How were Approach Resources' earnings last quarter?

Approach Resources Inc. (NASDAQ:AREX) issued its earnings results on Thursday, August, 8th. The energy company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.10) by $0.04. The energy company had revenue of $14.72 million for the quarter, compared to analyst estimates of $20.61 million. Approach Resources had a negative net margin of 38.00% and a negative trailing twelve-month return on equity of 5.64%.

What other stocks do shareholders of Approach Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Approach Resources investors own include Reata Pharmaceuticals (RETA) , Precision Drilling (PDS) , First Financial Bankshares (FFIN) , Synlogic (SYBX) , Basic Energy Services (BAS) , Precision Drilling (PD) , Archrock (AROC) , Targa Resources (TRGP) , Endologix (ELGX) and Evolv Technologies (EVLV) .

NASDAQ:AREX

Approach Resources (AREX) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: $0.01
▼
$0.02
52-Week Range: N/A

Volume: 164,462 shs
Average Volume: 694,788 shs
Market Capitalization: $749,000.00

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

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About Approach Resources Stock (NASDAQ:AREX)

Approach Resources, Inc., an independent energy company, focuses on the acquisition, exploration, development, and production of unconventional oil and gas reserves. The company's properties are primarily located in the Permian Basin in west Texas. It also owns interests in east Texas Basin. As of December 31, 2018, its estimated proved reserves were 180.1 million barrels of oil equivalent located in Crockett and Schleicher counties, Texas. The company also owned and operated 813 producing oil and gas wells in the Permian Basin. Approach Resources, Inc. was incorporated in 2002 and is headquartered in Fort Worth, Texas.

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Company Calendar

Last Earnings: 8/08/2019
Today: 4/16/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Crude Petroleum & Natural Gas
Sub-Industry: Oil & Gas Exploration & Production
Current Symbol: NASDAQ:AREX
CUSIP: 03834A10
CIK: 1405073
Web: www.approachresources.com
Phone: 817-989-9000
Fax: N/A
Employees: 99
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.26)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-19,910,000.00
Net Margins: -38.00%
Pretax Margin: N/A
Return on Equity: -5.64%
Return on Assets: -2.99%

Debt

Debt-to-Equity Ratio: 0.16
Current Ratio: 0.05
Quick Ratio: 0.05

Sales & Book Value

Annual Sales: $114.04 million
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 0.23
Book Value: $6.24 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 93,664,000
Free Float: N/A
Market Cap: $749,000.00
Optionable: Optionable
Beta: 3.17

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Key Executives

Mr. Sergei Krylov (Age 42)
CEO & CFO
Mr. J. Curtis Henderson (Age 56)
Chief Admin. Officer
Mr. Ian M. Shaw (Age 35)
Chief Accounting Officer
Mr. Joshua E. Dazey
VP, Gen. Counsel & Corp. Sec.
Mr. Troy A. Hoefer
Sr. VP of Engineering

Key Competitors

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AREX Stock Analysis - Frequently Asked Questions

How were Approach Resources' earnings last quarter?: Approach Resources Inc. (NASDAQ:AREX) issued its earnings results on Thursday, August, 8th. The energy company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.10) by $0.04. The energy company had revenue of $14.72 million for the quarter, compared to analyst estimates of $20.61 million. Approach Resources had a negative net margin of 38.00% and a negative trailing twelve-month return on equity of 5.64%.
What other stocks do shareholders of Approach Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Approach Resources investors own include Reata Pharmaceuticals (RETA), Precision Drilling (PDS), First Financial Bankshares (FFIN), Synlogic (SYBX), Basic Energy Services (BAS), Precision Drilling (PD), Archrock (AROC), Targa Resources (TRGP), Endologix (ELGX) and Evolv Technologies (EVLV).

This page (NASDAQ:AREX) was last updated on 4/16/2024 by MarketBeat.com Staff

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Approach Resources (AREX) Stock Price, News & Analysis

About Approach Resources Stock (NASDAQ:AREX)

AREX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

AREX Stock Analysis - Frequently Asked Questions

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