Rex Energy Corp.

STATE COLLEGE, Pa., July 20, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) today announced that the Board of Directors of Rex Energy Corp. has declared a quarterly cash dividend of $150.00 per share of its 6.0% Series A convertible perpetual preferred stock (equivalent to $1.50 per depository share, each representing a 1/100th interest in [...]

The two Marcellus wells produced at an average 24-hour sales rate per well of 12.1 MMcfe/d with 57% liquids production Baird 4H (Marcellus) produced 213 bbls per day of condensate, the highest rate to date in the Butler Operated Area Average 24-hour sales rate per well of 10.1 MMcfe/d; 56% liquids STATE COLLEGE, Pa., June 12, 2017 (GLOBE NEWSWIRE [...]

STATE COLLEGE, Pa., June 06, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) today announced that it has regained full compliance with the continued listing requirements for The Nasdaq Capital Market. On May 30 2017, Rex Energy received notice from the Nasdaq Listing Qualifications department stating that because the company’s closing [...]

STATE COLLEGE, Pa., May 09, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corp. (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 [...]

STATE COLLEGE, Pa., May 05, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corp. (NASDAQ:REXX) today announced a one-for-ten reverse stock split of its common stock. The company’s stockholders granted authority to the company’s Board of Directors to effect this reverse stock split at the company’s annual meeting of stockholders on May 5 [...]

STATE COLLEGE, Pa., May 04, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) (“the company”) today announced, in conjunction with the previously announced closing of its $300 million term loan, an updated two-year financial and operational plan. Highlights of Updated Two-Year Plan: Net Debt-to-EBITDAX reduction of ~55% - 65% by [...]

STATE COLLEGE, Pa., May 02, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) today announced that it has changed the form of payment for the previously announced quarterly dividend on its Series A convertible perpetual preferred stock (“Series A Preferred Stock”). Previously, on April 21, 2017, the company announced the [...]

STATE COLLEGE, Pa., May 01, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) (“Rex Energy”) today announced that it has closed an agreement with a lending group led by Angelo, Gordon & Co. (“Angelo Gordon”) for a new $300 million first lien delayed draw term loan (“term loan”) bearing interest of LIBOR [...]

STATE COLLEGE, Pa., April 25, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) today announced plans to release first quarter 2017 financial and operational results on Tuesday, May 9, 2017 after market close. Management will host a live conference call and webcast on Wednesday, May 10, 2017 at 10 a.m. ET to review first quarter 2017 [...]

Realized natural gas prices improved 42%, before hedging, as compared to the fourth quarter of 2016 Realized C3+ NGL pricing for first quarter of 2017 was 59% of WTI before hedging Completed drilling four-well Mackrell pad with average lateral length of 7,600 feet STATE COLLEGE, Pa., April 24, 2017 (GLOBE NEWSWIRE) -- [...]