5 Jan 2015director interest notice● Neutral
Approach Resources Inc Chief Operating Officer Qingming Yang disposed of 19,500 shares via option/appreciation-right settlement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Jan 2015director interest notice● Neutral
Approach Resources Inc Chairman, President & CEO J. Ross Craft disposed of 23,444 shares via option/appreciation-right settlement.
5 Jan 2015director interest notice● Neutral
Approach Resources Inc Chief Administrative Officer J Curtis Henderson disposed of 7,036 shares via option/appreciation-right settlement.
8 Dec 2014director interest notice● Neutral
Approach Resources Inc Chief Accounting Officer Uma L. Datla received 20,881 shares as part of the equity award.
13 Nov 2014director interest notice● Neutral
Approach Resources Inc director Vean J. Gregg III bought 10,000 shares on the open market at $11.88.
12 Nov 2014director interest notice● Neutral
Approach Resources Inc director Sheldon B Lubar bought 10,000 shares on the open market at $10.61.
6 Nov 2014director interest notice● Neutral
Approach Resources Inc director Vean J. Gregg III received 704 shares as part of the equity award.
6 Nov 2014director interest notice● Neutral
Approach Resources Inc director James C Crain received 264 shares as part of the equity award.
6 Nov 2014quarterly activities report● Neutral
Approach Resources Inc reported a quarterly net income of $27.0 million for the period ended 2014-12-31.
5 Nov 2014debt financing▲ GoodMajor
On Nov 4, 2014 Approach amended its May 2014 credit agreement, raising the borrowing base to $600 million from $450 million while keeping lender commitments at $450 million; the interest margin will now depend on use of the borrowing base rather than of commitments. The same filing carried Q3 2014 results (net income $22.4 million, revenues $68.1 million, production 14.2 MBoe/d, up 61% on the prior-year quarter) and a board change: Bryan Lawrence retired as Chairman but stays a director, CEO J. Ross Craft became Chairman, and Vean J. Gregg III became Lead Independent Director.
8 Oct 2014director interest notice● Neutral
Approach Resources Inc Chief Accounting Officer Uma L. Datla received 14,472 shares as part of the equity award.
3 Oct 2014director interest notice● Neutral
Approach Resources Inc director James C Crain received 896 shares as part of the equity award.
3 Oct 2014director interest notice● Neutral
Approach Resources Inc director Sheldon B Lubar received 896 shares as part of the equity award.
3 Oct 2014director interest notice● Neutral
Approach Resources Inc director Vean J. Gregg III received 896 shares as part of the equity award.
3 Oct 2014director interest notice● Neutral
Approach Resources Inc director Alan D Bell received 1,165 shares as part of the equity award.
3 Oct 2014director interest notice● Neutral
Approach Resources Inc director James H Brandi received 806 shares as part of the equity award.
3 Oct 2014director interest notice● Neutral
Approach Resources Inc director Christopher J. Whyte received 448 shares as part of the equity award.
24 Sept 2014substantial holder notice● Neutral
Cove Street Capital, LLC disclosed a new substantial Approach Resources Inc shareholding (5.38% of votes).
7 Aug 2014material agreement● Neutral
On August 4, 2014 Approach amended its January 1, 2011 gas purchase contract with DCP Midstream, LP, extending it through July 2023. The contract had previously run to January 2016 with annual renewals. The filing gives no other terms and says the amendment will be filed with the Q3 2014 10-Q.
5 Aug 2014quarterly activities report● Neutral
Approach Resources Inc reported a quarterly net income of $22.4 million for the period ended 2014-09-30.
5 Aug 2014quarterly activities report● Neutral
Approach Resources Inc reported a quarterly net income of $22.4 million for the period ended 2014-09-30.
3 July 2014director interest notice● Neutral
Approach Resources Inc director Sheldon B Lubar received 551 shares as part of the equity award.
3 July 2014director interest notice● Neutral
Approach Resources Inc director Alan D Bell received 716 shares as part of the equity award.
3 July 2014director interest notice● Neutral
Approach Resources Inc director Vean J. Gregg III received 551 shares as part of the equity award.
3 July 2014director interest notice● Neutral
Approach Resources Inc director James C Crain received 551 shares as part of the equity award.
3 July 2014director interest notice● Neutral
Approach Resources Inc director Christopher J. Whyte received 132 shares as part of the equity award.
29 May 2014director interest notice● Neutral
Approach Resources Inc Chief Accounting Officer Uma L. Datla received 2,583 shares as part of the equity award.
29 May 2014agm notice● Neutral
Approach Resources Inc shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
12 May 2014securities registration● Neutral
Approach Resources Inc filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
9 May 2014quarterly activities report● Neutral
Approach Resources Inc reported a quarterly net income of $3.8 million for the period ended 2014-06-30.