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Stock Market & Financial Investment News

News Breaks
May 2, 2014
08:25 EDTREXX, REXX, REXX, REXX, REXXRex Energy management to meet with SunTrust
Meetings to be held in the Midwest May 5-6 hosted by SunTrust.
News For REXX From The Last 14 Days
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August 12, 2014
16:22 EDTREXXRex Energy acquires SWEPI, LP for $120M in cash
Rex Energy (REXX) has entered into a definitive purchase agreement with SWEPI, LP, an affiliate of Royal Dutch Shell (RYDAF), to acquire a 100% interest in approximately 208K gross acres prospective for the Marcellus, Upper Devonian/Burkett and Utica Shales in Pennsylvania and Ohio for approximately $120M in cash. The transaction is expected to close in September. The assets to be acquired are located in Armstrong, Beaver, Butler, Lawrence, Mercer and Venango counties in Pennsylvania and Columbiana and Mahoning counties in Ohio. The additional acreage, combined with recent leasing, will bring Rex Energy's position in its Butler Operated Area to approximately 298K gross acres.
16:19 EDTREXXRex Energy files to sell $125M of depositary shares
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