Rex Energy Corporation Company Profile (NASDAQ:REXX)

About Rex Energy Corporation (NASDAQ:REXX)

Rex Energy Corporation 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 Exploration and Production
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NASDAQ:REXX
  • CUSIP: 76156510
  • Web: www.rexenergycorp.com
Capitalization:
  • Market Cap: $18.08 million
  • Outstanding Shares: 9,667,000
Average Prices:
  • 50 Day Moving Avg: $2.33
  • 200 Day Moving Avg: $2.27
  • 52 Week Range: $1.84 - $9.80
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.59
  • P/E Growth: -0.05
Sales & Book Value:
  • Annual Revenue: $181.6 million
  • Price / Sales: 0.10
  • Book Value: $0.38 per share
  • Price / Book: 4.92
Profitability:
  • EBITDA: $58.24 million
  • Net Margins: -37.94%
  • Return on Equity: -140.84%
  • Return on Assets: -4.04%
Debt:
  • Debt-to-Equity Ratio: 213.77%
  • Current Ratio: 0.53%
  • Quick Ratio: 0.51%
Misc:
  • Average Volume: 98,792 shs.
  • Beta: 1.84
  • Short Ratio: 10.62
 

Frequently Asked Questions for Rex Energy Corporation (NASDAQ:REXX)

What is Rex Energy Corporation's stock symbol?

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

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

Rex Energy Corporation'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 Corporation stock prior to the reverse split would have 10 shares after the split.

How were Rex Energy Corporation's earnings last quarter?

Rex Energy Corporation (NASDAQ:REXX) announced its earnings results on Tuesday, August, 8th. The company reported ($0.98) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.02) by $0.04. The firm had revenue of $47.50 million for the quarter, compared to the consensus estimate of $48.49 million. Rex Energy Corporation had a negative return on equity of 140.84% and a negative net margin of 37.94%. The company's revenue was up 51.8% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.07) EPS. View Rex Energy Corporation's Earnings History.

When will Rex Energy Corporation make its next earnings announcement?

Rex Energy Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, November, 14th 2017. View Earnings Estimates for Rex Energy Corporation.

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

3 brokers have issued 12 month price objectives for Rex Energy Corporation's shares. Their predictions range from $3.00 to $15.00. On average, they anticipate Rex Energy Corporation's stock price to reach $6.68 in the next twelve months. View Analyst Ratings for Rex Energy Corporation.

What are analysts saying about Rex Energy Corporation stock?

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

  • 1. 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. " (10/11/2017)
  • 2. 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)

Who are some of Rex Energy Corporation's key competitors?

Who are Rex Energy Corporation's key executives?

Rex Energy Corporation's management team includes the folowing people:

  • Lance T. Shaner, Chairman of the Board
  • Thomas Charles Stabley, President, Chief Executive Officer, Director
  • Thomas Rajan, Chief Financial Officer
  • Robert W. Ovitz, Chief Operating Officer
  • Frederick Scott Hodges, Senior Vice President - Land and Business Development
  • David E. Pratt, Senior Vice President, Exploration Manager
  • Curtis J. Walker, Chief Accounting Officer
  • Jack N. Aydin, Independent Director
  • John W. Higbee, Independent Director
  • John A. Lombardi, Independent Director

How do I buy Rex Energy Corporation stock?

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

What is Rex Energy Corporation's stock price today?

One share of Rex Energy Corporation stock can currently be purchased for approximately $1.87.


MarketBeat Community Rating for Rex Energy Corporation (NASDAQ REXX)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  246 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  497
MarketBeat's community ratings are surveys of what our community members think about Rex Energy Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Rex Energy Corporation (NASDAQ:REXX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $6.68 (257.09% upside)
Consensus Price Target History for Rex Energy Corporation (NASDAQ:REXX)
Price Target History for Rex Energy Corporation (NASDAQ:REXX)
Analysts' Ratings History for Rex Energy Corporation (NASDAQ:REXX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/3/2017Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$4.00 -> $3.00LowView Rating Details
8/21/2017Northland SecuritiesSet Price TargetHold$4.00MediumView 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
9/29/2016Stifel NicolausUpgradeSell -> Hold$5.00 -> $5.20N/AView Rating Details
6/20/2016Wells Fargo & CompanyReiterated 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
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Rex Energy Corporation (NASDAQ:REXX)
Earnings by Quarter for Rex Energy Corporation (NASDAQ:REXX)
Earnings History by Quarter for Rex Energy Corporation (NASDAQ REXX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017($1.16)N/AView Earnings Details
8/8/2017Q2 2017($1.02)($0.98)$48.49 million$47.50 millionViewListenView Earnings Details
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 Corporation (NASDAQ:REXX)
2017 EPS Consensus Estimate: ($2.34)
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)($0.58)
Q3 20174($1.49)($0.34)($0.93)
Q4 20173($0.71)($0.63)($0.67)
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 Corporation (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 Corporation (NASDAQ:REXX)
Insider Ownership Percentage: 7.85%
Institutional Ownership Percentage: 14.72%
Insider Trades by Quarter for Rex Energy Corporation (NASDAQ:REXX)
Institutional Ownership by Quarter for Rex Energy Corporation (NASDAQ:REXX)
Insider Trades by Quarter for Rex Energy Corporation (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

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Chart

Rex Energy Corporation (REXX) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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