Approach Resources (AREX) Tops Q3 EPS by 2c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/6/2026

1. PTC
2. NVDA
3. PCVX
4. META
5. MSFT
6. SPY
7. GOOGL
8. GMAB
9. USO
10. AMD

Go back to Approach Resources (AREX) Tops Q3 EPS by 2c

Approach Resources Inc. Reports Third Quarter 2015 Results

November 4, 2015 4:39 PM EST

FORT WORTH, Texas--(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today reported results for third quarter 2015. Highlights for third quarter 2015 include:

Record quarterly production of 1,525 MBoe, or 16.6 MBoe/d, a 17% increase over the prior-year quarter and a 10% increase over second quarter 2015 EBITDAX was $30.7 million, or $0.76 per diluted share Revenues totaled $33.9 million. Including realized hedge gains, revenues were $46.7 million Per-unit cash operating expenses decreased 18% from the prior-year quarter, and 5% from second quarter 2015, to $10.45 per Boe... More