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APPROACH RES. INC. (AREX) [hlAlert]

Rating:
Buy AREX
down 86.90 %

APPROACH RES. INC. (AREX) rated Buy with price target $20 by Hilliard Lyons

Posted on: Wednesday,  Nov 3, 2010  10:25 AM ET by Hilliard Lyons

Hilliard Lyons rated Buy APPROACH RES. INC. (NASDAQ: AREX) on 11/03/2010, when the stock price was $15.65. Since
then, APPROACH RES. INC. has lost 86.90% as of 01/22/2016's recent price of $2.05.
If you would have followed this Hilliard Lyons's recommendation on AREX, you would have lost 86.9% of your investment in 1906 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/10/2011 11:25 AM Buy
None
26.52 35.00
as of 12/31/2010
1 Week up  7.87 %
1 Month up  34.97 %
3 Months up  57.57 %
1 YTD up  57.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/3/2010 10:25 AM Buy
None
15.65 20.00

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