Abraxas Petroleum Corporation operates as an exploration and production company. The Company explores and develops oil and natural gas. Abraxas Petroleum serves customers in the United States and Canada.
Company profile
Ticker
AXAS
Exchange
Website
CEO
Robert Watson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
742584033
AXAS stock data
Latest filings (excl ownership)
10-K
2022 FY
Annual report
17 Apr 23
NT 10-K
Notice of late annual filing
31 Mar 23
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Feb 23
Transcripts
AXAS
Earnings call transcript
2019 Q3
18 Nov 19
AXAS
Earnings call transcript
2019 Q2
8 Aug 19
AXAS
Earnings call transcript
2019 Q1
7 May 19
AXAS
Earnings call transcript
2018 Q4
14 Mar 19
AXAS
Earnings call transcript
2018 Q3
8 Nov 18
AXAS
Earnings call transcript
2018 Q2
8 Aug 18
AXAS
Earnings call transcript
2018 Q1
9 May 18
AXAS
Earnings call transcript
2017 Q4
14 Mar 18
AXAS
Earnings call transcript
2017 Q3
9 Nov 17
Latest ownership filings
4
George William Krog Jr
31 Jan 23
4
George William Krog Jr
25 Jan 23
4
George William Krog Jr
23 Jan 23
4
George William Krog Jr
17 Jan 23
4
George William Krog Jr
12 Jan 23
4
Tod A Clarke
12 Jan 23
4
Tod A Clarke
12 Jan 23
4
Tod A Clarke
12 Dec 22
SC 13D
Biglari Holdings Inc.
28 Oct 22
4
SARDAR BIGLARI,
27 Oct 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 2.88 mm | 2.88 mm | 2.88 mm | 2.88 mm | 2.88 mm | 2.88 mm |
| Cash burn (monthly) | 7.41 mm | 596.50 k | 3.99 mm | (no burn) | 774.67 k | (no burn) |
| Cash used (since last report) | 66.54 mm | 5.36 mm | 35.87 mm | n/a | 6.96 mm | n/a |
| Cash remaining | -63.67 mm | -2.48 mm | -32.99 mm | n/a | -4.08 mm | n/a |
| Runway (months of cash) | -8.6 | -4.2 | -8.3 | n/a | -5.3 | n/a |
Institutional ownership, Q4 2022
90.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 2 |
| Opened positions | 1 |
| Closed positions | 1 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 111.48 mm |
| Total shares | 90.63 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BH Biglari | 90.63 mm | $111.48 mm |
| Accel Wealth Management | 4.00 | $3.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 Jan 23 | George William Krog Jr | Abraxas Petroleum Common Stock | Sell | Dispose S | No | No | 0 | 1,000 | 0.00 | 125,318 |
| 30 Jan 23 | George William Krog Jr | Abraxas Petroleum Common Stock | Sell | Dispose S | No | No | 0 | 13,000 | 0.00 | 126,318 |
| 27 Jan 23 | George William Krog Jr | Abraxas Petroleum Common Stock | Sell | Dispose S | No | No | 0 | 1,000 | 0.00 | 139,318 |
| 26 Jan 23 | George William Krog Jr | Abraxas Petroleum Common Stock | Sell | Dispose S | No | No | 0 | 1,000 | 0.00 | 140,818 |
| 25 Jan 23 | George William Krog Jr | Abraxas Petroleum Common Stock | Sell | Dispose S | No | No | 0 | 1,000 | 0.00 | 141,318 |
| 24 Jan 23 | George William Krog Jr | Abraxas Petroleum Common Stock | Sell | Dispose S | No | No | 0 | 1,000 | 0.00 | 142,318 |
| 23 Jan 23 | George William Krog Jr | Abraxas Petroleum Common Stock | Sell | Dispose S | No | No | 0 | 1,000 | 0.00 | 143,318 |
| 20 Jan 23 | George William Krog Jr | Abraxas Petroleum Common Stock | Sell | Dispose S | No | No | 0 | 1,000 | 0.00 | 144,318 |
| 19 Jan 23 | George William Krog Jr | Abraxas Petroleum Common Stock | Sell | Dispose S | No | No | 0 | 1,000 | 0.00 | 145,318 |
| 18 Jan 23 | George William Krog Jr | Abraxas Petroleum Common Stock | Sell | Dispose S | No | No | 0 | 1,000 | 0.00 | 146,318 |