NASDAQ:AREX - Approach Resources Stock Price, Forecast & News 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 $0.01 0.00 (0.00 %) (As of 02/25/2020 09:26 AM ET) Add Compare Today's Range$0.01Now: $0.01▼$0.0150-Day Range$0.01MA: $0.05▼$0.0852-Week Range$0.02Now: $0.01▼$1.45Volume119,425 shsAverage Volume694,788 shsMarket Capitalization$1.19 millionP/E RatioN/ADividend YieldN/ABeta3.17 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. Read More… 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 Webhttp://www.approachresources.com/ Phone817-989-9000Debt 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 / Sales0.01 Cash Flow$0.06 per share Price / Cash Flow0.23 Book Value$6.24 per share Price / Book0.00Profitability 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 Employees99 Outstanding Shares93,664,000Market Cap$1.19 million Next Earnings Date3/16/2020 (Estimated) 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. NASDAQ:AREX Rates by TradingView Approach Resources (NASDAQ:AREX) Frequently Asked Questions What is Approach Resources' stock symbol? Approach Resources trades on the NASDAQ under the ticker symbol "AREX." How were Approach Resources' earnings last quarter? Approach Resources Inc. (NASDAQ:AREX) announced its quarterly 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 return on equity of 5.64% and a negative net margin of 38.00%. View Approach Resources' Earnings History. When is Approach Resources' next earnings date? Approach Resources is scheduled to release their next quarterly earnings announcement on Monday, March 16th 2020. View Earnings Estimates for Approach Resources. What price target have analysts set for AREX? 2 equities research analysts have issued twelve-month target prices for Approach Resources' stock. Their forecasts range from $0.40 to $0.40. On average, they anticipate Approach Resources' share price to reach $0.40 in the next year. This suggests a possible upside of 3,049.6% from the stock's current price. View Analyst Price Targets for Approach Resources. What is the consensus analysts' recommendation for Approach Resources? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Approach Resources in the last year. There are currently 2 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Approach Resources. Has Approach Resources been receiving favorable news coverage? Media coverage about AREX stock has trended neutral on Tuesday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Approach Resources earned a news impact score of 0.0 on InfoTrie's scale. They also assigned news headlines about the energy company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Approach Resources. 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), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS) and EQT (EQT). 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 EVINE Live (EVLV). Who are Approach Resources' key executives? Approach Resources' management team includes the folowing 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 How do I buy shares of Approach Resources? Shares of AREX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab. What is Approach Resources' stock price today? One share of AREX stock can currently be purchased for approximately $0.01. How big of a company is Approach Resources? Approach Resources has a market capitalization of $1.19 million 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.View Additional Information About Approach Resources. What is Approach Resources' official website? The official website for Approach Resources is http://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] MarketBeat Community Rating for Approach Resources (NASDAQ AREX)Community Ranking: 2.3 out of 5 ( )Outperform Votes: 417 (Vote Outperform)Underperform Votes: 501 (Vote Underperform)Total Votes: 918MarketBeat'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. This page was last updated on 2/25/2020 by MarketBeat.com StaffFeatured Article: What is the definition of a trade war?
