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Abraxas Petroleum OTCPK:AXAS Stock Report

Last Price

US$0.035

Market Cap

US$10.3m

7D

-66.0%

1Y

-98.0%

Updated

23 Jun, 2023

Data

Company Financials

Abraxas Petroleum Corporation

OTCPK:AXAS Stock Report

Market Cap: US$10.3m

AXAS Stock Overview

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

AXAS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Abraxas Petroleum Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Abraxas Petroleum
Historical stock prices
Current Share PriceUS$0.035
52 Week HighUS$1.97
52 Week LowUS$0.021
Beta3.15
1 Month Change8.10%
3 Month Change-94.74%
1 Year Change-97.96%
3 Year Change-99.30%
5 Year Change-99.94%
Change since IPO-99.97%

Recent News & Updates

Recent updates

It Looks Like Abraxas Petroleum Corporation's (NASDAQ:AXAS) CEO May Expect Their Salary To Be Put Under The Microscope

Jul 07
It Looks Like Abraxas Petroleum Corporation's (NASDAQ:AXAS) CEO May Expect Their Salary To Be Put Under The Microscope

Abraxas Petroleum: Remains In A State Of Limbo

Jun 16

Abraxas Petroleum Looks To Be Headed Towards Restructuring

May 02

News Flash: Analysts Just Made A Substantial Upgrade To Their Abraxas Petroleum Corporation (NASDAQ:AXAS) Forecasts

Jan 26
News Flash: Analysts Just Made A Substantial Upgrade To Their Abraxas Petroleum Corporation (NASDAQ:AXAS) Forecasts

Shareholder Returns

AXASUS Oil and GasUS Market
7D-66.0%-5.1%-2.4%
1Y-98.0%2.6%23.3%

Return vs Industry: AXAS underperformed the US Oil and Gas industry which returned -4% over the past year.

Return vs Market: AXAS underperformed the US Market which returned 15.2% over the past year.

Price Volatility

Is AXAS's price volatile compared to industry and market?
AXAS volatility
AXAS Average Weekly Movement111.7%
Oil and Gas Industry Average Movement5.4%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: AXAS's share price has been volatile over the past 3 months.

Volatility Over Time: AXAS's weekly volatility has increased from 55% to 112% over the past year.

About the Company

FoundedEmployeesCEOWebsite
197718n/awww.abraxaspetroleum.com

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. It operates oil and gas assets in the Permian/Delaware Basin and the Rocky Mountain regions. The company was founded in 1977 and is based in San Antonio, Texas

Abraxas Petroleum Corporation Fundamentals Summary

How do Abraxas Petroleum's earnings and revenue compare to its market cap?
AXAS fundamental statistics
Market capUS$10.27m
Earnings (TTM)US$37.33m
Revenue (TTM)US$49.74m

0.1x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AXAS income statement (TTM)
RevenueUS$49.74m
Cost of RevenueUS$14.97m
Gross ProfitUS$34.76m
Other Expenses-US$2.56m
EarningsUS$37.33m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.37
Gross Margin69.89%
Net Profit Margin75.05%
Debt/Equity Ratio0%

How did AXAS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/23 10:50
End of Day Share Price 2023/06/22 00:00
Earnings2022/12/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Abraxas Petroleum Corporation is covered by 17 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joel MusanteAlliance Global Partners
Joseph AllmanBaird
Anthony PetrucciCanaccord Genuity