Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Abraxas Petroleum Corporation stock | $2.7

Own Abraxas Petroleum Corporation stock in just a few minutes.

Fact checked

Abraxas Petroleum Corporation is an oil & gas e&p business based in the US. Abraxas Petroleum Corporation shares (AXAS) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in Abraxas Petroleum Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Abraxas Petroleum Corporation. Find the stock by name or ticker symbol: AXAS. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Abraxas Petroleum Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$2.7, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Abraxas Petroleum Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Abraxas Petroleum Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Abraxas Petroleum Corporation share price

Use our graph to track the performance of AXAS stocks over time.

Abraxas Petroleum Corporation shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$2.7
52-week rangeUSD$1.41 - USD$8.4
50-day moving average USD$2.3362
200-day moving average USD$3.3988
Wall St. target priceUSD$3.5
PE ratio 0.6143
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.005

Buy Abraxas Petroleum Corporation shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Moomoo
$0 for US stocks
Stocks, Options, ETFs
$0
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
loading

Compare up to 4 providers

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Abraxas Petroleum Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Abraxas Petroleum Corporation price performance over time

Historical closes compared with the close of $2.7 from 2020-12-18

1 week (2021-01-07) 8.00%
1 month (2020-12-17) -1.10%
3 months (2020-10-15) 1,646.44%
6 months (2020-07-15) 1,132.88%
1 year (2020-01-15) 732.82%
2 years (2019-01-15) 98.53%
3 years (2018-01-13) N/A
5 years (2016-01-15) 233.33%

Is Abraxas Petroleum Corporation under- or over-valued?

Valuing Abraxas Petroleum Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Abraxas Petroleum Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Abraxas Petroleum Corporation's P/E ratio

Abraxas Petroleum Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1x. In other words, Abraxas Petroleum Corporation shares trade at around 1x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Abraxas Petroleum Corporation's PEG ratio

Abraxas Petroleum Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 7.85. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Abraxas Petroleum Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Abraxas Petroleum Corporation's EBITDA

Abraxas Petroleum Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$61.2 million.

The EBITDA is a measure of a Abraxas Petroleum Corporation's overall financial performance and is widely used to measure a its profitability.

Abraxas Petroleum Corporation financials

Revenue TTM USD$58.6 million
Operating margin TTM 47.46%
Gross profit TTM USD$89.6 million
Return on assets TTM 5.22%
Return on equity TTM -219.56%
Profit margin 0%
Book value $7.487
Market capitalisation USD$21.8 million

TTM: trailing 12 months

Shorting Abraxas Petroleum Corporation shares

There are currently 691,262 Abraxas Petroleum Corporation shares held short by investors – that's known as Abraxas Petroleum Corporation's "short interest". This figure is 17.1% down from 833,720 last month.

There are a few different ways that this level of interest in shorting Abraxas Petroleum Corporation shares can be evaluated.

Abraxas Petroleum Corporation's "short interest ratio" (SIR)

Abraxas Petroleum Corporation's "short interest ratio" (SIR) is the quantity of Abraxas Petroleum Corporation shares currently shorted divided by the average quantity of Abraxas Petroleum Corporation shares traded daily (recently around 571290.90909091). Abraxas Petroleum Corporation's SIR currently stands at 1.21. In other words for every 100,000 Abraxas Petroleum Corporation shares traded daily on the market, roughly 1210 shares are currently held short.

However Abraxas Petroleum Corporation's short interest can also be evaluated against the total number of Abraxas Petroleum Corporation shares, or, against the total number of tradable Abraxas Petroleum Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Abraxas Petroleum Corporation's short interest could be expressed as 0.08% of the outstanding shares (for every 100,000 Abraxas Petroleum Corporation shares in existence, roughly 80 shares are currently held short) or 0.105% of the tradable shares (for every 100,000 tradable Abraxas Petroleum Corporation shares, roughly 105 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Abraxas Petroleum Corporation.

Find out more about how you can short Abraxas Petroleum Corporation stock.

Abraxas Petroleum Corporation share dividends

We're not expecting Abraxas Petroleum Corporation to pay a dividend over the next 12 months.

Have Abraxas Petroleum Corporation's shares ever split?

Abraxas Petroleum Corporation's shares were split on a 1:20 basis on 19 October 2020. So if you had owned 20 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Abraxas Petroleum Corporation shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Abraxas Petroleum Corporation shares which in turn could have impacted Abraxas Petroleum Corporation's share price.

Abraxas Petroleum Corporation share price volatility

Over the last 12 months, Abraxas Petroleum Corporation's shares have ranged in value from as little as $1.41 up to $8.4. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Abraxas Petroleum Corporation's is 3.5995. This would suggest that Abraxas Petroleum Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Abraxas Petroleum Corporation overview

Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the United States. The company operates oil and gas assets in the Permian/Delaware Basin, the Rocky Mountain, and South Texas regions. As of December 31, 2019, its estimated net proved reserves were 56.4 million barrels of oil equivalent. The company was founded in 1977 and is based in San Antonio, Texas.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site