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Rex Energy

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uuid003cif2

Namestring
Rex Energy
Websiteurl
rexenergy.com
Company typeenum
Private
Founded yearint
2001
Descriptiontext

Rex Energy is an independent, publicly traded oil and gas exploration and production (E&P) company headquartered in State College, Pennsylvania. According to firmographic data, the company is engaged in the acquisition, production, exploration, and development of oil reserves. It was founded in 2001 and reports a headcount range of 251-500 employees. The company's equity trades on the otcpink venue under the symbol REXXQ, where the 'Q' suffix on an OTC ticker is conventionally associated with issuers in default or bankruptcy proceedings; however, no formal bankruptcy filing date, restructuring record, or court filing is documented in the available sources.

Operational and financial disclosure is extremely limited in the available data set. The corporate website (rexenergy.com) displays only a loading/verification page, and no product, service, customer, pricing, partnership, executive roster, or investor relations content is accessible. With the exception of a single co-founder reference (Svein Kjellesvik, listed as co-founder and managing partner), no management roster is disclosed. No reserve estimates, basin delineation, drilling inventory, midstream commitments, hedging book, or capital structure figures are available.

Given the absence of primary disclosure, the company's current production status, asset base, geographic footprint beyond headquarters location, and go-forward capitalization cannot be reliably characterized from these sources. The aggregated profile is consistent with a distressed or restructured small-cap independent E&P rather than an actively expanding operator, and any analytical conclusion should be treated as preliminary until primary disclosure is restored or recovered from court filings.

Short descriptiontext

Rex Energy is an independent publicly traded oil and gas exploration and production company headquartered in State College, Pennsylvania, focused on the acquisition, production, exploration, and development of oil reserves.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersState College, United States
HQ citystring
State College
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
oil exploration, natural gas production, upstream energy development, hydrocarbon acquisition, energy exploration services
Industry1 code
1Field Development & EOR/IOR for Gas (Compression, Refracturing, Reservoir Management)
CodeEUAAAAAMPrimaryYes
NAICS code2 codes
  • Oil and Gas Extraction211
  • Crude Petroleum Extraction21112
SIC code2 codes
  • Crude Petroleum & Natural Gas1311
  • Oil & Gas Field Exploration Services1382
Social media profiles1 record
GTM typeB2B
B2B
Core offering1 text field

Rex Energy is an independent energy company engaged in the acquisition, production, exploration, and development of oil and natural gas. Founded in 2001 and headquartered in State College, Pennsylvania, the company operates as an upstream producer focused on hydrocarbon resource development in the United States.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

No product or service information available from the provided sources. The rexenergy.com website displayed a verification/loading page during data collection, and no product pages, feature descriptions, or service offerings were accessible.

Recent move2 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight1 record

Each record includes

Type, Description

Peers8 records
TypeDirect peer
Description

Appalachian-focused independent natural gas producer headquartered in Pittsburgh. Highly comparable in basin focus, scale, and product mix to Rex Energy.

TypeDirect peer
Description

Independent upstream E&P focused on the Appalachian Basin (Marcellus/Utica) with significant Pennsylvania operations. Closely comparable to Rex Energy in geography, play type, and mid-cap independent profile.

TypeBroad incumbent
Description

Large U.S. independent E&P that itself went through Chapter 11 and re-emerged; a directly relevant precedent for distressed Appalachian E&P economics and reorganization outcomes.

TypeBroad incumbent
Description

Largest U.S. natural gas producer and the dominant operator in the Appalachian Basin. Comparable in play and region, but substantially larger and a current industry leader.

TypeDirect peer
Description

Independent upstream producer concentrated in the Marcellus/Utica shales of West Virginia and Pennsylvania. Comparable in scale, basin exposure, and product.

TypeDirect peer
Description

Independent E&P with historic Appalachian (Marcellus) operations and a similar mid-cap independent profile. Comparable in upstream focus and gas-weighted mix.

TypeBroad incumbent
Description

Independent E&P with diversified global operations including U.S. onshore oil assets. Comparable in upstream E&P business model, though different geography and scale.

8Cabot Oil & Gas
TypeDirect peer
Description

Independent E&P with longstanding Appalachian Basin operations. Comparable in upstream E&P focus and regional exposure to Rex Energy.

Market position
Strengths2 records

Each record includes

Headline, Details, Source

Weaknesses3 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks4 records

Each record includes

Headline, Details, Source

Key highlights3 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

No data
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Rex Energy

Rex Energy is an independent publicly traded oil and gas exploration and production company headquartered in State College, Pennsylvania, focused on the acquisition, production, exploration, and development of oil reserves.

What Rex Energy does

Rex Energy is an independent, publicly traded oil and gas exploration and production (E&P) company headquartered in State College, Pennsylvania. According to firmographic data, the company is engaged in the acquisition, production, exploration, and development of oil reserves. It was founded in 2001 and reports a headcount range of 251-500 employees. The company's equity trades on the otcpink venue under the symbol REXXQ, where the 'Q' suffix on an OTC ticker is conventionally associated with issuers in default or bankruptcy proceedings; however, no formal bankruptcy filing date, restructuring record, or court filing is documented in the available sources.

Operational and financial disclosure is extremely limited in the available data set. The corporate website (rexenergy.com) displays only a loading/verification page, and no product, service, customer, pricing, partnership, executive roster, or investor relations content is accessible. With the exception of a single co-founder reference (Svein Kjellesvik, listed as co-founder and managing partner), no management roster is disclosed. No reserve estimates, basin delineation, drilling inventory, midstream commitments, hedging book, or capital structure figures are available.

Given the absence of primary disclosure, the company's current production status, asset base, geographic footprint beyond headquarters location, and go-forward capitalization cannot be reliably characterized from these sources. The aggregated profile is consistent with a distressed or restructured small-cap independent E&P rather than an actively expanding operator, and any analytical conclusion should be treated as preliminary until primary disclosure is restored or recovered from court filings.

Rex Energy firmographics

Firmographics
Name
Rex Energy
Website
https://rexenergy.com
Company type
Private
Founded year
2001
Operating status
Operating
Headcount range
101–250 employees
Short description
Rex Energy is an independent publicly traded oil and gas exploration and production company headquartered in State College, Pennsylvania, focused on the acquisition, production, exploration, and development of oil reserves.
Ownership category
akta.pro rank

Rex Energy industry classification

Industry
NAICS
Oil and Gas Extraction (211), Crude Petroleum Extraction (21112)
SIC
Crude Petroleum & Natural Gas (1311), Oil & Gas Field Exploration Services (1382)
akta.pro primary industry
Field Development & EOR/IOR for Gas (Compression, Refracturing, Reservoir Management) (EUAAAAAM)

Keywords

  • Oil exploration
  • Natural gas production
  • Upstream energy development
  • Hydrocarbon acquisition
  • Energy exploration services

Where Rex Energy is headquartered

Location

Headquarters

HQ city
State College
HQ country
United States
HQ region
North America

Markets served

Rex Energy business model

Business model
GTM type
B2B

Rex Energy product offering

Product offering

Core offering

Rex Energy is an independent energy company engaged in the acquisition, production, exploration, and development of oil and natural gas. Founded in 2001 and headquartered in State College, Pennsylvania, the company operates as an upstream producer focused on hydrocarbon resource development in the United States.

Product overview

No product or service information available from the provided sources. The rexenergy.com website displayed a verification/loading page during data collection, and no product pages, feature descriptions, or service offerings were accessible.

Differentiator

Problem solved

Functional benefit

Rex Energy technology and API

Technology

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Rex Energy partnerships and signals

Strategic signal

Recent moves2 records

Expansion highlights1 record

Rex Energy competitors and assessment

Company assessment

Direct peers

  • CNX Resources: Appalachian-focused independent natural gas producer headquartered in Pittsburgh. Highly comparable in basin focus, scale, and product mix to Rex Energy.
  • Range Resources: Independent upstream E&P focused on the Appalachian Basin (Marcellus/Utica) with significant Pennsylvania operations. Closely comparable to Rex Energy in geography, play type, and mid-cap independent profile.
  • Antero Resources: Independent upstream producer concentrated in the Marcellus/Utica shales of West Virginia and Pennsylvania. Comparable in scale, basin exposure, and product.
  • Southwestern Energy: Independent E&P with historic Appalachian (Marcellus) operations and a similar mid-cap independent profile. Comparable in upstream focus and gas-weighted mix.
  • Cabot Oil & Gas: Independent E&P with longstanding Appalachian Basin operations. Comparable in upstream E&P focus and regional exposure to Rex Energy.

Broad incumbents

  • Chesapeake Energy: Large U.S. independent E&P that itself went through Chapter 11 and re-emerged; a directly relevant precedent for distressed Appalachian E&P economics and reorganization outcomes.
  • EQT Corporation: Largest U.S. natural gas producer and the dominant operator in the Appalachian Basin. Comparable in play and region, but substantially larger and a current industry leader.
  • Murphy Oil: Independent E&P with diversified global operations including U.S. onshore oil assets. Comparable in upstream E&P business model, though different geography and scale.

Market position

Strengths2 records

Weaknesses3 records

Competitive moat3 records

Key risks4 records

Key highlights3 records

Customer concentration

Rex Energy social profiles

Digital presence

Rex Energy financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Rex Energy leadership team

Management profile

Number of profiles

Rex Energy funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Rex Energy M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rex Energy

What does Rex Energy do?

Rex Energy is an independent energy company engaged in the acquisition, production, exploration, and development of oil and natural gas. Founded in 2001 and headquartered in State College, Pennsylvania, the company operates as an upstream producer focused on hydrocarbon resource development in the United States.

Is Rex Energy a public or private company?

Rex Energy is a private company. It is currently operating.

When was Rex Energy founded?

Rex Energy was founded in 2001. It employs 101 to 250 people.

Where is Rex Energy based?

Rex Energy is headquartered in State College, United States, in the North America region.

Who are Rex Energy's main competitors?

Direct peers on record are CNX Resources, Range Resources, Antero Resources, Southwestern Energy and Cabot Oil & Gas. Broad incumbents are Chesapeake Energy, EQT Corporation and Murphy Oil.

Does Rex Energy have an API?

No public API is recorded for Rex Energy.

What industry is Rex Energy in?

Its primary akta.pro industry code is EUAAAAAM, Field Development & EOR/IOR for Gas (Compression, Refracturing, Reservoir Management). Its NAICS code is 211 and its SIC code is 1311.

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Live signals
PR NewswireTechnical Roundup on Oil and Gas Stocks -- Bill Barrett, Rex Energy, Camber Energy, and Northern Oil and GasOn June 1, 2017, Stock-Callers.com published a technical roundup covering the stock performance of four oil and gas companies: Bill Barrett Corp., Rex Energy Corp., Camber Energy Inc., and Northern Oil and Gas Inc. All four stocks finished the prior trading session lower or flat, with Camber Energy Inc. experiencing the steepest decline at 11.82%, while Northern Oil and Gas Inc. finished flat. The article also included Q1 2017 financial data for Rex Energy (net income of $2.1 million) and Northern Oil and Gas (GAAP net income of $16.9 million, production of 1.2 million BOE).PR NewswireOil and Gas Stocks Under Review -- Petroleo Brasileiro, Rowan, Bill Barrett, and Rex EnergyThis article provides stock performance updates and analyst actions for four oil and gas companies as of April 21, 2017. Petrobras posted a 1.01% gain to $9.00 with a trading volume of 24.79 million shares and was upgraded by Credit Suisse from Neutral to Outperform on March 22. Rowan gained 0.14%, Bill Barrett fell 0.26%, and Rex Energy dropped significantly by 5.05% to $0.33 amid weak technical indicators including RSI readings below 40 for all four companies.PR NewswireTechnical Roundup on Oil & Gas Stocks -- Rex Energy, Pengrowth Energy, Seadrill Partners, and UnitStock-Callers.com reported on November 2, 2016, on the stock performance of four Oil and Gas Drilling and Exploration companies: Rex Energy Corp., Pengrowth Energy Corp., Seadrill Partners LLC, and Unit Corp., with trading data from November 1, 2016. On that date, Brent crude hit a one-month low at $47.72 before settling at $48.14, while WTI crude settled at $46.67. The article provided technical indicators including moving averages and RSI readings for each company, along with scheduled Q3 2016 earnings releases and dividend declarations.PR NewswireOil & Gas Drilling & Exploration Stocks Under Review -- Nabors Industries, Atwood Oceanics, Rowan Cos., and Rex EnergyActiveWallSt.com initiated stock coverage on four oil and gas drilling companies—Nabors Industries Ltd, Atwood Oceanics Inc., Rowan Companies PLC, and Rex Energy Corporation—on June 9, 2016, reporting their daily stock movements alongside technical indicators. All four stocks showed positive performance over the preceding month and three-month periods, with trading volumes ranging from 2.68 million to 6.58 million shares. The article promotes free trade alerts and research notes as subscription-based services while including standard disclaimers that the content is for informational purposes only.GlobeNewswireRex Energy Announces Agreements to Expand Processing Capacity in the Butler Operated AreaRex Energy signed agreements with MarkWest to expand processing capacity in the Butler Operated Area, adding Bluestone III and IV facilities. The new capacity will raise priority processing to 405 MMcf/d, with Bluestone III expected in Q4 2015 and Bluestone IV in Q2 2016.GlobeNewswireRex Energy Postpones Senior Notes OfferingRex Energy announced it will not proceed with its planned $250 million senior notes offering due to current market conditions. CEO Tom Stabley said the company will remain opportunistic about timing while maintaining a disciplined approach to capital raising.GlobeNewswireRex Energy Announces Upcoming Conference ScheduleRex Energy announced its upcoming conference schedule, including a KeyBanc Capital Markets bus tour in Pittsburgh on April 3 and the IPAA OGIS in New York on April 16-18. Webcasts will be available no later than two hours before each presentation and remain for 30 days. The company also posted an updated April 2012 corporate presentation.GlobeNewswireRex Energy Corporation Announces Closing of Public Offering of Common StockRex Energy Corporation closed its underwritten public offering of 8,050,000 common shares, including full over-allotment, at $9.25 per share. Net proceeds of approximately $70.6 million will repay borrowings under its senior credit facility.GlobeNewswireRex Energy Corporation Announces Pricing of Public Offering of Common StockRex Energy Corporation priced an underwritten public offering of 7.0 million common shares at $9.25 per share, expected to close February 6, 2012. Net proceeds of approximately $61.3 million will repay borrowings under its senior credit facility.GlobeNewswireRex Energy Corporation Announces Public Offering of Common StockRex Energy Corporation announced an underwritten public offering of 7 million common shares, with a 30-day option for up to 1.05 million additional shares. The company intends to use net proceeds to repay borrowings under its senior credit facility. The offering is made pursuant to an effective shelf registration statement.