Brief: Abraxas Q2 earnings per share $0.04

Abraxas Petroleum

08/08/2017 22:30

Aug 8 (Reuters) - Abraxas Petroleum Corp  AXAS.O  
    * Abraxas announces second quarter 2017 results 
    * Q2 adjusted earnings per share $0.01 excluding items 
    * Q2 earnings per share $0.04 
    * Q2 revenue $13.2 million 
    * Q2 revenue view $17.6 million -- Thomson Reuters I/B/E/S 
    * Q2 earnings per share view $0.02 -- Thomson Reuters 
I/B/E/S 
    * Abraxas Petroleum Corp qtrly production of 471 MBoe (5,172 
Boepd) 
    * Abraxas Petroleum Corp - expects to meet or exceed 
company's originally forecasted 2017 exit rate of 9,500 Boepd in 
coming weeks 
    * Abraxas Petroleum Corp - sees FY total production 7,800 
Boepd - 8,200 Boepd 
    * Abraxas Petroleum Corp sees 2017 CAPEX $120 million 
    * Abraxas Petroleum Corp - sees 2018 total production 
11,500 Boepd 
    * Abraxas Petroleum Corp sees 2018 CAPEX $90 million 
    * Abraxas Petroleum Corp - sees 2019 total production 
12,750 Boepd 
    * Abraxas Petroleum Corp sees 2019 CAPEX $90 million 
 
Source text for Eikon:  ID:nBw6LWz3Da  
Further company coverage:  AXAS.O  
 
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