The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices
 

Approach Resources Inc

Nasdaq: AREX
Last

(U.S.) $2.74

Today's change+0.04 +1.48%
Updated September 20 4:00 PM EDT. Delayed by at least 15 minutes.
 

Approach Resources Inc

Nasdaq: AREX
Last

(U.S.) $2.74

Today's change+0.04 +1.48%
Updated September 20 4:00 PM EDT. Delayed by at least 15 minutes.

Approach Resources Inc crosses above 50-day moving average

Approach Resources Inc closed up Wednesday by (U.S.)$0.04 or 1.48% to (U.S.)$2.74 and crossing above its 50-day moving average. Over the last five days, shares have gained 0.37%, but are down 18.21% for the last year to date. Shares have underperformed the S&P 500 by 15.74% during the last year.

Key company metrics

  • Open(U.S.) $2.70
  • Previous close(U.S.) $2.70
  • High(U.S.) $2.78
  • Low(U.S.) $2.69
  • Bid / Ask(U.S.) $2.70 / (U.S.) $2.75
  • YTD % change-18.21%
  • Volume523,007
  • Average volume (10-day)473,416
  • Average volume (1-month)510,947
  • Average volume (3-month)741,918
  • 52-week range(U.S.) $1.93 to (U.S.) $4.33
  • Beta2.79
  • Trailing P/ENegative, not meaningful
  • P/E 1 year forwardNegative, not meaningful
  • Forward PEGNegative, not meaningful
  • Indicated annual dividend--
  • Dividend yield0.00%
  • Trailing EPS(U.S.) -$2.64
Updated September 20 4:00 PM EDT. Delayed by at least 15 minutes.

Profit

Net Profit (TTM)
-169.54%

Approach Resources Inc has a net profit margin of -169.54%. Besides being negative, it is also below the industry average and implies that this company is not effective at turning revenues into bottom line profit.
Company Books

S&P TSX0.63%Sector:EnergyIndustry:Oil & Gas Exploration & Production
  • Income Statement
  • Balance Sheet
  • Cash Flow
Quarter | Annual
Q2/2017Q1/2017Q4/2016Q3/2016
Fiscal Quarter Endvalues in (U.S.) $ millions unless otherwise notedJun 30, 201706/30/2017Mar 31, 201703/31/2017Dec 31, 201612/31/2016Sep 30, 201609/30/2016
Revenue25262724
Total other revenue--------
Total revenue25262724
Gross profit18202018
Total cost of revenue6766
Total operating expense35263432
Selling / general / administrative7676
Research & development2111
Depreciation / amortization20181919
Interest expense (income), net operating--------
Unusual expense (income)0-500
Other operating expenses, total--------
Operating income-100-7-8
Interest income (expense), net non-operating--------
Gain (loss) on sale of assets--------
Other--------
Income before tax-13-2-17-14
Income after tax-9-141-13-9
Income tax, total-5139-4-5
Net income-9-141-13-9
Total adjustments to net income--------
Net income before extra. items-9-141-13-9
Minority interest--------
Equity in affiliates--------
U.S. GAAP adjustment--------
Inc. avail. to common excl. extra. items-9-141-13-9
Inc. avail. to common incl. extra. items-9-141-13-9
Diluted net income-9-141-13-9
Dilution adjustment--------
Diluted weighted average shares86704242
Diluted EPS excluding extraordinary itemsvalue per share-0.10-2.00-0.32-0.22
Dividends per sharevalue per share0.000.00--0.00
Diluted normalized EPSvalue per share-0.10-2.05-0.32-0.22