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Last $2.77 USD
Change Today -0.18 / -6.10%
Volume 917.2K
AXAS On Other Exchanges
Symbol
Exchange
Frankfurt
As of 5:20 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

abraxas petroleum corp (AXAS) Snapshot

Open
$2.92
Previous Close
$2.95
Day High
$2.95
Day Low
$2.75
52 Week High
07/1/14 - $6.45
52 Week Low
12/9/14 - $2.33
Market Cap
294.1M
Average Volume 10 Days
1.0M
EPS TTM
$0.38
Shares Outstanding
106.2M
EX-Date
--
P/E TM
7.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for ABRAXAS PETROLEUM CORP (AXAS)

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abraxas petroleum corp (AXAS) Details

Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploitation, development, and production of oil and gas properties in the United States. The company operates oil and gas assets in the Rocky Mountain, Permian Basin, and onshore Gulf Coast regions. As of December 31, 2014, its estimated net proved reserves were 42.4 million barrels of oil equivalent. The company was founded in 1977 and is based in San Antonio, Texas.

123 Employees
Last Reported Date: 03/13/15
Founded in 1977

abraxas petroleum corp (AXAS) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $467.7K
Chief Financial Officer and Vice President
Total Annual Compensation: $276.8K
Vice President of Operations
Total Annual Compensation: $255.9K
Vice President of Exploration
Total Annual Compensation: $255.9K
Vice President of Engineering
Total Annual Compensation: $255.9K
Compensation as of Fiscal Year 2014.

abraxas petroleum corp (AXAS) Key Developments

Abraxas Petroleum Corp. Presents at Global Hunter Securities GHS 100 Energy Conference, Jun-24-2015 10:30 AM

Abraxas Petroleum Corp. Presents at Global Hunter Securities GHS 100 Energy Conference, Jun-24-2015 10:30 AM. Venue: JW Marriott Hotel, 151 W. Adams Street, Chicago, Illinois, United States.

Abraxas Petroleum Corp. Reports Consolidated Earnings and Production Results for the First Quarter Ended March 31, 2015; Revised Production and Capital Expenditure Guidance for the Year 2015

Abraxas Petroleum Corp. reported consolidated earnings and production earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s total revenues were $18,661,000 against $25,518,000 a year ago. Operating loss was $4,535,000 against operating income of $7,695,000 a year ago. Loss from continuing operations before income tax was $698,000 against income from continuing operations before income tax of $5,066,000 a year ago. Net loss from continuing operations was $698,000 against net income from continuing operations of $5,066,000 a year ago. Net loss was $718,000 against net income $4,704,000 a year ago. Basic and diluted net loss per common share from continuing operations was $0.01 against basic and diluted net income per common share from continuing operations of $0.05 a year ago. Basic and diluted net loss per common share was $0.01 against basic and diluted net income per common share of $0.05 a year ago. Operating loss was $4,535,000 against operating income of $7,695,000 a year ago. Cash flow from raven drilling operations was $1,208,000 against $1,365,000 a year ago. Adjusted discretionary cash flow was $12,491,000 against $15,801,000 a year ago. EBITDA was $11,977,000 against $14,899,000 a year ago. Adjusted EBITDA was $13,230,000 against $16,331,000 a year ago. Adjusted net loss, excluding certain non-cash items was $1,240,000 against adjusted net income, excluding certain non-cash items of $6,654,000 a year ago. Adjusted net loss, excluding certain non-cash items, per share diluted was $0.01 against adjusted net income, excluding certain non-cash items, per share diluted of $0.07 a year ago. For the quarter, the company reported crude oil per day of 4,475 Bblpd against 2,541 Bblpd a year ago, natural gas per day of 8,871 Mcfpd against 7,023 Mcfpd a year ago, natural gas liquids per day 637 Bblpd against 409 Bblpd a year ago, crude oil equivalent per day 6,590 Boepd against 4,120 a year ago and crude oil equivalent of 593 MBoe against 371 a year ago. Production volumes for the quarter were negatively impacted by gas processing constraints in the Bakken and Permian as well as increased work-over activity in the Eagle Ford and Bakken. The company forecasts 2015 capital expenditure budget from $54 million to $55 million, which should still generate free cash flow. The company lowered guidance to 6,500 to 7,000 barrels a day average for the year, which is the midpoint is still an 18% growth over 2014 average.

Abraxas Petroleum Corp. to Report Q1, 2015 Results on May 07, 2015

Abraxas Petroleum Corp. announced that they will report Q1, 2015 results at 11:00 AM, US Eastern Standard Time on May 07, 2015

 

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Industry Analysis

AXAS

Industry Average

Valuation AXAS Industry Range
Price/Earnings 5.5x
Price/Sales 2.4x
Price/Book 1.5x
Price/Cash Flow 3.0x
TEV/Sales 1.5x
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