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Abraxas Petroleum Corp revenue increases to $49.74 million in 2022 from previous year

Abraxas Petroleum Corp revenue increases to $49.74 million in 2022 from previous year

Key fundamental financials
  • profit of $37.33 million
  • Revenue of $49.74 million

By USInMinutes
Published - Apr 17, 2023, 11:24 PM ET
Last Updated - Jul 18, 2023, 03:54 PM EDT

Current ReportingRevenueNet IncomeProfit/Loss
Dec 2022$49.74 million$37.33 millionprofit
Dec 2021$78.86 million$44.57 millionloss
Dec 2020$43.04 million$184.52 millionloss

Abraxas Petroleum Corp [AXAS] has reported $37.33 million profit for the fiscal year ending Dec 31, 2022.

Revenue for the year was $49.74 million with operating income of $15.68 million.

The Sanantonio, Texas (TX)-based company operating in the crude petroleum & natural gas sector has total shareholders equity of $61.14 million.

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