Rex Energy Company Profile (NASDAQ:REXX)

About Rex Energy (NASDAQ:REXX)

Rex Energy logoRex Energy Corporation is an independent oil, natural gas liquid (NGL) and natural gas company. The Company has operations in the Appalachian Basin and Illinois Basin. In the Appalachian Basin, the Company is focused on its Marcellus Shale, Utica Shale and Upper Devonian (Burkett) Shale drilling and exploration activities. In the Illinois Basin, the Company is focused on its developmental oil drilling on its properties. The Company owns an interest in approximately 1,820 oil and natural gas wells. The Company produces an average of over 195.8 net millions of cubic feet equivalent (MMcfe) per day, composed of approximately 62.4% natural gas, over 9.5% oil and approximately 28.1% NGLs. In the Illinois Basin, the Company produces an average of approximately 1,998 barrels of oil per day (bopd). Including both developed and undeveloped acreage, the Company controls approximately 99,200 gross (over 79,700 net) acres in Illinois, Indiana and Kentucky.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NASDAQ:REXX
  • CUSIP: 76156510
  • Web: www.rexenergycorp.com
Capitalization:
  • Market Cap: $33.41 million
  • Outstanding Shares: 9,902,000
Average Prices:
  • 50 Day Moving Avg: $1.18
  • 200 Day Moving Avg: $0.70
  • 52 Week Range: $2.30 - $9.84
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.93
  • P/E Growth: -0.13
Sales & Book Value:
  • Annual Revenue: $165.4 million
  • Price / Sales: 0.20
  • Book Value: $1.36 per share
  • Price / Book: 2.51
Profitability:
  • EBIDTA: $6.42 million
  • Net Margins: -159.09%
  • Return on Equity: -45.99%
  • Return on Assets: -4.52%
Debt:
  • Debt-to-Equity Ratio: 9.98%
  • Current Ratio: 0.45%
  • Quick Ratio: 0.43%
Misc:
  • Average Volume: 1.20 million shs.
  • Beta: 1.77
  • Short Ratio: 6.32
 

Frequently Asked Questions for Rex Energy (NASDAQ:REXX)

What is Rex Energy's stock symbol?

Rex Energy trades on the NASDAQ under the ticker symbol "REXX."

When did Rex Energy's stock split? How did Rex Energy's stock split work?

Rex Energy's stock reverse split before market open on Monday, May 15th 2017. The 1-10 reverse split was announced on Friday, May 5th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, May 12th 2017. An investor that had 100 shares of Rex Energy stock prior to the reverse split would have 10 shares after the split.

How were Rex Energy's earnings last quarter?

Rex Energy Co. (NASDAQ:REXX) issued its earnings results on Tuesday, May, 9th. The company reported ($0.60) EPS for the quarter, topping the consensus estimate of ($0.80) by $0.20. The company earned $52.07 million during the quarter, compared to analysts' expectations of $48.32 million. Rex Energy had a negative net margin of 159.09% and a negative return on equity of 45.99%. The business's quarterly revenue was up 102.7% on a year-over-year basis. During the same period in the previous year, the company posted ($2.30) earnings per share. View Rex Energy's Earnings History.

Where is Rex Energy's stock going? Where will Rex Energy's stock price be in 2017?

6 analysts have issued 1 year price objectives for Rex Energy's shares. Their predictions range from $4.71 to $15.00. On average, they anticipate Rex Energy's share price to reach $8.98 in the next twelve months. View Analyst Ratings for Rex Energy.

What are analysts saying about Rex Energy stock?

Here are some recent quotes from research analysts about Rex Energy stock:

  • 1. KLR Group analysts commented, "We are increasing our target price $0.50 to $1.50 per share due to a ~3% improvement in capital productivity and higher NGL price realizations (now modeling C3+ NGL pricing of ~50% of WTI oil prices, up from ~48% previously) partly offset by a ~2% reduction in our '17 volume forecast due to delays in the completion of the four-well Vaughn and Baird pads in 1Q/17. REXX generates a '19 capital yield of ~120%, up from ~110% previously, though below the industry median of ~145%. Our target price is anchored on a mid-cycle $80 oil and $4 natural gas price deck. The company made significant progress improving its balance sheet during '16 (incremental improvements still possible), though still has an elevated leverage profile and we believe a further improvement in commodity prices is required for longer term financial health." (3/17/2017)
  • 2. According to Zacks Investment Research, "Rex Energy Corporation is an independent oil and gas company operating in the Illinois Basin, the Appalachian Basin and the southwestern region of the United States. The Company pursues a balanced growth strategy of exploiting its sizable inventory of lower-risk developmental drilling locations, pursuing its higher-potential exploration drilling and enhanced oil recovery projects, and actively seeking to acquire complementary oil and natural gas properties. " (1/11/2017)

Are investors shorting Rex Energy?

Rex Energy saw a decline in short interest in the month of April. As of April 13th, there was short interest totalling 5,723,864 shares, a decline of 15.8% from the March 31st total of 6,795,525 shares. Based on an average daily trading volume, of 1,101,161 shares, the short-interest ratio is presently 5.2 days. Approximately 6.7% of the company's shares are short sold.

Who are some of Rex Energy's key competitors?

Who owns Rex Energy stock?

Rex Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Primecap Management Co. CA (3.59%), Vanguard Group Inc. (3.57%), Mackay Shields LLC (1.76%), Loomis Sayles & Co. L P (1.45%), Muhlenkamp & Co. Inc. (0.64%) and Geode Capital Management LLC (0.53%). Company insiders that own Rex Energy stock include Curtis J Walker, Robert W Ovitz and Thomas Rajan. View Institutional Ownership Trends for Rex Energy.

Who sold Rex Energy stock? Who is selling Rex Energy stock?

Rex Energy's stock was sold by a variety of institutional investors in the last quarter, including Mackay Shields LLC, California Public Employees Retirement System, Loomis Sayles & Co. L P and Muhlenkamp & Co. Inc.. View Insider Buying and Selling for Rex Energy.

Who bought Rex Energy stock? Who is buying Rex Energy stock?

Rex Energy's stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Bank of America Corp DE, Geode Capital Management LLC, Primecap Management Co. CA and KBC Group NV. Company insiders that have bought Rex Energy stock in the last two years include Curtis J Walker, Robert W Ovitz and Thomas Rajan. View Insider Buying and Selling for Rex Energy.

How do I buy Rex Energy stock?

Shares of Rex Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Rex Energy stock cost?

One share of Rex Energy stock can currently be purchased for approximately $3.42.

Analyst Ratings

Consensus Ratings for Rex Energy (NASDAQ:REXX) (?)
Ratings Breakdown: 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $8.98 (162.63% upside)

Analysts' Ratings History for Rex Energy (NASDAQ:REXX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/16/2017ValuEngineUpgradeSell -> HoldLowView Rating Details
5/15/2017S&P Equity ResearchBoost Price Target$3.92 -> $4.71LowView Rating Details
3/17/2017KLR GroupBoost Price TargetHold$10.00 -> $15.00HighView Rating Details
1/23/2017Northland SecuritiesSet Price TargetHold$10.00N/AView Rating Details
1/20/2017Royal Bank of CanadaReiterated RatingBuy$10.00N/AView Rating Details
9/29/2016Stifel NicolausUpgradeSell -> Hold$5.00 -> $5.20N/AView Rating Details
6/20/2016Wells Fargo & CoReiterated RatingHoldN/AView Rating Details
2/1/2016SunTrust Banks, Inc.DowngradeBuy -> HoldN/AView Rating Details
12/28/2015KeyCorpDowngradeOverweight -> HoldN/AView Rating Details
11/23/2015Imperial CapitalLower Price TargetOutperform -> In-Line$40.00 -> $20.00N/AView Rating Details
10/21/2015Robert W. BairdLower Price Target$30.00 -> $20.00N/AView Rating Details
7/22/2015Credit Suisse Group AGDowngradeNeutral -> Underperform$40.00 -> $20.00N/AView Rating Details
7/21/2015Seaport Global SecuritiesLower Price TargetNeutral$60.00 -> $35.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Rex Energy (NASDAQ:REXX)
Earnings by Quarter for Rex Energy (NASDAQ:REXX)
Earnings History by Quarter for Rex Energy (NASDAQ:REXX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017($0.80)($0.60)$48.32 million$52.07 millionViewListenView Earnings Details
3/7/2017Q4 2016($0.90)($0.80)$44.45 million$48.03 millionViewListenView Earnings Details
11/8/2016Q3($1.50)($1.40)$41.11 million$34.00 millionViewListenView Earnings Details
8/2/2016Q216($1.30)($0.70)$43.71 million$31.30 millionViewN/AView Earnings Details
5/10/2016Q1($3.70)($2.70)$42.43 million$30.50 millionViewN/AView Earnings Details
3/15/2016Q4($4.30)($2.00)$42.78 million$34.50 millionViewN/AView Earnings Details
11/9/2015Q315($3.50)($2.60)$51.07 million$37.60 millionViewN/AView Earnings Details
8/4/2015Q2($2.70)($2.20)$58.01 million$45.80 millionViewN/AView Earnings Details
5/6/2015Q115($2.20)($1.10)$59.00 million$54.10 millionViewN/AView Earnings Details
2/18/2015Q414($0.60)$0.20$92.80 million$70.25 millionViewN/AView Earnings Details
11/4/2014Q214$0.60$0.30$92.10 million$86.50 millionViewN/AView Earnings Details
8/5/2014Q2$1.50$1.60$85.85 million$86.02 millionViewListenView Earnings Details
4/29/2014Q114$1.20$2.20$75.13 million$96.60 millionViewN/AView Earnings Details
2/20/2014Q4$1.40$4.50$69.27 million$72.10 millionViewListenView Earnings Details
11/5/2013Q313$1.60$1.20$64.50 million$63.00 millionViewN/AView Earnings Details
8/6/2013Q2 2013$1.30$1.40$56.46 million$55.40 millionViewN/AView Earnings Details
4/30/2013Q1 2013$1.10$1.00$47.50 million$47.50 millionViewN/AView Earnings Details
2/26/2013Q4 2012$0.90$1.10$42.62 million$45.10 millionViewN/AView Earnings Details
11/6/2012Q312$0.60$0.80$38.82 million$38.90 millionViewN/AView Earnings Details
8/7/2012$0.40$10.60ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Rex Energy (NASDAQ:REXX)
2017 EPS Consensus Estimate: ($1.15)
2018 EPS Consensus Estimate: ($2.56)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.33)($0.09)($0.15)
Q2 20174($1.07)($0.07)($0.40)
Q3 20174($0.81)($0.06)($0.33)
Q4 20173($0.67)($0.05)($0.27)
Q1 20181($0.47)($0.47)($0.47)
Q2 20181($0.66)($0.66)($0.66)
Q3 20181($0.76)($0.76)($0.76)
Q4 20181($0.67)($0.67)($0.67)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Rex Energy (NASDAQ:REXX)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Rex Energy (NASDAQ:REXX)
Insider Ownership Percentage: 11.37%
Institutional Ownership Percentage: 26.40%
Insider Trades by Quarter for Rex Energy (NASDAQ:REXX)
Institutional Ownership by Quarter for Rex Energy (NASDAQ:REXX)
Insider Trades by Quarter for Rex Energy (NASDAQ:REXX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/17/2017Thomas RajanCFOBuy5,000$4.00$20,000.00View SEC Filing  
8/31/2016Robert W OvitzCOOBuy10,000$0.58$5,800.00View SEC Filing  
8/25/2015Curtis J WalkerCAOBuy1,900$2.60$4,940.00View SEC Filing  
5/19/2015Eric L MattsonDirectorBuy10,000$5.22$52,200.00View SEC Filing  
5/13/2015Thomas RajanCFOBuy10,000$5.45$54,500.00View SEC Filing  
2/25/2015John J ZakDirectorBuy2,000$4.76$9,520.00View SEC Filing  
2/23/2015Todd N TiptonDirectorBuy5,000$4.75$23,750.00View SEC Filing  
2/20/2015Curtis J WalkerCAOBuy2,000$4.66$9,320.00View SEC Filing  
2/20/2015John A LombardiDirectorBuy1,000$4.85$4,850.00View SEC Filing  
11/28/2014John A LombardiDirectorBuy1,000$7.38$7,380.00View SEC Filing  
11/26/2014John A LombardiDirectorBuy1,000$8.64$8,640.00View SEC Filing  
11/25/2014Lance T ShanerDirectorBuy487,800$8.78$4,282,884.00View SEC Filing  
11/24/2014Curtis J WalkerCAOBuy1,000$8.27$8,270.00View SEC Filing  
11/11/2014John J ZakDirectorBuy1,000$7.69$7,690.00View SEC Filing  
11/7/2014Michael L HodgesCFOBuy2,500$7.51$18,775.00View SEC Filing  
11/7/2014Thomas Charles StableyCEOBuy5,000$7.46$37,300.00View SEC Filing  
8/26/2014Thomas Charles StableyCEOBuy3,000$15.39$46,170.00View SEC Filing  
8/21/2014Lance T ShanerDirectorBuy227,650$14.54$3,310,031.00View SEC Filing  
8/20/2014Todd N TiptonDirectorBuy2,000$14.21$28,420.00View SEC Filing  
5/13/2014Patrick MckinneyCOOSell18,526$20.00$370,520.00View SEC Filing  
5/9/2014Todd TiptonDirectorBuy1,500$19.44$29,160.00View SEC Filing  
8/20/2013John LombardiDirectorSell15,000$21.45$321,750.00View SEC Filing  
8/15/2013Lance ShanerDirectorSell2,500,000$20.24$50,600,000.00View SEC Filing  
8/9/2013Curtis WalkerCAOSell5,000$21.50$107,500.00View SEC Filing  
8/9/2013David PrattVPSell9,634$21.49$207,034.66View SEC Filing  
8/31/2012Michael L HodgesCFOBuy1,000$12.27$12,270.00View SEC Filing  
8/30/2012Thomas Charles StableyCEOBuy2,000$12.00$24,000.00View SEC Filing  
8/17/2012Michael L HodgesCFOBuy1,000$12.16$12,160.00View SEC Filing  
8/10/2012Lance T ShanerDirectorSell166,844$13.36$2,229,035.84View SEC Filing  
8/8/2012Lance T ShanerDirectorSell260,385$13.26$3,452,705.10View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Rex Energy (NASDAQ:REXX)
Latest Headlines for Rex Energy (NASDAQ:REXX)
Source:
DateHeadline
americanbankingnews.com logoAnalysts Offer Predictions for Rex Energy Co.'s Q2 2017 Earnings (REXX)
www.americanbankingnews.com - May 24 at 7:30 AM
americanbankingnews.com logoRex Energy Co. (REXX) CFO Thomas Rajan Buys 5,000 Shares
www.americanbankingnews.com - May 18 at 8:33 PM
americanbankingnews.com logoRex Energy Co. (REXX) Rating Increased to Hold at ValuEngine
www.americanbankingnews.com - May 16 at 3:27 PM
finance.yahoo.com logoETFs with exposure to Rex Energy Corp. : May 15, 2017
finance.yahoo.com - May 15 at 6:45 PM
americanbankingnews.com logoS&P Equity Research Increases Rex Energy Co. (REXX) Price Target to $4.71
www.americanbankingnews.com - May 15 at 4:28 PM
americanbankingnews.com logoRex Energy Co. (REXX) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 15 at 11:24 AM
finance.yahoo.com logoEdited Transcript of REXX earnings conference call or presentation 10-May-17 2:00pm GMT
finance.yahoo.com - May 12 at 9:04 PM
finance.yahoo.com logoRex Energy Corp. :REXX-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 12 at 9:04 PM
seekingalpha.com logoRex Energy's (REXX) CEO Tom Stabley on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 10 at 7:44 PM
finance.yahoo.com logoInvestor Network: Rex Energy Corporation to Host Earnings Call
finance.yahoo.com - May 10 at 11:16 AM
americanbankingnews.com logoZacks: Analysts Expect Rex Energy Co. (REXX) Will Announce Quarterly Sales of $46.79 Million
www.americanbankingnews.com - May 10 at 10:30 AM
americanbankingnews.com logoRex Energy Co. (REXX) Posts Quarterly Earnings Results, Meets Estimates
www.americanbankingnews.com - May 9 at 9:22 PM
finance.yahoo.com logoRex Energy Reports First Quarter 2017 Financial and Operational Results
finance.yahoo.com - May 9 at 7:02 PM
finance.yahoo.com logoRex Energy tops Street 1Q forecasts
finance.yahoo.com - May 9 at 7:02 PM
americanbankingnews.com logoZacks: Analysts Expect Rex Energy Co. (REXX) to Announce -$0.08 EPS
www.americanbankingnews.com - May 8 at 4:17 PM
bizjournals.com logoRex Energy plans reverse stock split this week
www.bizjournals.com - May 8 at 11:48 AM
seekingalpha.com logoNatural Gas Roars, See Rex Energy
seekingalpha.com - May 8 at 11:48 AM
americanbankingnews.com logoRex Energy Co. (REXX) Shares Scheduled to Reverse Split on Monday, May 15th
www.americanbankingnews.com - May 7 at 3:26 PM
streetinsider.com logoRex Energy (REXX) Plans 1-for-10 Reverse Stock Split
www.streetinsider.com - May 6 at 7:20 PM
streetinsider.com logoRex Energy (REXX) Plans 1-for-10 Reverse Stock Split - StreetInsider.com
www.streetinsider.com - May 5 at 7:47 PM
finance.yahoo.com logoRex Energy Announces One-For-Ten Reverse Stock Split
finance.yahoo.com - May 5 at 7:47 PM
bizjournals.com logoRex Energy shares up after securing financing
www.bizjournals.com - May 4 at 8:48 AM
finance.yahoo.com logoRex Energy Announces Updated Two-Year Financial and Operational Plan, Highlighted by an Increase to Expected Production Growth in 2018
finance.yahoo.com - May 4 at 8:48 AM
finance.yahoo.com logoRex Energy Changes Payment Method for Upcoming Dividend on Series A Preferred Shares
finance.yahoo.com - May 2 at 5:20 PM
finance.yahoo.com logoETFs with exposure to Rex Energy Corp. : May 2, 2017
finance.yahoo.com - May 2 at 5:20 PM
americanbankingnews.com logoSomewhat Favorable Press Coverage Very Likely to Impact Rex Energy (REXX) Stock Price
www.americanbankingnews.com - May 2 at 5:08 PM
americanbankingnews.com logoS&P Equity Research Trims Rex Energy Co. (REXX) Target Price to $0.40
www.americanbankingnews.com - May 1 at 7:34 PM
finance.yahoo.com logoRex Energy Announces Closing of New $300 Million First Lien Delayed Draw Term Loan with Group Led by Angelo, Gordon & Co.
finance.yahoo.com - May 1 at 10:18 AM
americanbankingnews.com logoRex Energy (REXX) Given Daily News Sentiment Rating of 0.19
www.americanbankingnews.com - April 29 at 12:00 PM
americanbankingnews.com logoRex Energy Co. (REXX) Short Interest Update
www.americanbankingnews.com - April 28 at 10:17 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Very Likely to Affect Rex Energy (REXX) Stock Price
www.americanbankingnews.com - April 26 at 9:40 PM
americanbankingnews.com logoCapital One Financial Corp. Weighs in on Rex Energy Co.'s Q1 2017 Earnings (REXX)
www.americanbankingnews.com - April 26 at 8:21 AM
americanbankingnews.com logoQ1 2017 Earnings Forecast for Rex Energy Co. Issued By SunTrust Banks (REXX)
www.americanbankingnews.com - April 26 at 8:21 AM
finance.yahoo.com logoRex Energy Announces Date of First Quarter 2017 Earnings Release
finance.yahoo.com - April 25 at 6:35 PM
finance.yahoo.com logoRex Energy Announces First Quarter Production and Estimated Price Realizations and Provides Operational Update
finance.yahoo.com - April 24 at 11:53 AM
americanbankingnews.com logoEquities Analysts Issue Forecasts for Rex Energy Co.'s FY2017 Earnings (REXX)
www.americanbankingnews.com - April 24 at 9:00 AM
americanbankingnews.com logoRex Energy (REXX) Earning Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 23 at 11:25 AM
finance.yahoo.com logoUS Natural Gas Price Forecasts for May 2017 and Beyond
finance.yahoo.com - April 21 at 7:18 PM
feeds.benzinga.com logoRex Energy Declares Dividend on Series A Preferred Depository Shares
feeds.benzinga.com - April 21 at 4:22 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Rex Energy Co. Lifted by Analyst (REXX)
www.americanbankingnews.com - April 21 at 9:30 AM
bizjournals.com logoOil and Gas Stocks Under Review -- Petroleo Brasileiro, Rowan, Bill Barrett, and Rex Energy
www.bizjournals.com - April 21 at 8:34 AM
americanbankingnews.com logoRex Energy (REXX) Earning Favorable Press Coverage, Report Shows
www.americanbankingnews.com - April 20 at 10:35 PM
finance.yahoo.com logoETFs with exposure to Rex Energy Corp. : April 19, 2017
finance.yahoo.com - April 19 at 7:29 PM
americanbankingnews.com logoRex Energy Co. (REXX) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 18 at 12:28 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Likely to Affect Rex Energy (REXX) Share Price
www.americanbankingnews.com - April 17 at 7:25 PM
americanbankingnews.com logoRex Energy Co. (REXX) Expected to Announce Earnings of -$0.09 Per Share
www.americanbankingnews.com - April 17 at 6:17 PM
americanbankingnews.com logoRex Energy (REXX) Receiving Somewhat Favorable News Coverage, Report Finds
www.americanbankingnews.com - April 13 at 3:54 PM
finance.yahoo.com logoETFs with exposure to Rex Energy Corp. : April 7, 2017
finance.yahoo.com - April 7 at 7:51 PM
americanbankingnews.com logoRex Energy Co. (REXX) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 23 at 11:50 AM
americanbankingnews.com logoKLR Group Boosts Rex Energy Co. (REXX) Price Target to $1.50
www.americanbankingnews.com - March 23 at 10:05 AM

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Rex Energy (REXX) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff