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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 

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 

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 

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 update on Moraine East joint development agreement
Tuesday, 21 Jun 2016 

Rex Energy Corp : Rex Energy provides update on Moraine East joint development agreement and Appalachian Basin operations . With additional capital commitment from BSP, co expects full year 2016 net operational capital expenditures to be approximately $35.5 million for Moraine East area . Continues to focus on cost control measures and anticipates that it will be able to achieve further cost reductions and efficiencies in 2016 .Liquidity will enable Rex Energy to continue plan to hold majority of Appalachian Basin acreage by production by mid-year 2017.  Full Article

Rex energy announces senior secured second lien notes exchange offer
Wednesday, 1 Jun 2016 

Rex Energy Corp : Rex energy announces 1.00%/8.00% senior secured second lien notes exchange offer .Commenced offer to exchange up to $631.4 million aggregate principal amount of its 1.00%/8.00% senior secured second lien notes due 2020.  Full Article

Rex Energy Q1 adjusted net loss $0.27 per share
Tuesday, 10 May 2016 

Rex Energy Corp : Q1 2016 production volumes were approximately 200.0 MMCFE/D, an increase of 2% over Q1 of 2015 . For full year 2016, company continues to expect production growth of 5% - 10% . operating revenues from continuing operations for quarter were $30.5 million, which represents a decrease of 44% as compared to same period in 2015 . Qtrly adjusted net loss for three months ended march 31, 2016 was $15.4 million, or $0.27 per share .Qtrly net loss attributable to common shareholders was $62.2 million, or $1.11 per basic share.  Full Article

Rex Energy Corp announces $175 Million Joint Exploration and Development Agreement
Tuesday, 1 Mar 2016 

Rex Energy Corp:$175 million joint exploration and development agreement in moraine east and warrior north operated areas.Agreement with affiliate of benefit street partners to jointly develop 58 wells in moraine east and warrior north operated areas.Benefit street partners has committed to fund 15% of first 16 wells in moraine east and 65% of six wells in warrior north.  Full Article

BRIEF-Rex Energy not in compliance with continued listing requirements

* 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