Abraxas Petroleum Regains Nasdaq Compliance

November 09,2020
Abraxas Petroleum Corp. has received a confirmation letter that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum average closing price of $1.00 per share over a period of 10 consecutive trading days. The letter…

Abraxas Begins Another Strategic Alternative Review

August 18,2020
Abraxas Petroleum Corp.'s Board of Directors has determined to renew the strategic alternatives review announced last October and led by Petrie Partners, LLC. Abraxas CEO Bob Watson said: "Petrie has been a great partner for Abraxas in the past. Now…

Abraxas Out of Compliance with Nasdaq Due to Late 10-Q

July 02,2020
Abraxas Petroleum Corp. has received notice from NASDAQ that it is out of compliance with listing rules due to a delayed Form 10-Q filing for the period ended March 31, 2020. Abraxas plans to pursue actions to file its Form…

Abraxas Out of NASDAQ Compliance Due to Delayed 10-K Filing

April 06,2020
Abraxas Petroleum Corp. has received notice from the NASDAQ market that it is not presently in compliance with the NASDAQ continued listing rules since the Company has not yet filed its Form 10-K for the period ended December 31, 2019.…

Abraxas Out of Compliance with Nasdaq Exchange

February 26,2020
Abraxas Petroleum Corp. announced that it received notice from The NASDAQ Stock Market LLC that the company did not then meet the NASDAQ continued listing standard which requires a minimum average closing price of $1.00 per share over a period…

- Shale Experts Analyzed 17 US E&Ps; Financial Health: Here's What We Found

January 22,2016
We Analyzed 17 US E&P companies, looking at their financials, Debt, Debt to Revenue, Planned Capital Spend, and Production. We found that most, of these companies might seek Chapter 11 protection. A spreadsheet with the company's and their financials are…

- Abraxas Delaying Bakken Completions; Revises Capex

September 04,2015
Also, Abraxas’ bank group recently reaffirmed the Company’s Borrowing Base at $165 million.

Abraxas Baffled by Weak Stock Price; Reiterates Guidance

July 23,2015
Aside from weakness in the general commodity markets, Abraxas is unaware of any fundamental reason for the Company’s recent stock price underperformance.

Abraxas Prices Offering to Fund Bakken, Eagle Ford Ops

June 19,2014
The offering is expected to settle and close on or about June 24, 2014.

Abraxas Ramps Up Eagle Ford Activity

June 13,2014
Stephens Inc., Canaccord Genuity Inc. and Robert W. Baird & Co. Inc. are acting as joint book-runners in the offering.

- Abraxas Announces 2012 Capital Expenditure Budget of $70 Million

November 15,2011
Abraxas Petroleum Corporation has reported its 2012 capital expenditure budget of $70 million, targeting oil and liquids-rich projects across all of its operating areas. “We are pleased to announce our 2012 capital expenditure budget of $70 million which is a…