ETFs with AREX as a Top 10 Holding*Sponsored by:
|Weighting||ETF Name (Symbol)||100-Day Price Change (%)|
|1.61%||SPDR S&P Oil & Gas Explor & Product (XOP)||+5.04 (8.15%)|
*Data is provided by Barchart.com. Data reflects weightings calculated at the beginning of each month. Data is subject to change.
**Green highlights the top performing ETF by % change in the past 100 days.
Company Description (as filed with the SEC)
Approach Resources Inc. is an independent energy company engaged in the exploration, development, production and acquisition of oil and gas properties. We focus on oil and gas reserves in oil shale and tight gas sands in the Midland Basin of the greater Permian Basin in West Texas, where we lease approximately 148,000 net acres. Our drilling targets include the Clearfork, Wolfcamp shale, Canyon Sands, Strawn and Ellenburger zones. We sometimes refer to the Clearfork and Wolfcamp zones together as the “Wolffork,” and our development project in the Permian Basin as “Project Pangea,” which includes the northwestern portion of Project Pangea that we refer to as “Pangea West.” Our management and technical team have a proven track record of finding and developing reserves through advanced drilling and completion techniques. ... More ...