Approach Resources Inc.  

(Public, NASDAQ:AREX)   Watch this stock  
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12.79
+1.05 (8.94%)
Nov 21 - Close
NASDAQ real-time data - Disclaimer
Currency in USD
Range 12.03 - 13.25
52 week 8.33 - 24.00
Open 12.06
Vol / Avg. 1.91M/1.71M
Mkt cap 464.38M
P/E 5.35
Div/yield     -
EPS 2.39
Shares 39.56M
Beta 1.84
Inst. own 105%
Nov 6, 2014
Q3 2014 Approach Resources Inc Earnings Call
Nov 5, 2014
Q3 2014 Approach Resources Inc Earnings Release
More events from DailyFinance »    

Key stats and ratios

Q3 (Sep '14) 2013
Net profit margin 32.95% 39.85%
Operating margin 33.17% 24.04%
EBITD margin - 66.49%
Return on average assets 7.12% 7.22%
Return on average equity 12.28% 10.75%
Employees 135 -
CDP Score - -

Address

ONE RIDGMAR CENTRE SUITE 800, 6500 WEST FREEWAY
FORT WORTH, TX 76116
United States - Map
+1-817-9899000 (Phone)
+1-817-9899001 (Fax)

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money

Description

Approach Resources Inc., is an independent energy company engaged in the exploration, development, production and acquisition of oil and gas properties. The Company focuses on oil and gas reserves in oil shale and tight gas sands in the Midland Basin of the greater Permian Basin in West Texas, where it leases approximately 148,000 net acres. The Company�s drilling targets include the Clearfork, Wolfcamp shale, Canyon Sands, Strawn and Ellenburger zones. It refers to the Clearfork and Wolfcamp zones together as the Wolffork, and its development project in the Permian Basin as Project Pangea, which includes the northwestern portion of Project Pangea that it refers to as Pangea West. As of December 31, 2012, it owned and operated 594 producing oil and gas wells in the Permian Basin, and had an estimated 2,983 identified drilling and recompletion locations, of which 359 were proved.

Officers and directors

J. Ross Craft Chairman of the Board, President, Chief Executive Officer
Age: 57
Bio & Compensation  - Reuters
Sergei Krylov Chief Financial Officer, Executive Vice President
Age: 36
Bio & Compensation  - Reuters
Qingming Yang Ph.D Chief Operating Officer
Age: 50
Bio & Compensation  - Reuters
Uma L. Datla Chief Accounting Officer
Age: 34
Bio & Compensation  - Reuters
J. Curtis Henderson Chief Administrative Officer, Corporate Secretary
Age: 51
Bio & Compensation  - Reuters
Vean J. Gregg III Lead Independent Director
Age: 46
Bio & Compensation  - Reuters
Bryan H. Lawrence Director
Age: 72
Bio & Compensation  - Reuters
Alan D Bell Independent Director
Age: 68
Bio & Compensation  - Reuters
James H. Brandi Independent Director
Age: 65
Bio & Compensation  - Reuters
James C. Crain Independent Director
Age: 65
Bio & Compensation  - Reuters