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Abraxas Petroleum Corporation (AXAS)

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1.120 -0.045    -3.86%
29/11 - Closed. Currency in USD ( Disclaimer )
After Hours
1.120
0.000
0.000%
15:52:11 - Delayed Data
Type:  Equity
Market:  United States
  • Volume: 10,311
  • Bid/Ask: 0.000 / 0.000
  • Day's Range: 1.120 - 1.170
Abraxas Petroleum 1.120 -0.045 -3.86%

AXAS Financial Summary

 
A brief financial summary of Abraxas Petroleum Corporation as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

Abraxas Petroleum Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 13.25 million compared to USD 20.87 million a year ago. Net income was USD 2.43 million compared to net loss of USD 1.25 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to basic loss per share from continuing operations of USD 0.15 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to diluted loss per share from continuing operations of USD 0.15 a year ago.For the nine months, revenue was USD 39.97 million compared to USD 55.98 million a year ago. Net income was USD 49.31 million compared to net loss of USD 38.94 million a year ago. Basic earnings per share from continuing operations was USD 4.64 compared to basic loss per share from continuing operations of USD 4.63 a year ago. Diluted earnings per share from continuing operations was USD 4.64 compared to diluted loss per share from continuing operations of USD 4.63 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

AXAS Income Statement

Gross margin TTM 71.33%
Operating margin TTM 39.3%
Net Profit margin TTM 69.5%
Return on Investment TTM 0%
 Total Revenue  Net Income
Period Ending: Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021
Total Revenue 13.25 14.54 12.19 22.88
Gross Profit 9.41 10.74 8.47 16.43
Operating Income 2.42 6.78 11.51 12.09
Net Income 2.43 6.75 40.13 -5.63

AXAS Balance Sheet

Quick Ratio MRQ 2.53
Current Ratio MRQ 2.86
LT Debt to Equity MRQ -
Total Debt to Equity MRQ 0%
 Total Assets  Total Liabilities
Period Ending: Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021
Total Assets 88.15 85.58 78.13 130.48
Total Liabilities 15.03 17.86 17.3 247.06
Total Equity 73.12 67.72 60.83 -116.59

AXAS Cash Flow Statement

Cash Flow/Share TTM -
Revenue/Share TTM -
Operating Cash Flow  77.33%
 Cash  Net Change in Cash
Period Ending: Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021
Period Length: 0 Months 0 Months 3 Months 0 Months
Cash From Operating Activities 9.31 8.97 4.36 32.42
Cash From Investing Activities -0.354 0.208 71.75 -0.52
Cash From Financing Activities -2.36 -0.077 -76.73 -24.64
Net Change in Cash 6.6 9.1 -0.63 7.26
* In Millions of USD (except for per share items)
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AXAS Comments

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Devrim Demir
Devrim Demir Jun 07, 2021 3:50PM ET
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Waiting for $50 ;)
Tomer Brosh
Tomer Brosh Feb 17, 2021 9:00AM ET
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frozen down today?
Luis Ramos
Luis Ramos Jan 28, 2021 2:24PM ET
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Oh yeah, was waiting for this one. Abraxas will go to the top.
Tariq Matloob
Tariq Matloob Jan 08, 2021 2:25AM ET
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Abraxas Petroleum Corporation AXAS: This upstream operator is primarily focused on the southeastern Delaware Basin and the Williston Basin. Abraxas Petroleum has an enviable production record at a CAGR of 16% since 2013. The company’s deep inventory of acreage in prime locations is its real asset.Over 30 days, the company has seen the Zacks Consensus Estimate for 2020 surge 93.9%. This Zacks Rank #2 stock jumped 13.8% on Oct 9.
Ahmed Alshilash
Ahmed Alshilash Jan 08, 2021 2:25AM ET
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Do you think that it deserve the price of $2.4 now?
원 투
원 투 Dec 10, 2020 12:05PM ET
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Look at the chart. The pattern of this stock is similar to the chart of all oil-related stocks. This stock is suitable for long-term investments for at least six months or a year. Large-cap stocks are good, but these small and medium-sized stocks will also surge if the economy recovers.
원 투
원 투 Dec 10, 2020 11:59AM ET
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I think this is a good stock for long-term investment until next year. Oil prices will be normalized. New energy stocks are in the spotlight, but demand for oil will pick up again. What is oil? It's a raw material used in every field of mankind.
Tice Mays
Tice Mays Dec 02, 2020 12:01PM ET
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Go go go
Tice Mays
Tice Mays Nov 27, 2020 7:00PM ET
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Such a sleeper stock...get ready
Tice Mays
Tice Mays Nov 19, 2020 7:41PM ET
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Love this one!
Willy Bell
Willy Bell Oct 29, 2020 6:12AM ET
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time to buy... this is about to soar.
 
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