Approach Resources (AREX)

26.50 +0.25  +0.95%  May 17, 8:00PM
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Approach Resources Asset Utilization:

0.1635 for March 31, 2013
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Approach Resources Asset Utilization Chart

    Approach Resources Historical Asset Utilization Data

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    Data for this Date Range  
    March 31, 2013 0.1635
    Dec. 31, 2012 0.1684
    Sept. 30, 2012 0.178
    June 30, 2012 0.1825
    March 31, 2012 0.1971
    Dec. 31, 2011 0.1975
    Sept. 30, 2011 0.1891
    June 30, 2011 0.1812
    March 31, 2011 0.1554
    Dec. 31, 2010 0.1554
    Sept. 30, 2010 0.157
    June 30, 2010 0.144
       
    March 31, 2010 0.1343
    Dec. 31, 2009 0.1243
    Sept. 30, 2009 0.1336
    June 30, 2009 0.1776
    March 31, 2009 0.2306
    Dec. 31, 2008 0.267
    Sept. 30, 2008 0.2734
    June 30, 2008 0.2718
    March 31, 2008 Go Pro
    Dec. 31, 2007 Go Pro
    Sept. 30, 2007 Go Pro

    About Asset Utilization

    The asset utilization ratio calculates the total revenue earned for every dollar of assets a company owns.

    For example, with an asset utilization ratio of 52%, a company earned $.52 for each dollar of assets held by the company. An increasing asset utilization means the company is being more efficient with each dollar of assets it has.

    This ratio is frequently used to compare a company's efficiency over time.
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    AREX Asset Utilization Benchmarks

    Companies
    Abraxas Petroleum Corporation 0.2785
    Diamondback Energy 0.1716
    Oasis Petroleum 0.3401

    AREX Asset Utilization Rankings

    Overall 49th percentile
    3808 of 7590
    Sector 24th percentile
    293 of 386 in Energy
    Industry 27th percentile
    124 of 171 in Oil & Gas E&P

    AREX Asset Utilization Range, Past 5 Years

    Minimum 0.1243 Dec 2009
    Maximum 0.2734 Sep 2008
    Average 0.1841