Abraxas Petroleum Revenue, Profits - AXAS Quarterly Income Statement

Add to My Stocks
$2.1 $0.06 (2.78%) AXAS stock closing price Aug 15, 2018 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Abraxas Petroleum stock price. In the income statement, an investor can check for important parameters like the topline or sales, the bottomline or profits, the basic EPS, dividends etc. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has decreased from 40.63M to 30.92M and how operating and non operating activities have impacted the AXAS stock. Along with Abraxas Petroleum assets and Abraxas Petroleum free cash flow, Abraxas Petroleum profits as shown in profit and loss statement give key insights about the business. The net profit for 2018 Q2 is $-10.55M and the 2018 Q2 revenue is $30.92M.

View and download details of revenue and profits for Abraxas Petroleum for latest & last 40 quarters.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Abraxas Petroleum Revenues or Net Sales
30.92M40.63M29.59M24.72M13.15M18.8M22.01M13.98M11.01M9.56M
Cost Of Goods Sold (COGS)8.22M7.68M5.99M6.13M4.57M5.73M6.59M5.99M5.74M6M
Abraxas Petroleum Gross Profit
22.7M32.94M23.62M18.58M8.57M13.06M15.45M7.98M5.25M3.55M
Research & Development Expense----------
Selling General & Admin Expense3.07M2.72M5.6M5.05M2.89M2.73M5.33M6.56M31.48M37.81M
Income Before Depreciation Depletion Amortization19.64M30.22M18.04M13.53M5.67M10.32M10.11M1.41M-26.22M-34.25M
Depreciation Depletion Amortization8.71M10.13M8.57M7.87M4.41M5.37M6.51M6.37M5.66M5.89M
Non Operating Income-19.86M-7.98M-12.5M-5.55M6.43M9.24M-7.94M2.65M-13.88M-
Interest Expense1.63M1.32M1.08M-----1.15M1.23M
Abraxas Petroleum Pretax Income
-10.55M10.77M-4.11M-0.77M7.19M13.69M-5.3M-3.26M-46.93M-40.88M
Provision for Income Taxes----------
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-10.55M10.78M-4.11M-0.77M7.2M13.69M-5.3M-3.26M-46.94M-40.88M
Extraordinary Items & Discontinued Operations----------
Abraxas Petroleum Profit/ Loss (Net Income)
-10.55M10.78M-4.11M-0.77M7.2M13.69M-5.3M-3.26M-46.94M-40.88M
Average Shares used to compute Diluted EPS165.16M167.24M166.52M163.51M163.81M156.81M133.6M133.55M116.12M104.71M
Average Shares used to compute Basic EPS165.16M165.13M164.41M163.51M162.36M154.12M133.6M133.55M116.12M104.71M
Income Before Nonrecurring Items3.15M14.87M7.15M6.1M2.12M4.93M--3.31M-5.93M-1.3M
Income from Nonrecurring Items-13.71M-4.09M-11.26M-6.87M5.07M8.76M-6.29M--41.01M-39.58M
Abraxas Petroleum Earnings Per Share Basic Net
-0.060.07-0.020.000.040.09-0.04-0.02-0.40-0.39
Abraxas Petroleum Earnings Per Share Diluted Net
-0.060.06-0.020.000.040.09-0.04-0.02-0.40-0.39
EPS Diluted Before Nonrecurring Items0.020.090.040.040.010.030.01-0.02-0.05-0.01
Preferred Dividends Acc Pd----------
Dividends Common0.000.000.00-------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

It is very helpful to read a report on Abraxas Petroleum stock analysis. An investor must check the following items in an income statement:

  • Topline: A growing topline, as seen from the Abraxas Petroleum revenue chart, as isn't the case with Abraxas Petroleum indicates a sagging business. One needs to compare the QoQ topline or sales growth of AXAS stock with its peers like SBOW stock and LGCY stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $-10.55M for Abraxas Petroleum for 2018 Q2. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called the profit and loss statement. Apart from the AXAS income statement, one can check the Abraxas Petroleum historical stock prices to check how the price has moved with time.

Abraxas Petroleum Income Statement - Key Financial Ratios

PS Ratio (price sales ratio)
2.83
Operating Margin
49.4
Net Profit Margin
26.5
Dividend Yield
0%