AREX stock forecast
Our latest prediction for Approach Resources, Inc.'s stock price was made on the Jan. 12, 2018 when the stock price was at 3.91$.
In the short term (2weeks), AREX's stock price should outperform the market by 2.67%. During that period the price should oscillate between -8.10% and +11.32%.
In the medium term (3months), AREX's stock price should outperform the market by 7.71%. During that period the price should oscillate between -15.03% and +27.80%.Get email alerts
About Approach Resources, Inc.
Approach Resources, Inc. engages in the exploration, development, production and acquisition of oil and gas properties. It focuses on oil and natural gas reserves in oil shale and tight sands located in the Permian Basin in West Texas. It holds interests in the East Texas Basin and the Chama Basin in Northern New Mexico. The firm operates in one business segment, the exploration and production of oil, NGLs and natural gas. The company was founded by J. Ross Craft in September 2002 and is headquartered in Fort Worth, TX.
At the moment the company generates 120M USD in revenues.
On its last earning announcement, the company reported a profit of 0.38$ per share.
The book value per share is 6.26$
Three months stock forecastJan. 12, 2018
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