Split History
AXAS split history picture
AXAS (AXAS) has 1 split in our AXAS split history database. The split for AXAS took place on October 19, 2020. This was a 1 for 20 reverse split, meaning for each 20 shares of AXAS owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 50 share position following the split.

When a company such as AXAS conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the AXAS split history from start to finish, an original position size of 1000 shares would have turned into 50 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AXAS shares, starting with a $10,000 purchase of AXAS, presented on a split-history-adjusted basis factoring in the complete AXAS split history. AXAS split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 12/05/2014
End date: 06/22/2023
Start price/share: $53.00
End price/share: $0.03
Dividends collected/share: $0.00
Total return: -99.94%
Average Annual Total Return: -58.30%
Starting investment: $10,000.00
Ending investment: $5.66
Years: 8.55
Abraxas Petroleum is an independent energy company, engaged in the acquisition, exploration, development and production of oil and gas. Co.'s primary basins consist of the Permian/Delaware Basin (Bone Spring and Wolfcamp) and Williston Basin (Bakken and Three Forks). Co.'s properties in the Permian/Delaware Basin region are located in Ward and Winkler Counties, TX and produce oil and gas primarily from the Bone Spring and Wolfcamp formations. Co.'s properties in the Rocky Mountain region are primarily located in the Williston Basin of North Dakota and Montana. In this region, Co.'s wells produce oil and gas from various reservoirs, primarily the Bakken, Three Forks and Red River formations. According to our AXAS split history records, AXAS has had 1 split.
Date Ratio
10/19/20201 for 20
AXAS is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:

AZA Split History
BAK Split History
BAS Split History
BBI Split History
BCEI Split History
BIOF Split History
BIR Split History
BNE Split History
BNG Split History
BOLT Split History

Also explore: AXAS shares outstanding history

Email EnvelopeFree AXAS Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Psychemedics Corporation (PMD)
Psychemedics Corporation (PMD)
TransCode Therapeutics, Inc. (RNAZ)
Mainz Biomed N.V. (MYNZ)
FTC Solar, Inc. (FTCI)
Meritage Homes Corporation (MTH)
U-BX Technology Ltd. (UBXG)
Elevai Labs Inc. (ELAB)
Silexion Therapeutics Corp. (SLXN)
J-Long Group Limited (JL)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

AXAS Insider Buying

AXAS Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.3%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.3%.