Approach Resources Inc. (AREX) insider have most recently took part in a trading activity. On Dec 20, 2017 Wilks Brothers, Llc, bought 600,000 shares having total worth of $1,686,000 at the price of $2.81 per share, following the transaction a total of 6,940,300 shares owned by Wilks Brothers, Llc. Before this latest buy, Wilks Brothers, Llc purchased AREX at 14 other times during the past twelve months, for a total investment of $103.9M at an average of $2.72 per share.
The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 15 times by insiders. an employee of the company was the buyer in 15 instances.
|Time Frame||Number of Insider Buy||Number of Insider Sell||Stock Price Change(%)|
Shares of Approach Resources Inc. (AREX) traded up 0.37% on Dec 20, 2017, hitting $2.74. 727,994 shares of the company’s stock traded hands. Approach Resources Inc. has a 52 week low of $1.43 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 Nov 1, 2017. The company reported 0.00 earnings per share (EPS) for the quarter, higher than the consensus estimate of -0.10 by $0.1., compared to the consensus estimate of $26 million. During the same quarter in the previous year, the company posted -0.23 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.
|earnings per share||0.00||-0.11||-0.11||-0.23||0.00||-0.25||-0.32||-0.12||-0.14||-0.07|
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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