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

1.91 USD
-- (--)
As of Oct 19
chart
Previous Close 1.91
Open --
Volume --
3m Avg Volume 68,312
Today’s High --
Today’s Low --
52 Week High 4.20
52 Week Low 1.89
Shares Outstanding (mil) 94.49
Market Capitalization (mil) 204.09
Forward P/E --
Dividend (Yield %) -- ( -- )

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RECOMMENDATION

Sell Hold Buy
3.00 Mean rating from 4 analysts

KEY STATS

Revenue (mm, USD)
FY18
59
FY17
105
FY16
90
FY15
131
EPS (USD)
FY18
-0.175
FY17
-2.268
FY16
-1.260
FY15
-4.296
*Note: Units in Millions of U.S. Dollars
**Note: Units in U.S. Dollars

KEY RATIOS

Price to Earnings (TTM)
vs sector
--
11.91
Price to Sales (TTM)
vs sector
1.80
12.95
Price to Book (MRQ)
vs sector
0.35
1.80
Price to Cash Flow (TTM)
vs sector
5.93
7.54
Total Debt to Equity (MRQ)
vs sector
64.35
34.33
LT Debt to Equity (MRQ)
vs sector
64.35
28.21
Return on Investment (TTM)
vs sector
-2.92
15.13
Return on Equity (TTM)
vs sector
-5.45
17.74

EXECUTIVE LEADERSHIP

J. Ross Craft
Chairman of the Board, Chief Executive Officer, Since 2017
Salary: $560,000.00
Bonus: $350,000.00
Qingming Yang
President, Chief Operating Officer, Since 2017
Salary: $400,000.00
Bonus: $215,000.00
Sergei Krylov
Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Since 2017
Salary: $375,000.00
Bonus: $201,563.00
Ian Shaw
Principal Accounting Officer, Since 2018
Salary: --
Bonus: --
J. Curtis Henderson
Chief Administrative Officer, Corporate Secretary, Since 2013
Salary: $375,000.00
Bonus: $201,563.00

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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