FORT WORTH, Texas (AP) _ Approach Resources Inc. (AREX) on Thursday reported a loss of $16.8 million in its first quarter.
The Fort Worth, Texas-based company said it had a loss of 18 cents per share. Losses, adjusted for one-time gains and costs, came to 9 cents per share.
The oil and gas company posted revenue of $19.2 million in the period.
In the final minutes of trading on Thursday, the company's shares hit 29 cents. A year ago, they were trading at $2.71.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AREX at https://www.zacks.com/ap/AREX