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Approach Resources Inc

US:AREXQUS:AREX
No current share price held for this company.

Past year: ▼ 38%(0.47c – 5.15c USD)

Market cap
—
Shares on issue
—
Story beats
36 since 2007
Last event
6 Jan 2021

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

6 June 2013securities registration● Neutral

Approach Resources Inc filed a free-writing prospectus - marketing material for an offering in progress.

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3 June 2013securities registration● Neutral

Approach Resources Inc amended its automatic shelf registration statement.

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3 June 2013securities registration● Neutral

Approach Resources Inc filed a prospectus supplement for an offering off its existing shelf.

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31 May 2013agm 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).

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8 May 2013director interest notice● Neutral

Approach Resources Inc Chief Operating Officer Qingming Yang had 4,941 shares withheld for taxes on vesting stock.

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3 May 2013debt financing▲ Good

Effective May 1, 2013, a fifteenth credit agreement amendment raised the borrowing base to $315 million from $280 million, raised the lenders' maximum commitment to $500 million from $300 million, and pushed maturity out two years to July 31, 2016 (from July 2014). The same filing carries first-quarter 2013 results: production up 15% to 8.4 MBoe/d, revenues up 19% to $36.3 million, and a net loss of $347,000 ($0.01 per share) versus net income of $1.7 million a year earlier. It also says oil began flowing down the joint venture pipeline on April 3, 2013.

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3 May 2013quarterly activities report● Neutral

Approach Resources Inc reported a quarterly net income of $7.8 million for the period ended 2013-06-30.

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24 Apr 2013agm 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).

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15 Apr 2013quarterly activities report▼ Bad

Approach Resources Inc reported a quarterly net loss of $347 thousand for the period ended 2013-03-31.

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2 Apr 2013director interest notice● Neutral

Approach Resources Inc director James C Crain received 510 shares as part of the equity award.

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2 Apr 2013director interest notice● Neutral

Approach Resources Inc director Sheldon B Lubar received 510 shares as part of the equity award.

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2 Apr 2013director interest notice● Neutral

Approach Resources Inc director Christopher J. Whyte received 510 shares as part of the equity award.

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2 Apr 2013director interest notice● Neutral

Approach Resources Inc director Alan D Bell received 663 shares as part of the equity award.

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22 Feb 2013director interest notice● Neutral

Approach Resources Inc Chief Operating Officer Qingming Yang received 40,408 shares as part of the equity award.

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22 Feb 2013director interest notice● Neutral

Approach Resources Inc EVP & CFO Steven P. Smart received 25,714 shares as part of the equity award.

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22 Feb 2013quarterly activities report▼ Bad

Approach Resources Inc reported a quarterly net loss of $347 thousand for the period ended 2013-03-31.

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22 Feb 2013substantial holder notice● Neutral

The Vanguard Group reported a Approach Resources Inc shareholding of 2,095,566 shares (5.43% of votes) in a periodic institutional filing.

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22 Feb 2013director interest notice● Neutral

Approach Resources Inc EVP & General Counsel J Curtis Henderson received 33,061 shares as part of the equity award.

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22 Feb 2013director interest notice● Neutral

Approach Resources Inc EVP - Land Ralph P. Manoushagian received 18,367 shares as part of the equity award.

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22 Feb 2013director interest notice● Neutral

Approach Resources Inc President & CEO J. Ross Craft received 66,122 shares as part of the equity award.

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14 Feb 2013quarterly activities report▼ Bad

Approach Resources Inc reported a quarterly net loss of $347 thousand for the period ended 2013-03-31.

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13 Feb 2013substantial holder notice● Neutral

The Vanguard Group disclosed a new substantial Approach Resources Inc shareholding (5.37% of votes).

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7 Feb 2013substantial holder notice● Neutral

FIRST MANHATTAN CO reported a Approach Resources Inc shareholding of 4,276,671 shares (11.10% of votes) in a periodic institutional filing.

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6 Feb 2013substantial holder notice● Neutral

BlackRock, Inc reported a Approach Resources Inc shareholding of 2,580,416 shares (6.70% of votes) in a periodic institutional filing.

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6 Feb 2013substantial holder notice● Neutral

FIRST MANHATTAN CO reported a Approach Resources Inc shareholding of 3,536,181 shares (9.18% of votes) in a periodic institutional filing.

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24 Jan 2013director interest notice● Neutral

Approach Resources Inc Chief Operating Officer Qingming Yang had 5,124 shares withheld for taxes on vesting stock.

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3 Jan 2013director interest notice● Neutral

Approach Resources Inc director James H Brandi received 3,672 shares as part of the equity award.

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3 Jan 2013director interest notice● Neutral

Approach Resources Inc director Alan D Bell received 3,721 shares as part of the equity award.

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3 Jan 2013director interest notice● Neutral

Approach Resources Inc director James C Crain received 3,576 shares as part of the equity award.

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3 Jan 2013director interest notice● Neutral

Approach Resources Inc director Christopher J. Whyte received 3,576 shares as part of the equity award.

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