San Antonio Business Journal (blog) - Sep 22, 2016
Abraxas Petroleum, which is more than $100 million in debt to French bank Soci�t� G�n�rale, also confirmed the $6.7 million sale of 12,178 surface acres and half of its minerals rights in Pecos County.
Abraxas Petroleum Corp. logo Zacks Investment Research downgraded shares of Abraxas Petroleum Corp. (NASDAQ:AXAS) from a hold rating to a strong sell rating in a research note issued to investors on Tuesday.
Abraxas Petroleum Corp. (NASDAQ:AXAS) has shown a -56.51% year-over-year revenue change and -54.81% two-year change. When a company sees revenue shrink in consecutive years this quickly, shows negative two-year revenue growth and it's ...