Approach Resources Company Profile (NASDAQ:AREX)

Analyst Ratings

Consensus Ratings for Approach Resources (NASDAQ:AREX) (?)
Ratings Breakdown: 2 Sell Rating(s), 5 Hold Rating(s), 2 Buy Rating(s)
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $3.25 (95.78% upside)

Analysts' Ratings History for Approach Resources (NASDAQ:AREX)
Show:
DateFirmActionRatingPrice TargetActions
7/11/2016WunderlichBoost Price TargetHold$3.50 -> $4.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/5/2016Robert W. BairdLower Price Target$3.00 -> $1.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/26/2016Clarkson CapitalDowngradeNeutral -> SellView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/19/2016KLR GroupLower Price Target$4.00 -> $2.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/10/2015SunTrust Banks Inc.Boost Price Target$1.50 -> $2.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/9/2015MacquarieDowngradeOutperform -> Neutral$5.50 -> $3.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/27/2015Sterne Agee CRTReiterated RatingUnderperform$2.00 -> $1.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/14/2015Howard WeilLower Price Target$8.00 -> $4.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/7/2015Northland SecuritiesLower Price TargetMarket Perform$8.00 -> $3.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/7/2015Royal Bank Of CanadaLower Price TargetOutperform$10.00 -> $9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/6/2015BMO Capital MarketsLower Price TargetMarket Perform$7.50 -> $3.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/21/2015Seaport Global SecuritiesLower Price TargetNeutral$6.50 -> $4.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/11/2015Canaccord GenuitySet Price TargetHold$7.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/10/2015Miller TabakDowngradeHold -> Sell$7.00 -> $5.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/12/2015StephensDowngradeEqual Weight -> UnderweightView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/1/2014KeyCorpDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/10/2014Wells Fargo & Co.Lower Price TargetOutperform$24.00 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/10/2014MizuhoLower Price TargetNeutral$15.00 -> $12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/30/2014 forward)

Earnings

Earnings History for Approach Resources (NASDAQ:AREX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/3/2016Q216($0.29)$22.27 millionN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/4/2016Q116($0.32)($0.32)$22.33 million$17.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/3/2016Q415($0.17)($0.12)$36.61 million$25.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/4/2015Q315($0.16)($0.14)$41.78 million$33.94 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/5/2015Q215($0.07)($0.07)$45.76 million$38.61 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/6/2015Q115($0.02)($0.03)$7.60 million$33.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/25/2015$0.10$0.12ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2014Q314$0.22$0.27$70.54 million$68.10 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/4/2014Q214$0.23$0.22$66.06 million$73.41 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/8/2014Q114$0.22$0.17$59.95 million$61.93 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/24/2014Q413$0.15$0.20$56.97 million$58.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/8/2013Q313$0.07$0.07$46.03 million$44.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/1/2013Q2 2013$0.06$0.13$41.70 million$42.30 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2013Q1 2013$0.01$0.06$36.98 million$36.27 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/21/2013Q4 2012($0.02)$35.53 million$35.31 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2012$0.05$0.01$33.12 million$33.04 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/3/2012$0.18$0.10ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Approach Resources (NASDAQ:AREX)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.34)($0.27)($0.31)
Q2 20162($0.32)($0.24)($0.28)
Q3 20162($0.30)($0.21)($0.26)
Q4 20162($0.29)($0.19)($0.24)
Q1 20172($0.22)($0.18)($0.20)
Q2 20172($0.21)($0.18)($0.20)
Q3 20172($0.20)($0.17)($0.19)
Q4 20173($0.21)($0.15)($0.18)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Approach Resources (NASDAQ:AREX)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Approach Resources (NASDAQ:AREX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
11/13/2014Vean J Gregg IIIDirectorBuy10,000$11.88$118,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/10/2014Sheldon B LubarDirectorBuy10,000$10.61$106,100.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/1/2013J. Ross CraftCEOSell2,500$28.06$70,150.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/4/2013J. Ross CraftCEOSell6,672$30.00$200,160.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/4/2013Ralph ManoushagianEVPSell2,888$30.00$86,640.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/4/2013Steven SmartCFOSell3,400$30.00$102,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/1/2013J Curtis HendersonEVPSell10,000$28.00$280,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/1/2013J. Ross CraftCEOSell5,000$28.00$140,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/1/2013Steven SmartCFOSell1,700$28.00$47,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/15/2013J. Ross CraftCEOSell9,000$25.97$233,730.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/12/2013Ralph P ManoushagianEVPSell6,000$24.76$148,560.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/12/2013Steven P SmartCFOSell5,000$24.78$123,900.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/13/2012Ralph P ManoushagianEVPSell2,166$34.00$73,644.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Approach Resources (NASDAQ:AREX)
DateHeadline
07/29/16 02:34 PMApproach Resources, Inc. (NASDAQ:AREX) To Report June 2016 Results - The Voice Registrar
07/29/16 02:34 PMApproach Resources Inc. (AREX) Drops 5.23% on July 27 - Equities.com
07/27/16 10:47 AMApproach Resources Inc. (AREX) Drops 9.78% on July 25 - Equities.com
07/23/16 05:37 AMAnalysts Take on Earnings: Discover Financial Services (NYSE:DFS), Approach Resources Inc. (NASDAQ:AREX ... - Engelwood Daily
07/22/16 02:33 PMApproach Resources Inc. (NASDAQ:AREX): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily
07/21/16 08:08 PMEquity Roundup: Stock Performance Focus on Approach Resources Inc. (NASDAQ:AREX) - Press Telegraph
07/21/16 02:34 PMWere Analysts Bullish Approach Resources Inc. (NASDAQ:AREX) This Week? - Press Telegraph
07/21/16 12:46 PMETF’s with exposure to Approach Resources, Inc. : July 21, 2016 -
07/21/16 10:01 AMApproach Resources Inc. (AREX) Drops 5.26% on July 19 - Equities.com
07/20/16 03:43 PMApproach Resources Inc Stock Technicals at Critical Inflection Point - CML News
07/20/16 03:42 PMIncreased Stock Volatility Watch: Approach Resources, Inc. (NASDAQ:AREX) - Engelwood Daily
07/20/16 03:30 PMApproach Resources Inc. Schedules Second Quarter 2016 Conference Call for Thursday, August 4, 2016 - [Business Wire] - Approach Resources Inc. will host a conference call on Thursday, August 4, 2016, at 10:00 AM CT to discuss second quarter 2016 financial and operating results.
07/19/16 07:58 PMApproach Resources Incorporated (NASDAQ:AREX) Short Interest Decreased By 4.54% - Consumer Eagle
07/18/16 02:37 PMInvestor Watch: Volatility Recap on Shares of: Approach Resources, Inc. (NASDAQ:AREX) - Engelwood Daily
07/18/16 02:37 PMWhat's Ahead for Approach Resources Inc. After Forming Bullish Inverse Head & Shoulders? - Consumer Eagle
07/17/16 07:18 AMIncreased Volatility Noted on Shares of: Approach Resources, Inc. (NASDAQ:AREX) - Engelwood Daily
07/16/16 10:25 AMAnalyst Target and Average Rating Watch: Approach Resources Inc. (NASDAQ:AREX) - Press Telegraph
07/16/16 10:25 AMNew Broker Ratings For Approach Resources Inc. (NASDAQ:AREX) - FTSE News
07/16/16 10:25 AMApproach Resources Inc. (NASDAQ:AREX) Earnings Concentration and Analyst Target Watch - Engelwood Daily
07/16/16 10:25 AMApproach Resources Incorporated (NASDAQ:AREX) Shorted Shares Increased By 7.25% - Consumer Eagle
07/14/16 11:28 AMOil Companies Prove to be Resilient in 2016
07/13/16 08:03 PMShare Volatility Watch for: Approach Resources, Inc. (NASDAQ:AREX) - Engelwood Daily
07/13/16 02:36 PMApproach Resources Inc. (AREX) Jumps 10.88% on July 12 - Equities.com
07/12/16 08:03 PMShares Charging Upward in Session: Approach Resources, Inc. (NASDAQ:AREX) - Telanagana Press
07/12/16 08:03 PMApproach Resources Inc. (NASDAQ:AREX) Wall Street Analyst Recommendation Outlook - Telanagana Press
07/12/16 02:38 PMSession Volatility Review for: Approach Resources, Inc. (NASDAQ:AREX) - Engelwood Daily
07/11/16 07:22 AMStock Rating Watch and Earnings Insight for Approach Resources Inc. (NASDAQ:AREX) - Press Telegraph
07/10/16 07:17 AMNext Weeks Broker Price Targets For Approach Resources Inc. (NASDAQ:AREX) - Fiscal Standard
07/08/16 02:36 PMCan Approach Resources Inc. (NASDAQ:AREX) Improve on the Earnings Front? - Engelwood Daily
07/08/16 02:36 PMCompany Stock Focus for Approach Resources Inc. (NASDAQ:AREX): Which Way Will Shares Head? - Press Telegraph
07/07/16 10:29 AMApproach Resources (AREX) : Analyst Rating Update - Trade Calls
07/07/16 10:29 AMApproach Resources Inc. (AREX) Drops 7.94% on July 05 - Equities.com
07/06/16 07:23 AMApproach Resources Inc. (NASDAQ:AREX) Stock Update: Check on Ratings and Target Price - Telanagana Press
07/06/16 07:23 AMShares Dropping Lower in Session: Approach Resources, Inc. (NASDAQ:AREX) - Telanagana Press
07/06/16 07:23 AMBroker Outlook For Approach Resources Inc. (NASDAQ:AREX) - Fiscal Standard
07/05/16 02:33 PMShare Volatility in Focus: Approach Resources, Inc. (NASDAQ:AREX) - Engelwood Daily
07/05/16 07:20 AMShare Performance Recap for: Approach Resources, Inc. (NASDAQ:AREX) - Press Telegraph
07/04/16 02:33 PMThe Top 5 Upstream Stocks by Short Interest–to–Equity Float Ratio
07/04/16 11:51 AMReturns of Upstream Stocks with High and Low Implied Volatility -
07/04/16 11:47 AMUpstream Stocks with High and Low Implied Volatility -
07/01/16 04:52 PMETF’s with exposure to Approach Resources, Inc. : July 1, 2016 -
07/01/16 02:36 PMTracking Stock Volatility for: Approach Resources, Inc. (NASDAQ:AREX) - Engelwood Daily
06/30/16 02:42 PMCould Approach Resources Inc. Change Direction After Today's Huge Decline? - Press Telegraph
06/29/16 02:33 PMApproach Resources Inc. (NASDAQ:AREX) Company Rating and Target Watch - Telanagana Press
06/29/16 10:45 AMNewly released market study: Approach Resources Inc. (AREX) - Financial and Strategic SWOT Analysis Review
06/28/16 07:54 PMCheck on Share Volatility: Approach Resources, Inc. (NASDAQ:AREX) - Engelwood Daily
06/28/16 02:46 PMAnalyst Opinion of: Approach Resources, Inc. (NASDAQ:AREX) - News Oracle
06/28/16 07:48 AMApproach Resources Inc. Could Help Your Portfolio. The Stock Formed Bullish Inverse H&S Chart Pattern - Engelwood Daily
06/28/16 07:48 AMApproach Resources Inc. (NASDAQ:AREX): Growth Forecast - RealistInvestor.com
06/27/16 07:18 AMShare Update and Earnings Review for Approach Resources Inc. (NASDAQ:AREX) - Press Telegraph

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About Approach Resources

Approach Resources logoApproach 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.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NASDAQ
  • Symbol: AREX
  • CUSIP: 03834A10
Key Metrics:
  • Previous Close: $1.67
  • 50 Day Moving Average: $2.06
  • 200 Day Moving Average: $1.76
  • P/E Ratio: N/A
  • P/E Growth: -0.31
  • Market Cap: $68.17M
  • Beta: 3.02
  • Current Year EPS Consensus Estimate: $-1.07 EPS
  • Next Year EPS Consensus Estimate: $-0.79 EPS
Additional Links:
Approach Resources (NASDAQ:AREX) Chart for Saturday, July, 30, 2016