Approach Resources Inc Revenue Growth Rates (AREX), Current and Historic Growth - CSIMarket
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Approach Resources Inc  (NASDAQ: AREX)
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 

AREX's Revenue Growth by Quarter and Year

Approach Resources Inc's Revenue results by quarter and year




AREX Revenue (in millions $) FY 2019 FY 2018 FY 2017 FY 2016
4th Quarter December -
3rd Quarter September 15.42
2nd Quarter June 14.72
1st Quarter March 19.24
FY 49.38

AREXs Annual Revenue
Approach Resources Inc's Revenue in the fiscal year 2018 $ 114.04 millions
Approach Resources Inc's Revenue in the fiscal year 2017 $ 105.35 millions
Approach Resources Inc's Revenue in the fiscal year 2016 $ 90.30 millions
Approach Resources Inc's Revenue in the fiscal year 2015 $ 131.34 millions
Approach Resources Inc's Revenue in the fiscal year 2014 $ 258.53 millions




AREX Revenue third quarter 2019 Y/Y Growth Comment
Approach Resources Inc reported drop in Revenue in the third quarter 2019 by -52.65% to $ 15.42 millions, from the same quarter in 2018.
The fall in the third quarter 2019 Approach Resources Inc's Revenue compares unfavorably to the Company's average Revenue decrease of -6.55%.

Looking into third quarter 2019 results within Oil And Gas Production industry 141 other companies have achieved higher Revenue growth. While Approach Resources Inc' s Revenue meltdown of -52.65% ranks overall at the positon no. 4130 in the third quarter 2019.




AREX Revenue ( Y/Y Growth %) 2019
2018 2017 2016
4th Quarter December - -21.25 % 7.2 % 4 %
3rd Quarter September -52.65 % 27.14 % 7.83 % -30.02 %
2nd Quarter June -51.47 % 21.47 % 11.32 % -41.91 %
1st Quarter March -33.12 % 9.14 % 49.6 % -47.09 %
FY   - 8.24 % 16.66 % -

Financial Statements
Approach Resources Inc's third quarter 2019 Revenue $ 15.42 millions AREX's Income Statement
Approach Resources Inc's third quarter 2018 Revenue $ 32.56 millions Quarterly AREX's Income Statement


AREX Revenue (Quarter on Quarter Growth %)

2019
2018 2017 2016
4th Quarter December - -31.27 % 10.97 % 11.62 %
3rd Quarter September 4.73 % 7.35 % 2.56 % 5.88 %
2nd Quarter June -23.49 % 5.42 % -5.27 % 27.3 %
1st Quarter March -14.03 % 1.23 % -0.57 % -30.87 %
FY (Year on Year)   - 8.24 % 16.66 % -




Revenue third quarter 2019 Y/Y Growth Company Ranking
Within: No.
Oil And Gas Production Industry #142
Energy Sector #198
Overall #4130

Revenue Y/Y Growth Statistics
High Average Low
75.01 % -6.55 % -100 %
(Dec 31 2013)   (Dec 31 2015)
Revenue third quarter 2019 Y/Y Growth Company Ranking
Within: No.
Oil And Gas Production Industry #142
Energy Sector #198
Overall #4130
Revenue Y/Y Growth Statistics
High Average Low
75.01 % -6.55 % -100 %
(Dec 31 2013)   (Dec 31 2015)

Revenue by Quarter for the Fiscal Years 2016, 2017, 2018, 2019

Approach Resources Inc's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
39.82 % -1.33 % -39.54 %
(Dec 31 2013)  


AREX's III. Quarter Q/Q Revenue Comment
Approach Resources Inc achieved in the III. Quarter 2019 above company average sequential Revenue growth of 4.73%, to $ 15.42 millions, from $14.72 millions in the second quarter.

Within Oil And Gas Production industry 21 other companies have achieved higher Revenue quarter on quarter growth. While Approach Resources Inc's Revenue growth quarter on quarter, overall rank is 1387.


Revenue Q/Q Growth Company Ranking
Within: No.
Oil And Gas Production Industry #22
Energy Sector #47
Overall #1387
Revenue Q/Q Growth Company Ranking
Within: No.
Oil And Gas Production Industry #22
Energy Sector #47
Overall #1387
Revenue Q/Q Growth Statistics
High Average Low
39.82 % -1.33 % -39.54 %
(Dec 31 2013)  


AREX's III. Quarter Q/Q Revenue Comment
Approach Resources Inc achieved in the III. Quarter 2019 above company average sequential Revenue growth of 4.73%, to $ 15.42 millions, from $14.72 millions in the second quarter.

Within Oil And Gas Production industry 21 other companies have achieved higher Revenue quarter on quarter growth. While Approach Resources Inc's Revenue growth quarter on quarter, overall rank is 1387.


Approach Resources Inc's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Sep 30 2019)
12 Months Ending
(Jun 30 2019)
12 Months Ending
(Mar 31 2019)
12 Months Ending
(Dec 31 2018)
12 Months Ending
(Sep 30 2018)
Cumulative Revenue 12 Months Ending $ 71.75 $ 88.90 $ 104.51 $ 114.04 $ 120.08
Y / Y Revenue Growth (TTM) -40.24 % -21.41 % -3.03 % 8.24 % 16.09 %
Year on Year Revenue Growth Overall Ranking # 963 # 3044 # 2462 # 1752 # 2910
Seqeuential Revenue Change (TTM) -19.29 % -14.93 % -8.36 % -5.03 % 6.15 %
Seq. Revenue Growth (TTM) Overall Ranking # 1662 # 3358 # 2886 # 3158 # 3147


Cumulative Revenue growth Comment
Approach Resources Inc's cumulative 12 months Revenue continue to drop, but on the faster rate at -40.24% year on year, at Sep 30 2019 compare to the -21.41% decrease at Jun 30 2019. If the Approach Resources Inc's fiscal year would end at Sep 30 2019, annual Revenue would be $72 millions.

In the Energy sector 45 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 963, from total ranking in previous quarter at 3044.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Oil And Gas Production Industry # 58
Energy Sector # 46
Overall # 963

Revenue TTM Y/Y Growth Statistics
High Average Low
71.71 %
-1.12 %
-49.69 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 58
Sector # 71
S&P 500 # 1662
Cumulative Revenue growth Comment
Approach Resources Inc's cumulative 12 months Revenue continue to drop, but on the faster rate at -40.24% year on year, at Sep 30 2019 compare to the -21.41% decrease at Jun 30 2019. If the Approach Resources Inc's fiscal year would end at Sep 30 2019, annual Revenue would be $72 millions.

In the Energy sector 45 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 963, from total ranking in previous quarter at 3044.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Oil And Gas Production Industry # 58
Energy Sector # 46
Overall # 963

Revenue TTM Y/Y Growth Statistics
High Average Low
71.71 %
-1.12 %
-49.69 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 58
Sector # 71
S&P 500 # 1662




Other Revenue Growth
Oil And Gas Production Industry Revenue Growth Trends and Statistics
Energy Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
AREX's Revenue Growth Ratio versus Oil And Gas Production Industry, Energy Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue drop for the quarter ending Sep 30 2019 within Energy SectorY/Y Change %Revenue for the quarter ending Sep 30 2019
Parsley Energy Inc -0.17%$ -0.170 millions
Team Inc -0.27%$ -0.267 millions
Conocophillips-0.71%$ -0.708 millions
Natural Resource Partners Lp-1.04%$ -1.039 millions
Ramaco Resources Inc -1.26%$ -1.264 millions
Csi Compressco Lp-1.31%$ -1.309 millions
Noble Corporation Plc-1.39%$ -1.389 millions
Cimarex Energy Co-1.55%$ -1.553 millions
Black Stone Minerals L p -1.68%$ -1.681 millions
Permian Resources Corporation-2.45%$ -2.448 millions
Calumet Inc -2.51%$ -2.507 millions
Nabors Industries Ltd-2.74%$ -2.739 millions
Ncs Multistage Holdings Inc -3.06%$ -3.059 millions
Jagged Peak Energy Inc -3.42%$ -3.419 millions
Callon Petroleum Co-3.62%$ -3.620 millions
Adams Resources and Energy Inc -3.76%$ -3.758 millions
Macquarie Infrastructure Holdings Llc-3.76%$ -3.762 millions
Transocean ltd -3.92%$ -3.922 millions
Primeenergy Resources Corporation-4.15%$ -4.149 millions
Oceaneering International Inc-4.17%$ -4.170 millions
Tetra Technologies Inc -4.25%$ -4.245 millions
Core Laboratories Inc -4.91%$ -4.911 millions
Sundance Energy inc -5.07%$ -5.067 millions
Gulfport Energy Corporation-5.32%$ -5.324 millions
Cloud Peak Energy Inc.-5.51%$ -5.514 millions
Sprague Resources Lp-5.80%$ -5.799 millions
Pioneer Natural Resources Co-6.10%$ -6.099 millions
Global Partners Lp-6.43%$ -6.434 millions
Concho Resources Inc -6.46%$ -6.460 millions
Alliance Resource Partners Lp-6.64%$ -6.636 millions


About Approach Resources Inc Revenue Growth Rates (AREX), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: the company’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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