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NASDAQ:AXASAbraxas Petroleum Stock Price, Forecast & News

$0.16
+0.02 (+14.03 %)
(As of 04/10/2020 02:31 AM ET)
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Today's Range
$0.14
Now: $0.16
$0.18
50-Day Range
$0.09
MA: $0.15
$0.23
52-Week Range
$0.09
Now: $0.16
$1.55
Volume12.48 million shs
Average Volume2.87 million shs
Market Capitalization$26.69 million
P/E Ratio0.45
Dividend YieldN/A
Beta2.03
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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Beat the Market (BTM) Rank

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

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$0.55 per share
Book Value$1.00 per share

Profitability

Net Income$57.82 million

Miscellaneous

Employees100
Market Cap$26.69 million
Next Earnings Date5/4/2020 (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 COVID-19 reached pandemic status according to the World Health Organization. Since then, AXAS shares have increased by 29.8% and is now trading at $0.1585. 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) released its quarterly earnings results on Wednesday, November, 13th. The energy company reported $0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.04 by $0.02. The energy company had revenue of $31.54 million for the quarter, compared to analysts' expectations 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 Wall Street analysts have issued 1 year target prices for Abraxas Petroleum's stock. Their forecasts range from $1.00 to $1.00. On average, they expect Abraxas Petroleum's stock price to reach $1.00 in the next year. This suggests a possible upside of 530.9% 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 trended very negative on Friday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, 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 gave news headlines about the energy company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutAbraxas Petroleum.

Are investors shorting Abraxas Petroleum?

Abraxas Petroleum saw a increase in short interest during the month of 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 trading volume of 2,170,000 shares, the short-interest ratio is presently 2.0 days. Currently, 2.7% of the shares of the 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 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 $0.16.

How big of a company is Abraxas Petroleum?

Abraxas Petroleum has a market capitalization of $26.69 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 4/10/2020 by MarketBeat.com Staff

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