Sterne, Agee & Leach Initiates Coverage on Abraxas Petroleum (ABP)

May 15, 2008 8:45 AM EDT

Sterne, Agee & Leach initiates coverage on Abraxas Petroleum (AMEX: ABP) with a Buy. Price target $5.50.

Abraxas Petroleum Corporation (Abraxas) is an independent energy company primarily engaged in the development and production of natural gas and crude oil.


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ABP 4.80

-0.25 -4.95%
Volume: 578,757
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Comments

ABP A new organization
Dan Ellis on May 22, 2008 12:51 PM

Forget the past. Look at the FUTURE. New fiancials. Lots of reserves. Top exploration talent. $20.00 stock.


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