Approach Resources Inc.  

(Public, NASDAQ:AREX)   Watch this stock  
Find more results for AREX
22.76
-0.16 (-0.70%)
Jul 24 - Close
NASDAQ real-time data - Disclaimer
Currency in USD
Range 22.53 - 23.07
52 week 17.59 - 31.67
Open 22.94
Vol / Avg. 460,000.00/712,075.00
Mkt cap 896.10M
P/E 11.77
Div/yield     -
EPS 1.93
Shares 39.37M
Beta 1.87
Inst. own 112%
Aug 4, 2014
Q2 2014 Approach Resources Inc. Earnings Release - 4:00PM EDT - Add to calendar
Aug 4, 2014
Q2 2014 Approach Resources Inc Earnings Call - 10:00AM EDT - Add to calendar
Jun 4, 2014
Approach Resources Inc. at Bank of America Merrill Lynch Energy and Power Leveraged Finance Conference
Jun 3, 2014
Approach Resources Inc. at RBC Capital Markets Global Energy
May 29, 2014
Approach Resources Inc. Annual Shareholder Meeting
May 21, 2014
Approach Resources Inc. at Hart Energy DUG Permian Basin Conference
May 9, 2014
Q1 2014 Approach Resources Inc. Earnings Conference Call
May 8, 2014
Q1 2014 Approach Resources Inc. Earnings Release
More events from DailyFinance »    

Key stats and ratios

Q1 (Mar '14) 2013
Net profit margin 4.76% 39.85%
Operating margin 27.50% 24.04%
EBITD margin - 66.49%
Return on average assets 1.02% 7.22%
Return on average equity 1.66% 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: 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
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
Vean J. Gregg III Independent Director
Age: 46
Bio & Compensation  - Reuters