Current AXAS Stock Info

Abraxas Petroleum Corporation (ticker: AXAS) reported a net loss of $4.1 million, or $(0.02) per share. For 2017, the company reported a net income of $16 million, or $0.10 per share.

In Q4 2017, the company produced 808 MBOE, or 8,788 BOEPD. For 2017, the company produced 2.7 MMBOE, or 7,391 BOEPD.
Operations
Delaware Basin

In Ward County, Texas, Abraxas recently drilled and cased three wells and is drilling the fourth well on the company’s 660’ downspacing test at Caprito. Abraxas owns a 57.8% working interest in the Caprito wells 99-...


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