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NASDAQ:AXASAbraxas Petroleum Stock Price, Forecast & News

$0.19
-0.01 (-4.95 %)
(As of 05/29/2020 02:34 PM ET)
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Today's Range
$0.19
Now: $0.19
$0.20
50-Day Range
$0.13
MA: $0.21
$0.33
52-Week Range
$0.09
Now: $0.19
$1.20
Volume84,360 shs
Average Volume6.74 million shs
Market Capitalization$32.01 million
P/E Ratio0.54
Dividend YieldN/A
Beta3.6
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.
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Abraxas Petroleum logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.9Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.48 out of 5 stars


Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNASDAQ:AXAS
CUSIP00383010
Phone210-490-4788

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$149.17 million
Cash Flow$0.41 per share
Book Value$1.00 per share

Profitability

Net Income$57.82 million

Miscellaneous

Employees100
Market Cap$32.01 million
Next Earnings Date6/1/2020 (Estimated)
OptionableOptionable

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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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AXAS stock has increased by 55.7% and is now trading at $0.1901. 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, June 1st 2020. View our earnings forecast for Abraxas Petroleum.

How were Abraxas Petroleum's earnings last quarter?

Abraxas Petroleum Corp. (NASDAQ:AXAS) posted its quarterly earnings results on Wednesday, November, 13th. The energy company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.04 by $0.02. The energy company earned $31.54 million during the quarter, compared to the consensus estimate of $34.15 million. Abraxas Petroleum had a return on equity of 9.26% and a net margin of 43.17%. View Abraxas Petroleum's earnings history.

What price target have analysts set for AXAS?

6 brokerages have issued 1-year target prices 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 426.0% from the stock's current price. View analysts' price targets for Abraxas Petroleum.

Has Abraxas Petroleum been receiving favorable news coverage?

Press coverage about AXAS stock has been trending negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Abraxas Petroleum earned a daily sentiment score of -2.4 on InfoTrie's scale. They also assigned news coverage about the energy company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutAbraxas Petroleum.

Are investors shorting Abraxas Petroleum?

Abraxas Petroleum saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,150,000 shares, an increase of 76.7% from the April 30th total of 6,310,000 shares. Based on an average daily volume of 9,650,000 shares, the short-interest ratio is presently 1.2 days. Currently, 6.8% of the company's stock are short sold. View Abraxas Petroleum's Current Options Chain.

Who are some of Abraxas Petroleum's key competitors?

What other stocks do shareholders of Abraxas Petroleum own?

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 69, Pay $737.8k)
  • Mr. Steven P. Harris, VP & CFO (Age 45, Pay $323.81k)
  • Mr. Kenneth Wayne Johnson, VP of Operations (Age 62, Pay $386.9k)
  • Mr. Stephen T. Wendel, VP of Contracts & Marketing and Corp. Sec. (Age 70, Pay $359.31k)
  • Mr. Peter A. Bommer, VP of Engineering (Age 63, Pay $358.31k)

What is Abraxas Petroleum's stock symbol?

Abraxas Petroleum trades on the NASDAQ under the ticker symbol "AXAS."

Who are Abraxas Petroleum's major shareholders?

Abraxas Petroleum's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.81%), Russell Investments Group Ltd. (2.29%), State Street Corp (1.84%), Biglari Capital CORP. (1.12%), Invesco Ltd. (0.71%) and Sigma Planning Corp (0.62%). Company insiders that own Abraxas Petroleum stock include Peter A Bommer, Robert L G Watson, Stephen T Wendel and Tod A Clarke. View institutional ownership trends for Abraxas Petroleum.

Which major investors are selling Abraxas Petroleum stock?

AXAS stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., and Biglari Capital CORP.. View insider buying and selling activity for Abraxas Petroleum.

Which major investors are buying Abraxas Petroleum stock?

AXAS stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Invesco Ltd., State Street Corp, Sigma Planning Corp, and Wells Fargo & Company MN. Company insiders that have bought Abraxas Petroleum stock in the last two years include Peter A Bommer, Robert L G Watson, and Stephen T Wendel. View insider buying and selling activity for Abraxas Petroleum.

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 $0.19.

How big of a company is Abraxas Petroleum?

Abraxas Petroleum has a market capitalization of $32.01 million and generates $149.17 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 5/29/2020 by MarketBeat.com Staff

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