Abraxas Petroleum (STU:AXOA) Accounts Payable & Accrued Expense : €6.01 Mil (As of Dec. 2022)

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What is Abraxas Petroleum Accounts Payable & Accrued Expense?

Abraxas Petroleum's quarterly accounts payable & accrued expense increased from Jun. 2022 (€11.86 Mil) to Sep. 2022 (€12.16 Mil) but then declined from Sep. 2022 (€12.16 Mil) to Dec. 2022 (€6.01 Mil).

Abraxas Petroleum's annual accounts payable & accrued expense increased from Dec. 2020 (€12.48 Mil) to Dec. 2021 (€16.68 Mil) but then declined from Dec. 2021 (€16.68 Mil) to Dec. 2022 (€6.01 Mil).

Abraxas Petroleum Accounts Payable & Accrued Expense Historical Data

The historical data trend for Abraxas Petroleum's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Abraxas Petroleum Accounts Payable & Accrued Expense Chart

Abraxas Petroleum Annual Data

Trend

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Dec22

Accounts Payable & Accrued Expense

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55.80

34.04

12.48

16.68

6.01

Abraxas Petroleum Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															16.68	10.43	11.86	12.16	6.01

Abraxas Petroleum Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Abraxas Petroleum (STU:AXOA) Business Description

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Address

19100 Ridgewood Parkway, Suite 1200, San Antonio, TX, USA, 78259

Website

http://www.abraxaspetroleum.com

Abraxas Petroleum Corp is an independent energy company. It is primarily engaged in the acquisition, exploration, development, and production of oil and gas in the United States. The company's oil and gas assets are located in two operating regions, the Permian/Delaware Basin and the Rocky Mountain. It produces oil and gas from multiple stacked formations and various reservoirs, primarily the Bakken, Three Forks, and Red River formations. It generates the vast majority of its revenue from oil sales.

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