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down 44.47 %

ABRAXAS PETRO [NED9 (AXAS) upgraded to Accumulate with price target $4.50 by Global Hunter Securities

Posted on: Thursday,  Mar 13, 2014  9:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Accumulate ABRAXAS PETRO [NED9 (NASDAQ: AXAS) on 03/13/2014, when the stock price was $3.35.
Since then, ABRAXAS PETRO [NED9 has lost 44.48% as of 01/27/2016's recent price of $1.86.
If you would have followed this Global Hunter Securities's recommendation on AXAS, you would have lost 44.47% of your investment in 685 days.

Abraxas Petroleum Corporation (Abraxas) is an independent energy company primarily engaged in the development and production of natural gas and crude oil. At December 31, 2008, the Company?s properties are located in the Rocky Mountain, Mid-Continent, Permian Basin and Gulf Coast regions of the United States. On January 31, 2008, Abraxas Operating , LLC, a wholly owned subsidiary of the Partnership, consummated the acquisition of certain oil and gas properties located in various states from St. Mary Land & Exploration Company (St. Mary) and certain other sellers. In October 2009, Abraxas Petroleum Corporation closed the merger with Abraxas Energy Partners, L.P.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/13/2014 9:25 AM Buy
3.35 4.50
as of 10/17/2014
1 Week down  -0.78 %
1 Month down  -34.76 %
3 Months down  -32.44 %
1 YTD up  13.73 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/10/2013 9:25 AM Hold
2.27 2.25

(*) Stock Price at the time of the recommendation.
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