Report
EUR 13.77 For Business Accounts Only

Due to a more favourable environment, APPROACH RESOURCES INCO. slightly increases to Slightly Negative

APPROACH RESOURCES INCO. (US), a company active in the Exploration & Production industry, slightly increases its general evaluation. The independent financial analyst theScreener just confirmed the stock market behaviour of the title as risky. At the fundamental level, theScreener confirms the rating of 1 out of 4 stars; given the more favourable environment, the title's overall rating is upgraded to Slightly Negative even if it remains under pressure. As of the analysis date January 15, 2019, the closing price was USD 1.14 and its target price was estimated at USD 0.85.
Underlying
Approach Resources Inc.

Approach Resources is a holding company. Through its subsidiaries, the company is an independent energy company focused on the exploration, development, production and acquisition of unconventional oil and gas properties. The company focuses on finding and developing oil and natural gas reserves in oil shale and tight gas sands. The company's properties are primarily located in the Permian Basin in West Texas. The company also owns interests in the East Texas Basin.

Provider
TheScreener
TheScreener

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