Abraxas Petroleum Corporation (NASDAQ: AXAS) is one of 240 publicly-traded companies in the “Oil & Gas Exploration and Production” industry, but how does it weigh in compared to its peers? We will compare Abraxas Petroleum Corporation to related businesses based on the strength of its risk, valuation, analyst recommendations, earnings, dividends, profitability and institutional ownership.

Risk & Volatility

Abraxas Petroleum Corporation has a beta of 1.48, meaning that its stock price is 48% more volatile than the S&P 500. Comparatively, Abraxas Petroleum Corporation’s peers have a beta of 1.41, meaning that their average stock price is 41% more volatile than the S&P 500.

Profitability

This table compares Abraxas Petroleum Corporation and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Abraxas Petroleum Corporation 18.14% 7.68% 2.83%
Abraxas Petroleum Corporation Competitors -446.83% 1.11% 0.32%

Valuation & Earnings

This table compares Abraxas Petroleum Corporation and its peers top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Abraxas Petroleum Corporation $62.48 million $42.36 million 24.43
Abraxas Petroleum Corporation Competitors $1.39 billion $598.28 million 21.34

Abraxas Petroleum Corporation’s peers have higher revenue and earnings than Abraxas Petroleum Corporation. Abraxas Petroleum Corporation is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Insider and Institutional Ownership

44.5% of Abraxas Petroleum Corporation shares are held by institutional investors. Comparatively, 62.6% of shares of all “Oil & Gas Exploration and Production” companies are held by institutional investors. 8.5% of Abraxas Petroleum Corporation shares are held by company insiders. Comparatively, 12.0% of shares of all “Oil & Gas Exploration and Production” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent ratings for Abraxas Petroleum Corporation and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Abraxas Petroleum Corporation 0 0 5 0 3.00
Abraxas Petroleum Corporation Competitors 1572 7883 12189 268 2.51

Abraxas Petroleum Corporation currently has a consensus target price of $2.64, indicating a potential upside of 54.39%. As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 44.71%. Given Abraxas Petroleum Corporation’s stronger consensus rating and higher possible upside, equities analysts plainly believe Abraxas Petroleum Corporation is more favorable than its peers.

Summary

Abraxas Petroleum Corporation beats its peers on 7 of the 13 factors compared.

Abraxas Petroleum Corporation Company Profile

Abraxas Petroleum Corporation is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and gas. As of December 31, 2016, the Company’s estimated net proved reserves were 44.7 million barrels of oil equivalent (MMBoe), of which 33.6% were classified as proved developed, 74% were oil and natural gas liquids (NGL), and 95% of which (on a PV-10 basis) were operated by the Company. As of December 31, 2016, the Company’s daily net production was 6,181 barrels of oil equivalent per day (Boepd), of which 61% was oil or liquids. The Company’s oil and gas assets are located in three operating regions: the Rocky Mountain, Permian Basin and onshore Gulf Coast. The Company’s properties in the Rocky Mountain region are located in the Williston Basin of North Dakota and Montana, and in the Green River Powder River and Unita Basins of Wyoming and Utah.

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