REXX Rex Energy Corporation featured news, full reports, and detailed charts
Rex Energy Corporation (REXX) Wrap Up:
We are an independent oil and gas company operating in the Illinois Basin, the Appalachian Basin and the Southwestern Region of the United States. We pursue a balanced growth strategy of exploiting our sizeable inventory of lower risk developmental drilling locations, pursuing our higher potential exploration drilling prospects and actively seeking to acquire complementary oil and natural gas properties. We were incorporated in the state of Delaware on March 8, 2007. We completed our initial public offering and the Reorganization Transactions in July 2007. Our common stock currently trades on the NASDAQ Global Market under the symbol “REXX”. At December 31, 2007, our proved reserves had the following characteristics: • 15.9 MMBOE; • 81% crude oil; • 78% proved developed; and • A reserve life index of approximately 15 years (based upon fourth quarter 2007 production). ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f31%2f0001193125-08-071291.html#FIS_BUSINESS"Rex Energy Corporation (REXX:NASDAQ)
Snapshot of Rex Energy Corporation (REXX)
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OPEN
$9.42
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PREVIOUS CLOSE
$9.56
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DAY HIGH
$9.45
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DAY LOW
$8.86
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52 WEEK HIGH
10/21/09 - $11.01
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52 WEEK LOW
03/5/09 - $0.99
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MARKET CAP
336.9M
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AVERAGE VOLUME 3 mo
382.2K
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DILUTED EPS TTM
$-1.21
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SHARES OUTSTANDING
36.8M
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REXX Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
REXX Top Compensated Officers
Executives, Board Directors
Key developments for Rex Energy Corporation (REXX)
Rex Energy Corporation provided capital expenditure guidance for the fourth quarter of 2009. For the quarter, the company expected to spend $12.8 million capital expenditure.
Rex Energy Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss of $1.2 million, or $0.03 per share on total operating revenue of $13.1 million compared to net income of $36.8 million, or $1.00 per share on total operating revenue of $25.3 million for the same quarter a year ago. Loss from operations was $2.3 million or $0.03 per diluted share compared to income from operations of $1.8 million or $1.00 per diluted share for the same quarter a year ago. Loss from continuing operations before income tax was $2.1 million compared to income from continuing operations before income tax of $61.7 million for the same quarter a year ago. The company reported EBITDAX From continuing operations was $5.2 million compared to $7.8 million for the same quarter a year ago. Capital expenditures in the third quarter of 2009 were $4.4 million of which $2.6 million was incurred in the company's Illinois Basin operations, and $1.8 million was incurred in the company's Appalachian Basin operations. For the nine months, the company reported net loss of $11.6 million or $0.32 per share on total operating revenue of $33.4 million compared to net income of $8.4 million or $0.25 per share on total operating revenue of $70.8 million for the same period a year ago. Loss from operations was $14.5 million or $0.33 per diluted share compared to income from operations of $16.4 million or $0.25 per diluted share for the same period a year ago. Loss from continuing operations before income tax was $20 million compared to income from continuing operations before income tax of $14.2 million for the same period a year ago. The company reported EBITDAX From continuing operations was $18 million compared to $23.4 million for the same period a year ago. The company reported impairment expense was $477,000 for the third quarter ended September 30, 2009.
Rex Energy Corporation, Q3 2009 Earnings Call, Nov-06 2009
REXX Competitors
| Company | Last | Change |
| Gastar Exploration Ltd | $4.45 USD | -0.03 |
| Kodiak Oil & Gas Corp | $2.53 USD | -0.05 |
| Toreador Resources Corp | $7.86 USD | -0.52 |
| Vanguard Natural Resources LLC | $17.38 USD | -0.36 |
| Warren Resources Inc | $2.38 USD | -0.06 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | REXX | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 7.5x |
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| Price/Book | 1.6x |
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| Price/Cash Flow | 5.7x |
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| TEV/Sales | 7.1x |
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REXX |
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REXX transactions
| Type Date |
Target |
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Merger/Acquisition
June 22, 2009 |
Certain Areas Of Butler County |
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Merger/Acquisition
June 18, 2009 |
Rex Energy Corporation, Marcellus Shale Properties |