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Abraxas Petroleum (STU:AXOA) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is Abraxas Petroleum Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abraxas Petroleum Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Abraxas Petroleum's Cyclically Adjusted Price-to-FCF 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.

* Premium members only.

Abraxas Petroleum Cyclically Adjusted Price-to-FCF Chart

Abraxas Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Abraxas Petroleum Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Abraxas Petroleum's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Abraxas Petroleum's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Abraxas Petroleum's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Abraxas Petroleum's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Abraxas Petroleum's Cyclically Adjusted Price-to-FCF falls into.



Abraxas Petroleum Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Abraxas Petroleum's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Abraxas Petroleum's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.312/125.2218*125.2218
=-0.312

Current CPI (Dec. 2022) = 125.2218.

Abraxas Petroleum Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -26.043 98.209 -33.206
201306 -9.223 98.518 -11.723
201309 -45.376 98.790 -57.517
201312 -49.528 98.326 -63.076
201403 -104.962 99.695 -131.838
201406 -87.881 100.560 -109.434
201409 -46.654 100.428 -58.172
201412 -51.888 99.070 -65.585
201503 -139.870 99.621 -175.814
201506 -1.490 100.684 -1.853
201509 -42.729 100.392 -53.297
201512 -34.698 99.792 -43.540
201603 -13.973 100.470 -17.415
201606 33.559 101.688 41.326
201609 -24.716 101.861 -30.384
201612 -6.766 101.863 -8.318
201703 1.967 102.862 2.395
201706 -27.956 103.349 -33.873
201709 -76.318 104.136 -91.771
201712 -42.361 104.011 -51.000
201803 -30.517 105.290 -36.294
201806 -26.535 106.317 -31.253
201809 -77.220 106.507 -90.789
201812 -69.866 105.998 -82.537
201903 0.400 107.251 0.467
201906 -44.600 108.070 -51.679
201909 -0.827 108.329 -0.956
201912 -0.693 108.420 -0.800
202003 -0.641 108.902 -0.737
202006 1.718 108.767 1.978
202009 0.268 109.815 0.306
202012 0.573 109.897 0.653
202103 0.575 111.754 0.644
202106 0.445 114.631 0.486
202109 0.885 115.734 0.958
202112 1.315 117.630 1.400
202203 0.455 121.301 0.470
202206 0.940 125.017 0.942
202209 1.074 125.227 1.074
202212 -0.312 125.222 -0.312

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Abraxas Petroleum  (STU:AXOA) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Abraxas Petroleum Cyclically Adjusted Price-to-FCF Related Terms

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Abraxas Petroleum (STU:AXOA) Business Description

Industry
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.

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