Inc. This showcases investor confidence and potential avenues for sales partnerships with these investor firms.
Technologically advanced operations Archrock utilizes a range of technologies including Google Conversion Tracking, Oracle ERP Cloud, and Microsoft Azure in its operations. This presents opportunities for technology providers to offer complementary solutions, consultancy services, or upgrades to enhance Archrock's operational efficiency.
Market positioning and competition Among its similar companies, Archrock stands out with a substantial employee base of 1001-5000 and solid revenue figures. Leveraging this market positioning, Archrock could be a prime target for sales strategies focusing on competition analysis, differentiation, and securing contracts in the oil and gas industry.