Abraxas Petroleum Corp (AXAS) Files 10-K for the Fiscal Year Ended on December 31, 2018

Abraxas Petroleum Corp (AXAS, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Abraxas Petroleum Corp is an independent energy company engaged in the acquisition, exploitation, development and production of oil and gas in the United States. Abraxas Petroleum Corp has a market cap of $216.580 million; its shares were traded at around $1.29 with and P/S ratio of 1.49.

For the last quarter Abraxas Petroleum Corp reported a revenue of $36.0 million, compared with the revenue of $29.59 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $149.2 million, an increase of 72.9% from last year. For the last five years Abraxas Petroleum Corp had an average revenue growth rate of 2.6% a year.

The reported diluted earnings per share was 34 cents for the year, compared with the loss per share of $0.62 in the previous year. The Abraxas Petroleum Corp enjoyed an operating margin of 38.57%, compared with the operating margin of 24.73% a year before. The 10-year historical median operating margin of Abraxas Petroleum Corp is 15.55%. The profitability rank of the company is 5 (out of 10).

At the current stock price of $1.29, Abraxas Petroleum Corp is traded at 52.9% discount to its historical median P/S valuation band of $2.74. The P/S ratio of the stock is 1.49, while the historical median P/S ratio is 3.21. The stock lost 41.59% during the past 12 months.

For the complete 20-year historical financial data of AXAS, click here.