NASDAQ:AXASAbraxas Petroleum Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Abraxas Petroleum Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $0.14 +0.01 (+7.75 %) (As of 04/9/2020 04:44 AM ET) Add Compare Share Today's Range$0.13Now: $0.14▼$0.1450-Day Range$0.09MA: $0.15▼$0.2352-Week Range$0.09Now: $0.14▼$1.55Volume2.74 million shsAverage Volume2.73 million shsMarket Capitalization$23.41 millionP/E Ratio0.40Dividend YieldN/ABeta2.03 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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, the Rocky Mountain, and South Texas regions. As of December 31, 2018, its estimated net proved reserves were 67.2 million barrels of oil equivalent. The company was founded in 1977 and is based in San Antonio, Texas.Read More Beat the Market (BTM) Rank™ 2.9 Analyst's Opinion Consensus RatingAbraxas Petroleum has received a consensus rating of Hold. The company's average rating score is 1.83, and is based on no buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.00, Abraxas Petroleum has a potential upside of 619.4% from its current price of $0.14.Amount of Analyst CoverageAbraxas Petroleum has only been the subject of 3 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesAbraxas Petroleum has received 399 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAbraxas Petroleum has received 379 “underperform” votes. (Add your “underperform” vote.)Community SentimentAbraxas Petroleum has received 51.29% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Abraxas Petroleum and other stocks. Vote “Outperform” if you believe AXAS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AXAS will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldAbraxas Petroleum does not currently pay a dividend.Dividend GrowthAbraxas Petroleum does not have a long track record of dividend growth. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Abraxas Petroleum insiders have bought more of their company's stock than they have sold. Specifically, they have bought $8,491.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.70% of the stock of Abraxas Petroleum is held by insiders.Percentage Held by Institutions36.78% of the stock of Abraxas Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Abraxas Petroleum are expected to decrease by -25.00% in the coming year, from $0.08 to $0.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Abraxas Petroleum is 0.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Abraxas Petroleum is 0.40, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.90.Price to Book Value per Share RatioAbraxas Petroleum has a P/B Ratio of 0.14. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.9Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.28 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNASDAQ:AXAS Previous Symbol CUSIP00383010 CIK867665 Webhttp://www.abraxaspetroleum.com/ Phone210-490-4788Debt Debt-to-Equity Ratio1.17 Current Ratio0.74 Quick Ratio0.74Price-To-Earnings Trailing P/E Ratio0.40 Forward P/E Ratio1.74 P/E GrowthN/A Sales & Book Value Annual Sales$149.17 million Price / Sales0.16 Cash Flow$0.48 per share Price / Cash Flow0.29 Book Value$1.00 per share Price / Book0.14Profitability EPS (Most Recent Fiscal Year)$0.18 Net Income$57.82 million Net Margins43.17% Return on Equity9.26% Return on Assets3.45%Miscellaneous Employees100 Outstanding Shares168,400,000Market Cap$23.41 million Next Earnings Date5/4/2020 (Estimated) OptionableOptionable Receive AXAS News and Ratings via Email Sign-up to receive the latest news and ratings for AXAS and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:AXAS Rates by TradingView Abraxas Petroleum (NASDAQ:AXAS) Frequently Asked Questions How has Abraxas Petroleum's stock been impacted by COVID-19 (Coronavirus)? Abraxas Petroleum's stock was trading at $0.1221 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AXAS stock has increased by 13.8% and is now trading at $0.1390. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Abraxas Petroleum? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Abraxas Petroleum in the last year. There are currently 1 sell rating and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Abraxas Petroleum. When is Abraxas Petroleum's next earnings date? Abraxas Petroleum is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Abraxas Petroleum. How were Abraxas Petroleum's earnings last quarter? Abraxas Petroleum Corp. (NASDAQ:AXAS) posted its earnings results on Wednesday, November, 13th. The energy company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.02. The energy company earned $31.54 million during the quarter, compared to analyst estimates of $34.15 million. Abraxas Petroleum had a net margin of 43.17% and a return on equity of 9.26%. View Abraxas Petroleum's earnings history. What price target have analysts set for AXAS? 6 brokers have issued 1 year price targets for Abraxas Petroleum's stock. Their forecasts range from $1.00 to $1.00. On average, they anticipate Abraxas Petroleum's share price to reach $1.00 in the next year. This suggests a possible upside of 619.4% from the stock's current price. View analysts' price targets for Abraxas Petroleum. Has Abraxas Petroleum been receiving favorable news coverage? Headlines about AXAS stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Abraxas Petroleum earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned media coverage about the energy company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutAbraxas Petroleum. Are investors shorting Abraxas Petroleum? Abraxas Petroleum saw a increase in short interest in February. As of February 28th, there was short interest totaling 4,380,000 shares, an increase of 23.7% from the February 13th total of 3,540,000 shares. Based on an average daily volume of 2,170,000 shares, the short-interest ratio is presently 2.0 days. Currently, 2.7% of the shares of the company are sold short. View Abraxas Petroleum's Current Options Chain. Who are some of Abraxas Petroleum's key competitors? Some companies that are related to Abraxas Petroleum include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Devon Energy (DVN), Noble Energy (NBL), Marathon Oil (MRO), EQT (EQT), Apache (APA), Cimarex Energy (XEC), WPX Energy (WPX) and Comstock Resources (CRK). What other stocks do shareholders of Abraxas Petroleum own? Based on aggregate information from My MarketBeat watchlists, some companies that other Abraxas Petroleum investors own include Northern Tier Energy (NTI), ANI Pharmaceuticals (ANIP), Chesapeake Energy (CHK), THL Credit (TCRD), Whiting Petroleum (WLL), VASCO Data Security International (VDSI), Select Income REIT (SIR), Acasti Pharma (ACST), Seanergy Maritime (SHIP) and ANNALY CAP MGMT/SH (NLY). Who are Abraxas Petroleum's key executives? Abraxas Petroleum's management team includes the following people: Mr. Robert L. G. Watson, Chairman, CEO & Pres (Age 68)Mr. Steven P. Harris, VP & CFO (Age 45)Mr. Kenneth Wayne Johnson, VP of Operations (Age 61)Mr. Stephen T. Wendel, VP of Contracts & Marketing and Corp. Sec. (Age 69)Mr. George William Krog Jr., VP & Chief Accounting Officer (Age 65) What is Abraxas Petroleum's stock symbol? Abraxas Petroleum trades on the NASDAQ under the ticker symbol "AXAS." How do I buy shares of Abraxas Petroleum? Shares of AXAS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Abraxas Petroleum's stock price today? One share of AXAS stock can currently be purchased for approximately $0.14. How big of a company is Abraxas Petroleum? Abraxas Petroleum has a market capitalization of $23.41 million and generates $149.17 million in revenue each year. The energy company earns $57.82 million in net income (profit) each year or $0.18 on an earnings per share basis. Abraxas Petroleum employs 100 workers across the globe. View additional information about Abraxas Petroleum. What is Abraxas Petroleum's official website? The official website for Abraxas Petroleum is http://www.abraxaspetroleum.com/. How can I contact Abraxas Petroleum? Abraxas Petroleum's mailing address is 18803 MEISNER DRIVE, SAN ANTONIO TX, 78258. The energy company can be reached via phone at 210-490-4788. This page was last updated on 4/9/2020 by MarketBeat.com StaffFeatured Article: What is the Fibonacci sequence?
