$99.2 M

AREX Mkt cap, 17-Jan-2019

$59.1 M

Approach Resources Revenue Q2, 2018
Approach Resources Net income (Q2, 2018)-16.5 M
Approach Resources EBIT (Q2, 2018)-1.5 M
Approach Resources Cash, 30-Jun-201822 K

Approach Resources Income Statement

Annual

USDFY, 2013FY, 2015FY, 2016FY, 2017

R&D expense

2.2m4.4m3.9m3.7m

General and administrative expense

26.5m28.3m24.7m24.3m

Operating expense total

137.7m403.8m135.2m125.1m

EBIT

43.6m(272.5m)(44.9m)(19.7m)

Interest expense

14.1m25.1m27.3m21.1m

Pre tax profit

114.8m

Net Income

72.3m(174.1m)(52.2m)(112.4m)

Approach Resources Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

58.8m432.0k600.0k21.0k21.0k

Accounts Receivable

Inventories

592.0k929.0k1.2m2.8m

Current Assets

90.4m61.1m20.4m12.5m16.7m

Total Assets

1.1b1.4b1.2b1.1b1.1b

Accounts Payable

38.6m33.3m10.8m9.5m9.5m

Short-term debt

Current Liabilities

84.4m106.9m28.5m26.4m25.1m

Long-term debt

Total Debt

Total Liabilities

435.0m567.0m541.6m492.2m

Additional Paid-in Capital

565.2m572.9m580.6m586.1m742.4m

Retained Earnings

144.9m201.0m26.9m(135.9m)

Total Equity

710.5m774.3m608.0m563.0m607.4m

Financial Leverage

1.6 x1.8 x1.9 x2 x1.8 x

Approach Resources Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

72.3m56.2m(174.1m)(52.2m)(112.4m)

Accounts Receivable

(10.2m)3.3m7.9m2.3m400.0k

Inventories

(45.0k)(179.0k)(325.0k)534.0k

Accounts Payable

12.5m(5.8m)964.0k358.0k907.0k

Cash From Operating Activities

125.6m180.2m102.7m26.1m37.5m

Cash From Investing Activities

(203.4m)(217.3m)(23.9m)(52.4m)

Cash From Financing Activities

135.8m147.8m114.8m

Interest Paid

12.4m20.2m23.6m26.0m20.6m

Income Taxes Paid

404.0k404.0k404.0k

Approach Resources Ratios

USDY, 2018

Financial Leverage

1.8 x
Report incorrect company information

Approach Resources Employee Rating

5.01 votes
Culture & Values
4.0
Work/Life Balance
3.0
Senior Management
5.0
Salary & Benefits
5.0
Career Opportunities
3.0
Sourcewdxefcqufszuzezftuxetqsqxt