Abraxas Petroleum is an independent energy company, engaged in the acquisition, exploration, development and production of oil and gas. Co.'s primary basins consist of the Permian/Delaware Basin (Bone Spring and Wolfcamp) and Williston Basin (Bakken and Three Forks). Co.'s properties in the Permian/Delaware Basin region are located in Ward and Winkler Counties, TX and produce oil and gas primarily from the Bone Spring and Wolfcamp formations. Co.'s properties in the Rocky Mountain region are primarily located in the Williston Basin of North Dakota and Montana. In this region, Co.'s wells produce oil and gas from various reservoirs, primarily the Bakken, Three Forks and Red River formations. The AXAS stock yearly return is shown above.
The yearly return on the AXAS stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2013 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the AXAS annual return calculation with any dividends reinvested as applicable (on ex-dates).
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