NASDAQ GS AREX (Common Stock)
$2.59  0.02


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Approach Resources Inc. (NASDAQ: AREX) is an independent oil and gas company headquartered in Fort Worth, Texas. Our operations are focused on exploration, development, production and acquisition of oil and gas properties. We own a leading position in the southern Midland Basin of the greater Permian Basin in West Texas, where we are developing the horizontal Wolfcamp shale oil play.

Investment Highlights

2017 News Releases


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2017 | 2016 | 2015 | 2014 | 2013

DateTitle 
11.01.17Approach Resources Inc. Reports Third Quarter 2017 Results and Bolt-On Acquisition
FORT WORTH, Texas, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported third quarter 2017 financial and operational results and a bolt-on acquisition. Third Quarter 2017 Highlights   Produced 11.5 MBoe/d, despite negative impact of 500 Boe/d from Hurricane Harvey Strong well results from two new completions, outperforming a 700 MBoe type curve Net loss was $8.5 million or $0.10 per diluted share.  Adjusted net loss (non-GAAP)  was $6.5 million,... 
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10.19.17Approach Resources Inc. Schedules Third Quarter 2017 Earnings Call, Provides Operational and Guidance Update
FORT WORTH, Texas, Oct. 19, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (“Approach” or the “Company”) (NASDAQ:AREX), has scheduled an earnings call to discuss third quarter results of operations for November 2, 2017.  The Company also provided an update on recent well results and updated estimates for third quarter and full year 2017.  The Company remains on track to deliver full-year production volumes consistent with the lower end of previously announced guidance, despite impa... 
Printer Friendly Version
08.02.17Approach Resources Inc. Reports Second Quarter 2017 Results, Resumes Production Growth
FORT WORTH, Texas, Aug. 02, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported second quarter 2017 financial and operational results. Second Quarter 2017 Highlights   Produced 11.9 MBoe/d, exceeding guidance for the quarter, and resumed production growth Lease operating expense of $3.92 per Boe, below guidance Drilled eight horizontal wells and completed five horizontal wells Average producing rate of the five new completions performing in line with a ... 
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07.13.17Approach Resources Inc. Schedules Second Quarter 2017 Earnings Conference Call for Thursday, August 3, 2017
FORT WORTH, Texas, July 13, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) will host a conference call on Thursday, August 3, 2017, at 9:00 AM CT (10:00 AM ET) to discuss second quarter 2017 financial and operating results. The Company plans to announce second quarter 2017 results on Wednesday, August 2, 2017, after close of trading. The conference call may be accessed via the Company’s website at www.approachresources.com  or by phone: Conference ID:  49023256 Participa... 
Printer Friendly Version
06.29.17Approach Resources Inc. added to membership of the Russell 2000 and 3000 Indexes
FORT WORTH, Texas, June 29, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (“Approach”) (NASDAQ:AREX), a pioneer in the development of the Wolfcamp shale play, today announced that it has been added as a member of the Russell 2000® and Russell 3000® Indexes, effective Monday, June 26, 2017.   “We are pleased with Approach’s addition to the Russell indexes,” said Ross Craft, Approach’s Chairman and Chief Executive Officer.  “This news comes less than four months after our successful strate... 
Printer Friendly Version
05.04.17Approach Resources Inc. Reports First Quarter 2017 Results
Fort Worth, Texas, May 04, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported results for first quarter 2017.  Highlights for first quarter 2017 include:  Production was 11.4 MBoe/d, exceeding first quarter guidance Revenues increased 50% from prior year quarter, to $26.4 million Drilled three horizontal wells and completed two horizontal wells Borrowing base reaffirmed at $325 million following spring redetermination Reduced the principal amount o... 
Printer Friendly Version
04.13.17Approach Resources Inc. Schedules First Quarter 2017 Conference Call for Friday, May 5, 2017
FORT WORTH, Texas, April 13, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) will host a conference call on Friday, May 5, 2017, at 9:00 AM CT (10:00 AM ET) to discuss first quarter 2017 financial and operating results. The Company plans to announce first quarter 2017 results on Thursday, May 4, 2017, after close of trading. The conference call may be accessed via the Company’s website at www.approachresources.com or by phone:             ... 
Printer Friendly Version
03.30.17Approach Resources Inc. to Present at 23rd Annual OGIS Conference
FORT WORTH, Texas, March 30, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced that Approach’s President and Chief Operating Officer, Qingming Yang, will present at the 23rd Annual Oil & Gas Investment Symposia hosted by the Independent Petroleum Association of America in New York, New York on Tuesday, April 4, 2017, at 11:20 AM EDT. The presentation slides and a webcast of the presentation will be available on the "Investors" section of the Company's websit... 
Printer Friendly Version
03.14.17Approach Resources Inc. Chairman and CEO to Present at Scotia Howard Weil 2017 Energy Conference
FORT WORTH, Texas, March 14, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced that Approach’s Chairman and Chief Executive Officer J. Ross Craft will present at the Scotia Howard Weil 45th Annual Energy Conference on Wednesday, March 29, 2017, at 10:20 AM CT.  Presentations from this conference are not being webcast; however, on the day of the presentation slides will be available on the Company’s website at www.approachresources.com. About Approach Resources ... 
Printer Friendly Version
03.09.17Approach Resources Inc. Reports 2016 Fourth Quarter and Full-Year Financial and Operating Results and Provides 2017 Outlook
FORT WORTH, Texas, March 09, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported financial and operational results for the fourth quarter and full-year 2016 and estimated 2016 proved reserves. Fourth Quarter 2016 Highlights Production was 12.0 MBoe/d, exceeding quarterly guidance Record low quarterly lease operating expense (“LOE”) of $3.40 per Boe Cash operating expenses decreased 14% from the prior-year quarter Revenues were $26.5 million, an increa... 
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02.23.17Approach Resources Inc. Schedules Fourth Quarter and Full-Year 2016 Conference Call for Friday, March 10, 2017
FORT WORTH, Texas, Feb. 23, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced plans to release fourth quarter and full year 2016 operational and financial results after the close of trading on Thursday, March 9, 2017.  Management will host a conference call on Friday, March 10, 2017, at 9:00 AM CT (10:00 AM ET) to discuss fourth quarter and full-year 2016 operational and financial results. The conference call may be accessed via the Company’s website at www.appr... 
Printer Friendly Version
01.30.17Approach Resources Inc. Announces Exchange Offer for Remaining 7.00% Senior Notes Due 2021
FORT WORTH, Texas, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) today announced the commencement of an offer (“Exchange Offer”) to exchange newly issued shares of its common stock, par value $0.01 per share (“Common Stock”) for $99,768,000 of outstanding 7.00% senior notes due 2021 (“Senior Notes”). Subject to the terms and conditions of the Exchange Offer, each holder of Senior Notes (each, a “Holder” and collectively, the “Holders”)... 
Printer Friendly Version
01.30.17Approach Resources Inc. Announces Executive Promotion
FORT WORTH, Texas, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) today announced that Qingming Yang has been promoted to President.  Mr. Yang has been leading Approach’s operations group as Chief Operating Officer since 2012.  The appointment reflects Mr. Yang’s record of leadership and results throughout his tenure at Approach.  Mr. Yang will keep his title of Chief Operating Officer. J. Ross Craft, the Company’s Chairman and Chief Ex... 
Printer Friendly Version
01.27.17Approach 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 FORT WORTH, Texas, Jan. 27, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) today announced the successful closing of the previously announced exchange transaction (the “Exchange Transaction”) with Wilks Brothers, LLC and SDW Investments, LLC (collectively, “Wilks”), entities beneficially owned by the Wilks Family Office, to exchange $130,552,000 principal ... 
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01.26.17Approach Resources Inc. Announces 82% Stockholder Approval of Exchange Transactions
FORT WORTH, Texas, Jan. 26, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) announced that at its special meeting held today, the Company’s stockholders voted to approve the issuance of shares of common stock of the Company, par value $0.01 per share (“Common Stock”) in connection with the Company’s exchange agreement (the “Exchange Agreement”) with Wilks Brothers, LLC and SDW Investments, LLC, which the Company announced on November 2, 2016. In ... 
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Keyword Search
 

2017 | 2016 | 2015 | 2014 | 2013

DateTitle 
11.01.17Approach Resources Inc. Reports Third Quarter 2017 Results and Bolt-On Acquisition
FORT WORTH, Texas, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported third quarter 2017 financial and operational results and a bolt-on acquisition. Third Quarter 2017 Highlights   Produced 11.5 MBoe/d, despite negative impact of 500 Boe/d from Hurricane Harvey Strong well results from two new completions, outperforming a 700 MBoe type curve Net loss was $8.5 million or $0.10 per diluted share.  Adjusted net loss (non-GAAP)  was $6.5 million,... 
Printer Friendly Version
10.19.17Approach Resources Inc. Schedules Third Quarter 2017 Earnings Call, Provides Operational and Guidance Update
FORT WORTH, Texas, Oct. 19, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (“Approach” or the “Company”) (NASDAQ:AREX), has scheduled an earnings call to discuss third quarter results of operations for November 2, 2017.  The Company also provided an update on recent well results and updated estimates for third quarter and full year 2017.  The Company remains on track to deliver full-year production volumes consistent with the lower end of previously announced guidance, despite impa... 
Printer Friendly Version
08.02.17Approach Resources Inc. Reports Second Quarter 2017 Results, Resumes Production Growth
FORT WORTH, Texas, Aug. 02, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported second quarter 2017 financial and operational results. Second Quarter 2017 Highlights   Produced 11.9 MBoe/d, exceeding guidance for the quarter, and resumed production growth Lease operating expense of $3.92 per Boe, below guidance Drilled eight horizontal wells and completed five horizontal wells Average producing rate of the five new completions performing in line with a ... 
Printer Friendly Version
07.13.17Approach Resources Inc. Schedules Second Quarter 2017 Earnings Conference Call for Thursday, August 3, 2017
FORT WORTH, Texas, July 13, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) will host a conference call on Thursday, August 3, 2017, at 9:00 AM CT (10:00 AM ET) to discuss second quarter 2017 financial and operating results. The Company plans to announce second quarter 2017 results on Wednesday, August 2, 2017, after close of trading. The conference call may be accessed via the Company’s website at www.approachresources.com  or by phone: Conference ID:  49023256 Participa... 
Printer Friendly Version
06.29.17Approach Resources Inc. added to membership of the Russell 2000 and 3000 Indexes
FORT WORTH, Texas, June 29, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (“Approach”) (NASDAQ:AREX), a pioneer in the development of the Wolfcamp shale play, today announced that it has been added as a member of the Russell 2000® and Russell 3000® Indexes, effective Monday, June 26, 2017.   “We are pleased with Approach’s addition to the Russell indexes,” said Ross Craft, Approach’s Chairman and Chief Executive Officer.  “This news comes less than four months after our successful strate... 
Printer Friendly Version
05.04.17Approach Resources Inc. Reports First Quarter 2017 Results
Fort Worth, Texas, May 04, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported results for first quarter 2017.  Highlights for first quarter 2017 include:  Production was 11.4 MBoe/d, exceeding first quarter guidance Revenues increased 50% from prior year quarter, to $26.4 million Drilled three horizontal wells and completed two horizontal wells Borrowing base reaffirmed at $325 million following spring redetermination Reduced the principal amount o... 
Printer Friendly Version
04.13.17Approach Resources Inc. Schedules First Quarter 2017 Conference Call for Friday, May 5, 2017
FORT WORTH, Texas, April 13, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) will host a conference call on Friday, May 5, 2017, at 9:00 AM CT (10:00 AM ET) to discuss first quarter 2017 financial and operating results. The Company plans to announce first quarter 2017 results on Thursday, May 4, 2017, after close of trading. The conference call may be accessed via the Company’s website at www.approachresources.com or by phone:             ... 
Printer Friendly Version
03.30.17Approach Resources Inc. to Present at 23rd Annual OGIS Conference
FORT WORTH, Texas, March 30, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced that Approach’s President and Chief Operating Officer, Qingming Yang, will present at the 23rd Annual Oil & Gas Investment Symposia hosted by the Independent Petroleum Association of America in New York, New York on Tuesday, April 4, 2017, at 11:20 AM EDT. The presentation slides and a webcast of the presentation will be available on the "Investors" section of the Company's websit... 
Printer Friendly Version
03.14.17Approach Resources Inc. Chairman and CEO to Present at Scotia Howard Weil 2017 Energy Conference
FORT WORTH, Texas, March 14, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced that Approach’s Chairman and Chief Executive Officer J. Ross Craft will present at the Scotia Howard Weil 45th Annual Energy Conference on Wednesday, March 29, 2017, at 10:20 AM CT.  Presentations from this conference are not being webcast; however, on the day of the presentation slides will be available on the Company’s website at www.approachresources.com. About Approach Resources ... 
Printer Friendly Version
03.09.17Approach Resources Inc. Reports 2016 Fourth Quarter and Full-Year Financial and Operating Results and Provides 2017 Outlook
FORT WORTH, Texas, March 09, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported financial and operational results for the fourth quarter and full-year 2016 and estimated 2016 proved reserves. Fourth Quarter 2016 Highlights Production was 12.0 MBoe/d, exceeding quarterly guidance Record low quarterly lease operating expense (“LOE”) of $3.40 per Boe Cash operating expenses decreased 14% from the prior-year quarter Revenues were $26.5 million, an increa... 
Printer Friendly Version
02.23.17Approach Resources Inc. Schedules Fourth Quarter and Full-Year 2016 Conference Call for Friday, March 10, 2017
FORT WORTH, Texas, Feb. 23, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced plans to release fourth quarter and full year 2016 operational and financial results after the close of trading on Thursday, March 9, 2017.  Management will host a conference call on Friday, March 10, 2017, at 9:00 AM CT (10:00 AM ET) to discuss fourth quarter and full-year 2016 operational and financial results. The conference call may be accessed via the Company’s website at www.appr... 
Printer Friendly Version
01.30.17Approach Resources Inc. Announces Exchange Offer for Remaining 7.00% Senior Notes Due 2021
FORT WORTH, Texas, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) today announced the commencement of an offer (“Exchange Offer”) to exchange newly issued shares of its common stock, par value $0.01 per share (“Common Stock”) for $99,768,000 of outstanding 7.00% senior notes due 2021 (“Senior Notes”). Subject to the terms and conditions of the Exchange Offer, each holder of Senior Notes (each, a “Holder” and collectively, the “Holders”)... 
Printer Friendly Version
01.30.17Approach Resources Inc. Announces Executive Promotion
FORT WORTH, Texas, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) today announced that Qingming Yang has been promoted to President.  Mr. Yang has been leading Approach’s operations group as Chief Operating Officer since 2012.  The appointment reflects Mr. Yang’s record of leadership and results throughout his tenure at Approach.  Mr. Yang will keep his title of Chief Operating Officer. J. Ross Craft, the Company’s Chairman and Chief Ex... 
Printer Friendly Version
01.27.17Approach 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 FORT WORTH, Texas, Jan. 27, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) today announced the successful closing of the previously announced exchange transaction (the “Exchange Transaction”) with Wilks Brothers, LLC and SDW Investments, LLC (collectively, “Wilks”), entities beneficially owned by the Wilks Family Office, to exchange $130,552,000 principal ... 
Printer Friendly Version
01.26.17Approach Resources Inc. Announces 82% Stockholder Approval of Exchange Transactions
FORT WORTH, Texas, Jan. 26, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) announced that at its special meeting held today, the Company’s stockholders voted to approve the issuance of shares of common stock of the Company, par value $0.01 per share (“Common Stock”) in connection with the Company’s exchange agreement (the “Exchange Agreement”) with Wilks Brothers, LLC and SDW Investments, LLC, which the Company announced on November 2, 2016. In ... 
Printer Friendly Version
Keyword Search
 

2017 | 2016 | 2015 | 2014 | 2013

DateTitle 
11.01.17Approach Resources Inc. Reports Third Quarter 2017 Results and Bolt-On Acquisition
FORT WORTH, Texas, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported third quarter 2017 financial and operational results and a bolt-on acquisition. Third Quarter 2017 Highlights   Produced 11.5 MBoe/d, despite negative impact of 500 Boe/d from Hurricane Harvey Strong well results from two new completions, outperforming a 700 MBoe type curve Net loss was $8.5 million or $0.10 per diluted share.  Adjusted net loss (non-GAAP)  was $6.5 million,... 
Printer Friendly Version
10.19.17Approach Resources Inc. Schedules Third Quarter 2017 Earnings Call, Provides Operational and Guidance Update
FORT WORTH, Texas, Oct. 19, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (“Approach” or the “Company”) (NASDAQ:AREX), has scheduled an earnings call to discuss third quarter results of operations for November 2, 2017.  The Company also provided an update on recent well results and updated estimates for third quarter and full year 2017.  The Company remains on track to deliver full-year production volumes consistent with the lower end of previously announced guidance, despite impa... 
Printer Friendly Version
08.02.17Approach Resources Inc. Reports Second Quarter 2017 Results, Resumes Production Growth
FORT WORTH, Texas, Aug. 02, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported second quarter 2017 financial and operational results. Second Quarter 2017 Highlights   Produced 11.9 MBoe/d, exceeding guidance for the quarter, and resumed production growth Lease operating expense of $3.92 per Boe, below guidance Drilled eight horizontal wells and completed five horizontal wells Average producing rate of the five new completions performing in line with a ... 
Printer Friendly Version
07.13.17Approach Resources Inc. Schedules Second Quarter 2017 Earnings Conference Call for Thursday, August 3, 2017
FORT WORTH, Texas, July 13, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) will host a conference call on Thursday, August 3, 2017, at 9:00 AM CT (10:00 AM ET) to discuss second quarter 2017 financial and operating results. The Company plans to announce second quarter 2017 results on Wednesday, August 2, 2017, after close of trading. The conference call may be accessed via the Company’s website at www.approachresources.com  or by phone: Conference ID:  49023256 Participa... 
Printer Friendly Version
06.29.17Approach Resources Inc. added to membership of the Russell 2000 and 3000 Indexes
FORT WORTH, Texas, June 29, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (“Approach”) (NASDAQ:AREX), a pioneer in the development of the Wolfcamp shale play, today announced that it has been added as a member of the Russell 2000® and Russell 3000® Indexes, effective Monday, June 26, 2017.   “We are pleased with Approach’s addition to the Russell indexes,” said Ross Craft, Approach’s Chairman and Chief Executive Officer.  “This news comes less than four months after our successful strate... 
Printer Friendly Version
05.04.17Approach Resources Inc. Reports First Quarter 2017 Results
Fort Worth, Texas, May 04, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported results for first quarter 2017.  Highlights for first quarter 2017 include:  Production was 11.4 MBoe/d, exceeding first quarter guidance Revenues increased 50% from prior year quarter, to $26.4 million Drilled three horizontal wells and completed two horizontal wells Borrowing base reaffirmed at $325 million following spring redetermination Reduced the principal amount o... 
Printer Friendly Version
04.13.17Approach Resources Inc. Schedules First Quarter 2017 Conference Call for Friday, May 5, 2017
FORT WORTH, Texas, April 13, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) will host a conference call on Friday, May 5, 2017, at 9:00 AM CT (10:00 AM ET) to discuss first quarter 2017 financial and operating results. The Company plans to announce first quarter 2017 results on Thursday, May 4, 2017, after close of trading. The conference call may be accessed via the Company’s website at www.approachresources.com or by phone:             ... 
Printer Friendly Version
03.30.17Approach Resources Inc. to Present at 23rd Annual OGIS Conference
FORT WORTH, Texas, March 30, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced that Approach’s President and Chief Operating Officer, Qingming Yang, will present at the 23rd Annual Oil & Gas Investment Symposia hosted by the Independent Petroleum Association of America in New York, New York on Tuesday, April 4, 2017, at 11:20 AM EDT. The presentation slides and a webcast of the presentation will be available on the "Investors" section of the Company's websit... 
Printer Friendly Version
03.14.17Approach Resources Inc. Chairman and CEO to Present at Scotia Howard Weil 2017 Energy Conference
FORT WORTH, Texas, March 14, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced that Approach’s Chairman and Chief Executive Officer J. Ross Craft will present at the Scotia Howard Weil 45th Annual Energy Conference on Wednesday, March 29, 2017, at 10:20 AM CT.  Presentations from this conference are not being webcast; however, on the day of the presentation slides will be available on the Company’s website at www.approachresources.com. About Approach Resources ... 
Printer Friendly Version
03.09.17Approach Resources Inc. Reports 2016 Fourth Quarter and Full-Year Financial and Operating Results and Provides 2017 Outlook
FORT WORTH, Texas, March 09, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported financial and operational results for the fourth quarter and full-year 2016 and estimated 2016 proved reserves. Fourth Quarter 2016 Highlights Production was 12.0 MBoe/d, exceeding quarterly guidance Record low quarterly lease operating expense (“LOE”) of $3.40 per Boe Cash operating expenses decreased 14% from the prior-year quarter Revenues were $26.5 million, an increa... 
Printer Friendly Version
02.23.17Approach Resources Inc. Schedules Fourth Quarter and Full-Year 2016 Conference Call for Friday, March 10, 2017
FORT WORTH, Texas, Feb. 23, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced plans to release fourth quarter and full year 2016 operational and financial results after the close of trading on Thursday, March 9, 2017.  Management will host a conference call on Friday, March 10, 2017, at 9:00 AM CT (10:00 AM ET) to discuss fourth quarter and full-year 2016 operational and financial results. The conference call may be accessed via the Company’s website at www.appr... 
Printer Friendly Version
01.30.17Approach Resources Inc. Announces Exchange Offer for Remaining 7.00% Senior Notes Due 2021
FORT WORTH, Texas, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) today announced the commencement of an offer (“Exchange Offer”) to exchange newly issued shares of its common stock, par value $0.01 per share (“Common Stock”) for $99,768,000 of outstanding 7.00% senior notes due 2021 (“Senior Notes”). Subject to the terms and conditions of the Exchange Offer, each holder of Senior Notes (each, a “Holder” and collectively, the “Holders”)... 
Printer Friendly Version
01.30.17Approach Resources Inc. Announces Executive Promotion
FORT WORTH, Texas, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) today announced that Qingming Yang has been promoted to President.  Mr. Yang has been leading Approach’s operations group as Chief Operating Officer since 2012.  The appointment reflects Mr. Yang’s record of leadership and results throughout his tenure at Approach.  Mr. Yang will keep his title of Chief Operating Officer. J. Ross Craft, the Company’s Chairman and Chief Ex... 
Printer Friendly Version
01.27.17Approach 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 FORT WORTH, Texas, Jan. 27, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) today announced the successful closing of the previously announced exchange transaction (the “Exchange Transaction”) with Wilks Brothers, LLC and SDW Investments, LLC (collectively, “Wilks”), entities beneficially owned by the Wilks Family Office, to exchange $130,552,000 principal ... 
Printer Friendly Version
01.26.17Approach Resources Inc. Announces 82% Stockholder Approval of Exchange Transactions
FORT WORTH, Texas, Jan. 26, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) announced that at its special meeting held today, the Company’s stockholders voted to approve the issuance of shares of common stock of the Company, par value $0.01 per share (“Common Stock”) in connection with the Company’s exchange agreement (the “Exchange Agreement”) with Wilks Brothers, LLC and SDW Investments, LLC, which the Company announced on November 2, 2016. In ... 
Printer Friendly Version

IR Contacts

Request more information here.



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Sergei Krylov

Executive Vice President & Chief Financial Officer

ir@approachresources.com

Tel: 817.989.9000

Suzanne Ogle

Vice President – Investor
Relations & Corporate Communications

sogle@approachresources.com

Tel: 817.989.9000

 
 
NASDAQ GS AREX (Common Stock)
$2.59  0.02

DATA AS OF
December 15, 2017 4:00 p.m. ET

Data provided by Nasdaq. Minimum 15 minutes delayed.
Contact Us
  • Approach Resources Inc.
    One Ridgmar Centre
    6500 West Freeway, Ste 800
    Fort Worth, Texas 76116USA
  • Workp 1 (817) 989-9000
  • Faxf 1 (817) 989-9001