Rex Energy Corporation · State College, PA United States ·(NASDAQ (GM): REXX)
Company Description
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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 |
| 2008 Sales (mil.) | $68.0 |
| 2008 Employees | 147 |
Rex Energy Corporation Executives
18 executives listed for Rex Energy Corporation's State College, PA location.
| Title | Name & Bio | Contact |
| Chairman | Lance Shaner | Network |
| President, CEO, and Director | Benjamin Hulburt | Network |
| EVP and CFO | Thomas Stabley | Network |
Competition
Competitive Landscape for Rex Energy Corporation
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Rex Energy Corporation Competitors
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