Abraxas Petroleum's ROA from the fourth quarter of 2022 to the fourth quarter of 2021 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics

What is Abraxas Petroleum's ROA in the fourth quarter of 2022?
Abraxas Petroleum Corp achieved a return on average assets (ROA) of 44.11 % in its fourth quarter of 2022, this is above AXAS's average return on assets of -13.93%.
Abraxas Petroleum Corp assets over the 12 months ending in its fourth quarter of 2022 are valued at $85 million

Despite the company's net income deteriorating, Abraxas Petroleum was able to improve its ROA compared to the third quarter of 2022.

However, within the Energy sector 11 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2022 quarter, so far to 92, from total ROA ranking in the third quarter of 2022 at 98.

What is ROA?

Select the Comparisons :

None ▼

Select the Ratio:

Return on Assets ROA▼

None ▼

Return on Assets ROA▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

Return On Assets	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter	(Jun 30 2022) II. Quarter	(Mar 31 2022) I. Quarter	(Dec 31 2021) IV. Quarter
Y / Y Total Assets Change	-49.07 %	-39.51 %	-37.84 %	-42.96 %	-13.66 %
Y / Y Net Income Change	-	-	-	-	-
Net Income (TTM) in million	37	44	40	19	-45
Return On Assets (TTM)	44.11 %	42.75 %	34.26 %	14.72 %	-30.39 %
AXAS's Total Ranking	# 92	# 98	# 134	# 453	# 5000
Total Assets (TTM) in million	73	89	92	84	143
Seq. Total Assets Change	-18.44 %	-3.05 %	9.55 %	-41.21 %	-3.12 %
Seq. Net Income Change	-	-64.05 %	-83.19 %	-	-

AXAS's 5 Years Annual ROA >> Back to AXAS Management Effectiveness >> Compare AXAS ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 10
Sector	# 12
Overall	# 87

Return On Assets Statistics
High	Average	Low
46.31 %	-13.93 %	-121.59 %
(Dec 31 2022)		(Mar 31 2021)

Financial Statements
Abraxas Petroleum's Assets	$ 73 million	AXAS's Balance sheet
Abraxas Petroleum's Income	$ -12 million	Quarterly AXAS's Income Statement
AXAS's Income by Division		See AXAS's Income by Division

Annual Return On Assets	(Dec 31 2022) FY 2022	(Dec 31 2021) FY 2021	(Dec 31 2020) FY 2020	(Dec 31 2019) FY 2019	(Dec 31 2018) FY 2018
Y / Y Total Assets Change	-50.7 %	-13.66 %	-55.51 %	-19.83 %	52.41 %
Total Assets in million	71	143	166	373	465
Y / Y Net Income Change	-	-	-	-	261.25 %
Net Income in million	37	-45	-185	-65	58
Annual Return On Assets	52.91 %	-31.14 %	-111.33 %	-17.45 %	12.44 %

AXAS's 5 Years Annual ROA >> Back to AXAS Management Effectiveness >> Compare AXAS ROA to its Competitors

Comment on AXAS's ROA in the fiscal year ending 2022

In the fiscal year 2022 ROA improved to 52.91 % compared to prior year, due to annual net income growth of % to $37.33 million, and due to decline of value in Abraxas Petroleum's assets by -50.7 % to $70.55 million, compared to $70.55 a year before.

More Return On Assets Ratios
AXAS's' Return on Assets at Yahoo Finance
Oil And Gas Production Industry Return On Assets Trends and Statistics
Energy Sector Roa Statistics
Roa Trends for overall market
AXAS's Roa Ratio versus Oil And Gas Production Industry, Energy Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for AXAS's Competitors
Subscribers only: Roa for Abraxas Petroleum's Suppliers
Subscribers only: Return On Assets for AXAS's Customers

You may also want to know
AXAS's Roi	AXAS's Inventory Turnover Ratio	AXAS's Growth Rates	AXAS's Dividend Comparisons
	AXAS's Profitability Ratios	AXAS's Asset Turnover Ratio	AXAS's Dividend Growth
AXAS's Roe	AXAS's Valuation Ratios	AXAS's Financial Strength Ratios	AXAS's Dividend Payout Ratio

Companies with similar Return On Assets at Dec 31 2022, within Energy Sector	ROA
Camber Energy Inc	100.98 %
Dorchester Minerals L p	72.91 %
Chord Energy Corporation	67.30 %
Alpha Metallurgical Resources Inc	65.09 %
Arch Resources Inc	57.76 %
Texas Pacific Land Corporation	53.65 %
Sandridge Energy Inc	49.95 %
Silverbow Resources Inc	49.40 %
Magnolia Oil and Gas Corp	47.99 %
Enerplus Corporation	47.18 %
Abraxas Petroleum Corp	46.31 %
Blue Dolphin Energy Co	40.95 %
Obsidian Energy Ltd	38.25 %
Black Stone Minerals L p	37.72 %
Expand Energy Corporation	34.79 %
Warrior Met Coal Inc	34.18 %
Mexco Energy Corporation	33.30 %
Northern Oil And Gas Inc	31.93 %
Epsilon Energy Ltd	30.71 %
Apa Corporation	30.70 %
Evolution Petroleum Corp	30.11 %
Natural Resource Partners Lp	29.82 %
Coronado Global Resources Inc.	28.15 %
Mach Natural Resources Lp	27.52 %
Devon Energy Corp	26.31 %
Omega Flex Inc	25.98 %
Matador Resources Company	25.23 %
Peabody Energy Corp	24.79 %
Riley Exploration Permian Inc	24.78 %
Ovintiv Inc	24.55 %

Date modified: 2026-09-18T13:11:05+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.