Short term X-ray variability of the BL Lac object PKS 2155-304: power spectrum and cross-correlation analysis

We present a detailed power spectrum and cross-correlation analysis of the X-ray light curves of the BL Lac object PKS 2155 - 304, obtained with EXOSAT. The power spectra show a marked red noise-type variability, with the power increasing steeply toward low frequency. The variability is more pronounced in the 1-6 keV band than in the 0.1-2 keV band. We show that the presence of data gaps (though limited to < 20% in the EXOSAT light curves) can flatten significantly the logarithmic slope of the power spectrum. A technique for bridging data gaps which reduces the power spectrum distortions is introduced. In this way an average power law slope of about -2.5 is obtained for the power spectrum from the 1-6 keV data. The average power spectrum of the light curves after the removal of a linear trend, as required in this case, is characterized by a slope of -1.9 +/- 0.4 over the 10(-4) to 3 x 10(-3) Hz frequency range. Longer observations and alternative power spectrum estimation techniques are required to investigate further the red noise properties of PKS 2155 - 304.