Rex Energy Reports Third Quarter Operational and Financial Results
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Northland Capital Markets Downgrades REX Energy (REXX) to Market Perform
November 11, 2015 7:33 AM ESTNorthland Capital Markets downgraded REX Energy (NASDAQ: REXX) from Outperform to Market Perform with a price target of $2.75 (from $5.00).
For an analyst ratings summary and ratings history on REX Energy click here. For more ratings news on REX Energy click here.
Shares of REX Energy closed at $2.32 yesterday.
... MoreRex Energy (REXX) Tops Q3 EPS by 9c
November 9, 2015 4:05 PM ESTRex Energy (NASDAQ: REXX) reported Q3 EPS of ($0.26), $0.09 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $37.6 million versus the consensus estimate of $51.07 million.
Operational Update
Appalachian Basin Butler Operated Area
In the Butler Operated Area, the company drilled 9.0 gross (5.9 net) wells in the third quarter of 2015, with 10.0 gross (4.6 net) wells fracture... More
