Approach Resources Inc.  

(Public, NASDAQ:AREX)   Watch this stock  
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3.91
+0.09 (2.36%)
After Hours: 3.95 +0.04 (1.02%)
Dec 9, 6:32PM EST  
NASDAQ real-time data - Disclaimer
Currency in USD
Range 3.78 - 4.14
52 week 0.60 - 4.35
Open 3.89
Vol / Avg. 2.26M/1.21M
Mkt cap 179.10M
P/E     -
Div/yield     -
EPS -1.08
Shares 41.61M
Beta 2.90
Inst. own 53%
Mar 1, 2017
Q4 2016 Approach Resources Inc Earnings Release (Estimated) - 4:00PM EST - Add to calendar
Nov 3, 2016
Q3 2016 Approach Resources Inc Earnings Call - Webcast
Nov 2, 2016
Q3 2016 Approach Resources Inc Earnings Release
More events from DailyFinance »    

Key stats and ratios

Q3 (Sep '16) 2015
Net profit margin -38.20% -132.56%
Operating margin -35.59% -199.40%
EBITD margin - 44.54%
Return on average assets -3.22% -13.56%
Return on average equity -6.30% -25.19%
Employees 102 -
CDP Score - -

Address

One Ridgmar Centre 6500 West Freeway, Suite 800
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. The Company is focused on the exploration, development, production and acquisition of unconventional oil and gas reserves in the Midland Basin of the greater Permian Basin in West Texas. The Company's business segment is the exploration and production of oil, natural gas liquids (NGLs) and natural gas. The Company's assets cover an area of approximately 126,000 net acres. Its proved reserves are approximately 166.6 million barrels of oil equivalent. The Company's proved reserves are primarily located in Crockett and Schleicher Counties, Texas. The Company's Permian Basin acreage is known as the Project Pangea. The Company owns and operates approximately 800 producing oil and gas wells in the Permian Basin. The Company, through a joint venture with EnCana Oil & Gas (USA) Inc., holds interests in the approximately 3,000 gross acre project in Limestone and Robertson Counties, Texas, in the East Texas Cotton Valley trend.

Officers and directors

J. Ross Craft Chairman of the Board, President, Chief Executive Officer
Age: 58
Bio & Compensation  - Reuters
Sergei Krylov Chief Financial Officer, Executive Vice President
Age: 37
Bio & Compensation  - Reuters
Qingming Yang Ph.D Chief Operating Officer
Age: 51
Bio & Compensation  - Reuters
J. Curtis Curtis Henderson Chief Administrative Officer, Corporate Secretary
Age: 51
Bio & Compensation  - Reuters
Vean J. Gregg III Lead Independent Director
Age: 47
Bio & Compensation  - Reuters
Alan D. Bell Independent Director
Age: 69
Bio & Compensation  - Reuters
James H. Brandi Independent Director
Age: 67
Bio & Compensation  - Reuters
James C. Crain Independent Director
Age: 67
Bio & Compensation  - Reuters