Brief: Abraxas Announces Q2 Earnings Per Share $0.07

Abraxas Petroleum

07/08/2019 21:51

Aug 7 (Reuters) - Abraxas Petroleum Corp  AXAS.O :
    * ABRAXAS ANNOUNCES SECOND QUARTER 2019 FINANCIAL AND
OPERATING
RESULTS
    * Q2 ADJUSTED EARNINGS PER SHARE $0.02 EXCLUDING ITEMS
    * Q2 EARNINGS PER SHARE $0.07
    * Q2 REVENUE $34.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$37.2
MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $0.05 -- REFINITIV IBES
DATA
    * PRODUCTION OF 871 MBOE (9,572 BOEPD) DURING QUARTER
    * ABRAXAS PETROLEUM - IN QUARTER, PRODUCTION WAS NEGATIVELY
IMPACTED BY SHUT-IN OF WELLS IN NORTH DAKOTA TO ACCOMMODATE
FRACING OF OUR LILLIBRIDGE NW PAD
    * BOARD HAS AND WILL CONTINUE TO EXPLORE A WIDE RANGE OF
POTENTIAL
AVENUES TO INCREASE ABRAXAS STOCKHOLDER VALUE

Source text for Eikon:  ID:nBwbGPKPna 
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