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SAN ANTONIO (AP) _ Abraxas Petroleum Corp. (AXAS) on Wednesday reported fourth-quarter net income of $30.1 million.
On a per-share basis, the San Antonio-based company said it had profit of 28 cents. Earnings, adjusted for non-recurring gains, were 6 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The energy company posted revenue of $31.2 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $34.1 million.
For the year, the company reported profit of $63.3 million, or 62 cents per share. Revenue was reported as $133.8 million.
In the final minutes of trading on Wednesday, the company's shares hit $3.13. A year ago, they were trading at $3.36.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXAS at http://www.zacks.com/ap/AXAS
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Keywords: Abraxas Petroleum, Earnings Report
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Abraxas Petroleum Corporation
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CODE : AXAS |
ISIN : US0038301067 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Abraxas Petroleum est une société de production minière de pétrole basée aux Etats-Unis D'Amerique. Son principal projet en production est FIRST EAGLE en USA. Abraxas Petroleum est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 5,8 millions US$ (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. |