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Blue Chip Growth

Stock Report: () Report Updated: Aug 29, 2016 | Print This Page

Get more stock ratings by Louis Navellier

(REXX)

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Company Profile

Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the United States. The company focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities in the Appalachian Basin, as well as on developmental oil drilling and the implementation of enhanced oil recovery on its properties in the Illinois Basins. As of December 31, 2014, it had estimated proved reserves of 1,336.8 billion cubic feet equivalent; and owned interests in approximately 1,902 oil and natural gas wells. Rex Energy Corporation was founded in 2007 and is headquartered in State College, Pennsylvania.