Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the United States.
The last earnings update was 147 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Abraxas Petroleum. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Abraxas Petroleum's earnings available for a low price, and how does
this compare to other companies in the same industry?
Abraxas Petroleum's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Abraxas Petroleum's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Abraxas Petroleum's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Abraxas Petroleum's finances.
The net worth of a company is the difference between its assets and liabilities.
Abraxas Petroleum's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Abraxas Petroleum's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Abraxas Petroleum's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.2x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Robert L. G. Watson, also known as Bob, has been the Chief Executive Officer of Abraxas Energy Partners LP’s general partner since May 2007 and was appointed to be the Chairman of the Board of Directors of Abraxas Energy Partners LP’s general partner in June 2007. Since May 2007, Mr. Watson has also served as Chief Executive Officer of Abraxas Operating, and Abraxas Energy Investments, LLC. Mr. Watson has served as Chairman of the Board, President, Chief Executive Officer and a director of Abraxas Petroleum Corp since 1977. Since January 2003, Mr. Watson has served as Chairman of the Board, Chief Executive Officer and Director of Grey Wolf Exploration, Inc., an oil and gas exploration and production company whose shares are listed on the Toronto Stock Exchange and which was, until February 2005, a wholly-owned subsidiary of Abraxas Petroleum. Prior to forming Abraxas Petroleum, Mr. Watson held petroleum engineering positions with Tesoro Petroleum Corporation and DeGolyer and MacNaughton. Mr. Watson received a Bachelor of Science degree in Mechanical Engineering from Southern Methodist University in 1972 and a Master of Business Administration degree from the University of Texas at San Antonio in 1974.
Bob's compensation has been consistent with company performance over the past year, both up more than 20%.
Bob's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Abraxas Petroleum management team is over 5 years, this suggests they are a seasoned and experienced team.
VP & CFO
Vice President of Operations
VP of Contracts & Marketing and Corporate Secretary
Vice President of Engineering
VP & Chief Accounting Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Abraxas Petroleum board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Lead Independent Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Abraxas Petroleum individual insiders in the past 3 months.
Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the United States. The company operates oil and gas assets in the Permian/Delaware Basin, the Rocky Mountain, and South Texas regions. As of December 31, 2018, its estimated net proved reserves were 67.2 million barrels of oil equivalent. The company was founded in 1977 and is based in San Antonio, Texas.
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