Rex Energy Corporation (REXX) Shares are Down -4.76%

Rex Energy Corporation (REXX) : During the past 4 weeks, traders have been relatively bearish on Rex Energy Corporation (REXX), hence the stock is down -12.67% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.81% relative to the S&P 500. The 4-week change in the price of the stock is -11.77% and the stock has fallen -4.76% in the past 1 week.

The stock has recorded a 20-day Moving Average of 9.52% and the 50-Day Moving Average is 18.92%. Rex Energy Corporation (NASDAQ:REXX): stock turned positive on Friday. Though the stock opened at $0.57, the bulls momentum made the stock top out at $0.5824 level for the day. The stock recorded a low of $0.5599 and closed the trading day at $0.57, in the green by 1.64%. The total traded volume for the day was 1,193,266. The stock had closed at $0.5608 in the previous days trading.


The company Insiders own 11.37% of Rex Energy Corporation shares according to the proxy statements. Institutional Investors own 44.13% of Rex Energy Corporation shares.

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. In the Illinois Basin, the Company is focused on its developmental oil drilling and the implementation of enhanced oil recovery (EOR) on its properties. In addition to its drilling and exploration activities, the Company is also engaged in oil and gas field services, where the Company provides water sourcing, water disposal and water transfer solutions for completion operations. The Company operates in two business segments: exploration and production and field services. Its core leasehold consists of interests in developed and undeveloped crude oil, NGL and natural gas resources located in the Appalachian and Illinois basins.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.