ARCHROCK PARTNERS, L.P. Financial Statements (2026 and earlier)
Company Profile
| Business Address |
9807 KATY FREEWAY HOUSTON, TX 77024 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4922 - Natural Gas Transmission (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 264 | 8,078 | 217 | 472 | 295 | 182 | |||
| Cash and cash equivalent | 264 | 8,078 | 217 | 472 | 295 | 182 | |||
| Receivables | 80,606 | 67,714 | 69,974 | 85,183 | 81,774 | 52,641 | |||
| Derivative instruments and hedges, assets | 3,185 | 186 | |||||||
| Other current assets | |||||||||
| Other undisclosed current assets | 14,123 | 10,548 | |||||||
| Total current assets: | 98,178 | 75,978 | 70,191 | 85,655 | 82,069 | 63,371 | |||
| Noncurrent Assets | |||||||||
| Nontrade receivables | 1,798 | 1,800 | ✕ | ||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 1,891,386 | 1,774,076 | 1,752,224 | 1,815,783 | 1,678,146 | 1,147,018 | |||
| Long-term investments and receivables | 20,000 | ||||||||
| Due from related parties | 20,000 | ||||||||
| Intangible asset, including goodwill, after accumulated amortization | 45,839 | 60,747 | 77,721 | 87,461 | 228,729 | 143,377 | |||
| Goodwill | 127,757 | 124,019 | |||||||
| Intangible asset, excluding goodwill, after accumulated amortization | 45,839 | 60,747 | 77,721 | 87,461 | 100,972 | 19,358 | |||
| Capitalized contract cost, net | 32,220 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 17,801 | 19,401 | |||||||
| Other undisclosed noncurrent assets | 3,238 | 15,539 | 18,700 | 14,297 | |||||
| Total noncurrent assets: | 2,007,246 | 1,854,224 | 1,833,183 | 1,920,581 | 1,927,375 | 1,304,692 | |||
| TOTAL ASSETS: | 2,105,424 | 1,930,202 | 1,903,374 | 2,006,236 | 2,009,444 | 1,368,063 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 32,774 | 40,236 | 19,737 | 19,139 | 16,855 | 7,255 | |||
| Interest and dividends payable | 11,999 | 12,972 | 12,337 | 12,443 | 11,876 | ||||
| Accounts payable | 10,646 | 18,368 | |||||||
| Accrued liabilities | 10,129 | 8,896 | 7,400 | 6,696 | 4,979 | 7,255 | |||
| Deferred revenue | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Derivative instruments and hedges, liabilities | 134 | 3,226 | 4,608 | 4,958 | 3,374 | ||||
| Due to related parties | 17,251 | 4,683 | 8,012 | 5,980 | |||||
| Contract with customer, liability | ✕ | 9,577 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 5,940 | ||||||||
| Total current liabilities: | 59,602 | 45,053 | 30,975 | 29,727 | 21,813 | 16,569 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 1,529,501 | 1,361,053 | 1,342,724 | 1,421,965 | 1,300,295 | 757,955 | |||
| Long-term debt, excluding current maturities | 1,342,724 | 1,421,965 | 1,300,295 | 757,955 | |||||
| Other undisclosed long-term debt and lease obligation | 1,529,501 | 1,361,053 | |||||||
| Liabilities, other than long-term debt | 9,175 | 9,356 | 7,502 | 6,548 | 3,995 | 1,784 | |||
| Deferred tax liabilities, net | ✕ | 2,500 | 1,054 | 1,527 | 1,132 | ||||
| Other liabilities | 9,175 | 9,356 | 5,002 | 5,494 | 2,468 | 652 | |||
| Total noncurrent liabilities: | 1,538,676 | 1,370,409 | 1,350,226 | 1,428,513 | 1,304,290 | 759,739 | |||
| Total liabilities: | 1,598,278 | 1,415,462 | 1,381,201 | 1,458,240 | 1,326,103 | 776,308 | |||
| Equity | |||||||||
| Equity, attributable to parent | 7,307 | 4,476 | (4,170) | (5,558) | (3,438) | (2,353) | |||
| Accumulated other comprehensive income (loss) | 7,307 | 4,476 | (4,170) | (5,558) | (3,438) | (2,353) | |||
| Other undisclosed equity | 499,839 | 510,264 | 526,343 | 553,554 | 686,779 | 594,108 | |||
| Total equity: | 507,146 | 514,740 | 522,173 | 547,996 | 683,341 | 591,755 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,105,424 | 1,930,202 | 1,903,374 | 2,006,236 | 2,009,444 | 1,368,063 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 612,358 | 557,503 | 562,360 | 656,808 | 581,036 | 466,193 | ||
| Revenue, net | ✕ | ✕ | 557,503 | 562,360 | 656,808 | 581,036 | 466,193 | |
| Cost of revenue | (519,694) | (525,447) | (573,054) | (497,400) | (402,241) | |||
| Cost of product and service sold | ||||||||
| Gross profit: | 612,358 | 37,809 | 36,913 | 83,754 | 83,636 | 63,952 | ||
| Operating expenses | (86,475) | (34,848) | (46,258) | (166,744) | (20,604) | 1,577 | ||
| Operating income (loss): | 525,883 | 2,961 | (9,345) | (82,990) | 63,032 | 65,529 | ||
| Nonoperating income (Other Nonoperating income) | 3,521 | 4,384 | 2,594 | 1,391 | 74 | 9,481 | ||
| Interest and debt expense | (90,313) | (84,291) | (77,863) | (74,581) | (57,811) | (37,068) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 27,587 | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 439,091 | (76,946) | (84,614) | (156,180) | 5,295 | 65,529 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (381,333) | 79,907 | 75,269 | 73,190 | 57,737 | |||
| Income (loss) from continuing operations before income taxes: | 57,758 | 2,961 | (9,345) | (82,990) | 63,032 | 65,529 | ||
| Income tax expense | (475) | (3,382) | (1,412) | (1,035) | (1,313) | (1,506) | ||
| Income (loss) from continuing operations: | 57,283 | (421) | (10,757) | (84,025) | 61,719 | 64,023 | ||
| Income (loss) before gain (loss) on sale of properties: | 57,283 | (421) | (10,757) | (84,025) | 61,719 | 64,023 | ||
| Net income (loss) available to common stockholders, diluted: | 57,283 | (421) | (10,757) | (84,025) | 61,719 | 64,023 | ||
Comprehensive Income ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 57,283 | (421) | (10,757) | (84,025) | 61,719 | 64,023 | ||
| Comprehensive income (loss): | 57,283 | (421) | (10,757) | (84,025) | 61,719 | 64,023 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 2,831 | 8,646 | 1,388 | (2,120) | (1,085) | 7,741 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 60,114 | 8,225 | (9,369) | (86,145) | 60,634 | 71,764 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.