Rex Energy (REXX) Reports In-Line Q1 EPS
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Rex Energy Reports First Quarter 2017 Financial and Operational Results
May 9, 2017 4:01 PM EDTSTATE COLLEGE, Pa., May 09, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq: REXX) today announced its first quarter 2017 financial and operational results.
First Quarter Financial Results
Operating revenue from continuing operations for the three months ended March 31, 2017 was $52.1 million, which represents an increase of 103% as compared to the same period in 2016. Commodity revenues, including settlements from derivatives, were $48.6 million, an increase of 25% as compared to the same period in 2016. Commodity revenues from natural gas liquids (NGLs) and condensate, including settlements from derivatives, represented 38% of total commodity revenues... More
