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Abraxas Petroleum Corporation · San Antonio, TX United States ·(NASDAQ (CM): AXAS)

Company Description

18803 Meisner Dr.
San Antonio, TX
78258
United States (Map)
Phone: 210-490-4788
Fax: 210-490-8837
    Abraxas is a mythical Gnostic symbol that represents the number 365 in Greek, and Abraxas Petroleum is working hard as a 365-days-a-year oil and gas company. The independent energy company is engaged in natural gas and crude oil exploration, development, and production. It operates primarily in Texas (along the Gulf Coast and in the Permian Basin), the Rocky Mountains, and the Mid-Continent, and in 2008 the company reported estimated proved reserves of 108.4 billion cu. ft. of natural gas and 7 million barrels of oil. Abraxas Petroleum also owns interests in more than 160,100 net acres, primarily in mature fields and in more than 1,800 producing wells. To read the full description, subscribe now.
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    Key Abraxas Petroleum Corporation Financials

    Company TypePublic - NASDAQ (CM): AXAS

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$100.3
    2008 Employees65

    Abraxas Petroleum Corporation Executives

    13 executives listed for Abraxas Petroleum Corporation's San Antonio, TX location.
    TitleName & BioContact
    Chairman, President, and CEORobert WatsonNetwork
    EVP, CFO, and TreasurerChris WillifordNetwork
    VP Corporate Development and Assistant SecretaryBarbara StuckeyNetwork

    Competition

    Competitive Landscape for Abraxas Petroleum Corporation
    Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.
    Top Abraxas Petroleum Corporation Competitors
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