Past year: ▼ 95%(3.00c – 1.85 USD)
Each one in plain English, with the numbers worked through for a shareholder.
14 July 2008listing compliance notice● Neutral
Abraxas's board approved moving the company's common stock from the American Stock Exchange to the NASDAQ Global Market. Trading on NASDAQ under the symbol AXAS is expected to begin July 25, 2008, with Amex trading continuing until the close that day. Shareholders keep their shares; only the trading venue changes.
2 July 2008director interest notice● Neutral
Stephen T Wendel became a ABRAXAS PETROLEUM CORP VP - Land & Marketing and company insider (initial ownership filing).
2 July 2008director interest notice● Neutral
William H Wallace became a ABRAXAS PETROLEUM CORP Vice President - Operations and company insider (initial ownership filing).
10 June 2008production update▲ Good
Abraxas announced results from a horizontal Edwards well in Lavaca County, Texas, and gave an operational update. The only detail in the filing text is the press release title, which describes a new 8 MMcf per day producer in South Texas; the release itself is not included, so no further figures are available.
16 Apr 2008asset acquisition disposition● Neutral
This amendment adds the missing financial statements for the oil and gas properties bought from St. Mary Land & Exploration on January 31, 2008 by Abraxas Operating Company, LLC (a subsidiary of Abraxas Energy Partners, L.P.). The statements show 2007 revenues of $39.3 million against $15.5 million of direct operating expenses, leaving $23.8 million. No new deal terms are given; the filing only supplies the financial information required for the earlier acquisition report.
10 Apr 2008securities registration● Neutral
ABRAXAS PETROLEUM CORP amended an already-effective registration statement.
7 Apr 2008director interest notice● Neutral
ABRAXAS PETROLEUM CORP Vice President - Exploration Lee T Billingsley exercised stock options for 33,000 shares and disposed of 33,000 shares.
4 Apr 2008director interest notice● Neutral
ABRAXAS PETROLEUM CORP director Harold D Carter exercised stock options for 2,000 shares and disposed of 2,000 shares.
4 Apr 2008director interest notice● Neutral
ABRAXAS PETROLEUM CORP director Paul A Powell exercised stock options for 2,000 shares and disposed of 2,000 shares.
