Archrock Partners, L.P. is an Oil/Gas production pipeline MLP company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

ARCHROCK PTNRS Price and Consensus

ARCHROCK PTNRS Price and Consensus | ARCHROCK PTNRS Quote

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on APLP’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Archrock Partners could be a solid choice for investors.

Current Quarter Estimates for APLP

In the past 30 days, 1 estimate has gone higher for Archrock Partners while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates rising from earnings of 9 cents per share 30 days ago, to earnings of 10 cents today, a move of 11.1%.

Current Year Estimates for APLP

Meanwhile, Archrock Partners current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame with estimates rising from earnings of 45 cents per share 30 days ago, to earnings of 51 cents today, a move of 13.3%.

Bottom Line

The stock has also started to move higher lately, adding 8.4% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future.

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