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Acquisition of Elite Compression – Archrock Inc.

Archrock Inc. · Jun 24, 2019 · 12 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Acquisition of Elite Compression – Archrock Inc. – slide 1
    ARCHROCK, INC. Acquisition of Elite Compression Assets JUNE 24, 2019 ARCHROCK, INC. (NYSE:AROC)
  2. Acquisition of Elite Compression – Archrock Inc. – slide 2
    Transaction Overview Acquisition Highlights Archrock to acquire Elite Compression Services, including approximately 430,000 of primarily large compression horsepower1 for total consideration of approximately 410 million…
  3. Acquisition of Elite Compression – Archrock Inc. – slide 3
    Strategic Rationale Key Transaction Benefits Predominantly large HP fleet focused on supporting midstream infrastructure Midstream Focus 90% utilization since inception driven by stable production-driven demand1 with Blue Chip 90%…
  4. Acquisition of Elite Compression – Archrock Inc. – slide 4
    Midstream Infrastructure Focus HP Characteristics Maintained focus on large horsepower units, reflecting 73% on a pro-forma basis1 High-utilization assets resulting from focus on servicing midstream gathering applications 97% of…
  5. Acquisition of Elite Compression – Archrock Inc. – slide 5
    Blue Chip Customer Portfolio Enhanced Outstanding Customer Base Acquired horsepower backed by complementary Major Archrock Customers base of blue-chip customers Hilcorp Energy and Marathon Oil currently represent 90% of Elites…
  6. Acquisition of Elite Compression – Archrock Inc. – slide 6
    Attractive Transaction Economics Economic Metrics Accretion Immediately accretive to earnings & free cash flow per share Synergies 5+ million of high-confidence annualized cost synergies1 EBITDA Multiple Adjusted EBITDA…
  7. Acquisition of Elite Compression – Archrock Inc. – slide 7
    Strong Fundamentals Drive Low-Risk Growth U.S. Compression Outlook U.S. natural gas supply is increasing, and a significant demand response is occurring Supply Demand Supply more readily available than Sustainable production…
  8. Acquisition of Elite Compression – Archrock Inc. – slide 8
    Financial Position Improved, Targets Maintained Financial Targets Immediately accretive to earnings and free cash flow per share Leverage-neutral transaction Sale of non-core assets reduces cash outlay via 30 million of…
  9. Acquisition of Elite Compression – Archrock Inc. – slide 9
    Enhanced Scale & Complementary Footprint Increased Size and Scale HP, 000s Contract Operations1 Transaction increases Archrocks 0 500 1,0 00 1,5 00 2,0 00 2,5 00 3,0 00 3,5 00 4,0 00 4,5 00 AROC 3,491 416 3,907 operating…
  10. Acquisition of Elite Compression – Archrock Inc. – slide 10
    Transaction Next Steps Path Forward Acquisition & related sale agreement reached Regulatory approval Transaction closing expected Q3 2019 12 ARCHROCK, INC. (NYSE:AROC)
  11. Acquisition of Elite Compression – Archrock Inc. – slide 11
    An Attractive Energy Infrastructure Investment We are the leader in U.S. natural gas compression Midstream / Resilience Visible, Long- Solid Financial Proactive Large HP Focus Through Cycles Term Growth Position Leadership 13…
  12. Acquisition of Elite Compression – Archrock Inc. – slide 12
    CONTACT US Investor Relations Paul Burkhart (Treasurer & VP of Investor Relations) (281) 836-8688 investor.relationsarchrock.com www.archrock.com/aroc Corporate Headquarters 9807 Katy Freeway Suite 100 Houston, TX 77024…

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