Abraxas Petroleum Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
For the nine months, revenue was USD 39.97 million compared to USD 55.98 million a year ago. Net income was USD 49.31 million compared to net loss of USD 38.94 million a year ago. Basic earnings per share from continuing operations was USD 4.64 compared to basic loss per share from continuing operations of USD 4.63 a year ago. Diluted earnings per share from continuing operations was USD 4.64 compared to diluted loss per share from continuing operations of USD 4.63 a year ago.