Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the United States. More Details
Slightly overvalued with weak fundamentals.
Share Price & News
How has Abraxas Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXAS is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: AXAS's weekly volatility has decreased from 26% to 16% over the past year, but is still higher than 75% of US stocks.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: AXAS underperformed the US Oil and Gas industry which returned -29.6% over the past year.
Return vs Market: AXAS underperformed the US Market which returned 20.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Abraxas Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StA Quick Analysis On Abraxas Petroleum's (NASDAQ:AXAS) CEO Compensation
4 months ago | Simply Wall StBroker Revenue Forecasts For Abraxas Petroleum Corporation (NASDAQ:AXAS) Are Surging Higher
5 months ago | Simply Wall StIs Abraxas Petroleum Corporation’s (NASDAQ:AXAS) 19% ROCE Any Good?
Is Abraxas Petroleum undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AXAS ($2.51) is trading below our estimate of fair value ($6.06)
Significantly Below Fair Value: AXAS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AXAS is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: AXAS is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AXAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AXAS has negative assets, so we can't compare its PB Ratio to the US Oil and Gas industry average.
How is Abraxas Petroleum forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AXAS is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: AXAS is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: AXAS is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: AXAS's revenue is expected to decline over the next 3 years (-10.8% per year).
High Growth Revenue: AXAS's revenue is forecast to decline over the next 3 years (-10.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AXAS's Return on Equity is forecast to be high in 3 years time
How has Abraxas Petroleum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXAS is currently unprofitable.
Growing Profit Margin: AXAS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AXAS is unprofitable, but has reduced losses over the past 5 years at a rate of 26.7% per year.
Accelerating Growth: Unable to compare AXAS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AXAS is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-29.6%).
Return on Equity
High ROE: AXAS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Abraxas Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: AXAS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AXAS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AXAS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AXAS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if AXAS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AXAS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Abraxas Petroleum current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AXAS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AXAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXAS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AXAS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Watson (69 yo)
Mr. Robert L. G. Watson, also known as Bob, has been the Chief Executive Officer of Abraxas Energy Partners LP’s general partner since May 2007 and was appointed to be the Chairman of the Board of Director...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD674.50K) is about average for companies of similar size in the US market ($USD561.41K).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
|VP & CFO||2yrs||US$321.13k||0.058% |
|Vice President of Operations||2.17yrs||US$362.74k||0.27% |
|VP of Contracts & Marketing and Corporate Secretary (Leave of Absence)||30.83yrs||US$362.74k||0.36% |
|Vice President of Engineering||8.67yrs||US$362.74k||0.26% |
|VP & Chief Accounting Officer||9.83yrs||no data||0.16% |
Experienced Management: AXAS's management team is seasoned and experienced (9.3 years average tenure).
|Lead Independent Director||14.83yrs||US$74.90k||0.26% |
|Advisory Director||0.33yr||US$67.65k||0.13% |
|Advisory Director||0.33yr||US$68.75k||0.059% |
|Independent Director||1.5yrs||US$54.80k||0.0055% |
|Director||0.25yr||no data||no data|
|Independent Director||11.08yrs||US$82.08k||0.026% |
Experienced Board: AXAS's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Abraxas Petroleum Corporation's company bio, employee growth, exchange listings and data sources
- Name: Abraxas Petroleum Corporation
- Ticker: AXAS
- Exchange: NasdaqCM
- Founded: 1977
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$20.990m
- Shares outstanding: 8.36m
- Website: https://www.abraxaspetroleum.com
Number of Employees
- Abraxas Petroleum Corporation
- 18803 Meisner Drive
- San Antonio
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AXAS||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||May 1991|
|AXOA||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 1991|
Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the United States. The company ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 23:59|
|End of Day Share Price||2020/11/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.