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Approach Resources

Approach Resources?uq=3Oe4kK1Z
2002 FOUNDED
PUBLIC STATUS
91-100 EMPLOYEES
AREX STOCK SYMBOL
3 INVESTMENTS
$1.30 SHARE PRICE (As of Tuesday Closing)
Description

Owner and operator of an energy. The company engages in the exploration, development, production and acquisition of unconventional natural gas and oil properties and focuses on operational efficiency, reservoir management and geological expertise in unconventional oil and gas properties which will enhance value and performance, enabling clients to reduce facilities costs and surface impact.

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Energy Exploration
Other Industries
Energy Production
Stock Exchange
NAS
Primary Office
  • One Ridgmar Centre
  • 6500 West Freeway, Suite 800
  • Fort Worth, TX 76116
  • United States

+1 (817) 000-0000
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Approach Resources Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$1.21 - $3.93 $114M $1.21 $0.38 228K 94.5M

Approach Resources Financials Summary

In Thousands,
USD
TTM
30-Sep-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
FY 2015
31-Dec-2015
Enterprise Value 602,317 631,273 637,898 590,325
Revenue 120,077 105,349 90,302 131,336
EBITDA 53,867 55,636 29,642 (133,124)
Net Income 25,038 (112,359) (52,243) (174,104)
Total Assets 1,097,341 1,099,576 1,104,555 1,174,984
Total Debt 390,034 373,460 498,349 496,587
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Approach Resources Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Approach Resources Investments (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 000000 000 01-Nov-2017 000000000 00000 00 000.00 Buildings and Property
00000000 000 & 000 07-Nov-2007 0000000000 Energy Exploration 0. 0000 00000
Wildcat Permian Services Buyout/LBO Energy Storage
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Approach Resources Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000 0000000 00 0000000000 Completed
  • 5 buyers
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Approach Resources Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Approach Resources Executive Team (6)

Name Title Board
Seat
Contact
Info
J. Ross Craft Chairman & Chief Executive Officer
Qingming Yang Ph.D Chief Operating Officer & President
Sergei Krylov Chief Financial Officer & Executive Vice President
J. Curtis Henderson JD Chief Administrative Officer

2 Former Executives

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Approach Resources Board Members (12)

Name Representing Role Since Contact
Info
0000 0000 Self Chairman, Audit Committee & Board Member 000 0000
0000 0000 Self Board Member 000 0000
00000 00000 Self Board Member 000 0000
0. 0000 00000 Approach Resources Chairman & Chief Executive Officer 000 0000
0000000 0000 Approach Resources Board Member 000 0000

4 Former Board Members

You’re viewing 5 of 12 board members. Get the full list »