Rex Energy (REXX) Tops Q4 EPS by 23c, Offers Q1 & FY Guidance

March 15, 2016 4:12 PM EDT
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Rex Energy (NASDAQ: REXX) reported Q4 EPS of ($0.20), $0.23 better than the analyst estimate of ($0.43). Revenue for the quarter came in at $34.5 million versus the consensus estimate of $44.37 million.

First Quarter and Full Year 2016 Guidance

Rex Energy is providing its guidance for the first quarter of 2016 ($ in millions). For full year 2016, the company expects production growth of 5% - 10%.

1Q2016Full Year 2016
Production~ 200 MMcfe/d--
Lease Operating Expense$29.0 - $31.0 million--
Cash G&A$5.1 - $6.1 million--
Operational Capital Expenditures(1)--$15.0 - $40.0 million
(1) Land acquisition expense and capitalized interest are not included in the operational capital expenditures budget

For earnings history and earnings-related data on Rex Energy (REXX) click here.



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