Approach Resources Inc. (AREX) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
The profile contains critical company information including:
- Business description – A detailed description of the company’s operations and business divisions.
- Corporate strategy – Analyst’s summarization of the company’s business strategy.
- SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
- Company history – Progression of key events associated with the company.
- Major products and services – A list of major products, services and brands of the company.
- Key competitors – A list of key competitors to the company.
- Key employees – A list of the key executives of the company.
- Executive biographies – A brief summary of the executives’ employment history.
- Key operational heads – A list of personnel heading key departments/functions.
- Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
- Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
- Interim ratios for the last five interim periods – The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.
Highlights
Approach Resources Inc. (Approach Resources) is an independent upstream oil and gas company. The company acquires oil and natural gas properties; and explores, develops and produces oil, natural gas and natural gas liquids (NGLs). It focuses on oil and gas reserves in oil shale and tight gas sands. Approach Resources has properties in the Midland Basin of the Permian Basin in West Texas. The company’s proved reserves are in Schleicher and Crockett Counties in Texas. Its drilling targets in Permian Basin comprise Clearfork, Wolfcamp Shale, Canyon Sands, Strawn and Ellenburger zones. Approach Resources is headquartered in Fort Worth, Texas, the US.
Approach Resources Inc. Key Recent Developments
Nov 09, 2016: Approach Resources Announces Reaffirmation Of Borrowing Base Of $325 Million
Nov 02, 2016: Approach Resources Reports Third Quarter 2016 Results
Aug 03, 2016: Approach Resources Reports Second Quarter 2016 Results
May 04, 2016: Approach Resources Reports First Quarter 2016 Results
Mar 03, 2016: Approach Resources Reports Fourth Quarter And Full-Year 2015 Results And Provides 2016 Outlook
Key benefits of buying this profile include:
You get detailed information about the company and its operations to identify potential customers and suppliers.
- The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.
Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.
- The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.
Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
- Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.
Scout for potential investments and acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.
- Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.
Gain key insights into the company for academic or business research.
- Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.
Note: Some sections may be missing if data is unavailable for the company
'
Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Section 1 - About the Company 6
Approach Resources Inc. - Key Facts 6
Approach Resources Inc. - Key Employees 7
Approach Resources Inc. - Key Employee Biographies 8
Approach Resources Inc. - Major Products and Services 9
Approach Resources Inc. - History 10
Approach Resources Inc. - Company Statement 12
Approach Resources Inc. - Locations And Subsidiaries 14
Head Office 14
Other Locations & Subsidiaries 14
Section 2 – Company Analysis 15
Approach Resources Inc. - Business Description 15
Approach Resources Inc. - Corporate Strategy 16
Approach Resources Inc. - SWOT Analysis 17
SWOT Analysis - Overview 17
Approach Resources Inc. - Strengths 17
Approach Resources Inc. - Weaknesses 18
Approach Resources Inc. - Opportunities 19
Approach Resources Inc. - Threats 20
Approach Resources Inc. - Key Competitors 21
Section 3 – Company Financial Ratios 22
Financial Ratios - Capital Market Ratios 22
Financial Ratios - Annual Ratios 23
Performance Chart 25
Financial Performance 25
Financial Ratios - Interim Ratios 26
Financial Ratios - Ratio Charts 27
Section 4 – Company’s Oil & Gas Financial Deals and Alliances 28
Approach Resources Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 28
Approach Resources Inc., Oil & Gas, Deals By Type, 2010 to YTD 2016 29
Approach Resources Inc., Recent Deals Summary 30
Section 5 – Company’s Recent Developments 31
Nov 09, 2016: Approach Resources Announces Reaffirmation Of Borrowing Base Of $325 Million 31
Nov 02, 2016: Approach Resources Reports Third Quarter 2016 Results 32
Aug 03, 2016: Approach Resources Reports Second Quarter 2016 Results 34
May 04, 2016: Approach Resources Reports First Quarter 2016 Results 36
Mar 03, 2016: Approach Resources Reports Fourth Quarter And Full-Year 2015 Results And Provides 2016 Outlook 38
Nov 04, 2015: Approach Resources Reports Third Quarter 2015 Results 41
Sep 25, 2015: Approach Resources Announces Reaffirmation Of Lender Commitments In Credit Facility At $450 Million 43
Aug 05, 2015: Approach Resources Reports Second Quarter 2015 Results 44
May 06, 2015: Approach Resources Reports First Quarter 2015 Results 46
Feb 25, 2015: Approach Resources Reports Fourth Quarter And Full-Year 2014 Results And Provides 2015 Outlook 48
Section 6 – Appendix 51
Methodology 51
Ratio Definitions 51
About GlobalData 55
Contact Us 55
Disclaimer 55
List of Tables
Approach Resources Inc., Key Facts 6
Approach Resources Inc., Key Employees 7
Approach Resources Inc., Key Employee Biographies 8
Approach Resources Inc., Major Products and Services 9
Approach Resources Inc., History 10
Approach Resources Inc., Subsidiaries 14
Approach Resources Inc., Key Competitors 21
Approach Resources Inc., Ratios based on current share price 22
Approach Resources Inc., Annual Ratios 23
Approach Resources Inc., Interim Ratios 26
Approach Resources Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 28
Approach Resources Inc., Oil & Gas, Deals By Type, 2010 to YTD 2016 29
Approach Resources Inc., Recent Deals Summary 30
Currency Codes 51
Units 51
Capital Market Ratios 51
Equity Ratios 52
Profitability Ratios 52
Cost Ratios 53
Liquidity Ratios 53
Leverage Ratios 54
Efficiency Ratios 54
List of Figures
Approach Resources Inc., Performance Chart (2011 - 2015) 25
Approach Resources Inc., Ratio Charts 27
Approach Resources Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 28
Approach Resources Inc., Oil & Gas, Deals by Type, 2010 to YTD 2016 29