Analysts expect Abraxas Petroleum Corporation (NASDAQ:AXAS) to report $0.07 EPS on March, 13.They anticipate $0.06 EPS change or 600.00% from last quarter’s $0.01 EPS. AXAS’s profit would be $11.51 million giving it 7.64 P/E if the $0.07 EPS is correct. After having $0.04 EPS previously, Abraxas Petroleum Corporation’s analysts see 75.00% EPS growth. The stock decreased 0.93% or $0.02 during the last trading session, reaching $2.14. About 572,009 shares traded. Abraxas Petroleum Corporation (NASDAQ:AXAS) has risen 39.85% since February 20, 2017 and is uptrending. It has outperformed by 23.15% the S&P500.
Orrstown Financial Services, Inc. operates as the bank holding firm for Orrstown Bank that provides commercial banking and trust services in the United States. The company has market cap of $211.62 million. The firm accepts various deposits, including checking, savings, time, demand, and money market deposits. It has a 25.87 P/E ratio. The Company’s loan products include commercial loans, including commercial real estate, equipment, working capital, and other commercial purpose loans; consumer loans, such as home equity loans, home equity lines of credit, and other consumer loans; residential mortgage loans; and agribusiness, acquisition and development, municipal, and installment and other loans.
Investors sentiment increased to 1.7 in Q3 2017. Its up 0.48, from 1.22 in 2017Q2. It is positive, as 16 investors sold Abraxas Petroleum Corporation shares while 24 reduced holdings. 26 funds opened positions while 42 raised stakes. 71.85 million shares or 5.72% more from 67.97 million shares in 2017Q2 were reported. Gsa Capital Prns Llp holds 0.03% of its portfolio in Abraxas Petroleum Corporation (NASDAQ:AXAS) for 225,200 shares. Tudor Invest Corporation Et Al holds 0% or 21,091 shares in its portfolio. Panagora Asset Management Inc, a Massachusetts-based fund reported 2.07M shares. Geode Ltd Liability owns 1.30 million shares or 0% of their US portfolio. Moreover, Live Your Vision Ltd Com has 0% invested in Abraxas Petroleum Corporation (NASDAQ:AXAS). 30,500 were reported by Cambridge Invest Rech Advisors Inc. Assetmark Inc, a California-based fund reported 34 shares. The Connecticut-based Aqr Cap Ltd Liability Com has invested 0.01% in Abraxas Petroleum Corporation (NASDAQ:AXAS). Nichols Pratt Advisers Limited Liability Partnership Ma has 6,000 shares. California Pub Employees Retirement Systems reported 1.07 million shares. Voya Investment Management Ltd Com owns 73,546 shares for 0% of their portfolio. Art Advsr Ltd reported 0.01% of its portfolio in Abraxas Petroleum Corporation (NASDAQ:AXAS). Moreover, State Board Of Administration Of Florida Retirement Sys has 0% invested in Abraxas Petroleum Corporation (NASDAQ:AXAS) for 49,888 shares. Aperio Group Limited Co stated it has 0% in Abraxas Petroleum Corporation (NASDAQ:AXAS). 13,567 were accumulated by Royal National Bank Of Canada.
Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of gas and oil properties in the United States. The company has market cap of $351.82 million. The firm operates gas and oil assets in the Permian/Delaware Basin, the Rocky Mountain, and South Texas regions. It has a 23.78 P/E ratio. As of December 31, 2016, its estimated net proved reserves were 44.7 million barrels of oil equivalent.
Among 11 analysts covering Abraxas Petroleum (NASDAQ:AXAS), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Abraxas Petroleum had 34 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, January 31, the company rating was maintained by Stifel Nicolaus. The stock has “Buy” rating by Canaccord Genuity on Friday, August 7. The company was maintained on Friday, September 11 by Imperial Capital. Seaport Global upgraded Abraxas Petroleum Corporation (NASDAQ:AXAS) rating on Friday, August 11. Seaport Global has “Buy” rating and $2.5000 target. Canaccord Genuity maintained the shares of AXAS in report on Monday, January 8 with “Buy” rating. The firm earned “Buy” rating on Monday, January 29 by Stifel Nicolaus. The rating was upgraded by Cowen & Co to “Outperform” on Monday, April 18. Robert W. Baird maintained Abraxas Petroleum Corporation (NASDAQ:AXAS) on Wednesday, September 20 with “Hold” rating. Stifel Nicolaus upgraded Abraxas Petroleum Corporation (NASDAQ:AXAS) on Friday, January 20 to “Buy” rating. Ladenburg Thalmann initiated Abraxas Petroleum Corporation (NASDAQ:AXAS) on Wednesday, July 13 with “Buy” rating.