AXAS Abraxas Petroleum Dashboard

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. The company was founded by Robert L.G. Watson in 1977 and is headquartered in San Antonio, TX.

Company profile

Ticker

AXAS

Exchange

NASDAQ

Website

www.abraxaspetroleum.com

CEO

Robert L. G. Watson

Incorporated

Nevada

Location

Texas

Fiscal year end

Dec 31

Sector

Energy Minerals > Integrated Oil

Industry (SIC)

Crude Petroleum & Natural Gas

Petroleo Brasileiro S.A. Petrobras • Anadarko Petroleum • Marathon Oil • Apache • Devon Energy • Occidental Petroleum • EOG Resources • Pressburg • Ovintiv • California Resources ...

SEC CIK

0000867665

Corporate docs

Articles of Incorporation & Bylaws

IRS number

742584033

AXAS stock data

S&P 500

1M 1Y 2Y 5Y

News

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Calendar

31 Mar 21

11 Apr 21

31 Dec 21

Financial summary

Financial statements Chart AXAS financial data

Quarter (USD)	Sep 20	Jun 20	Mar 20	Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)		583K	583K	583K	583K	583K
Cash burn (monthly)		(positive/no burn)	24.54M	8.2M	(positive/no burn)	(positive/no burn)
Cash used (since last report)		n/a	157.16M	52.51M	n/a	n/a
Cash remaining		n/a	-156.58M	-51.93M	n/a	n/a
Runway (months of cash)		n/a	-6.4	-6.3	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

AXAS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
7 Feb 20	Stephen T Wendel	Abraxas Petroleum Common Stock	Buy	Aquire P	Yes	No	0.28	35,380	9.91K	166,803
7 Feb 20	Robert L G Watson	Abraxas Petroleum Common Stock	Buy	Aquire P	Yes	No	0.28	35,380	9.91K	279,983

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

AXAS institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

12.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	34	55	-38.2%
Opened positions	8	2	+300.0%
Closed positions	29	19	+52.6%
Increased positions	1	2	-50.0%
Reduced positions	25	30	-16.7%

13F shares	Current	Prev Q	Change
Total value	2.3M	58.41M	-96.1%
Total shares	1.01M	19.2M	-94.8%
Total puts	0	29.11K	EXIT
Total calls	0	2	EXIT
Total put/call ratio	–	14555.5	–

Largest owners	Shares	Value	Change
Vanguard	291.49K	$668K	-94.9%
BLK Blackrock	168.46K	$386K	-95.0%
Geode Capital Management	97.38K	$222K	NEW
Sigma Planning	67.65K	$155K	-94.8%
California Public Employees Retirement System	51.88K	$119K	-95.0%
Susquehanna International	50.68K	$116K	NEW
IVZ Invesco	49.26K	$113K	-95.2%
Squarepoint Ops	44.11K	$101K	-94.8%
Gsa Capital Partners	29.54K	$68K	NEW
Arrowstreet Capital, Limited Partnership	20.99K	$48K	-96.7%

Largest transactions	Shares	Bought/sold	Change
Vanguard	291.49K	-5.44M	-94.9%
BLK Blackrock	168.46K	-3.2M	-95.0%
Sigma Planning	67.65K	-1.22M	-94.8%
California Public Employees Retirement System	51.88K	-985.63K	-95.0%
IVZ Invesco	49.26K	-978.15K	-95.2%
BLB&B Advisors	0	-884.07K	EXIT
Squarepoint Ops	44.11K	-798.66K	-94.8%
NTRS Northern Trust	17.45K	-719.89K	-97.6%
Arrowstreet Capital, Limited Partnership	20.99K	-620.87K	-96.7%
LSV Asset Management	18.02K	-466.99K	-96.3%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: authorized, bid, burden, earliest, ease, extinguishment, forma, Interbank, issuance, listing, London, multiplying, nearest, Nevada, pro, prospectively, rebound, regained, retroactively, rounding, Secretary, split, thereof, warrant, written

Removed: calculation, legislation, ROU

From filing 10-Q 2020 Q3