The company may no longer be operating, as it has been acquired. Find out why through their latest events.
Abraxas Petroleum Past Earnings Performance
Past criteria checks 3/6
Abraxas Petroleum's earnings have been declining at an average annual rate of -19.6%, while the Oil and Gas industry saw earnings growing at 33.2% annually. Revenues have been declining at an average rate of 18.5% per year. Abraxas Petroleum's return on equity is 61.1%, and it has net margins of 75.1%.
How Abraxas Petroleum makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
OTCPK:AXAS Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Dec 22
50
37
13
0
30 Sep 22
63
37
11
0
30 Jun 22
70
36
8
0
31 Mar 22
74
17
8
0
31 Dec 21
79
-45
8
0
30 Sep 21
69
-108
9
0
30 Jun 21
60
-180
9
0
31 Mar 21
44
-250
8
0
31 Dec 20
43
-185
9
0
30 Sep 20
59
-184
10
0
30 Jun 20
78
-93
10
0
31 Mar 20
110
2
11
0
31 Dec 19
129
-65
11
0
30 Sep 19
137
59
12
0
30 Jun 19
147
44
12
0
31 Mar 19
143
22
12
0
31 Dec 18
149
58
12
0
30 Sep 18
143
-2
14
0
30 Jun 18
126
-5
16
0
31 Mar 18
108
13
16
0
31 Dec 17
86
16
16
0
30 Sep 17
79
15
16
0
30 Jun 17
68
12
14
0
31 Mar 17
66
-42
14
0
31 Dec 16
57
-96
14
0
30 Sep 16
46
-158
11
0
30 Jun 16
47
-208
11
0
31 Mar 16
53
-167
11
0
31 Dec 15
67
-127
12
0
30 Sep 15
77
-31
15
0
30 Jun 15
103
47
14
0
31 Mar 15
116
56
14
0
31 Dec 14
122
62
13
0
30 Sep 14
112
69
12
0
30 Jun 14
99
47
12
0
31 Mar 14
88
51
12
0
31 Dec 13
84
47
12
0
30 Sep 13
82
0
12
0
30 Jun 13
71
-22
12
0
31 Mar 13
66
-19
11
0
31 Dec 12
59
3
10
0
30 Sep 12
60
-12
9
0
30 Jun 12
60
27
9
0
Quality Earnings: AXAS has a high level of non-cash earnings.
Growing Profit Margin: AXAS became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AXAS has become profitable over the past 5 years, growing earnings by -19.6% per year.
Accelerating Growth: AXAS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AXAS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-6.8%).
Return on Equity
High ROE: AXAS's Return on Equity (61.1%) is considered outstanding.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2023/06/23 19:17
End of Day Share Price
2023/06/22 00:00
Earnings
2022/12/31
Annual Earnings
2022/12/31
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.
* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Abraxas Petroleum Corporation is covered by 14 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.