Approach Resources Inc.  

(Public, NASDAQ:AREX)   Watch this stock  
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-0.080 (-7.48%)
Feb 5 - Close
NASDAQ real-time data - Disclaimer
Currency in USD
Range 0.99 - 1.10
52 week 0.75 - 9.57
Open 1.05
Vol / Avg. 247,634.00/698,269.00
Mkt cap 43.30M
P/E     -
Div/yield     -
EPS -3.47
Shares 40.47M
Beta 2.79
Inst. own 84%
Feb 23, 2016
Q4 2015 Approach Resources Inc Earnings Release (Estimated) - 4:00PM EST - Add to calendar
More events from DailyFinance »    

Key stats and ratios

Q3 (Sep '15) 2014
Net profit margin -438.37% 21.73%
Operating margin -698.38% 25.98%
EBITD margin - 67.29%
Return on average assets -45.01% 4.43%
Return on average equity -87.07% 7.57%
Employees 142 -
CDP Score - -


One Ridgmar Centre 6500 West Freeway, Suite 800
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


Approach Resources Inc. is an independent energy company. The Company is engaged in the exploration, development, production and acquisition of oil and gas properties in the Midland Basin of the greater Permian Basin in West Texas. The Company focuses on finding and developing oil and natural gas reserves in oil shale and tight gas sands. The Company is developing resource potential from the Wolfcamp shale oil formation. The Company's additional drilling targets include the Clearfork, Canyon Sands, Strawn and Ellenburger zones. The Company refers its development project in the Permian Basin as Project Pangea, which includes Pangea West. The Company also owns interest in the East Texas Basin. The Company owns and operates approximately 729 producing oil and gas wells in the Permian Basin.

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
Bryan H. Lawrence Director
Age: 73
Bio & Compensation  - Reuters
Alan D. Bell Independent Director
Age: 69
Bio & Compensation  - Reuters
James H. Brandi Independent Director
Age: 66
Bio & Compensation  - Reuters
James C. Crain Independent Director
Age: 66
Bio & Compensation  - Reuters