Abraxas Petroleum (AXAS) Return on Equity ROE from the fourth quarter 2022 to fourth quarter 2021 and annually, average high and low, overall ranking from Dec 31 2022 to Dec 31 2021 - CSIMarket
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Abraxas Petroleum Corp  (AXAS)
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy

Abraxas Petroleum's ROE per quarter

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


What is ROE for Abraxas Petroleum in the fourth quarter 2022?
Abraxas Petroleum Corp achieved a return on average equity (ROE) of 56.81 % in its fourth quarter 2022, this is above AXAS's average return on equity of -46.07%.
Abraxas Petroleum Corp shareholder's equity over the 12 months ending in its fourth quarter 2022 are valued at $66 million

ROE decreased relative to the period ending , due to the decline in net income.

Within the Oil And Gas Production industry 19 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2022 from 38 to 215.

What is ROE?




Return On Equity (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 Equity Change - - - - -
Y / Y Net Income Change - - - - -
Net Income (TTM) in Millions 37 44 40 19 -45
Return On Equity (TTM) 56.81 % 205.36 % - - -
AXAS's Total Ranking # 215 # 38 # 0 # 0 # 0
Equity (TTM) in Millions 61 73 68 61 -117
Seq. Equity Change -16.38 % 7.97 % 11.32 % - -
Seq. Net Income Change - -64.05 % -83.19 % - -

Return On Equity Company Ranking
Within: No.
Industry # 20
Sector # 26
Overall # 215

Return On Equity Statistics
High Average Low
205.36 %
-46.07 %
-563.89 %
(Sep 30 2022)   (Dec 31 2020)





AXAS Annual Return On Equity (Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
(Dec 31 2018)
2018
Total Equity in Millions 61 -117 -73 104 167
Y / Y Equity Change - - - -37.65 % 56.63 %
Net Income in Millions 37 -45 -185 -65 58
Y / Y Net Income Change - - - - 261.25 %
Return On Equity 61.06 % - - -62.61 % 34.73 %





Annual Roe Comment
In 2022 ROE fell to 61.06 %, despite net income growth.


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




Companies with similar Return On Equity at Dec 31 2022, within Energy Sector ROE
Gulfport Energy Corporation  156.08 %
Silverbow Resources Inc   131.04 %
Alpha Metallurgical Resources Inc   114.72 %
Arch Resources Inc   114.13 %
Southwestern Energy Company  111.02 %
Chord Energy Corporation  109.91 %
Par Pacific Holdings Inc   91.27 %
Enerplus Corporation  84.92 %
Roth Ch Acquisition V Co   82.97 %
Vital Energy inc   78.58 %
Magnolia Oil and Gas Corp  75.68 %
Comstock Resources Inc   75.21 %
Expand Energy Corporation  74.05 %
Cvr Energy Inc  73.64 %
Pbf Energy Inc   73.20 %
Crescent Energy Company  69.54 %
Sandridge Energy Inc   65.47 %
Coronado Global Resources Inc.  64.15 %
Texas Pacific Land Corporation  62.27 %
Ovintiv Inc   58.79 %
Devon Energy Corp  57.54 %
Abraxas Petroleum Corp  56.81 %
Battalion Oil Corp  56.39 %
Evolution Petroleum Corp  55.90 %
Range Resources Corporation  54.93 %
Obsidian Energy Ltd   53.37 %
Equinor Asa  53.24 %
Petrobras Petroleo Brasileiro Sa  52.63 %
Peabody Energy Corp  52.00 %
Valero Energy Corp  51.47 %


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



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