Rex Energy 3Q15: Production Up 14% from 3Q14, Down 6% from 2Q15

missing puzzle pieceRex Energy, a pure play driller focused totally on the Marcellus/Utica, released their third quarter production and price realizations update yesterday. It is a short update (below) that does not include Rex’s financials. We’ve seen this with a few companies–they release what is typically the “good news” first and then the other shoe drops a few weeks later. So we’ll keep a sharp eye out for Rex’s financial update when that gets published. In the meantime, Rex’s production in 3Q15 was up 14% from 3Q14, but down slightly–6%–from 2Q15 (last quarter). Rex explains why…

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