| Abraxas reports 3Q loss | |
| | |
|
SAN ANTONIO (AP) _ Abraxas Petroleum Corp. (AXAS) on Wednesday reported a third-quarter loss of $52.4 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 50 cents. Losses, adjusted for one-time gains and costs, were 3 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The energy company posted revenue of $16.1 million in the period, also falling short of Street forecasts. Six analysts surveyed by Zacks expected $21 million.
The company's shares closed at $1.63. A year ago, they were trading at $4.01.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXAS at http://www.zacks.com/ap/AXAS
_____
Keywords: Abraxas Petroleum, Earnings Report
|
|
|
Abraxas Petroleum Corporation
|
|
|
CODE : AXAS |
ISIN : US0038301067 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Abraxas Petroleum est une société de production minière de pétrole basée aux Etats-Unis D'Amerique. Son principal projet en production est FIRST EAGLE en USA. Abraxas Petroleum est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 5,8 millions US$ (5,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 03 juillet 2014 à 6,45 US$, et son plus bas niveau récent le 26 mai 2023 à 0,02 US$. Abraxas Petroleum possède 165 889 901 actions en circulation. |