Archrock, Inc. (NYSE:AROC) Q4 2022 Earnings Conference Call February 22, 2023 12:00 PM ET

Company Participants

Megan Repine - Vice President of Investor Relations

Brad Childers - President & Chief Executive Officer

Doug Aron - Senior Vice President & Chief Financial Officer

Conference Call Participants

T.J. Schultz - RBC Capital Markets

Jim Rollyson - Raymond James

Selman Akyol - Stifel

Operator

Good morning, and welcome to the Archrock Fourth Quarter 2022 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, Regina. 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 fourth quarter and full year 2022 as well as annual guidance for 2023. If you have not had a chance to receive 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 fourth quarter and full year results and to provide an update of our business.

Brad Childers

Thank you, Megan, and good morning, everyone. I'm happy to be with you today to discuss our strong fourth quarter and 2022 results and our extremely promising outlook for 2023 and beyond. We closed out 2022 with solid operating momentum and financial performance. I'm proud of what our team achieved from a financial, operational and most significantly strategic perspective.