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SAN ANTONIO (AP) _ Abraxas Petroleum Corp. (AXAS) on Wednesday reported third-quarter net income of $25.4 million.
The San Antonio-based company said it had profit of 24 cents per share. Earnings, adjusted for non-recurring gains, were 15 cents per share.
The results met Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 15 cents per share.
The energy company posted revenue of $44.2 million in the period, which missed Street forecasts. Analysts expected $45.1 million, according to Zacks.
The company's shares closed at $3.83. A year ago, they were trading at $3.03.
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This story was generated by Automated Insights using data from Zacks Investment Research. AXAS stock research report from Zacks.
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Keywords:Abraxas Petroleum,Earnings Report
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Abraxas Petroleum Corporation
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CODE : AXAS |
ISIN : US0038301067 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Abraxas Petroleum is a oil producing company based in United states of america. Its main asset in production is FIRST EAGLE in USA. Abraxas Petroleum is listed in United States of America. Its market capitalisation is US$ 5.8 millions as of today (€ 5.3 millions). Its stock quote reached its highest recent level on July 03, 2014 at US$ 6.45, and its lowest recent point on May 26, 2023 at US$ 0.02. Abraxas Petroleum has 165 889 901 shares outstanding. |