The current stock price of AREX is 0.0791 null. In the past month the price decreased by -38.35%. In the past year, price decreased by -94.23%.
Approach Resources Inc. is an independent energy company engaged in the exploration, development, exploitation, production and acquisition of unconventional natural gas and oil properties onshore in the United States and Western Canada. The Company focuses its growth efforts primarily on finding and developing natural gas reserves in known tight gas sands and shale areas. The Company currently operates in Texas, New Mexico and Kentucky and has a non-operating interest in Western Canada.
APPROACH RESOURCES INC
ONE RIDGMAR CENTRE 6500 WEST FREEWAY SUITE 800
FORT WORTH TX 76116
CEO: J. Ross Craft
Phone: 817-989-9000
Approach Resources Inc. is an independent energy company engaged in the exploration, development, exploitation, production and acquisition of unconventional natural gas and oil properties onshore in the United States and Western Canada. The Company focuses its growth efforts primarily on finding and developing natural gas reserves in known tight gas sands and shale areas. The Company currently operates in Texas, New Mexico and Kentucky and has a non-operating interest in Western Canada.
The current stock price of AREX is 0.0791 null. The price decreased by -14.58% in the last trading session.
AREX does not pay a dividend.
AREX has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 1 out of 10.
APPROACH RESOURCES INC (AREX) does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.34).
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on AREX.
APPROACH RESOURCES INC (AREX) has a market capitalization of 7.41M null. This makes AREX a Nano Cap stock.
ChartMill assigns a fundamental rating of 1 / 10 to AREX. Both the profitability and financial health of AREX have multiple concerns.
Over the last trailing twelve months AREX reported a non-GAAP Earnings per Share(EPS) of -0.34. The EPS decreased by -17.24% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | -67.88% | ||
| ROA | -4.62% | ||
| ROE | N/A | ||
| Debt/Equity | 0.01 |