|Day Low/High||2.97 / 3.24|
|52 Wk Low/High||1.93 / 4.21|
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.
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.
Privately-Negotiated Debt-for-Equity Exchange of $130 Million of 7.00% Senior Notes due 2021
Loose regulations and rejection of the climate agreement bring uncertainty to the sector.
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. (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. (NASDAQ: AREX) today reported results for third quarter 2016.
Such unwarranted fears have depressed the sector, which could bounce back after Nov. 8.
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. (NASDAQ: AREX) today reported results for second quarter 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.
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. (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.
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