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Approach Resources Inc  (AREX)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy

Approach Resources Inc's Total Debt to Equity

AREX's quarterly Total Debt to Equity and Total Debt, Equity growth


Due to net new borrowings of 0.06%, Total Debt to Equity fell to 0.75, above the Approach Resources Inc's average Total Debt to Equity.

Within Oil And Gas Production industry in the third quarter 2019, 66 other companies have achieved lower Total Debt to Equity than Approach Resources Inc in the III Quarter 2019. While Total Debt to Equity total ranking has deteriorated compared to the second quarter 2019 from 1586 to 2107 .

Explain Debt to Equity Ratio?
What is the structure of AREX´s Total Debt?
How valuable is the AREX´s Equity?


AREX Total Debt to Equity (Sep 30 2019)
III. Quarter
(Jun 30 2019)
II. Quarter
(Mar 31 2019)
I. Quarter
(Dec 31 2018)
IV. Quarter
(Sep 30 2018)
III. Quarter
Y / Y Equity Change -8.19 % -5.52 % -4.72 % -2.99 % 8.22 %
Y / Y Total Debt Change 7.27 % 6.71 % 8.29 % 3.09 % 0.94 %
Total Debt to Equity MRQ 0.75 0.73 0.71 0.65 0.64
AREX's Total Ranking # 2107 # 1586 # 1493 # 1893 # 1658
Seq. Equity Change -3.39 % -2.33 % -2.95 % 0.25 % -0.58 %
Seq. Total Debt Change 0.06 % 0.06 % 5.39 % 1.65 % -0.46 %



Total Debt to Equity third quarter 2019 Company Ranking
Within: No.
Oil And Gas Production Industry # 67
Energy Sector # 119
Overall Market # 2107


Total Debt to Equity Statistics
High Average Low
0.89 0.56 0.08
(Dec 31 2016)   (Sep 30 2012)




Financial Statements
Approach Resources Inc's Equity $ 540 Millions Visit AREX's Balance sheet
Approach Resources Inc's Total Debt $ 406 Millions Visit AREX's Balance sheet
Source of AREX's Sales Visit AREX's Sales by Geography


Cumulative Approach Resources Inc's Total Debt to Equity

AREX's Total Debt to Equity for the trailling 12 Months

AREX Total Debt to Equity

(Sep 30 2019)
III. Quarter
(Jun 30 2019)
II. Quarter
(Mar 31 2019)
I. Quarter
(Dec 31 2018)
IV. Quarter
(Sep 30 2018)
III. Quarter
Y / Y Equity TTM Growth -8.19 % -5.52 % -4.72 % -2.99 % 8.22 %
Y / Y Total Debt TTM Growth 7.27 % 6.71 % 8.29 % 3.09 % 0.94 %
Total Debt to Equity TTM 0.71 0.68 0.66 0.64 0.63
Total Ranking TTM # 2098 # 1868 # 1381 # 2130 # 175
Seq. Equity TTM Growth -3.39 % -2.33 % -2.95 % 0.25 % -0.58 %
Seq. Total Debt TTM Growth 0.06 % 0.06 % 5.39 % 1.65 % -0.46 %


On the trailing twelve months basis Due to the net new borrowings of 0.06% during the trailing twelve months finishing in the III Quarter 2019, cumulativeTotal Debt to Equity improved to 0.71, above the Approach Resources Inc's average Total Debt to Equity.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Oil And Gas Production industry 77, during the past 12 months, other companies have achieved lower Total Debt to Equity than Approach Resources Inc. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the III Quarter 2019, compared to the prior period, from 1868 to 2098.

Explain Debt to Equity Ratio?
What is the structure of AREX´s Total Debt?
How valuable is the AREX´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Oil And Gas Production Industry # 78
Energy Sector # 113
Within the Market # 2098


trailing twelve months Total Debt to Equity Statistics
High Average Low
0.86 0.67 0.38
(Dec 31 2016)   (Sep 30 2014)




Companies with similar Total Debt to Equity in the quarter ending Sep 30 2019, within Oil And Gas Production Industry Total Debt to EquitySep 30 2019 MRQ Total DebtSep 30 2019 MRQ Equity
North American Construction Group Ltd   2.01 $ 276.651  Millions$ 137.971  Millions
Chesapeake Energy Corporation  1.97 $ 9,341.000  Millions$ 4,735.000  Millions
Denbury Inc   1.86 $ 2,510.309  Millions$ 1,346.120  Millions
Battalion Oil Corp  1.74 $ 258.234  Millions$ 148.431  Millions
U.s. Well Services Inc.  1.53 $ 294.770  Millions$ 192.155  Millions
Core Laboratories Inc   1.53 $ 297.148  Millions$ 194.561  Millions
Victory Oilfield Tech Inc   1.43 $ 0.947  Millions$ 0.663  Millions
Carrizo Oil and Gas Inc   1.30 $ 1,755.378  Millions$ 1,348.804  Millions
Silverbow Resources Inc   1.25 $ 486.203  Millions$ 388.386  Millions
Semgroup Corporation  1.20 $ 2,493.238  Millions$ 2,073.702  Millions
Abraxas Petroleum Corp  1.17 $ 201.159  Millions$ 171.573  Millions
Goodrich Petroleum Corp  1.17 $ 98.822  Millions$ 84.820  Millions
Occidental Petroleum Corporation  1.16 $ 47,614.000  Millions$ 41,005.000  Millions
Par Pacific Holdings Inc   1.11 $ 642.421  Millions$ 579.510  Millions
Apa Corporation  1.07 $ 8,412.000  Millions$ 7,868.000  Millions
Halliburton Company  1.06 $ 10,313.000  Millions$ 9,762.000  Millions
Mid con Energy Partners Lp  1.00 $ 65.000  Millions$ 64.784  Millions
Vital Energy inc   0.91 $ 979.972  Millions$ 1,079.252  Millions
Mach Natural Resources Lp  0.83 $ 839.928  Millions$ 1,011.043  Millions
Petrobras Petroleo Brasileiro Sa  0.81 $ 60,141.000  Millions$ 74,215.000  Millions
Continental Resources Inc  0.81 $ 5,570.829  Millions$ 6,914.180  Millions
Brigham Minerals Inc   0.76 $ 45.000  Millions$ 59.478  Millions
Jagged Peak Energy Inc   0.75 $ 705.269  Millions$ 935.870  Millions
Approach Resources Inc  0.75 $ 406.278  Millions$ 539.649  Millions
Qep Resources Inc   0.75 $ 2,081.100  Millions$ 2,770.000  Millions
Klx Energy Services Holdings Inc   0.74 $ 242.800  Millions$ 328.700  Millions
Southwestern Energy Company  0.72 $ 2,271.000  Millions$ 3,135.000  Millions
Chord Energy Corporation  0.72 $ 2,798.859  Millions$ 3,899.661  Millions
Nextier Oilfield Solutions Inc   0.72 $ 338.317  Millions$ 472.004  Millions
Encana Corp  0.71 $ 7,024.000  Millions$ 9,921.000  Millions

Date modified: -0001-11-30T00:00:00+00:00



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