Approach Resources (AREX) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: N/A
• 50-Day Range: $0.01 to $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

AREX Stock Analysis - Frequently Asked Questions

How were Approach Resources' earnings last quarter?

Approach Resources Inc. (NASDAQ:AREX) issued its quarterly earnings data on Thursday, August, 8th. The energy company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by $0.04. The energy company had revenue of $14.72 million for the quarter, compared to analysts' expectations of $20.61 million. Approach Resources had a negative trailing twelve-month return on equity of 5.64% and a negative net margin of 38.00%.

What other stocks do shareholders of Approach Resources own?

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

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Crude Petroleum & Natural Gas
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NASDAQ:AREX
• CUSIP: 03834A10
• CIK: 1405073
• Web: www.approachresources.com
• Phone: 817-989-9000
• Fax: N/A
• Employees: 99
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-19,910,000.00
• Net Margins: -38.00%
• Pretax Margin: N/A
• Return on Equity: -5.64%
• Return on Assets: -2.99%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 0.05
• Quick Ratio: 0.05

Sales & Book Value

• Annual Sales: $114.04 million
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 0.23
• Book Value: $6.24 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 93,664,000
• Free Float: N/A
• Market Cap: $749,000.00
• Optionable: Optionable
• Beta: 3.17