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SAN ANTONIO (AP) _ Abraxas Petroleum Corp. (AXAS) on Thursday reported a second-quarter loss of $6.6 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the San Antonio-based company said it had a loss of 6 cents. Earnings, adjusted for non-recurring costs, came to less than 1 cent on a per-share basis.
The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The energy company posted revenue of $18.9 million in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $20.3 million.
The company's shares closed at $1.71. A year ago, they were trading at $5.02.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXAS at http://www.zacks.com/ap/AXAS
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Keywords: Abraxas Petroleum, Earnings Report
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Abraxas Petroleum Corporation
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CODE : AXAS |
ISIN : US0038301067 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Abraxas Petroleum is a oil producing company based in United states of america. Its main asset in production is FIRST EAGLE in USA. Abraxas Petroleum is listed in United States of America. Its market capitalisation is US$ 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. |