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Stock Market & Financial Investment News

News Breaks
January 6, 2014
16:03 EDTAXASAbraxas Petroleum continues to transact on lease blocks in Eagle Ford shale
Abraxas continues to identify and transact on targeted lease blocks in its core focus areas of the Eagle Ford shale. Recently, Abraxas acquired approximately 440 net acres of leasehold in McMullen County known as Dilworth East. The company believes the acreage block can accommodate up to four 5,000 foot lateral wells. Abraxas expects to be in a position to announce further acreage acquisitions in the Eagle Ford in the near future.
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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