Approach Resources Inc. (AREX)

3.23
0.22 7.31
NASDAQ : Energy Minerals
Prev Close 3.01
Open 3.04
Day Low/High 2.97 / 3.24
52 Wk Low/High 1.93 / 4.21
Volume 438.88K
Avg Volume 625.50K
Exchange NASDAQ
Shares Outstanding 94.09M
Market Cap 284.14M
EPS -1.30
P/E Ratio N/A
Div & Yield N.A. (N.A)

Latest News

Noteworthy Monday Option Activity: AREX, ABEO, WDC

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Approach Resources Inc , where a total of 6,036 contracts have traded so far, representing approximately 603,600 underlying shares. That amounts to about 52.3% of AREX's average daily trading volume over the past month of 1.2 million shares.

Commit To Purchase Approach Resources At $2, Earn 18.4% Annualized Using Options

Commit To Purchase Approach Resources At $2, Earn 18.4% Annualized Using Options

Investors eyeing a purchase of Approach Resources Inc shares, but cautious about paying the going market price of $3.19/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $2 strike, which has a bid at the time of this writing of 20 cents.

Approach Resources Inc. Announces Close Of Strategic Alliance And Deleveraging Transaction

Privately-Negotiated Debt-for-Equity Exchange of $130 Million of 7.00% Senior Notes due 2021

Trump's Rejection of Paris Climate Accord and Energy Plan Likely Unsettled the Sector

Trump's Rejection of Paris Climate Accord and Energy Plan Likely Unsettled the Sector

Loose regulations and rejection of the climate agreement bring uncertainty to the sector.

Approach Resources Announces Reaffirmation Of Borrowing Base Of $325 Million

Approach Resources Announces Reaffirmation Of Borrowing Base Of $325 Million

Approach Resources Inc. (NASDAQ: AREX) today announced that it has completed its fall 2016 semiannual borrowing base redetermination of its revolving credit facility.

Approach Resources Inc. Announces Strategic Alliance And Deleveraging Transactions

Approach Resources Inc. Announces Strategic Alliance And Deleveraging Transactions

Approach Resources Inc. (NASDAQ: AREX) ("Approach" or the "Company") today announced an agreement to substantially reduce the Company's long-term debt through exchange transactions anchored by a proven oil and gas industry...

Approach Resources Inc. Reports Third Quarter 2016 Results

Approach Resources Inc. Reports Third Quarter 2016 Results

Approach Resources Inc. (NASDAQ: AREX) today reported results for third quarter 2016.

Take a Chill Pill: If Clinton Wins, Drug-Price Controls Aren't Guaranteed

Take a Chill Pill: If Clinton Wins, Drug-Price Controls Aren't Guaranteed

Such unwarranted fears have depressed the sector, which could bounce back after Nov. 8.

Shark Bites: Vonage Is Still Connecting

Market should just break down and get it over with.

Approach Resources Inc. Schedules Third Quarter 2016 Conference Call For Thursday, November 3, 2016

Approach Resources Inc. Schedules Third Quarter 2016 Conference Call For Thursday, November 3, 2016

Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Thursday, November 3, 2016, at 10:00 AM CT (11:00 AM ET) to discuss third quarter 2016 financial and operating results.

Approach Resources Inc. Reports Second Quarter 2016 Results

Approach Resources Inc. Reports Second Quarter 2016 Results

Approach Resources Inc. (NASDAQ: AREX) today reported results for second quarter 2016.

Approach Resources Inc. Schedules Second Quarter 2016 Conference Call For Thursday, August 4, 2016

Approach Resources Inc. Schedules Second Quarter 2016 Conference Call For Thursday, August 4, 2016

Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Thursday, August 4, 2016, at 10:00 AM CT (11:00 AM ET) to discuss second quarter 2016 financial and operating results.

The AREX Paradox: Analysts Bearish But Forecast 94.17% Gains

The AREX Paradox: Analysts Bearish But Forecast 94.17% Gains

Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Approach Resources Inc . The average 12-month price target for AREX — averaging the work of 7 analysts — reveals an average price target of $4.00/share.

Approach Resources Inc. To Participate In Upcoming Conferences

Approach Resources Inc. To Participate In Upcoming Conferences

Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in one-on-one investor meetings at the Wells Fargo West Coast Energy Conference on Tuesday, June 21, 2016.

TheStreet Quant Rating: D (Sell)