Abraxas Petroleum Net Tangible Assets

Abraxas Petroleum (AXAS) currently reports a net tangible assets of $61M as of December 2022. That compares with $-120M in the prior-year period — up 152.4% year over year. Use the charts on this page to explore Abraxas Petroleum's net tangible assets history and peer comparisons.

Abraxas Petroleum's net tangible assets increased from $-120M to $61M — a 152.4% year-over-year increase (period ending December 2022). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Abraxas Petroleum reported $61M in net tangible assets as of December 2022. That compares with $-120M in the prior-year period — up 152.4% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current net tangible assets of $61M, then check the historical chart for trend and the peer comparison chart for relative positioning. From there, open related valuation or income-statement pages for Abraxas Petroleum, and consider following AXAS for alerts when major investors trade the stock.

Abraxas Petroleum is classified in the Energy sector. On net tangible assets, it currently shows $61M. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Energy are usually more informative than comparing AXAS with unrelated industries.