Rex Energy Corporation (REXX) Tops Q3 EPS by 2c

Go back to Rex Energy Corporation (REXX) Tops Q3 EPS by 2c

Global Hunter Securities Downgrades REX Energy (REXX) to Accumulate after In-Line Q3

November 8, 2012 9:09 AM EST

Global Hunter Securities downgraded REX Energy (NASDAQ: REXX) from Buy to Accumulate with a price target of $15.00 posts Q3 results.

The firm comments, "Rex generally posted Q3'12 results that were within our expectations as production of 71.1 MMcfepd, EPS of $0.08, and CFPS of $0.32... More