Archrock Partners' Long-Awaited Turnaround Started in the Second Quarter
This most recent quarter may have been the turning point that investors in Archrock Partners (NASDAQ: APLP) have been waiting for. Last quarter, there was a high rate of order activity and higher contract prices for gas compression horsepower. These factors increased the partnership's revenue and cash flow for the first time in over a year. It wasn't a monumental change, but every recovery starts with the end of the decline, right?
Let's take a look at Archrock Partners' most recent quarterly results and look at why management thinks investors should be excited for 2018.
Image source: Getty Images.
Source: Fool.com
