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Blue Chip Growth

Stock Report: Approach Resources Inc. (AREX) Report Updated: Jun 17, 2017 | Print This Page

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Approach Resources Inc. (AREX)

Rating: Buy Volatility: Aggressive
Total Grade: B Industry: Oil Gas & Consumable Fuels
Competitors: MPC,REX,REN,SRLP

Stock Analysis

Rating: Monthly View

June July August September October November December January February March April May

Rating: Weekly View

This Week: B down upgrade
Last Week: C same no change
Two Weeks Ago: C up no change
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Approach Resources Inc.© quotemedia

Company Profile

Approach Resources Inc., an independent energy company, focuses on the exploration, development, production, and acquisition of unconventional oil and gas reserves in the United States. 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, 2014, it had estimated proved reserves of approximately 146.2 million barrels of oil equivalent in Crockett and Schleicher counties, Texas; and owned and operated 729 producing oil and gas wells in the Permian Basin. Approach Resources Inc. was incorporated in 2002 and is headquartered in Fort Worth, Texas.