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Abraxas Petroleum (Abraxas Petroleum) Scaled Net Operating Assets : 0.66 (As of Dec. 2022)


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What is Abraxas Petroleum Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Abraxas Petroleum's operating assets for the quarter that ended in Dec. 2022 was $67.67 Mil. Abraxas Petroleum's operating liabilities for the quarter that ended in Dec. 2022 was $9.41 Mil. Abraxas Petroleum's Total Assets for the quarter that ended in Sep. 2022 was $88.15 Mil. Therefore, Abraxas Petroleum's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was 0.66.


Abraxas Petroleum Scaled Net Operating Assets Historical Data

The historical data trend for Abraxas Petroleum's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Abraxas Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 0.70 0.37 0.56 0.45

Abraxas Petroleum Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Scaled Net Operating Assets 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 0.66 0.41 0.66 0.56 0.66

Competitive Comparison of Abraxas Petroleum's Scaled Net Operating Assets

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

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

* The bar in red indicates where Abraxas Petroleum's Scaled Net Operating Assets falls into.



Abraxas Petroleum Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Abraxas Petroleum's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(67.671-9.409)/130.476
=0.45

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=70.547 - 2.876
=67.671

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.41 - 0 - 0.001
=9.409

Abraxas Petroleum's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Sep. 2022 )
=(67.671-9.409)/88.151
=0.66

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=70.547 - 2.876
=67.671

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.41 - 0 - 0.001
=9.409

* 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 Scaled Net Operating Assets 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

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