NASDAQ:AXAS - Abraxas Petroleum Stock Price, Forecast & News

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

Abraxas Petroleum Corp. (NASDAQ:AXAS) issued its quarterly earnings results on Wednesday, November, 13th. The energy company reported $0.02 earnings per share for the quarter, missing the Zacks' 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 return on equity of 9.26% and a net margin of 43.17%. View Abraxas Petroleum's Earnings History.

Abraxas Petroleum is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Abraxas Petroleum.

3 brokerages have issued 1 year target prices for Abraxas Petroleum's shares. 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 329.7% from the stock's current price. View Analyst Price Targets for Abraxas Petroleum.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Abraxas Petroleum in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Abraxas Petroleum.

News stories about AXAS stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing 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 news impact score of 2.0 on InfoTrie's scale. They also assigned news stories about the energy company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Abraxas Petroleum.

Some companies that are related to Abraxas Petroleum include Apache (APA), Noble Energy (NBL), SRC Energy (SRCI), Carrizo Oil & Gas (CRZO), Oasis Petroleum (OAS), Northern Oil & Gas (NOG), Contango Oil & Gas (MCF), Isramco (ISRL), Evolution Petroleum (EPM), Approach Resources (AREX), Berry Petroleum (BRY), Blue Ridge Mountain Resources (MHRCQ), Bonanza Creek Energy (BCEI), Cabot Oil & Gas (COG) and Callon Petroleum (CPE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Abraxas Petroleum investors own include Northern Tier Energy (NTI), ANI Pharmaceuticals (ANIP), THL Credit (TCRD), Chesapeake Energy (CHK), Whiting Petroleum (WLL), VASCO Data Security International (VDSI), Select Income REIT (SIR), ANNALY CAP MGMT/SH (NLY), Seanergy Maritime (SHIP) and Acasti Pharma (ACST).

Abraxas Petroleum's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (1.66%), Formula Growth Ltd. (1.45%), BLB&B Advisors LLC (0.70%), Sigma Planning Corp (0.57%), Renaissance Technologies LLC (0.47%) and RPg Family Wealth Advisory LLC (0.37%). Company insiders that own Abraxas Petroleum stock include Geoffrey R King, Peter A Bommer, Robert L G Watson, Stephen T Wendel and Tod A Clarke. View Institutional Ownership Trends for Abraxas Petroleum.

AXAS stock was sold by a variety of institutional investors in the last quarter, including Formula Growth Ltd., BLB&B Advisors LLC, State Street Corp, CWM LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Abraxas Petroleum.

AXAS stock was bought by a variety of institutional investors in the last quarter, including RPg Family Wealth Advisory LLC, Panagora Asset Management Inc., UBS Group AG, Renaissance Technologies LLC, Perritt Capital Management Inc., Virtu Financial LLC, Goldman Sachs Group Inc. and Barclays PLC. Company insiders that have bought Abraxas Petroleum stock in the last two years include Geoffrey R King, Peter A Bommer, Robert L G Watson and Stephen T Wendel. View Insider Buying and Selling for 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.

One share of AXAS stock can currently be purchased for approximately $0.23.

Abraxas Petroleum has a market capitalization of $39.19 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.