Abraxas Petroleum (NASDAQ:AXAS) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.04 per share for the quarter.
Abraxas Petroleum (NASDAQ:AXAS) last announced its quarterly earnings data on Monday, May 6th. The energy company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). The company had revenue of $34.51 million during the quarter, compared to analyst estimates of $31.65 million. Abraxas Petroleum had a net margin of 15.09% and a return on equity of 14.05%. On average, analysts expect Abraxas Petroleum to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of NASDAQ AXAS opened at $0.73 on Tuesday. The firm has a market capitalization of $127.51 million, a PE ratio of 6.88 and a beta of 1.67. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.42 and a current ratio of 0.42. Abraxas Petroleum has a 12-month low of $0.59 and a 12-month high of $2.57. The company has a fifty day moving average of $0.99.
Abraxas Petroleum Company Profile
Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the United States. The company operates oil and gas assets in the Permian/Delaware Basin, the Rocky Mountain, and South Texas regions.
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