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Approach Resources Inc AREX.OQ (NASDAQ Stock Exchange Global Select Market)

0.30 USD
-0.01 (-3.13%)
As of 2:27 PM EDT
Previous Close 0.31
Open 0.32
Volume 39,191
3m Avg Volume 227,642
Today’s High 0.32
Today’s Low 0.29
52 Week High 2.51
52 Week Low 0.20
Shares Outstanding (mil) 93.70
Market Capitalization (mil) 29.05
Forward P/E --
Dividend (Yield %) -- ( -- )

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RECOMMENDATION

Sell Hold Buy
3.00 Mean rating from 1 analysts

KEY STATS

Revenue (mm, USD)
FY19
19
FY18
114
FY17
105
FY16
90
EPS (USD)
FY19
-0.177
FY18
-0.211
FY17
-2.268
FY16
-1.260
*Note: Units in Millions of U.S. Dollars
**Note: Units in U.S. Dollars

KEY RATIOS

Price to Earnings (TTM)
vs sector
--
10.30
Price to Sales (TTM)
vs sector
0.28
9.54
Price to Book (MRQ)
vs sector
0.05
1.42
Price to Cash Flow (TTM)
vs sector
0.97
6.70
Total Debt to Equity (MRQ)
vs sector
70.95
45.14
LT Debt to Equity (MRQ)
vs sector
14.79
33.78
Return on Investment (TTM)
vs sector
-3.22
13.26
Return on Equity (TTM)
vs sector
-4.99
16.23

EXECUTIVE LEADERSHIP

James Crain
Chairman of the Board, Since 2019
Salary: --
Bonus: --
Sergei Krylov
Chief Executive Officer, Chief Financial Officer, Since 2019
Salary: $375,000.00
Bonus: $283,842.00
Troy Hoefer
Senior Vice President - Engineering, Since 2015
Salary: --
Bonus: --
Ian Shaw
Principal Accounting Officer, Since 2018
Salary: --
Bonus: --
J. Curtis Henderson
Chief Administrative Officer, Corporate Secretary, Since 2013
Salary: $375,000.00
Bonus: $283,842.00

COMPANY PROFILE

Sector: Energy
Industry: Oil & Gas Exploration and Production
Address:

One Ridgmar Centre
6500 West Freeway, Suite 800
FORT WORTH   TX   76116

Phone: +1817.9899000

Approach 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.

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