News stories about Rex Energy (NASDAQ:REXX) have trended somewhat negative on Thursday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Rex Energy earned a daily sentiment score of -0.05 on Accern’s scale. Accern also assigned media coverage about the oil and gas exploration company an impact score of 45.691267860413 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Rex Energy (REXX) traded down $0.02 during trading hours on Thursday, hitting $1.67. 606,700 shares of the stock traded hands, compared to its average volume of 826,300. Rex Energy has a 12-month low of $1.25 and a 12-month high of $9.80. The company has a debt-to-equity ratio of -18.86, a quick ratio of 0.33 and a current ratio of 0.36. The stock has a market cap of $16.59, a PE ratio of -0.13 and a beta of 1.83.
Rex Energy (NASDAQ:REXX) last posted its earnings results on Tuesday, November 14th. The oil and gas exploration company reported ($1.00) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.18) by $0.18. Rex Energy had a negative net margin of 61.80% and a negative return on equity of 140.84%. The firm had revenue of $48.00 million during the quarter, compared to analysts’ expectations of $46.64 million. During the same period last year, the company posted ($0.14) EPS. The company’s quarterly revenue was up 41.2% compared to the same quarter last year. equities research analysts expect that Rex Energy will post -2.96 earnings per share for the current fiscal year.
Several equities research analysts have weighed in on the stock. SunTrust Banks set a $2.00 price target on shares of Rex Energy and gave the company a “hold” rating in a research report on Thursday, November 16th. Zacks Investment Research cut shares of Rex Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, September 26th. Royal Bank of Canada cut shares of Rex Energy from an “outperform” rating to a “sector perform” rating and dropped their price target for the company from $4.00 to $3.00 in a research report on Tuesday, October 3rd. KeyCorp reissued a “hold” rating on shares of Rex Energy in a research report on Monday, November 13th. Finally, Northland Securities set a $2.00 price target on shares of Rex Energy and gave the company a “hold” rating in a research report on Monday, December 11th. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. Rex Energy currently has an average rating of “Hold” and a consensus price target of $4.79.
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Rex Energy Company Profile
Rex Energy Corporation is an independent oil, natural gas liquid (NGL) and natural gas company. The Company has operations in the Appalachian Basin and Illinois Basin. In the Appalachian Basin, the Company is focused on its Marcellus Shale, Utica Shale and Upper Devonian (Burkett) Shale drilling and exploration activities.
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