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

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Rex Energy Reports Fourth Quarter and Full Year 2015 Operational and Financial Results

March 15, 2016 4:01 PM EDT

STATE COLLEGE, Pa., March 15, 2016 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq: REXX) announced its fourth quarter and full year 2015 operational and financial results.

Fourth Quarter Financial Results

Operating revenues from continuing operations for the three months ended December 31, 2015 were $34.5 million, which represents a decrease of 51% as compared to the same period in 2014. Commodity revenues, including settlements from derivatives, were $50.2 million, a decrease of 38% as compared to the comparable period in 2014. Commodity revenues from oil and natural gas liquids (NGLs), including settlements from derivatives, represented 51% of total... More