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Approach Resources Inc. (AREX)

(Delayed Data from NSDQ)

$0.31 USD

0.31
2,510,154

-0.01 (-2.61%)

Updated May 3, 2019 04:00 PM ET

After-Market: $0.30 (%) 5:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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NA

Industry: NA

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Zacks News

Phillips 66's Oil Pipeline JVs Seek Additional Shipper Vows

The pipeline projects of Phillips 66 (PSX) will assure producers in Bakken and Rockies that their increased production of crude oil volumes will be transported to key destinations in the United States and across the globe.

The Zacks Analyst Blog Highlights: Approach Resources, Berry Petroleum, Panhandle Oil and Gas, Royal Gold and Kinross Gold

The Zacks Analyst Blog Highlights: Approach Resources, Berry Petroleum, Panhandle Oil and Gas, Royal Gold and Kinross Gold

SWN or RRC: Which Natural Gas-Heavy Stock is Better Placed?

Markedly, both Southwestern Energy (SWN) and Range Resources (RRC) hit 52-week low in yesterday's trading session.

Here's Why You Should Hold On to Callon Petroleum (CPE) Now

Callon Petroleum (CPE) has an expected earnings growth rate of 11% for the next five years.

Enbridge Commences Open Season for Canada's Express Pipeline

Enbridge (ENB) believes that the shipper will appreciate Express Pipeline open season since the pipeline bottleneck problem prevents transportation of sufficient oil from Canada.

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OPEC Extends Output Cut to Boost Oil Prices: Winners & Losers

Here's a rundown on the OPEC production cuts' big winners and losers.

Marathon Oil Bids Adieu to UK to Deepen Focus on US Plays

Marathon Oil's (MRO) strategic portfolio in key resource-shale plays like Bakken, Eagle Ford, Permian and STACK/SCOOP signals visible production growth in the upcoming years.

W&T Offshore to Acquire $200M GoM Assets From ExxonMobil

W&T Offshore (WTI) expects the acquisition of GoM properties from ExxonMobil to close by Aug 30, 2019.

The Zacks Analyst Blog Highlights: AngloGold, Square, Approach, Holly Energy and Franco-Nevada

The Zacks Analyst Blog Highlights: AngloGold, Square, Approach, Holly Energy and Franco-Nevada

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5 Winners From Trump's New Sanctions Against Iran

We select stocks that are poised to gain after Trump approves economic sanctions against Iran.

The Zacks Analyst Blog Highlights: Anadarko, Hess, Panhandle, Chevron and Approach

The Zacks Analyst Blog Highlights: Anadarko, Hess, Panhandle, Chevron and Approach

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Energy ETF & Stock Winners of Last Week

Brent rose about 5% last week - its first weekly gain in five weeks - while crude jumped about 10% - its biggest weekly percentage gain since December 2016.

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U.S. Crude Hits Highest Weekly Gain in 30 Months: 5 Picks

Disturbances in Iran intensified on Jun 13, when two oil tankers were set on fire in the Strait of Hormuz, for which the United States blamed Tehran.

Here's Why You Should Retain Diamondback (FANG) Stock Now

Diamondback (FANG) is expected to grow on the back of Permian Basin's strength, which makes it worth retaining at the moment.

Here's Why You Should Sell PetroChina (PTR) Stock Right Away

PetroChina's (PTR) heavy exposure to significantly mature producing areas is a concern.

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Middle East Tensions Perk Up Oil Prices: Here's How to Profit

U.S. oil prices post its biggest one-day gain so far this year as tensions between the United States and Iran heat up.

What Makes Approach Resources (AREX) a New Strong Buy Stock

Approach Resources (AREX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here's Why You Should Retain Cenovus Energy (CVE) Stock Now

Cenovus Energy's (CVE) prospects are impressive, given new growth projects and increasing efficiency. However, balance sheet weakness and other challenges are affecting the stock.

SM Energy Raises Production View, Eyes Positive FCF in 2H19

SM Energy (SM) expects around 43-44% of total production in the second quarter and full-year 2019 to be oil.

EQT Corp Provides Q2 Estimates, Volume & Efficiency to Improve

EQT Corp. (EQT) expects to achieve incremental $25 million drop in annual capital expenditure.

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Invest in These 5 Oil & Gas Stocks Trading Near 52-Week Lows

Despite being under the pump lately, there are investors who see the recent oil and gas slump as a temporary event and decide to build or increase their position in some of these companies.

Here's Why Approach Resources Stock is a Buy at the Moment

With foothold in prolific Permian and focus to lower well costs and LOE, Approach Resources (AREX) is a promising investment bet now.

Approach Resources (AREX) Reports Q1 Loss, Lags Revenue Estimates

Approach Resources (AREX) delivered earnings and revenue surprises of 18.18% and -8.84%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Approach Resources (AREX) Q1 Earnings Expected to Decline

Approach Resources (AREX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Approach (AREX) to Report Q4 Earnings: What's in the Cards?

As a large portion of Approach Resources' (AREX) production comprises natural gas, the favorable pricing scenario of the commodity is likely to fuel growth for the company.