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Approach Resources (NASDAQ: AREX ) appoints Sergei Krylov, current CFO of the company as the new CEO, who succeeds Ross Craft after his resignation as the Chairman & CEO; Mr. Krylov will continue to serve as the CFO More news on: Approach Resources, Inc., Read...
Approach Resources Inc. (NASDAQ: AREX) (“Approach” or the “Company”) today announced that Sergei Krylov, who has served as the Company’s Executive Vice President and Chief Financial Officer since joining the Company in January 2014, has been appointed Chi...
Approach Resources ( AREX ) is facing the additional complication of very low Permian natural gas prices. Given that natural gas makes up a high percentage of its total production, this is negating the effect of improving oil prices on its results. Approach Resources' leverage (based on the ...
Approach Resources ( AREX ) is trapped by its high fixed costs , which result in it needing to increase production significantly to reduce the per BOE impact of those fixed costs. However, the fall in oil prices and the large WAHA differential (along with limited liquidity) has resulted in ...
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Approach Resources, Inc. (AREX) Q4 2018 Earnings Conference Call March 19, 2019, 11:00 ET Company Participants Ross Craft - Founder, Chairman & CEO Qingming Yang - President & COO Sergei Krylov - EVP& CFO Conference Call Participants Presentation Operator ...
Thinly traded Approach Resources ( AREX -15.7% ) reports Q4 production of 963 MBoe, -10% Y/Y (10.5 MBoe/d), with 26% oil, 35% NGLs and 39% natural gas More news on: Approach Resources, Inc., Earnings news and commentary, , Read more ...
Approach Resources (NASDAQ: AREX ): Q4 Non-GAAP EPS of $0.07 beats by $0.13; GAAP EPS of $0.01. More news on: Approach Resources, Inc., Earnings news and commentary, Energy stocks news, , Read more ...
Approach Resources Inc. (NASDAQ: AREX) today reported financial and operational results for the fourth quarter and full-year 2018, estimated year-end 2018 proved reserves and provided an update on its efforts to pursue deleveraging alternatives. Fourth Quarter 2018 Highlights F...
Approach Resources Inc. (“Approach” or the “Company”) (NASDAQ: AREX), today announced plans to host a conference call on Tuesday, March 19, 2019 at 10:00 AM CT (11:00 ET) to discuss fourth quarter and full year 2018 operational and financial results. Those w...
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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...