Abraxas Petroleum (AXAS) Misses Q2 EPS by 3c

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Go back to Abraxas Petroleum (AXAS) Misses Q2 EPS by 3c

Abraxas Announces Second Quarter 2018 Financial and Operating Results

August 7, 2018 4:30 PM EDT

SAN ANTONIO--(BUSINESS WIRE)-- Abraxas Petroleum Corporation (NASDAQ: AXAS) today reported financial and operating results for the three and six months ended June 30, 2018.

Financial Highlights for the Three Months Ended June 30, 2018

The three months ended June 30, 2018 resulted in:

Production of 745 MBoe (8,188 Boepd) Revenue of $30.9 million Net loss of $10.6 million, or $0.06 per share Adjusted net income(a) (excluding certain non-cash items) of $3.2 million, or $0.02 per share EBITDA(a) of $14.5 million Adjusted... More