Approach Resources Inc. (AREX) insider have most recently took part in a trading activity. On Jun 22, 2017 Wilks Brothers, Llc, bought 100,000 shares having total worth of $242,000 at the price of $2.42 per share, following the transaction a total of 35,789,300 shares owned by Wilks Brothers, Llc. Before this latest buy, Wilks Brothers, Llc purchased AREX at 11 other times during the past twelve months, for a total investment of $70.93M at an average of $2.79 per share.
The stock has experienced a total of 12 insider trades in the past three months. These trades include 12 buy trades. Furthermore, over the past 12 months , the stock was traded 12 times by insiders. an employee of the company was the buyer in 12 instances.
|Time Frame||Number of Insider Buy||Number of Insider Sell||Stock Price Change(%)|
Shares of Approach Resources Inc. (AREX) traded down 0.84% on Jun 22, 2017, hitting $2.37. 808,318 shares of the company’s stock traded hands. Approach Resources Inc. has a 52 week low of $0.66 and a 52 week high of $4.12. The company’s market cap is $112 million.
Approach Resources Inc. (AREX) last announced its earnings results on May 4, 2017. The company reported -0.11 earnings per share (EPS) for the quarter, same as the consensus estimate of -0.11. The company had revenue of $26 million for the quarter, compared to the consensus estimate of $26 million. During the same quarter in the previous year, the company posted -0.32 earnings per share. The company’s revenue for the quarter was up 50% on a year-over-year basis.
|earnings per share||-0.11||-0.23||0.00||-0.25||-0.32||-0.12||-0.14||-0.07||-0.03||0.08|
Approach Resources, Inc., is an independent energy company engaged in the exploration, development, production and acquisition of unconventional natural gas and oil properties in the United States and British Columbia. The company focuses on natural gas and oil reserves in tight sands and shale. Approach Resources currently operates or has interests in the following areas: West Texas; East Texas; Southwest Kentucky; Northeast British Columbia; Northern New Mexico.
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