Approach Resources Inc.  

(Public, NASDAQ:AREX)   Watch this stock  
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19.51
+0.36 (1.88%)
Apr 17 - Close
NASDAQ real-time data - Disclaimer
Currency in USD
Range 19.15 - 19.74
52 week 18.25 - 31.67
Open 19.20
Vol / Avg. 1.34M/1.02M
Mkt cap 768.66M
P/E 10.55
Div/yield     -
EPS 1.85
Shares 39.40M
Beta 1.94
Inst. own 104%
May 9, 2014
Q1 2014 Approach Resources Inc. Earnings Conference Call - 11:00AM EDT - Add to calendar
May 8, 2014
Q1 2014 Approach Resources Inc. Earnings Release - 4:00PM EDT - Add to calendar
Mar 24, 2014
Approach Resources Inc. at Howard Weil Energy Conference
Mar 6, 2014
Approach Resources Inc. at Wells Fargo Securities Exploration & Production 1x1 Forum
Feb 25, 2014
Q4 2013 Approach Resources Inc. Earnings Conference Call
Feb 24, 2014
Q4 2013 Approach Resources Inc. Earnings Release
More events from DailyFinance »    

Key stats and ratios

Q4 (Dec '13) 2013
Net profit margin 109.83% 39.85%
Operating margin 31.01% 24.04%
EBITD margin - 66.49%
Return on average assets 23.36% 7.22%
Return on average equity 38.03% 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

Bryan H. Lawrence Independent Chairman of the Board
Age: 72
Bio & Compensation  - Reuters
J. Ross Craft President, Chief Executive Officer, Director
Age: 56
Bio & Compensation  - Reuters
Sergei Krylov Chief Financial Officer, Executive Vice President
Age: 36
Bio & Compensation  - Reuters
Qingming Yang Chief Operating Officer
Age: 50
Bio & Compensation  - Reuters
J. Curtis Henderson Executive Vice President, General Counsel, Secretary
Age: 50
Bio & Compensation  - Reuters
Ralph P. Manoushagian Executive Vice President - Land
Age: 61
Bio & Compensation  - Reuters
Vean J. Gregg III Director
Bio & Compensation  - Reuters
Alan D. Bell Independent Director
Age: 67
Bio & Compensation  - Reuters
James H. Brandi Independent Director
Age: 64
Bio & Compensation  - Reuters
James C. Crain Independent Director
Age: 64
Bio & Compensation  - Reuters