Abraxas Petroleum (AXAS) Tops Q4 EPS by 2c
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Abraxas Announces 2016 Results
March 14, 2017 4:15 PM EDTSAN ANTONIO--(BUSINESS WIRE)-- Abraxas Petroleum Corporation (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 non-cash items of $1.0 million, or $0.01 per share EBITDA(a) of $9.5 million... More