rex energy
amid high leverage and loan defaults, rex energy (rexx) heads toward a restructuring agreement .
rex energy initiates sale process for all remaining assets, filing voluntary petitions under chapter 11 of the u. s. bankruptcy code
rex energy initiates sale process for all remaining assets, filing voluntary petitions under chapter 11 of the u. s. bankruptcy code
as rex energy continues to expand its operations and grow as an organization, we are currently recruiting for the new positions listed below .
rex energy corporation (nasdaq: rexx), an energy company based in united states, saw significant share price volatility over the past couple of months on the nasdaqcm, rising to the highs ofread more ...
rex energy is an independent energy company engaged in the acquisition, production, exploration and development of oil, natural gas and natural gas liquids. our strategy is focused on building shareholder value through increasing production and proved reserves within the appalachian and illinois regions .
energy recap: parsing the effects of the u. s. exiting the iran deal
rex energy' s success is the result of our seasoned and diversified employee base, which is comprised of expert personnel who use the latest technologies. our rapid growth is a result of challenging each employee to be innovative and creative. rex energy' s employees are rewarded for their hard work as well as the company' s overall successes .
rex energy corporation (nasdaq: rexx), a us $ 7. 15m small - cap, operates in the oil and gas industry which has seen an extended oil price slump since 2014. however, energy - sector analysts are forecasting forread more ...
if you want to work in a fast - paced environment that encourages teamwork and values people who put their ideas into action, we ask that you consider joining us at rex energy .
total s. a. (tot) signed a natural gas resources development deal with the government of oman, while rex energy corporation (rexx) confirmed filing for chapter 11 bankruptcy protection .
rex energy employees are offered a full suite of employee benefits that include medical, dental and vision coverage, health savings accounts, life and disability plans, and a 401 (k) plan .
categories: etfs yahoo financeclick here to see latest analysis etfs with exposure to rex energy corp. here are 5 etfs with the largest exposure to rexx - us. comparing the performance and risk of rex energy corp. with the etfs that have exposure to it gives us some etf choices that could give us similar returns with lower volatility. ticker... read more (read more... )
if you are looking to invest in rex energy corporation’s (nasdaq: rexx), or currently own the stock, then you need to understand its beta in order to understand how it canread more ...
leading rex energy corporation (nasdaq: rexx) as the ceo, tom stabley took the company to a valuation of $ 13. 81m. recognizing whether ceo incentives are aligned with shareholders is a crucial partread more ...
rex energy' s core operations is focused in one main area within the united states: the appalachian basin. in the appalachian basin, we are focused on natural gas and natural gas liquids production while targeting the marcellus, upper devonian burkett and ohio utica shales .
rex energy operating corp. provides equal employment opportunities (eeo) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. in addition to federal law requirements, rex energy operating corp. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. this policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training .
the state college, pa. - based natural - gas fracking company’s senior lenders, owed $ 261. 3 million, would take control of the business upon its emergence from bankruptcy if a sale process is unsuccessful, according to papers filed friday in the u. s. bankruptcy court in wilmington, del. as part of the deal, senior lenders’ existing debt will be “rolled up” and given top priority for repayment under the chapter 11 financing, court papers say the bankruptcy financing must be approved by a judge. proceeds from any sale of rex energy’s assets would be used to pay down its senior debt .
corp. said it expects to file for bankruptcy “imminently” after talks with lenders and bondholders on restructuring its balance sheet outside of court protection were unsuccessful. the state college, pa. - based natural - gas fracking company said in a regulatory filing this week it would seek chapter 11 protection after lenders, owed about $ 270 million, pulled the plug on restructuring talks and accelerated payment. rex also has more than $ 600 million in bond debt outstanding .
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corp. has reached a $ 50 million settlement with lenders over lost interest payments, paving the way for a chapter 11 restructuring of the natural - gas fracking business. in a court filing thursday, the state college, pa. - based company asked the u. s. bankruptcy court in pittsburgh to approve a settlement with a group of senior secured second - lien bondholders and first - lien lenders over what is known in financing circles as a “make - whole” amount. make - whole provisions are standard in sophisticated lending agreements, meant to compensate creditors who could see their profits reduced if a borrower finds cheaper debt and repays higher - interest borrowings earlier than expected .
corp. filed for bankruptcy protection friday and will sell its assets at a court - supervised auction. the state college, pa. - based natural - gas fracking company said it has reached a restructuring - support pact with 100% of its lenders, owed about $ 270 million, and 72% of its second - lien bondholders, owed more than $ 600 million. in all, the company listed assets and debts each of more than $ 1 billion, in papers filed in u. s. bankruptcy court in pittsburgh .
new jersey resources' (njr) adelphia gateway unit gears up to meet rising demand for natural gas, as it seeks permit for the operation of 84 mile gas pipeline in pennsylvania .
the widespread, record - breaking cold weather led to a record - high net withdrawal of 359 bcf from underground natural gas storage facilities for the week ending jan 5 .
eia' s weekly inventory release showing a smaller - than - expected decrease in supplies, together with forecasts for an end to the frigid cold snap, send u. s. natural gas futures sliding last week .
us dry natural gas production rose 0. 7% to 76. 8 bcf (billion cubic feet) per day on december 14–20, 2017, according to pointlogic .
u. s. natural gas futures plunged last week, as warm winter weather forecasts dampen demand and pressure prices that are already struggling due to strong output .
us dry natural gas production fell by 0. 5 bcf per day or 0. 7% to 76. 2 bcf per day on november 30–december 6, 2017, according to pointlogic .
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rex energy corporation nasdaq : rexx is an independent energy company engaged in the acquisition , production , exploration and development of oil and gas , with properties concentrated in the appalachian , illinois , and permian regions . the company pursues a balanced growth strategy of exploiting its sizeable inventory of lower risk developmental drilling locations , pursuing its higher potential exploration drilling prospects and actively seeking to acquire complementary oil and natural gas properties . 
rex energy corporation nasdaq: rexx is an independent energy company engaged in the acquisition, production, exploration and development of oil and gas, with properties concentrated in the appalachian, illinois, and permian regions. the company pursues a balanced growth strategy of exploiting its sizeable inventory of lower risk developmental drilling locations, pursuing its higher potential exploration drilling prospects and actively seeking to acquire complementary oil and natural gas properties.
rex energy corporation nasdaq: rexx is an independent energy company engaged in the acquisition, production, exploration and development of oil and gas, with properties concentrated in the appalachian, illinois, and permian regions. the company pursues a balanced growth strategy of exploiting its sizeable inventory of lower risk developmental drilling locations, pursuing its higher potential exploration drilling prospects and actively seeking to acquire complementary oil and natural gas properties.