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 27^th 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 10^th among its competitors.

1^st Quarter 2012 Financial Results:

Revenue:

Rex Energy Corporation (NASDAQ:REXX)  reported the revenue of $33.83 million for the quarter ended March 31^st, 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.

Balance Sheet:

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).