Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

A Cleaner, Tighter Abraxas Petroleum Ready For 2014

Some investors get nervous when they see E&P companies selling acreage, but I suspect that may be due to a basic misunderstanding of how oil and gas companies create value. Acreage and reserves are definitely a critical part of long-term production and profit growth, but "acreage at any cost" has to be tempered with profitability and liquidity. I think Abraxas Petroleum (NAS...

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