Abraxas Petroleum Corporation ("Abraxas" or the "Company") (NASDAQ:AXAS) today announced the signing of an agreement to acquire 853 net Delaware Basin Bone Spring/Wolfcamp acres and provided a divestiture update.
Abraxas Petroleum Corporation ("Abraxas" or the "Company") (NASDAQ: AXAS) will host its second quarter 2017 earnings conference call on Wednesday, August 9, 2017 at 10 AM Central Time (11 AM Eastern Time).
The slide in the price of oil has worsened.
We thought it best to salvage what we can and look to either revisit the position when oil prices stabilize, but at higher levels, or look for other opportunities.
We'll add to Abraxas Petroleum and lower our cost basis.
We're adding to PXLW, raising our target on ENZ, and prepared to buy more AXAS on weakness.
We initiated a new position and made several other trades during a week of twists and turns.
Even as we downgrade the name and cut our price target.
We initiated 2 new positions in a week dominated by political events.
We scaled further into one position and added a Bullpen name as the market shrugged off geopolitical uncertainties.
From Amazon to Walt Disney Co., I hold these names or want to buy them on dips.
Retail and auto companies (no surprise) lead cuts.
We exited 3 names last week as stocks continued their run.
We are buying 400 shares as the stock dips in early Friday trading.
OPEC's folly plays well into the hands of the Permian Basin crew.
Abraxas Petroleum Corporation ("Abraxas" or the "Company") (NASDAQ:AXAS) today announced the signing of a definitive agreement to acquire 2,008 net acres and 33 Boepd in Ward County, Texas prospective for the Wolfcamp/Bone...
It was a busy week of moves in the portfolio as we head into the latter half of the second quarter.
We initiated one new position and exited another last week, while several other names reported earnings.
Amplify Snacks and Abraxas Petroleum both continued the Stocks Under $10 earnings bonanza.
Abraxas Petroleum Corporation (NASDAQ:AXAS) today reported financial and operating results for the three months ended March 31, 2017.
We add a new name to the portfolio during a busy week of earnings.
During a busy week of earnings and data, we exited 2 positions and initiated a small one.
We exited one position and downgraded another as earnings season heated up.
We added a new name to the portfolio as the market took a breather in a shortened trading week.
Abraxas Petroleum Corporation ("Abraxas" or the "Company") (NASDAQ: AXAS) will host its first quarter 2017 earnings conference call on Wednesday, May 10, 2017 at 10 AM Central Time (11 AM Eastern Time).
A look at how current market dynamics are affecting our outlook for AXAS.
Chris Versace runs down the portfolio.
We beat the benchmark Russell 2000 for the quarter, and we await a busy week on the economic front.
Abraxas Petroleum Corporation ("Abraxas" or the "Company") (NASDAQ:AXAS) announced today that it will be presenting at the 23 rd Annual Oil & Gas Investment Symposium (OGIS) in New York City at the Sheraton Times Square...
We are keeping an eye on rate-sensitive names for possible buying opportunities, as stocks fell around 1.5% this week.
