Abraxas Petroleum Corporation is a publicly traded independent exploration and production company founded in 1977 and based in San Antonio, Texas.

Abraxas' business model focuses on assets with:

  • High working interest
  • Operational & infrastructure control
  • Low geologic risk
  • Strong full cycle ROR
  • Low risk exploitable upside using the company's proven operating expertise

Abraxas 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.

Type
Public
HQ
San Antonio, US
Founded
1977
Size (employees)
99 (est)
Abraxas was founded in 1977 and is headquartered in San Antonio, US

Abraxas Office Locations

Abraxas has an office in San Antonio
San Antonio, US (HQ)
18803 Meisner Dr

Abraxas Data and Metrics

Abraxas Financial Metrics

Abraxas's revenue was reported to be $56.6 m in 2016
Numbers are in $, USD

Revenue (Y, 2016)

56.6 m

Revenue growth (Y, 2015 - Y, 2016), %

(16%)

Net income (Y, 2016)

(96.4 m)

EBIT (Y, 2016)

(73.4 m)

Market capitalization (26-May-2017)

313.4 m

Closing share price (26-May-2017)

1.9
Abraxas's current market capitalization is $313.4 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015Y, 2016

Revenue

94.3 m133.8 m67 m56.6 m

Revenue growth, %

42%(50%)(16%)

EBIT

14.9 m39.9 m(141.8 m)(73.4 m)

EBIT margin, %

16%30%(212%)(130%)

Interest income

3 k2 k2 k1 k

Pre tax profit

39.3 m

Net Income

38.6 m63.3 m(127.1 m)(96.4 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

5.2 m3.8 m3.5 m

Accounts Receivable

Inventories

Current Assets

39.5 m38.4 m32.7 m23.9 m

Total Assets

223.7 m374.9 m267.9 m161.6 m

Accounts Payable

52.8 m63.5 m24.8 m18.4 m

Current Liabilities

82.7 m81.3 m35.1 m31.1 m

Additional Paid-in Capital

253.2 m309.8 m313.9 m344 m

Retained Earnings

(166.6 m)(103.3 m)(230.5 m)(326.8 m)

Total Equity

84.5 m18.5 m

Financial Leverage

3.2 x8.7 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

38.6 m63.3 m(127.1 m)(96.4 m)

Accounts Receivable

(13 m)11.9 m

Inventories

Accounts Payable

27.3 m1.6 m(46 m)(3.5 m)

Cash From Operating Activities

51.7 m

Cash From Investing Activities

32.5 m

Cash From Financing Activities

(81 m)

Interest Paid

4 m2 m3.3 m3.9 m

Income Taxes Paid

391 k
Numbers are in $, USDY, 2016

Revenue/Employee

571.3 k

Financial Leverage

8.7 x

Abraxas Market Value History

Abraxas News and Updates

Abraxas Company Life and Culture

You may also be interested in