Brief: Abraxas says Q4 loss per share $0.64
15/03/2016 20:15
March 15 (Reuters) - Abraxas Petroleum Corp AXAS.O : * Announces 2015 results * Q4 adjusted non-GAAP loss per share $0.02 excluding items * Q4 loss per share $0.64 * Q4 revenue $15.9 million versus I/B/E/S view $17.7 million * Q4 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S * One of main objectives for 2016 is to enhance financial flexibility. to that end, currently engaged in talks with bank group" * Qtrly production of 537 mboe * Even with drop in 2016 capital budget to between $17.5 million and $40 mln,expect to maintain/slightly grow production volumes this year" * Source text for Eikon urn:newsml:reuters.com:*:nBwbwwYr6a * Further company coverage AXAS.O ((Bengaluru Newsroom; +1 646 223 8780))
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