5 Sept 2017director interest notice● Neutral
REX ENERGY CORP President and CEO Thomas Charles Stabley had 5,616 shares withheld for taxes on vesting stock.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Sept 2017director interest notice● Neutral
REX ENERGY CORP director John J Zak exercised stock options for 1,473 shares and disposed of 2,946 shares.
5 Sept 2017director interest notice● Neutral
REX ENERGY CORP Chief Operating Officer Robert W Ovitz had 1,416 shares withheld for taxes on vesting stock.
5 Sept 2017director interest notice● Neutral
REX ENERGY CORP SVP, General Counsel and Secr. Jennifer L Mcdonough had 1,542 shares withheld for taxes on vesting stock.
5 Sept 2017director interest notice● Neutral
REX ENERGY CORP director Lance T Shaner exercised stock options for 1,473 shares and disposed of 2,946 shares.
5 Sept 2017director interest notice● Neutral
REX ENERGY CORP director Eric L Mattson exercised stock options for 1,473 shares and disposed of 2,946 shares.
5 Sept 2017director interest notice● Neutral
REX ENERGY CORP Sr. VP, Land & Business Dev F Scott Hodges had 1,512 shares withheld for taxes on vesting stock.
9 Aug 2017quarterly activities report▼ Bad
REX ENERGY CORP reported quarterly revenue of $47.5 million and a net loss of $9.6 million for the period ended 2017-06-30.
8 Aug 2017quarterly activities report▼ Bad
REX ENERGY CORP reported quarterly revenue of $47.5 million and a net loss of $9.6 million for the period ended 2017-06-30.
5 June 2017director interest notice● Neutral
REX ENERGY CORP director Jack N Aydin exercised stock options for 160 shares and disposed of 320 shares.
18 May 2017director interest notice● Neutral
REX ENERGY CORP CFO Thomas Rajan bought 5,000 shares on the open market.
10 May 2017quarterly activities report● Neutral
REX ENERGY CORP reported quarterly revenue of $50.8 million and net income of $2.7 million for the period ended 2017-03-31.
9 May 2017quarterly activities report● Neutral
REX ENERGY CORP reported quarterly revenue of $50.8 million and net income of $2.7 million for the period ended 2017-03-31.
5 May 2017agm notice● Neutral
REX ENERGY CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
2 May 2017debt financing▼ BadMajor
On April 28, 2017 Rex replaced its bank revolver with a new $300M secured term loan from Angelo, Gordon and other lenders: a $143.5M term loan plus a $156.5M delayed-draw loan available until April 28, 2018. Interest is LIBOR (1% floor) plus 8.75%, much costlier than a bank revolver. It matures April 28, 2021, or earlier, six months before the 2020 second-lien notes mature, unless under $25M of them remain. Early repayment carries penalties, with 3.0% call protection for 30 months, and Rex must prepay from asset sales, equity issuances and excess cash flow. It also faces covenants on senior secured debt to EBITDAX, PDP coverage and interest coverage. The loan is secured on substantially all of Rex's assets and guaranteed by its subsidiaries. This supersedes the revolver and its $190M borrowing base.
24 Apr 2017quarterly activities report● Neutral
REX ENERGY CORP reported quarterly revenue of $50.8 million and net income of $2.7 million for the period ended 2017-03-31.
17 Mar 2017director interest notice● Neutral
REX ENERGY CORP CFO Thomas Rajan received 115,875 shares as part of the equity award.
17 Mar 2017director interest notice● Neutral
REX ENERGY CORP Chief Accounting Officer Curtis J Walker received 50,500 shares as part of the equity award.
17 Mar 2017director interest notice● Neutral
REX ENERGY CORP director Lance T Shaner exercised stock options for 679 shares and disposed of 1,358 shares.
17 Mar 2017director interest notice● Neutral
REX ENERGY CORP Chief Operating Officer Robert W Ovitz received 115,875 shares as part of the equity award.
17 Mar 2017director interest notice● Neutral
REX ENERGY CORP Sr. VP, Exploration Manager David E Pratt received 11,625 shares as part of the equity award.
17 Mar 2017director interest notice● Neutral
REX ENERGY CORP Sr. VP, Land & Business Dev F Scott Hodges received 86,875 shares as part of the equity award.
17 Mar 2017director interest notice● Neutral
REX ENERGY CORP President and CEO Thomas Charles Stabley received 275,125 shares as part of the equity award.
17 Mar 2017director interest notice● Neutral
REX ENERGY CORP SVP, General Counsel and Secr. Jennifer L Mcdonough received 86,875 shares as part of the equity award.
3 Mar 2017director interest notice● Neutral
REX ENERGY CORP SVP, General Counsel and Secr. Jennifer L Mcdonough had 14,832 shares withheld for taxes on vesting stock.
3 Mar 2017director interest notice● Neutral
REX ENERGY CORP Chief Accounting Officer Curtis J Walker had 7,947 shares withheld for taxes on vesting stock.
3 Mar 2017director interest notice● Neutral
REX ENERGY CORP Chief Operating Officer Robert W Ovitz had 18,161 shares withheld for taxes on vesting stock.
3 Mar 2017director interest notice● Neutral
REX ENERGY CORP President and CEO Thomas Charles Stabley had 54,814 shares withheld for taxes on vesting stock.
3 Mar 2017director interest notice● Neutral
REX ENERGY CORP Sr. VP, Exploration Manager David E Pratt had 2,072 shares withheld for taxes on vesting stock.
3 Mar 2017director interest notice● Neutral
REX ENERGY CORP CFO Thomas Rajan had 12,768 shares withheld for taxes on vesting stock.