Rex Energy (REXX) Tops Q1 EPS by 13c
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Rex Energy (NASDAQ: REXX) reported Q1 EPS of ($0.24), $0.13 better than the analyst estimate of ($0.37). Revenue for the quarter came in at $30.5 million versus the consensus estimate of $42.43 million.
Second Quarter and Full Year 2016 Guidance
Rex Energy is providing its guidance for the second quarter of 2016 ($ in millions). For full year 2016, the company continues to expect production growth of 5% - 10%.
| 2Q2016 | Full Year 2016 | |
| Production | 203.0 – 207.0 MMcfe/d | -- |
| Lease Operating Expense | $29.0 - $31.0 million | -- |
| Cash G&A | $4.0 - $5.0 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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