HOUSTON, July 30, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC ) ("Archrock") today reported results for the second quarter 2024. Second Quarter 2024 and Recent Highlights Management Commentary and Outlook "Archrock's second quarter performance reflects the earnings power from our investment in high-quality assets, exceptional customer service, efficient execution and implementation of enabling technology," said Brad Childers, Archrock's President and Chief Executive Officer. "We grew our operating horsepower and our fleet remained fully utilized, with utilization exiting the quarter at a rate of 95 percent. In addition, we again achieved record-setting average revenue per horsepower and both of our segments delivered outstanding margin performance. "Market conditions for compression remain highly constructive, predominantly in oil plays with associated gas production like the Permian Basin.