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ABRAXAS PETRO [NED9 (AXAS) [hlAlert]

Rating:
Buy AXAS
down 56.02 %

ABRAXAS PETRO [NED9 (AXAS) rated Buy with price target $5.50 by C.K. Cooper

Posted on: Monday,  May 16, 2011  11:25 AM ET by C.K. Cooper

C.K. Cooper rated Buy ABRAXAS PETRO [NED9 (NASDAQ: AXAS) on 05/16/2011, when the stock price was $4.23.
Since then, ABRAXAS PETRO [NED9 has lost 56.03% as of 01/27/2016's recent price of $1.86.
If you would have followed this C.K. Cooper's recommendation on AXAS, you would have lost 56.02% of your investment in 1717 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.

C. K. Cooper & Company has for over a decade provided insightful research ideas and commentary. As the firm identifies focus industries it brings together an analytical team to provide unique vision and insight to select investment ideas. In addition, leveraging on the expertise of the firm, the Research Team can evaluate opportunities against a wide database of industry and competitive trends.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/16/2011 11:25 AM Buy
None
4.23 5.50
as of 12/30/2011
1 Week down  -1.78 %
1 Month down  -8.58 %
3 Months up  25.00 %
1 YTD down  -21.98 %

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