May. 16 at 8:38 PM
$AROC just boosted their credit facility from
$1.1B to
$1.5B with potential to reach
$2.25B. While this firepower could fuel acquisitions in a fragmented market, investors should note the company's already leveraged balance sheet (12.16x net debt/EBITDA). Today's move suggests confidence in their shale play - but remember, leverage works both ways.
https://www.sec.gov/Archives/edgar/data/1389050/000155837025007953/aroc-20250516x8k.htm