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Market Outperform
down 92.79 %

APPROACH RES. INC. (AREX) rated Market Outperform with price target $45 by Howard Weil

Posted on: Wednesday,  Jul 18, 2012  9:27 AM ET by Howard Weil

Howard Weil rated Market Outperform APPROACH RES. INC. (NASDAQ: AREX) on 07/18/2012, when the stock price was $28.47.
Since then, APPROACH RES. INC. has lost 92.80% as of 01/22/2016's recent price of $2.05.
If you would have followed this Howard Weil's recommendation on AREX, you would have lost 92.79% of your investment in 1283 days.

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.

Howard Weil’s team of research professionals currently cover approximately 100 public energy companies, including major integrated oil companies, independent refiners, exploration and production companies, oilfield services companies, gas and power, coal producers and other energy companies. Our research analysts engage in ongoing dialogue with company management and constant internal analysis in order to give Howard Weil’s clients an in-depth understanding of the companies we cover, as well as current insights on the global energy marketplace.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2012 9:27 AM Buy
28.47 45.00
as of 12/31/2012
1 Week up  1.83 %
1 Month up  6.47 %
3 Months down  -16.96 %
1 YTD down  -12.15 %

(*) Stock Price at the time of the recommendation.
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