1.34 +0.02 (1.52%)
After hours: 5:58PM EST
|Bid||1.23 x 800|
|Ask||1.34 x 28000|
|Day's Range||1.2400 - 1.3400|
|52 Week Range||0.9000 - 3.2700|
|Beta (3Y Monthly)||1.68|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.94|
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! A look at the shareholders of AbraxasRead More...
Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (AXAS) will host its fourth quarter/year-end 2018 earnings conference call on Thursday March 14, 2019 at 2 PM Central Time (3 PM Eastern Time). Abraxas plans to announce fourth quarter and Year End 2018 operating and financial results after the market close on Wednesday, March 13, 2019. The conference call can be accessed by dialing 844.347.1028 and entering conference code 9495807.
San Antonio-based Abraxas Petroleum told investors Monday that it is cutting its spending by $13 million in 2019 and that it is considering selling off its Bakken Shale assets.
Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (AXAS) today provided 2019 Guidance, Operations and Corporate Updates. In light of the current commodity price environment and the Company’s focus on capital efficiency, Abraxas has revised its 2019 capital budget to $95 million, down from the previously announced $108 million. This budget is designed to produce free cash flow in the current commodity price environment, with limited impact on future production growth.
Bob Watson has been the CEO of Abraxas Petroleum Corporation (NASDAQ:AXAS) since 1977. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of Read More...
President Donald Trump signed the Tax Cuts and Jobs Act into law in December 2017, which cut the corporate tax rate from 35 percent to 21 percent, though the effective tax rate, or the percentage of income companies actually paid, varies. The Business Journal took a look at how the change impacted the bottom line at a few local companies. The effective tax rate for Cullen/Frost Bankers Inc. has been less than 11 percent since 2016, but Rush Enterprises saw a significant decrease in its effective tax rate, from 38.7 percent in 2017 to 25 percent this past year.
NEW YORK/HOUSTON, Dec 21 (Reuters) - U.S. shale producers are slamming the brakes on next year's drilling with crude prices off 40 percent and mounting fears of oversupply, paring budgets that in some cases were set only weeks earlier. The reversal is alarming because blistering growth in shale fields has propelled U.S. crude output 16 percent to about 10.9 million barrels per day for 2018, above Saudi Arabia and Russia. Shale producer Centennial Resource Development on Thursday joined rivals Diamondback Energy, and Parsley Energy in canceling drilling rig additions next year.
Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (AXAS) provides the following operational update. In McKenzie County North Dakota, our four well Ravin NE Pad has been on production for 25 days and has averaged 1,182 barrels of oil and 2.1 million cubic feet of gas per day (1,532 barrels of oil equivalent per day, BOEPD) per well. Production is currently being restricted due to an aberration in the North Dakota crude oil market where December differentials are approximately $21 per barrel.
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Texas companies were shuffling CFOs last week, with three publicly traded energy businesses announcing changes in their top financial roles. Halliburton, Anadarko and Abraxas all have new CFO this week.
Abraxas Petroleum Corp. named Steven Harris vice president and chief financial officer, according to a company filing with the U.S. Securities and Exchange Commission. Harris' appointment comes as San Antonio-based Abraxas (Nasdaq: AXAS) reported earning $1.78 million in net income on $41.63 million in revenue during the third quarter that ended Sept. 30. The company reported steady operations in the Delaware Basin in West Texas and the Williston Basin in North Dakota.
Abraxas (AXAS) delivered earnings and revenue surprises of 25.00% and 24.75%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Abraxas Petroleum Corporation today reported financial and operating results for the three and nine months ended September 30, 2018.
Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (AXAS) provides the following operational update. In the Delaware Basin of West Texas and specifically Ward County, our two well Mesquite Pad has been on production for 20 days and is currently producing over 1400 barrels of oil equivalent per day (including currently flared gas) from two approximate 4800 foot laterals. To the best of our knowledge, the upper Third Bone Spring has not been previously tested by industry in our area and represents a new landing zone for Abraxas.
Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (AXAS) will host its third quarter 2018 earnings conference call on Thursday, November 8, 2018 at 2 PM Central Time (3 PM Eastern Time). Abraxas plans to announce third quarter 2018 operating and financial results after the market close on Wednesday, November 7, 2018. The conference call can be accessed by dialing 844.347.1028 and entering conference code 9385155.
Abraxas Petroleum Corp. ("Abraxas") (AXAS) today has announced a change in leadership roles. William H. Wallace, has resigned as VP of Operations to pursue other career opportunities. The Board of Directors of Abraxas has appointed Mr. Kenneth W. Johnson, currently Abraxas’ Regional Operations Manager, as the new VP of Operations.
If you own shares in Abraxas Petroleum Corporation (NASDAQ:AXAS) then it’s worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measureRead More...