Rex Energy Corporation (NASDAQ:REXX) Investors Are Selling After Earnings
Experts Expectations vs Actual:
The company fell short of the Experts estimate of 7 cents per share. REXX fell short of the average revenue estimate of $35.3 million.
Rex Energy Corporation vs Industry Leaders:
The company maintains the ranked 27th among 209 Oil & Gas Drilling & Exploration Companies by PEG ratio. The company maintains the PEG of 1.07 percent. The company maintains the long term growth rate ranks it 10th among its competitors.
1st Quarter 2012 Financial Results:
Rex Energy Corporation (NASDAQ:REXX) reported the revenue of $33.83 million for the quarter ended March 31st, 2012 as compared to revenue of 23.15 million for the same period last year.
Net Income 2012 vs Net Income 2011:
Rex Energy Corporation (NASDAQ:REXX) reported the net loss of $1.63 million or earnings of $0.11 per share for the respective quarter as compared to net loss of $7.50 million or loss of $0.07 per share last year.
The company’s total assets accumulate up to $645.30 million with highest proportion of current assets in its composition. The company maintains short term liquidity position as per its current ratio of 0.94 times. Its total liabilities stand at $284.08 million as compared to its total equity of 361.22 million.
Rex Energy Corporation’s Competitors:
Atlas Energy, Inc. (NASDAQ:ATLS), NGAS Resources, Inc. (NASDAQ:NGAS), BreitBurn Energy Partners L.P. (NASDAQ:BBEP), Range Resources Corp. (NYSE:RRC), EV Energy Partners, L.P. (NASDAQ:EVEP), Vanguard Natural Resources, LLC (NYSE:VNR), New Concept Energy, Inc. (AMEX:GBR), Magnum Hunter Resources Corp (NYSE:MHR), Linn Energy, LLC (NASDAQ:LINE), and Approach Resources Inc. (NASDAQ:AREX).
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