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Rex Energy Corp (REXX.OQ)

REXX.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

Rex Energy not in compliance with continued listing requirements
Wednesday, 22 Nov 2017 05:27pm EST 

Nov 22 (Reuters) - Rex Energy Corp ::Rex Energy Corp says ‍on Nov 16 co received letter from Nasdaq stating that co was not in compliance with continued listing requirements - SEC filing.Rex Energy Corp - ‍notice has no immediate effect on listing or trading of company's common stock​.Rex Energy - currently evaluating options to regain compliance with listing requirements & intends to provide Nasdaq with plan before Jan 2, 2018​.  Full Article

Rex Energy Q3 adjusted non-gaap loss per share $1.00
Tuesday, 14 Nov 2017 04:01pm EST 

Nov 14 (Reuters) - Rex Energy Corp ::Rex Energy Corp - ‍production volumes from Q3 of 2017 were 182.0 mmcfe/d, including 38% from liquids​.Rex Energy Corp - ‍maintaining its full-year 2017 guidance​.Rex Energy Corp - ‍Q4 2017 production expected to increase 10% sequentially, at midpoint of guidance​.Q3 adjusted non-gaap loss per share $1.00.Rex Energy Corp qtrly ‍basic loss per share $4.76.Rex Energy Corp - qtrly ‍total operating revenue $48.0 million versus $34.0 million.Q3 earnings per share view $-1.10, revenue view $46.5 million -- Thomson Reuters I/B/E/S.  Full Article

Rex Energy expects Q3 2017 production to be near high end of previously announced Q3 production guidance​
Wednesday, 11 Oct 2017 07:30am EDT 

Oct 11 (Reuters) - Rex Energy Corp ::Rex Energy Corp - expects Q3 2017 production to be near high end of previously announced Q3 production guidance of 171.0 - 181.0 MMcfe per day​.  Full Article

Rex Energy provides Moraine East Area operations update
Monday, 18 Sep 2017 04:01pm EDT 

Sept 18 (Reuters) - Rex Energy Corp :Rex Energy provides Moraine East Area operations update.Rex energy - ‍Remains on target to meet Q3 production guidance of 171.0 - 181.0 Mcfe/d,FY 2017 exit rate production growth rate guidance of 15% - 20%​.  Full Article

Rex Energy - Qtrly loss per share from continuing operations $1.03​
Tuesday, 8 Aug 2017 04:01pm EDT 

Aug 8 (Reuters) - Rex Energy Corp :Rex Energy - qtrly ‍operating revenue from continuing operations $47.5 million, an increase of 52%; qtrly loss per share from continuing operations $1.03​.Rex Energy - sees Q3 production 171.0-181.0 mmcfe/d; sees FY2017 production 180.0-190.0 mmcfe/d; sees FY 2018 production 255.0-265.0 mmcfe/d.  Full Article

Rex Energy says to reduce authorized number of shares to 100 mln
Monday, 15 May 2017 08:26am EDT 

May 15 (Reuters) - Rex Energy Corp :Rex Energy - on May 12, 2017 , co filed a certificate of amendment to certificate of incorporation of Rex Energy Corporation with secretary of state of state of delaware.Rex Energy - amend certificate of incorporation to effectuate a previously announced one-for-ten reverse stock split of company's common stock - SEC filing.Rex Energy - amend its certificate of incorporation to reduce authorized number of shares of company's common stock from 200 million to 100 million.  Full Article

Rex Energy reports qtrly adjusted net loss of $0.06 per share
Tuesday, 9 May 2017 04:01pm EDT 

May 9 (Reuters) - Rex Energy Corp :Rex Energy Corp says adjusted net loss for three months ended March 31, 2017 was $5.5 million, or $0.06 per share.Rex Energy Corp says Q1 2017 production volumes from continuing operations were 173.4 mmcfe/d.Rex Energy -operating revenue from continuing operations for three months ended March 31, 2017 was $52.1 million, which represents an increase of 103% from last year.Rex Energy Corp - qtrly earnings per share from continuing operations $ 0.02.Rex Energy Corp says qtrly total operating revenue $52.1 million versus. $25.7 million last year.Q1 earnings per share view $-0.06, revenue view $47.4 million -- Thomson Reuters I/B/E/S.Rex Energy Corp sees Q2 production 179.0 - 184.0 mmcfe/d.Rex Energy Corp sees 2017 production 194.0 - 204.0 mmcfe/d.Rex Energy Corp says expects four-well baird pad in Moraine East to be placed into sales on June 1, 2017.Rex Energy -expects natural gas basis differentials, including effects of basis hedges, to be in range of $0.25 - $0.35 off of Nymex for Q2 of 2017.  Full Article

Rex Energy expects 31pct - 36pct year-over-year production growth
Thursday, 4 May 2017 07:30am EDT 

May 4 (Reuters) - Rex Energy Corp : :Rex energy announces updated two-year financial and operational plan, highlighted by an increase to expected production growth in 2018.Expect 31pct - 36pct year-over-year production growth in 2018.Sees 2017 exit rate production growth (Dec. 2017 versus. Dec. 2016) of 15pct - 20pct.Targeting two-year compounded annual production growth rate of 15pct - 20pct by 2018.Sees exit rate production growth for 2018 of 10pct - 15pct (Dec. 2018 versus. Dec. 2017).Rex Energy's net operational capital expenditures for 2017 are expected to be in range of $115.0 - $130.0 million.Estimates for average daily production remain in range of 194.0 - 204.0 MMCFE/D for FY 2017.Full-Year 2018 net operational capital expenditures are expected to be in range of $65.0 - $80.0 million.For full-year 2018, Rex Energy estimates that average daily production will be in range of 255.0 - 265.0 MMCFE/D.Production growth in 2017 and 2018 to result in about $8.0 million - $9.0 million reduction in unutilized processing capacity fees.  Full Article

Rex Energy reports Q1 production was 173.4 MMCFE/D
Monday, 24 Apr 2017 07:30am EDT 

April 24 (Reuters) - Rex Energy Corp :Q1 production was 173.4 MMCFE/D, consisting of 110.1 MMCF/D of natural gas, 9.7 MBOE/D of NGLS, 0.8 MBOE/D of condensate.During Q1 of 2017, realized natural gas prices, before effects of hedging, improved approximately 42 pct as compared to Q4 2016.Continues to expect full-year 2017 realized C3+ NGL prices to average approximately 50 pct - 55 pct of WTI.Four Wells on Wilson Pad are expected to be placed into sales in Q3 of 2017.Expect to see "substantial production growth" in back half of 2017.  Full Article

Rex Energy sees FY 2017 net operational CapEx $70-$80 mln
Tuesday, 7 Mar 2017 04:01pm EST 

Rex Energy Corp : Production from continuing operations for Q4 of 2016 was 194.9 mmcfe/d, a 12% year-over-year increase . Rex Energy Corp - operating revenue from continuing operations for 3 months ended dec 31, 2016 was $48.0 million, represents increase of 75% . Rex Energy - operating revenue from continuing operations for three months ended Dec 31, 2016 was $48.0 million, which represents an increase of 75% . Sees Q1 2017 production 173.0 - 175.0 mmcfe/d . Sees FY 2017 production 194.0 - 204.0 mmcfe/d .Sees FY 2017 net operational capital expenditures $70.0 - $80.0 million.  Full Article

BRIEF-Rex Energy Q3 adjusted non-gaap loss per share $1.00

* Rex Energy Corp - ‍production volumes from Q3 of 2017 were 182.0 mmcfe/d, including 38% from liquids​