Approach Resources Overview

  • Founded
  • 2002
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 99
Employees
  • Latest Deal Type
  • M&A
  • Financing Rounds
  • 10
  • Investments
  • 3

Approach Resources General Information

Description

Approach Resources Inc is an independent energy company which focuses on the exploration, development, production, and acquisition of unconventional oil and gas reserves in the Midland Basin of the greater Permian Basin in West Texas. The company's proved reserves are primarily located in Crockett and Schleicher Counties, Texas. It operates through the single business segment being the Exploration and production of oil, NGLs (natural gas liquids) and natural gas. The company's exploration properties include Permian Basin-Project Pangea, East Texas Basin-North Bald Prairie and Proved Oil and Gas Reserves.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Energy Exploration
Other Industries
Energy Production
Acquirer
Zarvona Energy
Primary Office
  • One Ridgmar Centre, 6500 West Freeway
  • Suite 800
  • Fort Worth, TX 76116
  • United States
Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial
Want to dig into this profile?

We’ll help you find what you need

Learn more

Approach Resources Valuation & Funding

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

This information is available in the PitchBook Platform. To explore Approach Resources‘s full profile, request access.

Request a free trial

Approach Resources Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Approach Resources Inc is an independent energy company which focuses on the exploration, development, production, and a
Energy Exploration
Fort Worth, TX
99 As of 2018
000.00
0000 0000-00-00
000000&0

00000000

consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nu
000000 00000000000
Oklahoma City, OK
0000 As of 0000
00000
000000000 00000

0000 000

t, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis
000000 00000000000
Houston, TX
000 As of 0000
00000
0000 0000-00-00
000000000000 00000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Approach Resources Competitors (33)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Chesapeake Energy Corporation Oklahoma City, OK 0000 00000 000000000 00000
0000 00000000 Private Equity-Backed Houston, TX 000 00000 000000000000 00000
00000000 000000 Corporation Houston, TX 00000 0000000000.
000000000 00000000 Corporation Houston, TX 00 00000 000000000 00000
0000000 000000000 Corporation San Antonio, TX 00 00000 000000&0
You’re viewing 5 of 33 competitors. Get the full list »

Approach Resources Executive Team (8)

Name Title Board Seat Contact Info
Sergei Krylov Chief Executive Officer & President
You’re viewing 1 of 8 executive team members. Get the full list »

Approach Resources Board Members (10)

Name Representing Role Since
0000 0000 Approach Resources Board Member 000 0000
You’re viewing 1 of 10 board members. Get the full list »

Approach Resources Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Approach Resources Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Approach Resources‘s full profile, request access.

Request a free trial

Approach Resources Investments (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 00000 01-Nov-2017 000000000 000.00 Other Energy
00000000 000 07-Nov-2007 0000000000 Energy Exploration 0. 0000 0
Wildcat Permian Services Buyout/LBO Energy Storage
To view Approach Resources’s complete investments history, request access »

Approach Resources Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000 0000000 00 0000000000 Completed
  • 5 buyers
To view Approach Resources’s complete exits history, request access »