13 June 2008director interest notice● Neutral
REX ENERGY CORP director John A Lombardi received a stock option grant for 25,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
13 June 2008director interest notice● Neutral
REX ENERGY CORP director Lance T Shaner received a stock option grant for 25,000 shares.
13 June 2008director interest notice● Neutral
REX ENERGY CORP director John W Higbee received a stock option grant for 25,000 shares.
22 May 2008director interest notice● Neutral
REX ENERGY CORP Vice President & Ill Dist Man Bryan James Clayton received a stock option grant for 75,000 shares.
6 May 2008director interest notice● Neutral
REX ENERGY CORP VP & Illinois Basin Manager Jack S. Shawver sold 100,000 shares at $20.75.
6 May 2008director interest notice● Neutral
REX ENERGY CORP director Lance T Shaner sold 3,425,000 shares.
6 May 2008director interest notice● Neutral
REX ENERGY CORP CEO and President Benjamin Ward Hulburt sold 125,000 shares at $20.75.
6 May 2008director interest notice● Neutral
REX ENERGY CORP Exec. VP, Sec. and Gen. Coun. Christopher Kent Hulburt sold 125,000 shares at $20.75.
6 May 2008director interest notice● Neutral
REX ENERGY CORP VP and Appalachian Basin Man Michael Scott Carlson sold 100,000 shares at $20.75.
6 May 2008director interest notice● Neutral
REX ENERGY CORP Exec. VP and CFO Thomas Charles Stabley sold 125,000 shares at $20.75.
30 Apr 2008securities registration● Neutral
REX ENERGY CORP registered additional securities for an offering already underway.
30 Apr 2008securities registration● Neutral
REX ENERGY CORP filed the final prospectus for a registered offering.
30 Apr 2008material agreement● NeutralMajor
On April 30, 2008, Rex priced an underwritten public offering of 8.5 million shares at $20.75: 4.5 million sold by the company and 4.0 million by selling stockholders. The company expects about $87.0 million net (about $112.0 million if the 1.275 million-share over-allotment option is fully used), to fund 2008 capital spending including the Lawrence Field project in Illinois and Marcellus Shale leasing and drilling. This adds new shares for existing holders, and the company gets no money from the selling stockholders' shares.
21 Apr 2008securities registration● Neutral
REX ENERGY CORP amended a filing by which it registered a securities offering with the SEC.
18 Apr 2008material agreement▲ Good
On April 14, 2008, Rex amended its September 2007 KeyBank credit facility, raising the borrowing base from $75 million to $90 million. The amendment adds a 25 basis point fee on any future increase and allows more hedging of oil and gas production (up to 85% of expected output for the first 36 months, previously 75%).
7 Apr 2008securities registration● Neutral
REX ENERGY CORP registered a securities offering with the SEC.
3 Mar 2008director interest notice● Neutral
Thomas Francis Shields became a REX ENERGY CORP company insider (initial ownership filing).
21 Feb 2008director interest notice● Neutral
REX ENERGY CORP VP & Illinois Basin Manager Jack S. Shawver received a stock option grant for 18,000 shares.
21 Feb 2008director interest notice● Neutral
REX ENERGY CORP Exec. VP, Sec. and Gen. Coun. Christopher Kent Hulburt received a stock option grant for 20,500 shares.
21 Feb 2008director interest notice● Neutral
REX ENERGY CORP VP and Appalachian Basin Man Michael Scott Carlson received a stock option grant for 18,000 shares.
21 Feb 2008director interest notice● Neutral
REX ENERGY CORP Exec. VP and CFO Thomas Charles Stabley received a stock option grant for 20,500 shares.
21 Feb 2008director interest notice● Neutral
REX ENERGY CORP CEO and President Benjamin Ward Hulburt received a stock option grant for 32,500 shares.
1 Feb 2008substantial holder notice● Neutral
GOLDMAN SACHS ASSET MANAGEMENT, L.P. disclosed a new substantial REX ENERGY CORP shareholding (6.80% of votes).
11 Dec 2007material agreement● Neutral
The board adopted a pay plan for non-employee directors starting January 1, 2008: a $20,000 annual retainer, extra retainers for committee chairs, meeting fees, and a yearly option on 25,000 shares. The options vest in thirds over three years and are issued under the 2007 Long-Term Incentive Plan, so they could add to the share count over time (inference).
8 Nov 2007director interest notice● Neutral
REX ENERGY CORP Director of Accounting Matthew J Ford received a stock option grant for 50,000 shares.
8 Nov 2007director interest notice● Neutral
REX ENERGY CORP director Lance T Shaner received a stock option grant for 25,000 shares.
8 Nov 2007director interest notice● Neutral
REX ENERGY CORP director John A Lombardi received a stock option grant for 75,000 shares.
8 Nov 2007director interest notice● Neutral
REX ENERGY CORP Vice President - Land Admin Andrew Michael Joyner received a stock option grant for 30,000 shares.
8 Nov 2007director interest notice● Neutral
REX ENERGY CORP Sr. VP of Reservoir Eng. William Louis Ottaviani received a stock option grant for 50,000 shares.
8 Nov 2007director interest notice● Neutral
REX ENERGY CORP VP & Permian Basin Dist. Mgr. Joe Clement received a stock option grant for 75,000 shares.