Replies to post #1205 on Resolute Energy Corp (REN)

[legalizeMJ]

REN vs AREX(Oil industry comparisons)

1)REN and AREX are oil and gas stocks.
2)Both REN and AREX properties are primarily located in the SAME Permian Basin.

3)As of 9/2/16,
REN= $22.03 per share,
AREX= $3.56 per share.

4)AREX has MORE upside potentials because its pps is the smallest, ONY $3.56 per share.
5)AREX will be the next REN.

About AREX:
AREX properties are primarily located in the Permian Basin in west Texas. It also owns interests in east Texas Basin. As of December 31, 2015, it had estimated proved reserves of approximately 166.6 million barrels of oil equivalent in Crockett and Schleicher counties, Texas; and owned and operated 803 producing oil and gas wells in the Permian Basin. Approach Resources, Inc. was incorporated in 2002 and is headquartered in Fort Worth, Texas.