Abraxas Petroleum traded at $2.00 this Wednesday August 4th, decreasing $0 or 0 percent since the previous trading session. Looking back, over the last four weeks, Abraxas Petroleum lost 36.71 percent. Over the last 12 months, its price rose by 846.07 percent. Looking ahead, we forecast Abraxas Petroleum to be priced at 1.95 by the end of this quarter and at 1.81 in one year, according to Trading Economics global macro models projections and analysts expectations.


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Abraxas Petroleum
Abraxas Petroleum Corporation is an independent energy company engaged in the acquisition, exploitation, development and production of oil and gas in the United States and Canada. The Companys estimated net proved reserves were approximately 31.0 million barrels of oil equivalent (MMBoe), of which 44% were classified as proved developed, 74% were oil and natural gas liquids (NGLs) and 94% by PV-10 basis are operated. Its daily net production was approximately 4,298 barrels of oil equivalent per day, of which 64% was oil or liquids. Its oil and gas assets are located in three operating regions in the United States, the Rocky Mountain, Permian Basin and onshore Gulf Coast, and in the province of Alberta, Canada.