AROC vs GLNG: Correlation
Archrock, Inc. (AROC) and Golar LNG Limited (GLNG) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AROC and GLNG?
On 3 years of weekly data the AROC/GLNG correlation comes out at 0.47, moderate. The link has loosened recently: the 1-year correlation (0.29) runs below the 3-year figure (0.47). The 5-year figure is 0.46, and annualized covariance runs at 636.0 %².
By 3-year correlation, GLNG places #10 of the 17 assets tracked against AROC. Correlation aside, the last 12 months split them widely, with AROC ahead by 16.7 points (+34.4% versus +17.7%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AROC vs GLNG: side by side
| AROC (Archrock, Inc.) | GLNG (Golar LNG Limited) | |
|---|---|---|
| 1-year return | +34.4% | +17.7% |
| 5-year return | +420.1% | +415.5% |
| Volatility (ann.) | 36.3% | 37.5% |
| Beta vs S&P 500 | 0.87 | 0.88 |
| Max drawdown (3Y) | -30.3% | -29.4% |
| Market cap | $5.6B | $5.3B |
| P/E (trailing) | 17.0 | 35.3 |
| Dividend yield | 2.78% | 1.95% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AROC | GLNG |
|---|---|---|
| 2022 | +28.8% | +83.9% |
| 2023 | +81.0% | +4.4% |
| 2024 | +67.6% | +90.8% |
| 2025 | +8.0% | -9.7% |
| 2026 | +25.6% | +40.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AROC and GLNG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AROC and GLNG?
As of 2026-08-27, the correlation of weekly returns between AROC and GLNG is 0.47 over 3 years, 0.29 over 1 year and 0.46 over 5 years.
Is GLNG a good diversifier for AROC?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aroc-vs-glng.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aroc-vs-glng/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AROC correlations · GLNG correlations
