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Quote | Approach Resources Inc. (NASDAQ:AREX)
Last: | $ |
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Change Percent: | 4.29% |
Open: | $0.126 |
Close: | $0.12828 |
High: | $0.153 |
Low: | $0.115 |
Volume: | 1,891,043 |
Last Trade Date Time: | 10/15/2019 07:26:52 am |
News | Approach Resources Inc. (NASDAQ:AREX)
Approach Resources ( AREX ) is nearing the end of its bankruptcy case, having agreed to a stalking horse bid and with an auction proposed for later this month. I previously noted that Approach's credit facility was likely to not see a full recovery. The weakening oil and gas pricing envir...
Approach Resources ( AREX ) filed for bankruptcy recently after a string of amendments to its limited forbearance agreement. It received $16.5 million in new money DIP financing, and I would be surprised if there is any value left for its unsecured bonds. Approach's wells simply do not per...
Message Board Posts | Approach Resources Inc. (NASDAQ:AREX)
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Approach Resources Inc. (OTC: AREX) announced today that it, along with all of its subsidiaries, has commenced a voluntary Chapter 11 case in the United States Bankruptcy Court for the Southern District of Texas (Houston Division) to explore strategic alternatives, including, without limita...
Approach Resources Inc. (NASDAQ: AREX) today reported second quarter 2019 financial and operational results. Financial and operational results for second quarter 2019 Production of 875 MBoe or 9.6 MBoe/day Net loss was $13.6 million or $0.15 per diluted share, and adjusted n...
Approach Resources Inc. (“Approach” or the “Company”) (NASDAQ: AREX) , today announced plans to host a conference call on Friday, August 9, 2019 at 9:00 AM CT (10:00 ET) to discuss second quarter 2019 operational and financial results. Those wishing to liste...