Archrock, Inc. (NYSE:AROC) Q2 2023 Earnings Conference Call August 1, 2023 12:00 PM ET
Company Participants
Megan Repine - Manager, IR, Noble Midstream Partners LP
Bradley Childers - President, CEO & Director
Douglas Aron - SVP & CFO
Conference Call Participants
James Rollyson - Raymond James & Associates
Selman Akyol - Stifel, Nicolaus & Company
Stephen Ferazani - Sidoti & Company
Operator
Good morning. Welcome to the Archrock Second Quarter 2023 Conference Call. Your host for today's call is Megan Repine, Vice President of Investor Relations at Archrock. I will now turn the call over to Ms. Repine. You may begin.
Megan Repine
Thank you, . Hello, everyone, and thanks for joining us on today's call. With me today are Brad Childers, President and Chief Executive Officer of Archrock; and Doug Aron, Chief Financial Officer of Archrock. Yesterday, Archrock released its financial and operating results for the second quarter of 2023 as well as updated guidance for the full year 2023. If you've not received a copy, you can find the information on the company's website at www.archrock.com.
During this call, we will make forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934 based on our current beliefs and expectations as well as assumptions made by and information currently available to Archrock's management team.
Although management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Please refer to our latest filings with the SEC for a list of factors that may cause actual results to differ materially from those in the forward-looking statements made during this call.
In addition, our discussion today will reference certain non-GAAP financial measures, including adjusted EBITDA, gross margin, gross margin percentage, free cash flow, free cash flow after dividend and cash available for dividend. For reconciliations of these non-GAAP financial measures to our GAAP financial results, please see yesterday's press release and our Form 8-K furnished to the SEC.
I'll now turn the call over to Brad to discuss Archrock's second quarter results and to provide an update of our business.
Bradley Childers
Thank you, Megan. Good morning, everyone, and thank you for joining our call. Exceptional execution drove Archrock's outstanding second quarter performance. In our results, we see the long-term and hard-fought forward benefits of our transformed platform combined with an operating in a compression market that remains undersupplied.