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Abraxas Petroleum Corp. engages in the acquisition, exploration, development, and production of crude oil and natural gas. It focuses primarily on the development of conventional and unconventional resources in its primary operating areas in the Rocky Mountains, South Texas, Powder River Basin and Permian Basin. Read More The company was founded by Robert L.G. Watson in 1977 and is headquartered in San Antonio, TX.
San Antonio, Texas
52 Week High
52 Week Low
Oil and Gas
Seeking AlphaMar 18
Abraxas Petroleum: Bakken Sale Would Fund Its Delaware Basin Development
Its Delaware Basin economics aren't as strong as its Bakken economics, so it will need to continuing making improvements there. Abraxas may sell its Bakken assets to pay down its debt and give it funds to develop its substantial amount of Delaware Basin inventory. If the company continues to encounter minor issues, it may end up with slightly negative cash flow instead. In general, Abraxas is likely to end up near neutral cash flow though. Abraxas Petroleum (AXAS) looks set for a solid 2019, with expecta...
Guru FocusMar 15
Abraxas Petroleum Corp (AXAS) Files 10-K for the Fiscal Year Ended on December 31, 2018
Abraxas Petroleum Corp (NASDAQ:AXAS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Abraxas Petroleum Corp is an independent energy company engaged in the acquisition, exploitation, development and production of oil and gas in the United States.
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