Brief: Abraxas Reports Q2 Loss Per Share Of $0.06
07/08/2018 22:39
Aug 7 (Reuters) - Abraxas Petroleum Corp AXAS.O :
* ABRAXAS ANNOUNCES SECOND QUARTER 2018 FINANCIAL AND
OPERATING
RESULTS
* Q2 ADJUSTED EARNINGS PER SHARE $0.02 EXCLUDING ITEMS
* Q2 LOSS PER SHARE $0.06
* Q2 REVENUE $30.9 MILLION VERSUS I/B/E/S VIEW $33.6 MILLION
* Q2 EARNINGS PER SHARE VIEW $0.05 -- THOMSON REUTERS
I/B/E/S
* QTRLY PRODUCTION OF 745 MBOE
* REITERATES ITS YEARLY GUIDANCE FOR 2018
* ENTERED DEFINITIVE AGREEMENT TO SELL CERTAIN NON-CORE
ASSETS
LOCATED ON EASTERN SHELF OF PERMIAN BASIN FOR $3 MILLION
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