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Abraxas Petroleum (Abraxas Petroleum) Net Margin % : -122.70% (As of Dec. 2022)


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What is Abraxas Petroleum Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Abraxas Petroleum's Net Income for the three months ended in Dec. 2022 was $-11.98 Mil. Abraxas Petroleum's Revenue for the three months ended in Dec. 2022 was $9.76 Mil. Therefore, Abraxas Petroleum's net margin for the quarter that ended in Dec. 2022 was -122.70%.

The historical rank and industry rank for Abraxas Petroleum's Net Margin % or its related term are showing as below:


AXAS's Net Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.16
* Ranked among companies with meaningful Net Margin % only.

Abraxas Petroleum Net Margin % Historical Data

The historical data trend for Abraxas Petroleum's Net Margin % 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 Net Margin % Chart

Abraxas Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.76 -50.33 -428.69 -56.52 75.05

Abraxas Petroleum Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -24.59 329.37 46.42 18.31 -122.70

Competitive Comparison of Abraxas Petroleum's Net Margin %

For the Oil & Gas E&P subindustry, Abraxas Petroleum's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Abraxas Petroleum's Net Margin % distribution charts can be found below:

* The bar in red indicates where Abraxas Petroleum's Net Margin % falls into.



Abraxas Petroleum Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Abraxas Petroleum's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=37.328/49.737
=75.05 %

Abraxas Petroleum's Net Margin for the quarter that ended in Dec. 2022 is calculated as

Net Margin=Net Income (Q: Dec. 2022 )/Revenue (Q: Dec. 2022 )
=-11.98/9.764
=-122.70 %

* 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.


Abraxas Petroleum  (OTCPK:AXAS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Abraxas Petroleum Net Margin % Related Terms

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Abraxas Petroleum (Abraxas Petroleum) Business Description

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.
Executives
Krog George William Jr officer: Chief Accounting Officer 18803 MEISNER DRIVE, SAN ANTONIO TX 78258
Biglari Holdings Inc. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Sardar Biglari, director C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Bruce Lewis director 17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Philip L Cooley director TRINITY UNIVERSITY, ONE TRINITY PLACE, SAN ANTONIO TX 78212-7200
David N Roberts director 245 PARK AVE 26TH FL, C/O ANGELO GRODON & CO, NEW YORK NY 10167
Daniel Baddeloo director 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Damon Putman director 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Joshua Baumgarten 10 percent owner 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Adam R Schwartz 10 percent owner 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Todd A Dittmann director C/O ANGELO, GORDON & CO., L.P., 712 MAIN STREET, SUITE 1300, HOUSTON TX 77002
Ag Partners Lp director, 10 percent owner C/O ANGELO GORDON & CO, 245 PARK AVE 26TH FL, NEW YORK NY 10167
Angelo Gordon & Co Lp/ny director, 10 percent owner 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Michael L Gordon director, 10 percent owner C/O ANGELO GORDON & CO, 245 PARK AVE 26TH FL, NEW YORK NY 10167
Ag Energy Funding, Llc director, 10 percent owner C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167