Rex Energy Corporation · State College, PA United States · (NASDAQ (GM): REXX)
Company Description
More Companies in: State College, Pennsylvania
More Companies in These Related Industries: Oil & Gas Extraction
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This link will open in a new window Though it isn't exactly the T. Rex of the oil and gas industry, Rex Energy is taking a bite out of available hydrocarbon assets. The oil and gas exploration and production company has estimated proved reserves of 11 million barrels of oil equivalent, primarily from three regions: the Illinois Basin (in Illinois and Indiana) and the Appalachian Basin (Pennsylvania and West Virginia). The company's Lawrence Field ASP (alkaline-surfactant-polymer) Flood Project utilizes ASP technology, which washes residual oil from reservoir rock, thereby improving the existing waterflow's ability to sweep the residual oil and increasing ultimate oil recoveries. Lawrence Field is in Illinois. To read the full description, subscribe now.
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Key Rex Energy Corporation Financials
| Company Type | Public - NASDAQ (GM): REXX Headquarters |
| Fiscal Year-End | December |
| 2009 Employees | 163 |
Rex Energy Corporation Executives
16 executives listed for Rex Energy Corporation's State College, PA location.
| Title | Name & Bio | Contact |
| Chairman | Lance Shaner | |
| President, CEO, and Director | Benjamin Hulburt | |
| EVP and CFO | Thomas Stabley |
Competition
Competitive Landscape for Rex Energy Corporation
Demand is driven by US consumption of gas and diesel fuel. The profitability of refineries depends on efficient operations and the best mixture of products. Although there are significant economies of scale in refinery operations, a small refinery can compete effectively with large ones if it's located in a favorable market area, or if it produces specialty products that are in high demand. The industry is highly automated: average annual revenue per worker is over $7 million. To read the full description, subscribe now.Top Rex Energy Corporation Competitors
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