6 Nov 2013quarterly activities report● Neutral
ABRAXAS PETROLEUM CORP reported quarterly revenue of $22.2 million and net income of $27.0 million for the period ended 2013-12-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
9 Sept 2013production update● Neutral
Abraxas furnished an operational update news release and slides for CEO Bob Watson's September 10, 2013 presentation at the Euro Pacific Energy Conference. The 8-K text contains no figures or new terms.
14 Aug 2013asset acquisition disposition● NeutralMajor
On August 9, 2013 Abraxas completed the sale of most of its non-operated Bakken properties to a Natural Resource Partners subsidiary for a net $38.3 million after adjustments (effective March 1, 2013). This closes the June 2013 agreement.
9 Aug 2013quarterly activities report● Neutral
ABRAXAS PETROLEUM CORP reported quarterly revenue of $28.6 million and net income of $3.2 million for the period ended 2013-09-30.
8 Aug 2013quarterly activities report● Neutral
ABRAXAS PETROLEUM CORP reported quarterly revenue of $28.6 million and net income of $3.2 million for the period ended 2013-09-30.
17 June 2013material agreement● NeutralMajor
On June 14, 2013 Abraxas agreed to sell most of its non-operated Bakken properties (about 13,500 net acres) to a Natural Resource Partners subsidiary for $35.3 million, plus assumption of an estimated $8.1 million of well spending commitments on 22 wells. Closing was set for the third quarter of 2013. This follows the sale process announced in February.
31 May 2013securities registration● Neutral
ABRAXAS PETROLEUM CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
15 May 2013agm notice● Neutral
ABRAXAS PETROLEUM CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
10 May 2013quarterly activities report● Neutral
ABRAXAS PETROLEUM CORP reported quarterly revenue of $21.0 million and net income of $7.9 million for the period ended 2013-06-30.
10 May 2013quarterly activities report● Neutral
ABRAXAS PETROLEUM CORP reported quarterly revenue of $21.0 million and net income of $7.9 million for the period ended 2013-06-30.
24 Apr 2013securities registration● Neutral
ABRAXAS PETROLEUM CORP registered a securities offering with the SEC using its shelf eligibility.
12 Apr 2013agm notice● Neutral
ABRAXAS PETROLEUM CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
12 Apr 2013agm notice● Neutral
ABRAXAS PETROLEUM CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
4 Apr 2013agm notice● Neutral
ABRAXAS PETROLEUM CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
22 Mar 2013agm notice● Neutral
ABRAXAS PETROLEUM CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
15 Mar 2013quarterly activities report● Neutral
ABRAXAS PETROLEUM CORP reported quarterly revenue of $20.6 million and net income of $595 thousand for the period ended 2013-03-31.
22 Feb 2013substantial holder notice● Neutral
The Vanguard Group reported a ABRAXAS PETROLEUM CORP shareholding of 5,150,986 shares (5.56% of votes) in a periodic institutional filing.
21 Feb 2013production update● Neutral
Abraxas furnished a news release with an operational update, fourth-quarter and year-end production and reserve data, and the start of a sale process for its non-operated Bakken/Three Forks assets. The 8-K text itself gives no figures; those are in the exhibit. The sale process leads into the June 2013 agreement.
14 Feb 2013substantial holder notice● Neutral
FRONTIER CAPITAL MANAGEMENT CO., LLC reported a ABRAXAS PETROLEUM CORP shareholding of 1,601,340 shares (1.73% of votes) in a periodic institutional filing.
13 Feb 2013substantial holder notice● Neutral
The Vanguard Group disclosed a new substantial ABRAXAS PETROLEUM CORP shareholding (5.37% of votes).
30 Jan 2013substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial ABRAXAS PETROLEUM CORP shareholding (5.46% of votes).
9 Nov 2012quarterly activities report▼ Bad
ABRAXAS PETROLEUM CORP reported quarterly revenue of $19.1 million and a net loss of $11.9 million for the period ended 2012-12-31.
10 Oct 2012substantial holder notice● Neutral
Neuberger Berman Group LLC, Neuberger Berman LLC, Neuberger Berman Management LLC reported no remaining ABRAXAS PETROLEUM CORP shareholding in its periodic institutional filing.
10 Sept 2012asset acquisition disposition● NeutralMajor
On September 4, 2012 Abraxas agreed with Rock Oil to dissolve the Blue Eagle joint venture formed in 2010. Abraxas keeps full interests in Jourdanton (4,401 net acres) and Yoakum (1,868), and 25% of WyCross (695) and Nordheim (944). It also gets $7 million cash plus 25% of remaining cash on liquidation. The retained wells make 205 boe/d net, and a ten-well WyCross program is planned. This ends the Blue Eagle thread (note the filing names Rock Oil as counterparty, not Blue Stone).
9 Aug 2012quarterly activities report▼ Bad
ABRAXAS PETROLEUM CORP reported quarterly revenue of $17.2 million and a net loss of $18.6 million for the period ended 2012-09-30.
9 Aug 2012quarterly activities report▼ Bad
ABRAXAS PETROLEUM CORP reported quarterly revenue of $17.2 million and a net loss of $18.6 million for the period ended 2012-09-30.
3 July 2012debt financing● NeutralMajor
On June 29, 2012 Abraxas amended its credit facility, raising the borrowing base to $140.0 million, with $15.0 (as written) of availability at that date. Until the end of 2012 or a sale of its Eagle Ford joint venture interest, drilling and completion spending is capped at $10.0 million a quarter. It also added oil hedges of 10,000 barrels a month, October 2012 to December 2014, at an average $82.72.
8 June 2012substantial holder notice● Neutral
BlackRock, Inc reported a ABRAXAS PETROLEUM CORP shareholding of 4,562,036 shares (4.94% of votes) in a periodic institutional filing.
10 May 2012quarterly activities report● Neutral
ABRAXAS PETROLEUM CORP reported quarterly revenue of $15.9 million and net income of $10.9 million for the period ended 2012-06-30.
9 May 2012agm notice● Neutral
ABRAXAS PETROLEUM CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).