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down 64.23 %

ABRAXAS PETRO [NED9 (AXAS) rated Outperform with price target $6 by Robert W. Baird

Posted on: Thursday,  Feb 17, 2011  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Outperform ABRAXAS PETRO [NED9 (NASDAQ: AXAS) on 02/17/2011, when the stock price was $5.20.
Since then, ABRAXAS PETRO [NED9 has lost 64.23% as of 01/27/2016's recent price of $1.86.
If you would have followed this Robert W. Baird's recommendation on AXAS, you would have lost 64.23% of your investment in 1805 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/17/2011 8:25 AM Buy
5.20 6.00
as of 12/30/2011
1 Week down  -1.78 %
1 Month down  -8.58 %
3 Months up  25.00 %
1 YTD down  -36.53 %

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