25 Jan 2012director interest notice● Neutral
Approach Resources Inc director Christopher J. Whyte received 619 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
17 Jan 2012director interest notice● Neutral
Approach Resources Inc director James H Brandi bought 400 shares on the open market at $32.77.
4 Jan 2012director interest notice● Neutral
Approach Resources Inc director Alan D Bell received 2,001 shares as part of the equity award.
4 Jan 2012director interest notice● Neutral
Approach Resources Inc director James H Brandi received 1,941 shares as part of the equity award.
4 Jan 2012director interest notice● Neutral
Approach Resources Inc director James C Crain received 1,881 shares as part of the equity award.
4 Jan 2012director interest notice● Neutral
Approach Resources Inc director Sheldon B Lubar received 1,881 shares as part of the equity award.
4 Jan 2012director interest notice● Neutral
Approach Resources Inc director Christopher J. Whyte received 1,601 shares as part of the equity award.
21 Dec 2011material agreement● Neutral
A twelfth amendment, dated December 20, 2011, assigns BNP Paribas's lender position in the credit agreement to JPMorgan Chase, KeyBank, Royal Bank of Canada and Wells Fargo. No change to amounts or pricing is stated.
16 Nov 2011material agreement● NeutralMajor
On November 15, 2011 Approach agreed to sell 4,000,000 new common shares to underwriters led by J.P. Morgan Securities, with a 30-day option for 600,000 more; closing is scheduled November 21, 2011. Proceeds are meant mainly to fund development of its Wolffork oil shale play and working capital, with borrowings on the credit facility repaid in the meantime. New shares dilute existing holders, and this is the second share sale since November 2010.
16 Nov 2011securities registration● Neutral
Approach Resources Inc filed a prospectus supplement for an offering off its existing shelf.
14 Nov 2011securities registration● Neutral
Approach Resources Inc filed a prospectus supplement for an offering off its existing shelf.
7 Nov 2011director interest notice● Neutral
Approach Resources Inc Vice President - Engineering Buckler William Stanley III disposed of 4,154 shares via option/appreciation-right settlement.
7 Nov 2011quarterly activities report● Neutral
Approach Resources Inc reported a quarterly net income of $7.1 million for the period ended 2011-09-30.
3 Nov 2011quarterly activities report● Neutral
Approach Resources Inc reported a quarterly net income of $7.1 million for the period ended 2011-09-30.
11 Oct 2011debt financing▲ Good
An eleventh amendment, effective October 7, 2011, raises the borrowing base from $200 million to $260 million and adds Wells Fargo Bank as a sixth lender. The filing also furnishes an investor presentation for a Canaccord Genuity energy conference on October 12-13, 2011.
4 Oct 2011director interest notice● Neutral
Approach Resources Inc director James C Crain received 572 shares as part of the equity award.
4 Oct 2011director interest notice● Neutral
Approach Resources Inc director James H Brandi received 694 shares as part of the equity award.
4 Oct 2011director interest notice● Neutral
Approach Resources Inc director Christopher J. Whyte received 572 shares as part of the equity award.
4 Oct 2011director interest notice● Neutral
Approach Resources Inc director Sheldon B Lubar received 572 shares as part of the equity award.
4 Oct 2011director interest notice● Neutral
Approach Resources Inc director Alan D Bell received 816 shares as part of the equity award.
8 Aug 2011quarterly activities report● Neutral
Approach Resources Inc reported a quarterly net income of $8.0 million for the period ended 2011-06-30.
4 Aug 2011quarterly activities report● Neutral
Approach Resources Inc reported a quarterly net income of $8.0 million for the period ended 2011-06-30.
28 July 2011director interest notice● Neutral
Approach Resources Inc EVP - Bus. Dev. & Geosciences Qingming Yang had 2,645 shares withheld for taxes on vesting stock.
5 July 2011director interest notice● Neutral
Approach Resources Inc director James C Crain received 383 shares as part of the equity award.
5 July 2011director interest notice● Neutral
Approach Resources Inc director Alan D Bell received 547 shares as part of the equity award.
5 July 2011director interest notice● Neutral
Approach Resources Inc director Sheldon B Lubar received 383 shares as part of the equity award.
5 July 2011director interest notice● Neutral
Approach Resources Inc director James H Brandi received 465 shares as part of the equity award.
6 June 2011director interest notice● Neutral
Approach Resources Inc EVP & General Counsel J Curtis Henderson had 2,885 shares withheld for taxes on vesting stock.
6 June 2011director interest notice● Neutral
Approach Resources Inc EVP - Land Ralph P. Manoushagian had 1,443 shares withheld for taxes on vesting stock.
6 June 2011director interest notice● Neutral
Approach Resources Inc EVP & CFO Steven P. Smart had 2,885 shares withheld for taxes on vesting stock.