Here’s how analysts see Rex Energy Corporation (NASDAQ:REXX) after this past week.

December 26, 2017 - By Michael Collier

 Here's how analysts see Rex Energy Corporation (NASDAQ:REXX) after this past week.

Rex Energy Corporation (NASDAQ:REXX) Ratings Coverage

Among 9 analysts covering Rex Energy (NASDAQ:REXX), 0 have Buy rating, 1 Sell and 8 Hold. Therefore 0 are positive. Rex Energy had 29 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, January 19 by KLR Group. Northland Capital maintained it with “Hold” rating and $400 target in Monday, July 17 report. The company was maintained on Thursday, July 30 by Northland Capital. The firm earned “Hold” rating on Thursday, September 29 by Stifel Nicolaus. The rating was maintained by KeyBanc Capital Markets on Monday, November 13 with “Hold”. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Tuesday, October 3 report. RBC Capital Markets maintained Rex Energy Corporation (NASDAQ:REXX) on Thursday, August 24 with “Buy” rating. On Thursday, November 9 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock has “Hold” rating by Northland Capital on Monday, August 21. The firm has “Hold” rating given on Monday, September 25 by Northland Capital. Below is a list of Rex Energy Corporation (NASDAQ:REXX) latest ratings and price target changes.

11/12/2017 Broker: Northland Capital Rating: Hold New Target: $2.0 Maintain
16/11/2017 Broker: SunTrust Rating: Hold New Target: $2.0 Maintain
13/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
09/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $3.0 Maintain
03/10/2017 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Sector Perform Downgrade
28/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $4.0 Maintain
25/09/2017 Broker: Northland Capital Rating: Hold New Target: $4.0 Maintain
05/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
24/08/2017 Broker: RBC Capital Markets Rating: Buy New Target: $4.0 Maintain
21/08/2017 Broker: Northland Capital Rating: Hold New Target: $4.0 Maintain

The stock decreased 2.61% or $0.04 during the last trading session, reaching $1.49. About 69,237 shares traded. Rex Energy Corporation (NASDAQ:REXX) has declined 36.38% since December 26, 2016 and is downtrending. It has underperformed by 53.08% the S&P500.

Rex Energy Corporation operates as an independent condensate, natural gas liquid , and natural gas firm in the Appalachian basin in the United States. The company has market cap of $14.80 million. It focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities. It currently has negative earnings. As of December 31, 2016, the firm had estimated proved reserves of 647.8 billion cubic feet equivalent; and owned interests in approximately 559.0 condensate, NGL, and natural gas wells.

More notable recent Rex Energy Corporation (NASDAQ:REXX) news were published by: Seekingalpha.com which released: “Rex Energy’s (REXX) CEO Tom Stabley on Q1 2017 Results – Earnings Call Transcript” on May 10, 2017, also Seekingalpha.com with their article: “Rex Energy’s (REXX) CEO Tom Stabley on Q3 2017 Results – Earnings Call Transcript” published on November 15, 2017, Globenewswire.com published: “Rex Energy Announces Two-Year Financial and Operational Plan and Provides …” on January 17, 2017. More interesting news about Rex Energy Corporation (NASDAQ:REXX) were released by: Nasdaq.com and their article: “The Zacks Analyst Blog Highlights: Rex Energy, Southwestern Energy, Cabot Oil …” published on December 19, 2017 as well as Globenewswire.com‘s news article titled: “Rex Energy Announces Results of Four-Well Baird Pad in Moraine East Area” with publication date: June 12, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: