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Abraxas Petroleum (STU:AXOA) Allowance For Loans And Lease Losses


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What is Abraxas Petroleum Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Abraxas Petroleum (STU:AXOA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Abraxas Petroleum Corp (STU:AXOA) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
N/A
Address
19100 Ridgewood Parkway, Suite 1200, San Antonio, TX, USA, 78259
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.