ABRAXAS PETROLEUM CORP

EDGAR

142 filing records in this dataset, filed from 1996-05-14 to 2023-04-17. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest quarter

Revenue

9.76 million USD

2022 Q4 · USD

Exact inputs and evidence

Operating margin

10.32%

2022 Q4 · %

Exact inputs and evidence
  • Operating Income: 15677000 USD Source
  • Operating Income: 14669000 USD Source
  • Revenue: 49737000 USD Source
  • Revenue: 39973000 USD Source

Operating cash flow

-2.32 million USD

2022 Q4 · USD

Exact inputs and evidence
  • Operating Cash Flow: 20312000 USD Source
  • Operating Cash Flow: 22636000 USD Source
Cash and cash equivalents
2.88 million USD Source
Exact value

2876000 USD

Long-term debt including current maturities
0 USD Source
Exact value

0 USD

Shares outstanding
101 million shares Source
Exact value

100701430 shares

Reported share-count change

1,095.71% · 92.3 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 8421910 shares · 2021-12-31· Source
  • 100701430 shares · 2022-12-31· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2023-04-17.

Financial data available through: 2022-12-31.

Coverage by financial measure
  • Revenue: 10 of 11 periods available· newest 2022-12-31
  • Operating income: 10 of 11 periods available· newest 2022-12-31
  • Net income: 10 of 11 periods available· newest 2022-12-31
  • Operating cash flow: 10 of 11 periods available· newest 2022-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 10 of 11 periods available· newest 2022-12-31
  • Total liabilities: 10 of 11 periods available· newest 2022-12-31
  • Current assets: 10 of 11 periods available· newest 2022-12-31
  • Current liabilities: 10 of 11 periods available· newest 2022-12-31
  • Cash and cash equivalents: 10 of 11 periods available· newest 2022-12-31
  • Long-term debt including current maturities: 10 of 11 periods available· newest 2022-12-31
  • Shares outstanding: 10 of 11 periods available· newest 2022-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -36.9%

    Prior period

    USD 78.86 million

    –

    Current period

    USD 49.74 million

    –

    Exact inputs and evidence

    49737000 − 78858000 = -29121000 USD

    78858000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    49737000 USD · 2022-01-01 – 2022-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Net income

    +USD 81.9 million

    Prior period

    −USD 44.57 million

    –

    Current period

    USD 37.33 million

    –

    Exact inputs and evidence

    37328000 − -44567000 = 81895000 USD

    -44567000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    37328000 USD · 2022-01-01 – 2022-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Operating cash flow

    -37.3%

    Prior period

    USD 32.42 million

    –

    Current period

    USD 20.31 million

    –

    Exact inputs and evidence

    20312000 − 32419000 = -12107000 USD

    32419000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    20312000 USD · 2022-01-01 – 2022-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2022 2022-01-01 – 2022-12-31

  • Revenue USD 49.74 million 100% of revenue
  • Operating costs Derived USD 34.06 million 68% of revenue
  • Operating income USD 15.68 million 32% of revenue
  • Tax, interest and other Derived −USD 21.65 million −44% of revenue
  • Net income USD 37.33 million 75% of revenue

Cash

  • Operating cash flow USD 20.31 million 41% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2012 Net loss: net income was −29% of revenue.
  • 2013 Net income was higher than operating income, so the split is not drawn.
  • 2014 Net income was higher than operating income, so the split is not drawn.
  • 2015 Operating loss: operating costs were 312% of revenue.
  • 2016 Operating loss: operating costs were 230% of revenue.
  • 2017 19%75%
  • 2019 Operating loss: operating costs were 120% of revenue.
  • 2020 Operating loss: operating costs were 563% of revenue.
  • 2021 Net loss: net income was −57% of revenue.
  • 2022 Net income was higher than operating income, so the split is not drawn.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2012 2012-01-01 – 2012-12-3165664000 60132000 Derived 5532000 24323000 Derived -18791000 Unavailable
Source
2013 2013-01-01 – 2013-12-3192324000 69227000 Derived 23097000 -15550000 Derived 38647000 Unavailable
Source
2014 2014-01-01 – 2014-12-31133776000 93854000 Derived 39922000 -23347000 Derived 63269000 Unavailable
Source
2015 2015-01-01 – 2015-12-3167030000 208835000 Derived -141805000 -14695000 Derived -127110000 Unavailable
Source
2016 2016-01-01 – 2016-12-3156555000 129942000 Derived -73387000 22991000 Derived -96378000 Unavailable
Source
2017 2017-01-01 – 2017-12-3186264000 64927000 Derived 21337000 5331000 Derived 16006000 Unavailable
Source
2019 2019-01-01 – 2019-12-31129146000 154862000 Derived -25716000 39288000 Derived -65004000 Unavailable
Source
2020 2020-01-01 – 2020-12-3143043000 242461000 Derived -199418000 -14896000 Derived -184522000 Unavailable
Source
2021 2021-01-01 – 2021-12-3178858000 48374000 Derived 30484000 75051000 Derived -44567000 Unavailable
Source
2022 2022-01-01 – 2022-12-3149737000 34060000 Derived 15677000 -21651000 Derived 37328000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 49.7M 2022
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.144.5M108.4M72.2M36.1M0.0201220172022
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2012Revenue65664000
2013Revenue92324000
2014Revenue133776000
2015Revenue67030000
2016Revenue56555000
2017Revenue86264000
2019Revenue129146000
2020Revenue43043000
2021Revenue78858000
2022Revenue49737000

Revenue growth

Change in revenue from the same financial period one year earlier.

-36.9% 2022
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.95%52%8%-35%-79%201220172022
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2012Year over yearNo prior comparable period
2013Year over year40.6%
2014Year over year44.9%
2015Year over year-49.9%
2016Year over year-15.6%
2017Year over year52.5%
2019Year over yearNo prior comparable period
2020Year over year-66.7%
2021Year over year83.2%
2022Year over year-36.9%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 31.5% 2022
Net margin 75.1% 2022
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.118%-38%-194%-350%-506%201220172022
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2012Operating margin8.4%
2013Operating margin25%
2014Operating margin29.8%
2015Operating margin-211.6%
2016Operating margin-129.8%
2017Operating margin24.7%
2019Operating margin-19.9%
2020Operating margin-463.3%
2021Operating margin38.7%
2022Operating margin31.5%
2012Net margin-28.6%
2013Net margin41.9%
2014Net margin47.3%
2015Net margin-189.6%
2016Net margin-170.4%
2017Net margin18.6%
2019Net margin-50.3%
2020Net margin-428.7%
2021Net margin-56.5%
2022Net margin75.1%
2012Free cash flow marginNot reported
2013Free cash flow marginNot reported
2014Free cash flow marginNot reported
2015Free cash flow marginNot reported
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 20.3M 2022
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.103.9M77.9M51.9M26.0M0.0201220172022
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2012Operating cash flow51375000
2013Operating cash flow51654000
2014Operating cash flow96203000
2015Operating cash flow6979000
2016Operating cash flow26872000
2017Operating cash flow38123000
2019Operating cash flow73647000
2020Operating cash flow15985000
2021Operating cash flow32419000
2022Operating cash flow20312000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2012Free cash flowUnavailable
2013Free cash flowUnavailable
2014Free cash flowUnavailable
2015Free cash flowUnavailable
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

13.3% 2022
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.205%153%102%51%0%201220172022
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2012Liabilities / assets80.6%
2013Liabilities / assets61.1%
2014Liabilities / assets44.7%
2015Liabilities / assets68.5%
2016Liabilities / assets88.6%
2017Liabilities / assets61.2%
2019Liabilities / assets70.7%
2020Liabilities / assets146.3%
2021Liabilities / assets189.4%
2022Liabilities / assets13.3%

Current assets to current liabilities

Current assets divided by current liabilities.

1.76× 2022
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.90×1.43×0.95×0.48×0.00×201220172022
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2012Current assets / current liabilities0.42×
2013Current assets / current liabilities0.48×
2014Current assets / current liabilities0.47×
2015Current assets / current liabilities0.93×
2016Current assets / current liabilities0.77×
2017Current assets / current liabilities0.5×
2019Current assets / current liabilities0.42×
2020Current assets / current liabilities0.11×
2021Current assets / current liabilities0.1×
2022Current assets / current liabilities1.76×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2012 2012-01-01 – 2012-12-31
−USD 18.79 million
Exact value

Exact value: -18791000 USD

2012-01-01 – 2012-12-31: -18791000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 51.38 million
Exact value

Exact value: 51375000 USD

2012-01-01 – 2012-12-31: 51375000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2013 2013-01-01 – 2013-12-31
USD 38.65 million
Exact value

Exact value: 38647000 USD

2013-01-01 – 2013-12-31: 38647000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 51.65 million
Exact value

Exact value: 51654000 USD

2013-01-01 – 2013-12-31: 51654000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2014 2014-01-01 – 2014-12-31
USD 63.27 million
Exact value

Exact value: 63269000 USD

2014-01-01 – 2014-12-31: 63269000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 96.2 million
Exact value

Exact value: 96203000 USD

2014-01-01 – 2014-12-31: 96203000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2015 2015-01-01 – 2015-12-31
−USD 127.11 million
Exact value

Exact value: -127110000 USD

2015-01-01 – 2015-12-31: -127110000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 6.98 million
Exact value

Exact value: 6979000 USD

2015-01-01 – 2015-12-31: 6979000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2016 2016-01-01 – 2016-12-31
−USD 96.38 million
Exact value

Exact value: -96378000 USD

2016-01-01 – 2016-12-31: -96378000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 26.87 million
Exact value

Exact value: 26872000 USD

2016-01-01 – 2016-12-31: 26872000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 16.01 million
Exact value

Exact value: 16006000 USD

2017-01-01 – 2017-12-31: 16006000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 38.12 million
Exact value

Exact value: 38123000 USD

2017-01-01 – 2017-12-31: 38123000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
−USD 65 million
Exact value

Exact value: -65004000 USD

2019-01-01 – 2019-12-31: -65004000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 73.65 million
Exact value

Exact value: 73647000 USD

2019-01-01 – 2019-12-31: 73647000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
−USD 184.52 million
Exact value

Exact value: -184522000 USD

2020-01-01 – 2020-12-31: -184522000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 15.99 million
Exact value

Exact value: 15985000 USD

2020-01-01 – 2020-12-31: 15985000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
−USD 44.57 million
Exact value

Exact value: -44567000 USD

2021-01-01 – 2021-12-31: -44567000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 32.42 million
Exact value

Exact value: 32419000 USD

2021-01-01 – 2021-12-31: 32419000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
USD 37.33 million
Exact value

Exact value: 37328000 USD

2022-01-01 – 2022-12-31: 37328000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 20.31 million
Exact value

Exact value: 20312000 USD

2022-01-01 – 2022-12-31: 20312000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

142 filings · 4,452 latest values · 4,450 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000867665, 867665, AXAS, axas, edgar:867665

Also known as ABRAXAS PETROLEUM CORP