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 $0.20 -0.01 (-4.74 %) (As of 07/9/2020 12:49 PM ET) Add Compare Share Today's Range$0.19Now: $0.20▼$0.2150-Day Range$0.19MA: $0.25▼$0.4552-Week Range$0.09Now: $0.20▼$1.08Volume3.39 million shsAverage Volume7.51 million shsMarket Capitalization$33.75 millionP/E Ratio0.57Dividend YieldN/ABeta3.47 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider 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 398.0% from its current price of $0.20.Amount of Analyst CoverageAbraxas Petroleum has received no research coverage in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesAbraxas Petroleum has received 407 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAbraxas Petroleum has received 381 “underperform” votes. (Add your “underperform” vote.)Community SentimentAbraxas Petroleum has received 51.65% “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 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Abraxas Petroleum insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.70% of the stock of Abraxas Petroleum is held by insiders.Percentage Held by InstitutionsOnly 28.73% of the stock of Abraxas Petroleum is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Abraxas Petroleum are expected to decrease in the coming year, from ($0.09) to ($0.54) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Abraxas Petroleum is 0.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Abraxas Petroleum is 0.57, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.79.Price to Book Value per Share RatioAbraxas Petroleum has a P/B Ratio of 0.32. 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: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.48 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 Webwww.abraxaspetroleum.com Phone210-490-4788Debt Debt-to-Equity Ratio1.86 Current Ratio0.42 Quick Ratio0.42Price-To-Earnings Trailing P/E Ratio0.57 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$129.15 million Price / Sales0.26 Cash FlowN/A Price / Cash FlowN/A Book Value$0.62 per share Price / Book0.32Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-65,000,000.00 Net Margins-50.33% Return on Equity-40.38% Return on Assets-14.15%Miscellaneous Employees100 Outstanding Shares168,070,000Market Cap$33.75 million Next Earnings Date8/5/2020 (Estimated) OptionableOptionable NASDAQ:AXAS Rates by TradingView 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. 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 (WHO). Since then, AXAS shares have increased by 64.5% and is now trading at $0.2008. 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 Wednesday, August 5th 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 data on Wednesday, November, 13th. The energy company reported $0.02 earnings per share 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 analyst estimates of $34.15 million. Abraxas Petroleum had a negative net margin of 50.33% and a negative return on equity of 40.38%. View Abraxas Petroleum's earnings history. What price target have analysts set for AXAS? 6 Wall Street analysts have issued 12 month target prices for Abraxas Petroleum's shares. 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 twelve months. This suggests a possible upside of 398.0% from the stock's current price. View analysts' price targets for Abraxas Petroleum. Has Abraxas Petroleum been receiving favorable news coverage? News articles about AXAS stock have been trending negative on Thursday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Abraxas Petroleum earned a media sentiment score of -2.1 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 stock's share price in the near future. View the latest news about Abraxas Petroleum. Are investors shorting Abraxas Petroleum? Abraxas Petroleum saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 12,960,000 shares, a decrease of 16.6% from the June 15th total of 15,540,000 shares. Based on an average trading volume of 12,670,000 shares, the short-interest ratio is presently 1.0 days. Currently, 7.9% 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), Apache (APA), Marathon Oil (MRO), Noble Energy (NBL), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC) and Range Resources (RRC). View all 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 (CHK), Northern Tier Energy (NTI), ANI Pharmaceuticals (ANIP), Whiting Petroleum (WLL), THL Credit (TCRD), VASCO Data Security International (VDSI), Seanergy Maritime (SHIP), Acasti Pharma (ACST), Select Income REIT (SIR) and Amplify Energy (AMPY). 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." 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 $0.20. How big of a company is Abraxas Petroleum? Abraxas Petroleum has a market capitalization of $33.75 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. 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