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Approach Res. Inc (AREX)

Approach Res. Inc (AREX)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Approach Resources Inc. is an independent energy company engaged in the exploration, development, exploitation, production and acquisition of unconventional natural gas and oil properties onshore in the United States and Western Canada. The Company focuses its growth efforts primarily on finding and developing natural gas reserves in known tight gas sands and shale areas. The Company currently operates in Texas, New Mexico and Kentucky and has a non-operating interest in Western Canada.
(Values in U.S. Thousands) Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014
Sales 114,040 105,350 90,300 131,340 258,530
Sales Growth +8.25% +16.67% -31.25% -49.20% +42.60%
Net Income -19,910 -112,360 -52,240 -174,100 56,170
Net Income Growth +82.28% -115.08% +69.99% -409.95% -22.27%
(Values in U.S. Thousands) Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014
Total Assets 1,084,650 1,099,580 1,104,560 1,174,980 1,401,430
Total Assets Growth -1.36% -0.45% -5.99% -16.16% +22.34%
Total Liabilities 495,400 492,160 541,600 567,020 627,100
Total Liabilities Growth +0.66% -9.13% -4.48% -9.58% +44.16%
(Values in U.S. Thousands) Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014
Operating Cash Flow 34,740 37,450 26,080 102,720 180,210
Operating Cash Flow Growth -7.24% +43.60% -74.61% -43.00% +43.50%
Net Cash Flow 0 0 -580 170 -58,330
Change in Net Cash Flow unch +100.00% -441.17% +100.29% -200.59%
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