NASDAQ:AXAS

Abraxas Petroleum Stock Forecast, Price & News

$2.69

-0.03 (-1.10 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$2.64

Now: $2.69▼

$2.73

50-Day Range

$2.29

MA: $2.58▼

$2.87

52-Week Range

$1.41

Now: $2.69▼

$11.00

Volume209,766 shs

Average Volume383,505 shs

Market Capitalization$22.60 million

P/E RatioN/A

Dividend YieldN/A

Beta3.53

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, 2019, its estimated net proved reserves were 56.4 million barrels of oil equivalent. The company was founded in 1977 and is based in San Antonio, Texas.

MarketRank^™

Overall MarketRank^™

0.77 out of 5 stars

Oils/Energy Sector

357th out of 669 stocks

Crude Petroleum & Natural Gas Industry

126th out of 247 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Abraxas Petroleum.

2.6 Community Rank

Outperform Votes
Abraxas Petroleum has received 414 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Abraxas Petroleum has received 390 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Abraxas Petroleum has received 51.49% “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.

0.0 Dividend Strength

Dividend Yield
Abraxas Petroleum does not currently pay a dividend.
Dividend Growth
Abraxas Petroleum does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Abraxas Petroleum insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.80% of the stock of Abraxas Petroleum is held by insiders.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Abraxas Petroleum are expected to grow in the coming year, from ($0.22) to $0.06 per share.
Price to Book Value per Share Ratio
Abraxas Petroleum has a P/B Ratio of 0.22. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Webwww.abraxaspetroleum.com

Phone210-490-4788

Employees100

Debt

Debt-to-Equity Ratio3.24

Current Ratio1.63

Quick Ratio1.62

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$129.15 million

Price / Sales0.18

Cash FlowN/A

Price / Cash FlowN/A

Book Value$12.33 per share

Price / Book0.22

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-65,000,000.00

Net Margins-313.53%

Return on Equity-61.90%

Return on Assets-15.09%

Miscellaneous

Outstanding Shares8,403,000

Market Cap$22.60 million

Next Earnings Date2/8/2021 (Estimated)

OptionableOptionable

$2.69

-0.03 (-1.10 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AXAS stock has increased by 2,103.1% and is now trading at $2.69.
View which stocks have been most impacted by COVID-19.

Is Abraxas Petroleum a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Abraxas Petroleum in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Abraxas Petroleum stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AXAS, but not buy additional shares or sell existing shares.
View analyst ratings for Abraxas Petroleum or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Abraxas Petroleum?

Wall Street analysts have given Abraxas Petroleum a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Abraxas Petroleum wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as Abraxas Petroleum's CEO?

1,448 employees have rated Abraxas Petroleum CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among Abraxas Petroleum's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Abraxas Petroleum's next earnings date?

Abraxas Petroleum is scheduled to release its next quarterly earnings announcement on Monday, February 8th 2021.
View our earnings forecast for Abraxas Petroleum.

How were Abraxas Petroleum's earnings last quarter?

Abraxas Petroleum Co. (NASDAQ:AXAS) posted its quarterly earnings data on Monday, November, 9th. The energy company reported ($0.99) earnings per share for the quarter, missing the consensus estimate of ($0.03) by $0.96. The energy company earned $12.60 million during the quarter, compared to analyst estimates of $10 million. Abraxas Petroleum had a negative return on equity of 61.90% and a negative net margin of 313.53%.
View Abraxas Petroleum's earnings history.

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), Diamondback Energy (FANG), Cabot Oil & Gas (COG), Continental Resources (CLR), Devon Energy (DVN), Marathon Oil (MRO), WPX Energy (WPX), Cimarex Energy (XEC), EQT (EQT), PDC Energy (PDCE), Range Resources (RRC) and Southwestern Energy (SWN).
View all of AXAS's competitors.

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 Chesapeake Energy (CHKAQ), 1579 (NTI), ANI Pharmaceuticals (ANIP), Seanergy Maritime (SHIP), Whiting Petroleum (WLL), Acasti Pharma (ACST), THL Credit (TCRD), Matinas BioPharma (MTNB), Gran Tierra Energy (GTE) and 385805 (VDSI).

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 70, Pay $544.5k)
Mr. Steven P. Harris, VP & CFO (Age 47, Pay $258.62k)
Mr. Kenneth Wayne Johnson, VP of Operations (Age 63, Pay $293.99k)
Mr. Stephen T. Wendel, VP of Contracts & Marketing and Corp. Sec. (Leave of Absence) (Age 71, Pay $293.99k)
Mr. Peter A. Bommer, VP of Engineering (Age 64, Pay $293.99k)
Mr. George William Krog Jr., VP & Chief Accounting Officer (Age 67)

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 WeBull, 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 $2.69.

How big of a company is Abraxas Petroleum?

Abraxas Petroleum has a market capitalization of $22.60 million and generates $129.15 million in revenue each year. Abraxas Petroleum employs 100 workers across the globe.

What is Abraxas Petroleum's official website?

The official website for Abraxas Petroleum is 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 1/24/2021 by MarketBeat.com Staff

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