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Approach Resources Inc (AREXQ) - Financial and Strategic SWOT Analysis Review

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    SWOT Analysis

  • 46 Pages
  • May 2020
  • GlobalData
  • ID: 1291326
1h Free Analyst Time
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Approach Resources Inc (AREXQ) - 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 the publisher 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. It acquires, explores, develops and produces oil, natural gas and natural gas liquids (NGLs). The company focuses on unconventional oil and gas reserves in oil shale and tight gas sands. It owns properties in the Permian Basin and East Texas. Its drilling targets comprise of Clearfork, Wolfcamp Shale, Canyon Sands, Ellenburger, Cotton Valley Sands and Cotton Valley Lime. The company’s proved reserves are in Schleicher and Crockett Counties in Texas. The company serves essentially midstream energy companies. Approach Resources is headquartered in Fort Worth, Texas, the US.

Approach Resources Inc Key Recent Developments

Nov 18, 2019: Approach Resources Commences Voluntary Chapter 11 Case with Support of Lenders and Continues Exploring Strategic Alternatives; Receives $16.5 million Financing Commitment to Bolster Liquidity
Aug 08, 2019: Approach Resources reports second quarter 2019 results
May 09, 2019: Approach Resources reports first quarter 2019 results
Apr 09, 2019: Approach Resources announces changes to executive management team & reduction of corporate overhead
Mar 18, 2019: Approach Resources reports fourth quarter and full-year 2018 financial and operating results

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

Section 1 - About the Company
  • Approach Resources Inc - Key Facts
  • Approach Resources Inc - Key Employees
  • Approach Resources Inc - Key Employee Biographies
  • Approach Resources Inc - Key Operational Employees
  • Approach Resources Inc - Major Products and Services
  • Approach Resources Inc - History
  • Approach Resources Inc - Company Statement
  • Approach Resources Inc - Locations And Subsidiaries
  • Head Office
  • Other Locations & Subsidiaries

Section 2 - Company Analysis
  • Company Overview
  • Approach Resources Inc - Business Description
  • Approach Resources Inc - Corporate Strategy
  • Approach Resources Inc - SWOT Analysis
  • SWOT Analysis - Overview
  • Approach Resources Inc - Strengths
  • Approach Resources Inc - Weaknesses
  • Approach Resources Inc - Opportunities
  • Approach Resources Inc - Threats
  • Approach Resources Inc - Key Competitors

Section 3 - Company Financial Ratios
  • Financial Ratios - Capital Market Ratios
  • Financial Ratios - Annual Ratios
  • Performance Chart
  • Financial Performance
  • Financial Ratios - Interim Ratios
  • Financial Ratios - Ratio Charts

Section 4 - Company’s Oil & Gas Financial Deals and Alliances
  • Approach Resources Inc, Oil & Gas, Deals By Year, 2014 to YTD 2020
  • Approach Resources Inc, Oil & Gas, Deals By Type, 2014 to YTD 2020
  • Approach Resources Inc, Recent Deals Summary

Section 5 - Company’s Recent Developments
  • Nov 18, 2019: Approach Resources Commences Voluntary Chapter 11 Case with Support of Lenders and Continues Exploring Strategic Alternatives; Receives $16.5 million Financing Commitment to Bolster Liquidity
  • Aug 08, 2019: Approach Resources reports second quarter 2019 results
  • May 09, 2019: Approach Resources reports first quarter 2019 results
  • Apr 09, 2019: Approach Resources announces changes to executive management team & reduction of corporate overhead
  • Mar 18, 2019: Approach Resources reports fourth quarter and full-year 2018 financial and operating results

Section 6 - Appendix
  • Methodology
  • Ratio Definitions
  • About the Publisher
  • Contact Us
  • Disclaimer

List of Tables
  • Approach Resources Inc, Key Facts
  • Approach Resources Inc, Key Employees
  • Approach Resources Inc, Key Employee Biographies
  • Approach Resources Inc, Key Operational Employees
  • Approach Resources Inc, Major Products and Services
  • Approach Resources Inc, History
  • Approach Resources Inc, Subsidiaries
  • Approach Resources Inc, Key Competitors
  • Approach Resources Inc, Ratios based on current share price
  • Approach Resources Inc, Annual Ratios
  • Approach Resources Inc, Annual Ratios
  • Approach Resources Inc, Interim Ratios
  • Approach Resources Inc, Oil & Gas, Deals By Year, 2014 to YTD 2020
  • Approach Resources Inc, Oil & Gas, Deals By Type, 2014 to YTD 2020
  • Approach Resources Inc, Recent Deals Summary
  • Currency Codes
  • Units
  • Capital Market Ratios
  • Equity Ratios
  • Profitability Ratios
  • Cost Ratios
  • Liquidity Ratios
  • Leverage Ratios
  • Efficiency Ratios

List of Figures
  • Approach Resources Inc, Performance Chart (2014 - 2018)
  • Approach Resources Inc, Ratio Charts
  • Approach Resources Inc, Oil & Gas, Deals By Year, 2014 to YTD 2020
  • Approach Resources Inc, Oil & Gas, Deals by Type, 2014 to YTD 2020

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Oasis Petroleum Inc
  • Laredo Petroleum Inc
  • Grizzly Energy LLC
  • Gastar Exploration Inc
  • Concho Resources Inc
  • Abraxas Petroleum Corp