|Bid||0.5003 x 1000|
|Ask||0.5500 x 800|
|Day's Range||0.5217 - 0.5500|
|52 Week Range||0.4300 - 2.5700|
|Beta (3Y Monthly)||2.32|
|PE Ratio (TTM)||2.07|
|Earnings Date||Nov 5, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.06|
San Antonio-based Abraxas Petroleum Corp. has been given six months to raise its 30-day stock price above $1 per share to avoid being removed from the Nasdaq exchange, the company told investors Wednesday. The company said it received a letter from the exchange on Tuesday warning it of an imminent delisting should it be unable to raise its stock price, which has been priced below $1 per share since July 16. Abraxas (Nasdaq: AXAS), whose stock price closed at 49.7 cents on Aug. 28, said it "intends to pursue actions to meet the minimum average share price requirement." The company — which has wells in the Permian Basin, the Bakken Shale and the Eagle Ford Shale — is the second San Antonio-based energy company to be warned of a delisting this year.
Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (AXAS) today announced that yesterday it received notice from The NASDAQ Stock Market LLC ("NASDAQ") that the company does not presently meet the NASDAQ continued listing standard which requires a minimum average closing price of $1.00 per share over a period of 30 consecutive trading days. In accordance with applicable NASDAQ procedures, the Company plans to timely notify NASDAQ that it intends to pursue actions to meet the minimum average share price requirement. NASDAQ provides for a period of 180 days following receipt of the notice to meet the standard and regain compliance for continued listing on the exchange.
If you want to know who really controls Abraxas Petroleum Corporation (NASDAQ:AXAS), then you'll have to look at the...
Trading of shares of oilfield services company Pioneer Energy Services Corp. was halted Wednesday as the New York Stock Exchange began the process to delist its stock. Although the San Antonio-based company was told in June that it had six months to get its stock price to $1 per share, the delisting was initiated prematurely due to an "abnormally low" trading price, according to a company statement. Pioneer closed its final day on the NYSE at 16 cents per share, an all-time low.
NuStar and Abraxas saw positive earnings this past quarter, although one Abraxas investor called the company's results "another series of disappointments."
Abraxas (AXAS) delivered earnings and revenue surprises of -50.00% and 5.52%, respectively, for the quarter ended June 2019. 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 six months ended June 30, 2019.
Abraxas (AXAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The institutional investor has been urging Abraxas' management to implement changes for years and is now making its proposal public.
Today we'll evaluate Abraxas Petroleum Corporation (NASDAQ:AXAS) to determine whether it could have potential as an...
After Abraxas Petroleum Corporation's (NASDAQ:AXAS) recent earnings announcement in March 2019, analyst forecasts seem...
Since Abraxas Petroleum Corporation (NASDAQ:AXAS) released its earnings in March 2019, analyst forecasts seem bearish...
Bob Watson has been the CEO of Abraxas Petroleum Corporation (NASDAQ:AXAS) since 1977. First, this article will...
Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (NASDAQ: AXAS) today announced that the Company’s management will participate in the upcoming Stifel 2019 Cross Sector Insight Conference, June 10-12th in Boston, MA. The Company is scheduled to present on Monday June 10 at 8:00 AM Eastern Time. The divestiture represented approximately 5 percent of the Company’s current Bakken daily production.
Abraxas Petroleum Corporation (NASDAQ:AXAS) is a company with exceptional fundamental characteristics. Upon building...
The company was in the red for its most recent quarter as it ramped up spending and experienced seasonal production difficulties.
NEW YORK, NY / ACCESSWIRE / May 7, 2019 / Abraxas Petroleum Corp. (NASDAQ: AXAS ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 7, 2019 at 3:00 PM Eastern ...
Abraxas (AXAS) delivered earnings and revenue surprises of -33.33% and 9.05%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the San Antonio-based company said it had a loss of 15 cents. Earnings, adjusted for non-recurring costs, came to 2 cents per share. The results fell short of Wall Street expectations. ...