Abraxas Petroleum Corporation (AXAS)

OTCMKTS: AXAS · Delayed Price · USD
0.765
+0.065 (9.30%)
Sep 27, 2022 4:00 PM EDT - Market closed
9.30%
Market Cap 8.06M
Revenue (ttm) 70.47M
Net Income (ttm) 40.01M
Shares Out 10.07M
EPS (ttm) 3.64
PE Ratio 0.22
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 12,253
Open 0.700
Previous Close 0.700
Day's Range 0.660 - 0.795
52-Week Range 0.520 - 4.940
Beta 2.79
Analysts Sell
Price Target n/a
Earnings Date Nov 14, 2022

About AXAS

Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the United States. The company operates oil and gas assets in the Permian/Delaware Basin and the Rocky Mountain regions. As of December 31, 2021, its estimated net proved reserves were 14.8 million barrels of oil equivalent. The company was founded in 1977 and is based in San Antonio, Texas. [Read more...]

Industry Oil, Gas & Consumable Fuels
IPO Date May 7, 1991
CEO Robert Watson
Employees 42
Stock Exchange OTCMKTS
Ticker Symbol AXAS
Full Company Profile

Financial Performance

In 2020, AXAS's revenue was $43.04 million, a decrease of -66.67% compared to the previous year's $129.15 million. Losses were -$184.52 million, 183.9% more than in 2019.

Financial Statements

Analyst Forecast

No stock price forecast available yet.

Price Target
n/a
Analyst Consensus: Sell
Stock Forecasts

News

7 Penny Oil Stocks Worth Picking Up Now

Penny oil stocks are coming to investors' attention as capital flows in and share prices quickly move upward. Oil stocks under $5 a share should pique investors' attention now.

Other symbols: GTETELL
6 months ago - InvestorPlace

Abraxas Provides Reserve and Operational Update

SAN ANTONIO--(BUSINESS WIRE)--Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (OTCQX:AXAS) today provided the following reserve and operational update. Note that all annual reserve comparison...

6 months ago - Business Wire

Abraxas Announces Comprehensive Restructuring, Transformation into Pure-Play Delaware Basin Company

SAN ANTONIO--(BUSINESS WIRE)--Abraxas Petroleum Corporation, a Nevada corporation (“Abraxas” or the “Company”) (OTCQX:AXAS), today announced (i) the cash sale of its Williston Basin assets to Lime Rock ...

8 months ago - Business Wire

2 Underperforming Stocks to Reduce

Shareholders of Abraxas Petroleum Corp ( AXAS , Financial) and Four Seasons Education (Cayman) Inc ( FEDU , Financial) have witnessed their ownerships going down in value dramatically over the past coup...

Other symbols: FEDU
1 year ago - GuruFocus

4 Top-Ranked Energy Stocks to Scoop Up Post Monday's Rally

DCP Midstream (DCP), Abraxas Petroleum (AXAS), Matador Resources (MTDR) and NuStar (NS) were up more than 10% yesterday with more gains ahead on a potential coronavirus treatment and revival in oil demand.

Other symbols: DCPMTDRNS
1 year ago - Zacks Investment Research

Abraxas Petroleum Regains Compliance with Nasdaq Continued Listing Standards

SAN ANTONIO--(BUSINESS WIRE)--Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (NASDAQ:AXAS) today announced that on November 2, 2020 it received a confirmation letter from The NASDAQ Stock Ma...

1 year ago - Business Wire

Abraxas Recommences Strategic Alternatives Review

SAN ANTONIO--(BUSINESS WIRE)--Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (NASDAQ:AXAS) today announced that its Board of Directors has determined to renew the strategic alternatives revi...

2 years ago - Business Wire

Abraxas Completes Refinancing Transactions

SAN ANTONIO--(BUSINESS WIRE)--Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (NASDAQ:AXAS) today announced that it has completed the final elements of its recent refinancing transactions. As...

2 years ago - Business Wire

Abraxas Petroleum Receives NASDAQ Notice Regarding Non-Compliance with Continued Listing Standards

SAN ANTONIO--(BUSINESS WIRE)--Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (NASDAQ: AXAS) today announced that on Wednesday, July 1, it received notice from The NASDAQ Stock Market LLC ("N...

2 years ago - Business Wire

Energy ETFs & Stocks Jump in Thursday Trading

The energy sector bounced back strongly in Thursday's trading session as oil price rallied more than 25% on hopes of a truce in the Saudi-Russian oil price war and China buying crude.

Other symbols: FTSIFXNOIHXESXLE
2 years ago - Zacks Investment Research

Analysts Estimate Abraxas Petroleum (AXAS) to Report a Decline in Earnings: What to Look Out for

Abraxas (AXAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 years ago - Zacks Investment Research

5 Energy ETFs & Stocks That Gained From Rebound in Oil Price

Oil price has shown a strong reversal in the past couple of days on signs of monetary and fiscal stimulus and anticipation of further production cuts.

2 years ago - Zacks Investment Research

Abraxas Petroleum (AXAS) Misses Q3 Earnings and Revenue Estimates

Abraxas (AXAS) delivered earnings and revenue surprises of -50.00% and -7.65%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

2 years ago - Zacks Investment Research

Abraxas Petroleum (AXAS) Q2 Earnings Lag Estimates

Abraxas (AXAS) delivered earnings and revenue surprises of -50.00% and 5.52%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

3 years ago - Zacks Investment Research

Abraxas Petroleum (AXAS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Abraxas (AXAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 years ago - Zacks Investment Research

Should Value Investors Pick Abraxas Petroleum (AXAS) Stock?

Is Abraxas Petroleum (AXAS) a great pick from the value investor's perspective right now? Read on to know more.

3 years ago - Zacks Investment Research

Abraxas Petroleum (AXAS) Q1 Earnings Lag Estimates

Abraxas (AXAS) delivered earnings and revenue surprises of -33.33% and 9.05%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

3 years ago - Zacks Investment Research

Abraxas Petroleum (AXAS) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

Abraxas (AXAS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 years ago - Zacks Investment Research