Rex Energy (REXX) Tops Q2 EPS by 2c
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Rex Energy Reports Second Quarter 2017 Financial and Operational Results
August 8, 2017 4:01 PM EDTNew BP Energy Company marketing arrangement enhances C3+ pricing structure and stabilizes cash flows on a quarter-to-quarter basisNew marketing arrangement allows Rex to reduce outstanding letters of credit by $14.1 million, creating additional liquiditySale of water line in Warrior North adds ~$8.0 million of liquidity2017 and 2018 natural gas hedged basis differentials now expected to be ($0.35) ($0.45)Twelve Moraine East wells scheduled to be placed into sales in third quarter 2017
                                                                                                                          STATE COLLEGE, Pa., Aug. 08, 2017 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq: REXX) today announced its second quarter 2017 financial and operational results.
Financial Update
Marketing Agreement with BP... More
