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NASDAQ:AREX

Approach Resources (AREX) Stock Price, News & Analysis

Approach Resources logo

About Approach Resources Stock (NASDAQ:AREX)

Key Stats

Today's Range
N/A
50-Day Range
$0.01
$0.02
52-Week Range
N/A
Volume
164,462 shs
Average Volume
694,788 shs
Market Capitalization
$749,000.00
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Approach Resources, Inc., an independent energy company, focuses on the acquisition, exploration, development, and production of unconventional oil and gas reserves. The company's properties are primarily located in the Permian Basin in west Texas. It also owns interests in east Texas Basin. As of December 31, 2018, its estimated proved reserves were 180.1 million barrels of oil equivalent located in Crockett and Schleicher counties, Texas. The company also owned and operated 813 producing oil and gas wells in the Permian Basin. Approach Resources, Inc. was incorporated in 2002 and is headquartered in Fort Worth, Texas.

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AREX Stock News Headlines

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AREX Stock Analysis - Frequently Asked Questions

Approach Resources Inc. (NASDAQ:AREX) announced its quarterly earnings results on Thursday, August, 8th. The energy company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.10) by $0.04. The energy company earned $14.72 million during the quarter, compared to analyst estimates of $20.61 million. Approach Resources had a negative net margin of 38.00% and a negative trailing twelve-month return on equity of 5.64%.

Based on aggregate information from My MarketBeat watchlists, some other companies that Approach Resources investors own include Reata Pharmaceuticals (RETA), Precision Drilling (PDS), First Financial Bankshares (FFIN), Synlogic (SYBX), Basic Energy Services (BAS), Precision Drilling (PD) and Archrock (AROC).

Company Calendar

Last Earnings
8/08/2019
Today
11/21/2024

Industry, Sector and Symbol

Industry
Crude Petroleum & Natural Gas
Sub-Industry
Oil & Gas Exploration & Production
Current Symbol
NASDAQ:AREX
CUSIP
03834A10
Fax
N/A
Employees
99
Year Founded
N/A

Profitability

Net Income
$-19,910,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$114.04 million
Book Value
$6.24 per share

Miscellaneous

Free Float
N/A
Market Cap
$749,000.00
Optionable
Optionable
Beta
3.17
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This page (NASDAQ:AREX) was last updated on 11/21/2024 by MarketBeat.com Staff
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