Abraxas Petroleum Current Cash

Abraxas Petroleum posts a current cash of $2.9M as of December 2022. That compares with $10M in the prior-year period — down 71.3% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Abraxas Petroleum's current cash was $10M. The latest reading is $2.9M — a 71.3% year-over-year decrease (period ending December 2022). Use the history and growth charts on this page for a longer lookback.

Current Cash is one piece of Abraxas Petroleum's financial statement story. At $2.9M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for AXAS's current cash usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Abraxas Petroleum's other metric pages and overview cover the third.

Judging Abraxas Petroleum against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in current cash easier to interpret. Start with $2.9M here, then scan peer and history charts to see if the gap is persistent.