Abraxas Petroleum Corp. (“Abraxas” or the “Company”) (NASDAQ: AXAS) will host its second quarter 2017 earnings conference call on Wednesday, August 9, 2017 at 10 AM Central Time (11 AM Eastern Time). Abraxas plans to announce second quarter 2017 operating and financial results prior to the call. The conference call can be accessed by dialing 844.778.4143 and entering conference code 54295695. A [...]
Abraxas Petroleum Corp. (“Abraxas” or the “Company”) (NASDAQ:AXAS) today announced the signing of a definitive agreement to acquire 2,008 net acres and 33 Boepd in Ward County, Texas prospective for the Wolfcamp/Bone Spring. Highlights include: This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170523006446/en/ Map of Abraxas&rsquo [...]
Abraxas Petroleum Corp. (NASDAQ:AXAS) today reported financial and operating results for the three months ended March 31, 2017. Financial and Operating Results for the Three Months Ended March 31, 2017 The three months ended March 31, 2017 resulted in: Production of 614 MBoe (6,822 Boepd) Revenue of $18.8 million Net income of $13.7 million, or $0.09 per share Adjusted net income(a) (excluding certain non-cash items) of [...]
Abraxas Petroleum Corp. (“Abraxas” or the “Company”) (NASDAQ: AXAS) will host its first quarter 2017 earnings conference call on Wednesday, May 10, 2017 at 10 AM Central Time (11 AM Eastern Time). Abraxas plans to announce first quarter 2017 operating and financial results prior to the call. The conference call can be accessed by dialing 844.778.4143 and entering conference code 8599480. A live [...]
Abraxas Petroleum Corp. (“Abraxas” or the “Company”) (NASDAQ:AXAS) announced today that it will be presenting at the 23rd Annual Oil & Gas Investment Symposium (OGIS) in New York City at the Sheraton Times Square Hotel at 3:05PM EDT/ 2:05PM CDT on April 3, 2017. Bob Watson, President and CEO, and Geoff King, Vice President and CFO, will be presenting, as well as meeting with investors. A live [...]
Abraxas Petroleum Corp. (NASDAQ:AXAS) today reported financial and operating results for the three and twelve months ended December 31, 2016. Financial and Operating Results for the Three Months Ended December 31, 2016 The three months ended December 31, 2016 resulted in: Production of 732 MBoe (7,955 Boepd) Revenue of $22.0 million Net loss of $5.3 million, or $0.04 per share Adjusted net income(a), excluding certain [...]
Abraxas Petroleum Corp. (“Abraxas” or the “Company”) (NASDAQ:AXAS) today provided the following reserve and operational update. Highlights include: Proved reserves grew 1.5 MMBoe to 44.7 MMBoe for the year ending December 31, 2016 Production of 6,181 Boepd at the approximate midpoint of guidance for the year ending December 31, 2016 despite 175 Boepd of asset sales during 2016 Capital expenditures [...]
Abraxas Petroleum Corp. (“Abraxas” or the “Company”) (NASDAQ:AXAS) today announced the full exercise and closing of the underwriters’ option to purchase an additional 3,750,000 shares of common stock at a purchase price of $2.40 per share, less applicable underwriting discounts and commissions. Abraxas has now received aggregate net proceeds from the offering of approximately $65.4 million [...]
Abraxas Petroleum Corp. (“Abraxas” or the “Company”) (NASDAQ:AXAS) today announced the closing of its public offering of 25,000,000 shares of common stock at a price of $2.40 per share, less applicable underwriting discounts. Seaport Global Securities LLC, Canaccord Genuity Inc. and Stephens Inc. are acting as joint book-running managers for the offering. Copies of the prospectus supplement for the [...]
Abraxas Petroleum Corp. (“Abraxas” or the “Company”) (NASDAQ:AXAS) will host its fourth quarter and year end 2016 earnings conference call on Wednesday, March 15, 2017 at 10 AM Central Time (11 AM Eastern Time). Abraxas plans to announce fourth quarter and year end 2016 operating and financial results prior to the call. The conference call can be accessed by dialing 844.778.4143 and entering [...]
Abraxas Petroleum Corp. (NASDAQ:AXAS) (“Abraxas Petroleum” or the “Company”) today announced that it has priced an upsized underwritten public offering of 25,000,000 shares of its common stock at a public offering price of $2.40 per share. Abraxas Petroleum has granted the underwriters a 30-day option to purchase up to 3,750,000 additional shares of common stock. The offering is expected to settle [...]
Abraxas Petroleum Corp. (NASDAQ:AXAS) today announced the commencement of an underwritten public offering of 20,000,000 shares of its common stock, subject to market and other conditions. The underwriters will have an option to purchase up to an additional 3,000,000 shares (15% of the number of shares offered) from Abraxas. We plan to use the net proceeds from this offering (including any proceeds from the exercise of the [...]
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