NASDAQ:AREX Approach Resources Stock Forecast, Price & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Approach Resources Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add Add Compare Share Today's Range N/A50-Day Range$0.01MA: $0.01▼$0.0252-Week Range N/AVolume164,462 shsAverage Volume694,788 shsMarket Capitalization$749,000.00P/E RatioN/ADividend YieldN/ABeta3.17 ProfileAnalyst RatingsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More MarketRank™Overall MarketRank™0.75 out of 5 starsOils/Energy Sector361st out of 668 stocksCrude Petroleum & Natural Gas Industry128th out of 246 stocksAnalyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 - 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Approach Resources. Previous Next 2.3 Community Rank Outperform VotesApproach Resources has received 421 “outperform” votes. (Add your “outperform” vote.)Underperform VotesApproach Resources has received 504 “underperform” votes. (Add your “underperform” vote.)Community SentimentApproach Resources has received 54.49% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Approach Resources and other stocks. Vote “Outperform” if you believe AREX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AREX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldApproach Resources does not currently pay a dividend.Dividend GrowthApproach Resources does not have a long track record of dividend growth. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Approach Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.10% of the stock of Approach Resources is held by insiders.Percentage Held by Institutions60.76% of the stock of Approach Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Approach Resources are expected to grow in the coming year, from ($0.40) to ($0.23) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Approach Resources is -0.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Approach Resources is -0.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here Industry, Sector and Symbol Stock Exchange NASDAQ Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNASDAQ:AREX Previous Symbol CUSIP03834A10 CIK1405073 Webwww.approachresources.com Phone817-989-9000Employees99 Debt Debt-to-Equity Ratio0.16 Current Ratio0.05 Quick Ratio0.05Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$114.04 million Price / Sales0.00 Cash FlowN/A Price / Cash Flow0.23 Book Value$6.24 per share Price / BookN/AProfitability EPS (Most Recent Fiscal Year)($0.26) Net Income$-19,910,000.00 Net Margins-38.00% Return on Equity-5.64% Return on Assets-2.99%Miscellaneous Outstanding Shares93,664,000Market Cap$749,000.00 Next Earnings DateN/A OptionableOptionable Receive AREX News and Ratings via Email Sign-up to receive the latest news and ratings for AREX and its competitors with MarketBeat's FREE daily newsletter. Approach Resources (NASDAQ:AREX) Frequently Asked Questions What stocks does MarketBeat like better than Approach Resources? Wall Street analysts have given Approach Resources a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Approach Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. What is Doug Parker's approval rating as Approach Resources' CEO? 1,448 employees have rated Approach Resources CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among Approach Resources' employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. How were Approach Resources' earnings last quarter? Approach Resources Inc. (NASDAQ:AREX) announced its quarterly earnings data on Thursday, August, 8th. The energy company reported ($0.14) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.10) by $0.04. The energy company had revenue of $14.72 million for the quarter, compared to the consensus estimate of $20.61 million. Approach Resources had a negative return on equity of 5.64% and a negative net margin of 38.00%. View Approach Resources' earnings history. Who are some of Approach Resources' key competitors? Some companies that are related to Approach Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Cabot Oil & Gas (COG), Devon Energy (DVN), Continental Resources (CLR), Marathon Oil (MRO), WPX Energy (WPX), Cimarex Energy (XEC), EQT (EQT), PDC Energy (PDCE), Range Resources (RRC) and Southwestern Energy (SWN). View all of AREX's competitors. 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 Co. (PD.TO) (PD), Archrock (AROC), Targa Resources (TRGP), Endologix (ELGX) and EVINE Live (EVLV). Who are Approach Resources' key executives? Approach Resources' management team includes the following people: Mr. Sergei Krylov, CEO & CFO (Age 42)Mr. J. Curtis Henderson, Chief Admin. Officer (Age 56)Mr. Ian M. Shaw, Chief Accounting Officer (Age 35)Mr. Joshua E. Dazey, VP, Gen. Counsel & Corp. Sec.Mr. Troy A. Hoefer, Sr. VP of Engineering What is Approach Resources' stock symbol? Approach Resources trades on the NASDAQ under the ticker symbol "AREX." How big of a company is Approach Resources? Approach Resources has a market capitalization of $0.00 and generates $114.04 million in revenue each year. The energy company earns $-19,910,000.00 in net income (profit) each year or ($0.26) on an earnings per share basis. Approach Resources employs 99 workers across the globe. What is Approach Resources' official website? The official website for Approach Resources is www.approachresources.com. How can I contact Approach Resources? Approach Resources' mailing address is ONE RIDGMAR CENTRE 6500 WEST FREEWAY SUITE 800, FORT WORTH TX, 76116. The energy company can be reached via phone at 817-989-9000 or via email at [email protected] This page was last updated on 1/22/2021 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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