2. Approach Resources, Inc. ( AREX, Earnings, Analysts, Financials): Engages in the acquisition, exploration, development, and production of oil and gas properties in the United States. Market cap at $911.09M, most recent closing price at $23.64. On 04/04/2012, Oppenheimer had a Outperform rating on the stock. Net institutional purchases in the current quarter at 4.2M shares, which represents about 13.25% of the company’s float of 31.69M shares.Note: AREX currently has negative earnings meaning investors must be really confident about the future profitability of this company.
4 Stocks With Institutional Buying And Nods From Oppenheimer
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