AXAS

[par_putt]

any ideas where Axas is going. It has recovered back to its old values.
New presentation shows importance of good fracking team.

[dan_s]

Good timing. I am working on AXAS today and we will publish a profile and forecast model for the company this weekend.

I have never been a big fan of this one, but it is definitely showing some life.

[dan_s]

Abraxas Petroleum (AXAS): An updated Net Income & Cash Flow Forecast model has been posted under the Watch List Tab. We will publish a new profile on the company on April 14.

My Fair Value Estimate has been raised to $5.60/share and I can see a lot of upside for this small-cap. Their new focus on the Bakken and Eagle Ford has significantly improved the outlook for this puppy.