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Stock Market & Financial Investment News

News Breaks
January 28, 2013
16:08 EDTAXASAbraxas Petroleum applies $22M in asset Q4 sales to revolver pay down
As previously announced, the approximately $22mm in asset sale proceeds in the fourth quarter were applied directly to paying down the Company’s revolver. At December 31, 2012 the company had $113 million drawn on its $150 million credit facility and approximately $575,000 in cash providing approximately $38 million in liquidity.
News For AXAS From The Last 14 Days
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January 16, 2015
10:01 EDTAXASOn The Fly: Analyst Downgrade Summary
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07:58 EDTAXASAbraxas Petroleum downgraded to Hold at Canaccord
As previously reported, Canaccord downgraded Abraxas Petroleum to Hold from Buy based on valuation in light of weaker oil prices. Canaccord lowered its price target on Abraxas Petroleum to $2.75 from $4.
06:50 EDTAXASAbraxas Petroleum downgraded to Hold from Buy at Canaccord

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