Last $5.56 USD
Change Today +0.09 / 1.65%
Volume 1.6M
AXAS On Other Exchanges
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Exchange
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As of 5:20 PM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

abraxas petroleum corp (AXAS) Snapshot

Open
$5.49
Previous Close
$5.47
Day High
$5.58
Day Low
$5.34
52 Week High
07/1/14 - $6.45
52 Week Low
09/6/13 - $2.43
Market Cap
585.9M
Average Volume 10 Days
2.5M
EPS TTM
$0.18
Shares Outstanding
105.4M
EX-Date
--
P/E TM
30.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for ABRAXAS PETROLEUM CORP (AXAS)

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abraxas petroleum corp (AXAS) Details

Abraxas Petroleum Corporation, an independent energy company, is engaged in the acquisition, exploitation, development, and production of oil and gas in the United States and Canada. The company operates oil and gas assets in the Rocky Mountain, Permian Basin, and onshore Gulf Coast regions of the United States, as well as in the province of Alberta, Canada. As of December 31, 2013, its estimated net proved reserves were 31.0 million barrels of oil equivalent. The company was founded in 1977 and is based in San Antonio, Texas.

112 Employees
Last Reported Date: 03/17/14
Founded in 1977

abraxas petroleum corp (AXAS) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $547.5K
Chief Financial Officer and Vice President
Total Annual Compensation: $313.2K
Vice President of Operations
Total Annual Compensation: $306.9K
Vice President of Exploration
Total Annual Compensation: $306.9K
Vice President of Engineering
Total Annual Compensation: $304.1K
Compensation as of Fiscal Year 2013.

abraxas petroleum corp (AXAS) Key Developments

Abraxas Petroleum Corp. Reports Unaudited Consolidated Earnings and Production Guidance for the Second Quarter and Six Months Ended June 30, 2014; Provides Production and Capex Guidance for the Third Quarter of 2014

Abraxas Petroleum Corp. reported unaudited consolidated earnings and production guidance for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenues of $33,559,000 against $21,494,000 a year ago. Adjusted EBITDA was $22,850,000 against $11,723,000 a year ago. Net income was $3,034,000 against $7,866,000 a year ago. Diluted net income per share was $0.03 against $0.08 a year ago. Adjusted net income, excluding certain non-cash items were $10,952,000 or $0.11 diluted earnings per share against $3,039,000 or $0.03 diluted earnings per share a year ago. Operating income was $12,590,000 against $2,867,000 a year ago. Net income before income tax was $3,034,000 against $7,953,000 a year ago. EBITDA was $21,505,000 against $10,506,000 a year ago. For the six months, the company reported revenues of $59,452,000 against $42,690,000 a year ago. Adjusted EBITDA was $38,961,000 against $23,197,000 a year ago. Net income was $7,738,000 against $8,461,000 a year ago. Diluted net income per share was $0.08 against $0.09 a year ago. Adjusted net income, excluding certain non-cash items were $17,243,000 or $0.18 diluted earnings per share against $5,370,000 or $0.06 diluted earnings per share a year ago. Operating income was $19,929,000 against $6,635,000 a year ago. Operating income was $19,929,000 against $6,635,000 a year ago. Net income before income tax was $7,738,000 against $8,548,000 a year ago. EBITDA was $36,184,000 against $20,331,000 a year ago. For the quarter, the company reported crude oil per day of 3,438 (Bblpd) against 2,094 (Bblpd) a year ago. Natural gas per day was 6,957 (Mcfpd) against 9,825 (Mcfpd) a year ago. Natural gas liquids per day was 390 (Bblpd) against 377 (Bblpd) a year ago. Crude oil equivalent per day was 4,987 (Boepd) against 4,109 (Boepd) a year ago. Crude oil equivalent was 453.8 (MBoe) against 373.9 (MBoe) a year ago. For the six months, the company reported crude oil per day of 3,011 (Bblpd) against 2,100 (Bblpd) a year ago. Natural gas per day was 7,069 (Mcfpd) against 10,162 (Mcfpd) a year ago. Natural gas liquids per day was 401 (Bblpd) against 368 (Bblpd) a year ago. Crude oil equivalent per day was 4,590 (Boepd) against 4,162 (Boepd) a year ago. Crude oil equivalent was 830.8 (MBoe) against 753.3 (MBoe) a year ago. The company provided production and CAPEX guidance for the third quarter 2014. For the quarter, the company expects total production range from 6,500 Boepd to 6,700 Boepd. CAPEX range from $53.0 million to $58.0 million.

Abraxas Petroleum Corp. to Report Q2, 2014 Results on Aug 06, 2014

Abraxas Petroleum Corp. announced that they will report Q2, 2014 results at 11:00 AM, GMT Standard Time on Aug 06, 2014

Abraxas Petroleum Corp., Q2 2014 Earnings Call, Aug 06, 2014

Abraxas Petroleum Corp., Q2 2014 Earnings Call, Aug 06, 2014

 

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Industry Analysis

AXAS

Industry Average

Valuation AXAS Industry Range
Price/Earnings 13.7x
Price/Sales 4.6x
Price/Book 3.8x
Price/Cash Flow 8.3x
TEV/Sales 4.7x
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