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Abraxas Petroleum Corp (AXAS.OQ)

AXAS.OQ on NASDAQ Stock Exchange Capital Market

1.67USD
17 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Abraxas Petroleum files for sale of up to an aggregate of 2 mln shares
Thursday, 10 Aug 2017 04:33pm EDT 

Aug 10 (Reuters) - Abraxas Petroleum Corp :Abraxas Petroleum Corp files for sale of up to an aggregate of 2 million shares of common stock by the selling stockholder - sec filing.  Full Article

Abraxas Q2 earnings per share $0.04
Tuesday, 8 Aug 2017 05:30pm EDT 

Aug 8 (Reuters) - Abraxas Petroleum Corp :Abraxas announces second quarter 2017 results.Q2 adjusted earnings per share $0.01 excluding items.Q2 earnings per share $0.04.Q2 revenue $13.2 million.Q2 revenue view $17.6 million -- Thomson Reuters I/B/E/S.Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S.Abraxas Petroleum Corp qtrly production of 471 MBoe (5,172 Boepd).Abraxas Petroleum Corp - expects to meet or exceed company's originally forecasted 2017 exit rate of 9,500 Boepd in coming weeks​.Abraxas Petroleum Corp - sees FY ‍total production 7,800 Boepd - 8,200​ Boepd.Abraxas Petroleum Corp sees ‍2017 CAPEX $120​ million.Abraxas Petroleum Corp - sees ‍2018 total production 11,500​ Boepd.Abraxas Petroleum Corp sees ‍2018 CAPEX $90​ million.Abraxas Petroleum Corp - sees ‍2019 total production 12,750 Boepd​.Abraxas Petroleum Corp sees ‍2019 CAPEX $90​ million.  Full Article

Abraxas Petroleum announces signing of DEAL to acquire 853 net Delaware Basin Bone Spring/Wolfcamp acres for $4.6 million
Friday, 14 Jul 2017 07:00am EDT 

July 14 (Reuters) - Abraxas Petroleum Corp ::Says midpoint of 2017 G&A guidance increasing by about $1.25 million to account for bonus accruals & additional staffing needs.Says plans to revisit 2017 production guidance after achieving stabilized rates from company's recent completions.Announces acquisition of 853 Net Delaware Basin Bone Spring/Wolfcamp Acres and provides divestiture update.Announces Acquisition Of 853 Net Delaware Basin Bone Spring/Wolfcamp Acres and provides divestiture update.Says definitive agreement signed to sell a portion of company's Powder River Basin assets for $4.6 million.Says ‍increasing capital expenditure budget to $120 million for 2017.​.Says ‍with continued cost control,divestiture of high LOE barrels, reducing midpoint of LOE guidance by approximately $1.00/BBL for 2017​.  Full Article

Abraxas acquires 2,008 net Wolfcamp/Bone Spring acres
Tuesday, 23 May 2017 04:15pm EDT 

May 23 (Reuters) - Abraxas Petroleum Corp :Abraxas announces acquisition of 2,008 net wolfcamp/bone spring acres.Abraxas petroleum corp - deal for $22.2 million.Abraxas petroleum corp - abraxas plans to fund acquisition entirely on company's line of credit with an anticipated closing date in june 2017.  Full Article

Abraxas reports Q1 earnings per share $0.09
Tuesday, 9 May 2017 04:15pm EDT 

May 9 (Reuters) - Abraxas Petroleum Corp :Abraxas announces first quarter 2017 results.Q1 adjusted earnings per share $0.03 excluding items.Q1 earnings per share $0.09.Q1 revenue $18.8 million versus I/B/E/S view $19.8 million.Q1 earnings per share view $0.02 -- Thomson Reuters I/B/E/S.Abraxas Petroleum Corp says abraxas reiterates its 2017 full year guidance of 7,800 to 8,600 boepd on a capital expenditure budget of $110 million.Abraxas Petroleum Corp says also reiterates company's cost guidance for year.  Full Article

Abraxas Petroleum sees 2017 LOE of $6.00 -$8.00 per BOE
Monday, 6 Feb 2017 04:46pm EST 

Abraxas Petroleum Corp : Abraxas Petroleum Corp- sees 2017 production 7800 boepd-8600 boepd - .Sees 2017 LOE of $6.00 -$8.00 per BOE.  Full Article

Abraxas prices 25 mln share offering at $2.40 per share
Friday, 20 Jan 2017 07:43am EST 

Abraxas Petroleum Corp - : Abraxas Petroleum announces pricing of upsized common stock offering .Has priced upsized underwritten public offering of 25 million shares of its common stock at a public offering price of $2.40 per share.  Full Article

Abraxas launches common stock offering
Thursday, 19 Jan 2017 04:23pm EST 

Abraxas Petroleum Corp - : Abraxas launches common stock offering . Says offering 20.0 million common shares .Plan to use net proceeds from offering to accelerate drilling program with expanded 2017 capital expenditure of about $110 million.  Full Article

Abraxas files for offering of up to 20 mln shares
Thursday, 19 Jan 2017 04:20pm EST 

Abraxas Petroleum Corp :Files for offering of up to 20.0 million shares of co's common stock - SEC filing.  Full Article

Abraxas updates 2017 capex and production guidance
Thursday, 19 Jan 2017 04:01pm EST 

Abraxas Petroleum Corp - : Abraxas announces acceleration of 2017 planned activity; updates capex and production guidance . Says board of directors recently approved an increase in Abraxas' 2017 capital budget from $60 million to $110 million . Forecasts increase in activity will lead to average production of 8,200 boepd at midpoint of updated 2017 guidance . Expects to fund this increase in its capital budget through cash on hand, availability under its credit facility . Sees 2017 exit rate of approximately 9,500 Boepd .Forecasts average production of 8,200 boepd at midpoint of updated 2017 guidance with a 2017 exit rate of about 9,500 boepd.  Full Article

BRIEF-Abraxas Petroleum files for sale of up to an aggregate of 2 mln shares

* Abraxas Petroleum Corp files for sale of up to an aggregate of 2 million shares of common stock by the selling stockholder - sec filing Source text: (http://bit.ly/2uuwaru) Further company coverage: