Abraxas Petroleum Corporation

Company Profile

Abraxas Petroleum Corporation had its IPO on 1991-05-07 under the ticker symbol AXAS.

The company operates in the Energy sector and Oil & Gas E&P industry. Abraxas Petroleum Corporation has a staff strength of 18 employees.

Stock update

Shares of Abraxas Petroleum Corporation opened at $0.03 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.03 - $0.03, and closed at $0.03.

This is a -65.98% slip from the previous day's closing price.

A total volume of 691 shares were traded at the close of the day’s session.

In the last one week, shares of Abraxas Petroleum Corporation have increased by +15.67%.

Abraxas Petroleum Corporation's Key Ratios

Abraxas Petroleum Corporation has a market cap of $7.47 million, indicating a price to book ratio of 1.2397 and a price to sales ratio of 1.3618.

In the last 12-months Abraxas Petroleum Corporation’s revenue was $49.74 million with a gross profit of $34.76 million and an EBITDA of $22.19 million. The EBITDA ratio measures Abraxas Petroleum Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Abraxas Petroleum Corporation’s operating margin was 31.52% while its return on assets stood at 9.75% with a return of equity of -1015.97%.

In Q1, Abraxas Petroleum Corporation’s quarterly earnings growth was a positive 900% while revenue growth was a negative 57.3%.

Abraxas Petroleum Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

0.0223

PEG

7.85

Its diluted EPS in the last 12-months stands at $3.33 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 7.85. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Abraxas Petroleum Corporation’s profitability.

Abraxas Petroleum Corporation stock is trading at a EV to sales ratio of 1.0427 and a EV to EBITDA ratio of 0.9932. Its price to sales ratio in the trailing 12-months stood at 1.3618.

Abraxas Petroleum Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$70.55 million

Total Liabilities

$6.37 million

Operating Cash Flow

$0

Capital Expenditure

$460000

Dividend Payout Ratio

0%

Abraxas Petroleum Corporation ended 2024 with $70.55 million in total assets and $0 in total liabilities. Its intangible assets were valued at $70.55 million while shareholder equity stood at $61.14 million.

Abraxas Petroleum Corporation ended 2024 with $0 in deferred long-term liabilities, $6.37 million in other current liabilities, 1007000.00 in common stock, $-509766000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $2.88 million and cash and short-term investments were $2.88 million. The company’s total short-term debt was $1,000 while long-term debt stood at $0.

Abraxas Petroleum Corporation’s total current assets stands at $11.21 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $4.88 million compared to accounts payable of $4.21 million and inventory worth $0.

In 2024, Abraxas Petroleum Corporation's operating cash flow was $0 while its capital expenditure stood at $460000.

Comparatively, Abraxas Petroleum Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.03

52-Week High

$2.1

52-Week Low

$0.02

Analyst Target Price

$3

Abraxas Petroleum Corporation stock is currently trading at $0.03 per share. It touched a 52-week high of $2.1 and a 52-week low of $2.1. Analysts tracking the stock have a 12-month average target price of $3.

Its 50-day moving average was $0.37 and 200-day moving average was $0.81 The short ratio stood at 1.49 indicating a short percent outstanding of 0%.

Around 152.4% of the company’s stock are held by insiders while 9000% are held by institutions.