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Approach Resources Company Profile (NASDAQ:AREX)

Consensus Ratings for Approach Resources (NASDAQ:AREX) (?)
Ratings Breakdown: 2 Sell Rating(s), 6 Hold Rating(s), 2 Buy Rating(s)
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $3.23 (53.68% upside)

Analysts' Ratings History for Approach Resources (NASDAQ:AREX)
Show:
DateFirmActionRatingPrice TargetActions
5/24/2016WunderlichBoost Price TargetHold$1.50 -> $3.00View 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
11/10/2015SunTrustBoost 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
8/7/2015RBC CapitalLower 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
12/1/2014KeyBancDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/10/2014Wells FargoLower 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 6/30/2014 forward)
Earnings History for Approach Resources (NASDAQ:AREX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/3/2016        
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)
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)($0.20)($0.25)
Q1 20172($0.22)($0.19)($0.21)
Q2 20172($0.21)($0.19)($0.20)
Q3 20172($0.20)($0.17)($0.19)
Q4 20173($0.21)($0.15)($0.18)
(Data provided by Zacks Investment Research)
Dividend History for Approach Resources (NASDAQ:AREX)
No dividend announcements for this company have been tracked by MarketBeat.com

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)
Latest Headlines for Approach Resources (NASDAQ:AREX)
DateHeadline
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
06/26/16 07:41 AMWill Approach Resources Inc. (NASDAQ:AREX) Surprise This Quarter? - Investor Newswire
06/25/16 02:34 PMApproach Resources Incorporated (NASDAQ:AREX) Shorted Shares Increased By 7.25% - Engelwood Daily
06/24/16 02:34 PMShare Volatility Check for: Approach Resources, Inc. (NASDAQ:AREX) - Press Telegraph
06/24/16 08:26 AMCovering the Bases on Approach Resources Inc. (NASDAQ:AREX): Where is the Stock Going? - Press Telegraph
06/24/16 08:26 AMApproach Resources Inc. (NASDAQ:AREX) Earnings Glance and Target Price Review - Engelwood Daily
06/24/16 08:26 AMApproach Resources Inc. (AREX) Jumps 8.3% on June 23 - Equities.com
06/21/16 05:03 AMAPPROACH RESOURCES INC Files SEC form 8-K, Regulation FD Disclosure -
06/20/16 02:33 PMApproach Resources, Inc. (NASDAQ:AREX) surged 8.13%: SunPower Corporation (NASDAQ:SPWR), MannKind Corp ... - KC Register
06/18/16 02:29 PMApproach Resources Inc. (AREX) Jumps 8.13% on June 17 - Equities.com
06/18/16 07:16 AMApproach Resources Inc. (AREX) Drops 7.11% on June 16 - Equities.com
06/16/16 07:57 PMApproach Resources Inc. to Participate in Upcoming Conferences - Business Wire (press release)
06/16/16 03:49 PMApproach Resources Inc. to Participate in Upcoming Conferences - [at noodls] - FORT WORTH, Texas--(BUSINESS WIRE)-- Approach Resources Inc.(NASDAQ: AREX) today announced that the Company will participate in one-on-one investor meetings at the Wells Fargo West Coast Energy Conference ...
06/13/16 10:39 AMApproach Resources Inc. (NASDAQ:AREX) Earns Rating Score Of 3.5 - RealistInvestor.com
06/10/16 10:59 AMApproach Resources Inc. (AREX) is Trading Lower on Unusual Volume for June 08 - Equities.com
06/09/16 08:29 PMApproach Resources Inc. (NASDAQ:AREX) Low Price Is Set At $2 - RealistInvestor.com
06/09/16 02:34 PMEarnings Stocks Analysis: Approach Resources, Inc. (NASDAQ:AREX), Qorvo, Inc. (NASDAQ:QRVO) - Beacon Chronicle
06/07/16 08:09 PMApproach Resources Inc. (AREX) Jumps 8.91% on June 06 - Equities.com
06/06/16 12:04 PMApproach Resources (NASDAQ:AREX) Upcoming Earnings: What matter for investors? - iStreetWire
06/06/16 12:04 PMApproach Resources, Inc. (NASDAQ:AREX) Upcoming Earnings: What matter for investors? - iStreetWire
06/03/16 11:03 AMShare Rating Focus on Approach Resources Inc. (NASDAQ:AREX) - HNN
06/03/16 11:03 AMBroker Watchlist: Approach Resources Inc. (NASDAQ:AREX) - Share Trading News
06/02/16 04:10 PMAPPROACH RESOURCES INC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote -
06/02/16 02:40 PMApproach Resources Inc. (NASDAQ:AREX) Stock Update & Estimates - Stock Tick Tock - Approach Resources Inc. (NASDAQ:AREX) Stock Update & EstimatesStock Tick TockThe consensus on Wall Street is expecting Approach Resources Inc. (NASDAQ:AREX) to post earnings of $-0.31 per share when the firm next reports it's fiscal quarterly results. According to the latest information available the report will likely be ...and more »
06/02/16 11:15 AMTarget Price and Stock Performance Rundown for Approach Resources Inc. (NASDAQ:AREX) - HNN - Target Price and Stock Performance Rundown for Approach Resources Inc. (NASDAQ:AREX)HNNDuring the latest trading session, Approach Resources Inc. (NASDAQ:AREX) shares traded -0.75%. Monitoring the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent check, shares have been seen ...and more »
06/01/16 02:39 PMApproach Resources Inc. (NASDAQ:AREX) Do Brokers Advise Buy, Sell Or Hold? - Share Trading News - Approach Resources Inc. (NASDAQ:AREX) Do Brokers Advise Buy, Sell Or Hold?Share Trading NewsMarket analysts have recently updated their ratings and price targets on shares of Approach Resources Inc. (NASDAQ:AREX). The latest reports which are currently in issue on Wednesday 1st of June state 0 analysts have a rating of “strong buy”, 0 ...and more »
06/01/16 02:38 PMNews Sentiment For Approach Resources Inc. (NASDAQ:AREX) - Investor Newswire - News Sentiment For Approach Resources Inc. (NASDAQ:AREX)Investor NewswireApproach Resources Inc. (NASDAQ:AREX) Average broker stands at 3.5 while it was 3.5 three months ago. The quarterly report of Approach Resources Inc. (NASDAQ:AREX) can be made public close to 2016-05-04. It is estimated by the recent update ...and more »
05/30/16 09:22 PMApproach Resources Inc. (NASDAQ:AREX) Daily Sentiment Score Of 0 - Stocks Daily - Approach Resources Inc. (NASDAQ:AREX) Daily Sentiment Score Of 0Stocks DailyApproach Resources Inc. (NASDAQ:AREX) has a daily sentiment score of 0. This score is given by Alpha One, which uses its self-designed algorithm to identify market sentiment on the stock after studying the published content on the web. The content for ...and more »
05/30/16 09:22 PMApproach Resources Inc. (NASDAQ:AREX) Daily Sentiment Score Of 0 - Stocks Daily - Approach Resources Inc. (NASDAQ:AREX) Daily Sentiment Score Of 0Stocks DailyApproach Resources Inc. (NASDAQ:AREX) has a daily sentiment score of 0. This score is given by Alpha One, which uses its self-designed algorithm to identify market sentiment on the stock after studying the published content on the web. The content for ...and more »
05/27/16 10:46 AMLatest Analyst Ratings For Approach Resources Inc. (NASDAQ:AREX) - Share Trading News - Latest Analyst Ratings For Approach Resources Inc. (NASDAQ:AREX)Share Trading News09/09/2015 – Approach Resources Inc. was downgraded to “neutral” by analysts at Macquarie. They now have a USD 3 price target on the stock. 08/25/2015 – Approach Resources Inc. had its “underperform” rating reiterated by analysts at Sterne Agee.and more »
05/27/16 10:46 AMStock Rating Review for Approach Resources Inc. (NASDAQ:AREX) - Wall Street Hints and News - Stock Rating Review for Approach Resources Inc. (NASDAQ:AREX)Wall Street Hints and NewsInvestors may choose to follow the views of professional Wall Street analysts that regularly track the company. Covering equity analysts presently have a consensus stock rating of 3.5 on shares of Approach Resources Inc. (NASDAQ:AREX). Covering ...and more »
05/26/16 06:09 PMETF’s with exposure to Approach Resources, Inc. : May 26, 2016 -
05/26/16 05:21 AMTarget Check and Stock Performance Recap Approach Resources Inc. (NASDAQ:AREX) - Wall Street Hints and News - Target Check and Stock Performance Recap Approach Resources Inc. (NASDAQ:AREX)Wall Street Hints and NewsTracking stock performance from various views may help with share evaluation. Some investors might be more focused on short-term share action while others may prefer to view long-term performance. In recent session activity, Approach Resources Inc.and more »
05/26/16 05:21 AMApproach Resources Inc. (AREX) Jumps 11.42% on May 25 - Equities.com - Approach Resources Inc. (AREX) Jumps 11.42% on May 25Equities.comApproach Resources Inc. (AREX) was among the biggest gainers on the Russell 2000 for Wednesday May 25 as the stock popped 11.42% to $2.83, representing a gain of $0.29 per share. Some 945,229 shares traded hands on 2,822 trades, compared with ...and more »
05/26/16 05:21 AMStock for Your Portfolio: Approach Resources Inc. (NASDAQ:AREX) - The Point Review - Stock for Your Portfolio: Approach Resources Inc. (NASDAQ:AREX)The Point ReviewShare of Approach Resources Inc. (NASDAQ:AREX) traded on 14.13 percent above secure line at 2:30PM EDT in order to take the company's stock at the price of $2.90. At the time of writing the stock exchanged hands 745,120 shares versus average trading ...Approach Resources Inc. (NASDAQ:AREX) Closes At $2.54Markets DailyLatest Analyst Ratings For Approach Resources Inc. (NASDAQ:AREX)Share Trading NewsAre Analysts Bearish Approach Resources Inc. (NASDAQ:AREX) After Last Week?Franklin IndependentThe Postall 6 news articles »
05/25/16 08:18 AMChasing -
05/21/16 12:21 PMApproach Resources Inc. (AREX) Jumps 7.11% on May 20 - Equities.com - Approach Resources Inc. (AREX) Jumps 7.11% on May 20Equities.comApproach Resources Inc. (AREX) was among the biggest gainers on the Russell 2000 for Friday May 20 as the stock popped 7.11% to $2.56, representing a gain of $0.17 per share. Some 299,819 shares traded hands on 1,374 trades, compared with an ...and more »
05/20/16 12:45 PMWhy Investors are Looking at These Oil and Gas Stocks? - Legacy Reserves, Diamondback Energy, Memorial Production Partners, and Approach Resources - Register for free on ActiveWallSt.com and activate your trade alert on MEMP at: Shares in Approach Resources Inc. ended the day 1.92% lower at ... shares of Approach Resources have an RSI of 56.65. Trade alert on AREX is available for free at: Active ...
05/18/16 01:03 PMApproach Resources Inc. (AREX) Jumps 5.26% on May 16 - Equities.com - Approach Resources Inc. (AREX) Jumps 5.26% on May 16Equities.comApproach Resources Inc. (AREX) was among the biggest gainers on the Russell 2000 for Monday May 16 as the stock popped 5.26% to $2.60, representing a gain of $0.13 per share. Some 836,117 shares traded hands on 2,539 trades, compared with an ...and more »
05/17/16 01:19 PMA Reversal for Approach Resources Inc. Is Near. The Formed Bullish Inverse Head & Shoulders Pattern - Wall Street Hints and News - A Reversal for Approach Resources Inc. Is Near. The Formed Bullish Inverse Head & Shoulders PatternWall Street Hints and NewsThe stock of Approach Resources Inc. (AREX) formed H&SI with $4.72 price target or 91.00% above the current $2.47 share price. The 8 months Head & Shoulders Inverse reveals low risk for the $101.78 million company. This trade was featured by ...and more »
05/16/16 05:40 PMETF’s with exposure to Approach Resources, Inc. : May 16, 2016 -
05/14/16 06:39 AMNotable Two Stocks to Monitor: Approach Resources Inc. (NASDAQ:AREX) , Green Plains, Inc. (NASDAQ:GPRE) - Street Updates - Notable Two Stocks to Monitor: Approach Resources Inc. (NASDAQ:AREX) , Green Plains, Inc. (NASDAQ:GPRE)Street UpdatesApproach Resources Inc. (NASDAQ:AREX) diminished -7.43%, closing at $2.49 after floating between $2.46 and $2.90. The company has market capitalization of $102.26M. It has twelve month low of $0.60 and twelve month high of $7.56. The recent traded ...and more »
05/14/16 06:39 AMApproach Resources Inc. (AREX) Drops 7.43% on May 12 - Equities.com - Approach Resources Inc. (AREX) Drops 7.43% on May 12Equities.comApproach Resources Inc. (AREX) was one of the Russell 2000's biggest losers for Thursday May 12 as the stock slid 7.43% to $2.49, a loss of $-0.2 per share. Starting at an opening price of $2.80 a share, the stock traded between $2.46 and $2.90 over ...and more »
05/12/16 09:38 AMApproach Resources, Inc. :AREX-US: Earnings Analysis: Q1, 2016 By the Numbers -
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: Basic Materials
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NASDAQ
  • Symbol: AREX
  • CUSIP: 03834A10
Key Metrics:
  • Previous Close: $2.10
  • 50 Day Moving Average: $2.47
  • 200 Day Moving Average: $1.71
  • P/E Ratio: N/A
  • P/E Growth: -0.45
  • Market Cap: $86.24M
  • Current Quarter EPS Consensus Estimate: $-1.13 EPS
Additional Links:
Approach Resources (NASDAQ:AREX) Chart for Thursday, June, 30, 2016


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