Rex Energy Posts Jump In Q1 Output
Rex Energy Corp (NASDAQ: REXX) reported a jump in its first-quarter production volumes.
Rex Energy's Q1 daily production rate surged 120% to average 60.7 million cubic feet equivalent per day. It projects to record Q1 charges of around $0.6 million.
Rex Energy shares closed at $9.37 on Friday.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.