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Stock Market & Financial Investment News

News Breaks
March 12, 2014
06:04 EDTAXASAbraxas Petroleum approved increase to FY14 CapEx to $125M
The increase in 2014 CapEx will go directly to drilling two incremental wells and acquiring additional leasehold in the Eagle Ford. In connection with this increase in CapEx and compensating for recent asset sales, Abraxas is raising the company’s 2014 production guidance from 4,900-5,100 boepd to 5,200-5,300 boepd.
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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