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Abraxas Petroleum (Abraxas Petroleum) Intrinsic Value: Projected FCF : $0.00 (As of May. 14, 2024)


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What is Abraxas Petroleum Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-14), Abraxas Petroleum's Intrinsic Value: Projected FCF is $0.00. The stock price of Abraxas Petroleum is $0.0347. Therefore, Abraxas Petroleum's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Abraxas Petroleum's Intrinsic Value: Projected FCF or its related term are showing as below:

AXAS's Price-to-Projected-FCF is not ranked *
in the Oil & Gas industry.
Industry Median: 0.825
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Abraxas Petroleum Intrinsic Value: Projected FCF Historical Data

The historical data trend for Abraxas Petroleum's Intrinsic Value: Projected 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 Intrinsic Value: Projected FCF Chart

Abraxas Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -49.67 -60.23 -62.42 -50.70 -1.83

Abraxas Petroleum Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Intrinsic Value: Projected FCF 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 -50.70 -25.02 -19.95 -19.05 -1.83

Competitive Comparison of Abraxas Petroleum's Intrinsic Value: Projected FCF

For the Oil & Gas E&P subindustry, Abraxas Petroleum's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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 Price-to-Projected-FCF Distribution in the Oil & Gas Industry

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

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



Abraxas Petroleum Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Abraxas Petroleum's Free Cash Flow(6 year avg) = $-24.53.

Abraxas Petroleum's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec22)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-24.52864+61.137*0.8)/100.701
=-1.83

* 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) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Abraxas Petroleum's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.0347/-1.8332655780066
=

* 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 Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Abraxas Petroleum's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Abraxas Petroleum (Abraxas Petroleum) 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.
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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