Rex Energy (REXX) Tops Q1 EPS by 13c
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Rex Energy Reports First Quarter Operational and Financial Results
May 10, 2016 4:02 PM EDTClosed joint development agreement with Benefit Street PartnersExchanged $633 million of Senior Unsecured Notes into 2nd Lien NotesExchanged $27 million of senior unsecured notes and $13.8 million in face value of preferred stock for common stock in April 2016Increased production by 7% compared to 4Q15 to 200.0 MMcfe/dReduced cash G&A/Mcfe to $0.33/Mcfe, a 12% decrease over 1Q15
STATE COLLEGE, Pa., May 10, 2016 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq: REXX) announced its first quarter 2016 operational and financial results.
First Quarter Financial Results
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