Abraxas Petroleum (AXAS) Misses Q4 EPS by 2c
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Abraxas Announces 2018 Financial and Operating Results
March 13, 2019 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, 2018.
Financial Highlights for the ThreeMonths Ended December 31, 2018
The three months ended December 31, 2018 resulted in:
Production of 965 MBoe (10,493 Boepd) Revenue of $36.0 million Net income of $55.8 million, or $ 0.34 per share Adjusted net income(a) (excluding certain non-cash items) of $4.1 million, or $ 0.02 per share EBITDA(a) of $20.1 million Adjusted EBITDA per bank loan covenants of $20.1 million(a)... More