FORT WORTH, Texas (AP) _ Approach Resources Inc. (AREX) on Thursday reported a loss of $13.6 million in its second quarter.
The Fort Worth, Texas-based company said it had a loss of 15 cents per share. Losses, adjusted for one-time gains and costs, came to 14 cents per share.
The oil and gas company posted revenue of $14.7 million in the period.
In the final minutes of trading on Thursday, the company's shares hit 24 cents. A year ago, they were trading at $2.32.