Rex Energy Corporation Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2017
Summary
Rex Energy Corporation Oil & Gas Exploration and Production Operations and Cost Analysis is the latest report from GlobalData, the industry analysis specialists, that offers comprehensive information on the operational and financial performance of the company. The report is an essential source for key operational metrics, analysis and provides a strategic insight into the company. The report provides an annual and quarterly overview of oil and gas reserves and production, changes in reserves, costs incurred and results of oil and gas operations, acreage and well details, share price performance and key valuation metrics.
Scope
The report provides in-depth analysis and insights into companies’ capital spending, revenues, oil and gas reserves, production, and performance measures. Its scope includes the following -
- The report provides detailed and unique insight information on the key operational metrics. It gives a comprehensive overview of oil and gas production and reserves, costs incurred and results of oil and gas operations, acreage and well details and other performance metrics.
- Provides details with respect to the company’s oil and gas reserves and production information by country. It further consists of in-depth information on the company’s expenditures in relation to the acquisition, exploration and development activities; developed and undeveloped acreage position; key costs and revenue information; and performance metrics of the company as disclosed in its annual reports and regulatory filings.
- Provides a comprehensive overview of the company’s share price performance and key valuation metrics such as market capitalization, enterprise value, EV/Production ($boe/d) and EV/Proved Reserve ($/boe)
- Provides information on key operational and financial metrics on an annual and quarterly basis. The annual information provided is for a five-year period and the quarterly information is for the last five quarters.
*Note:
1. The scope mentioned above is generic and may not apply to all the companies. The report is based on the information disclosed by the companies in their annual and quarterly reports, regulatory filings and other company documents and sources.
2. Quarterly information is provided only for the companies that are December ending and files quarter reports and documents.
3. There can be cases where countries/regions data column/Charts will be blank. This can be due to the fact that the company might have discontinued the reporting of those countries/regions. Information that is not disclosed by the company may not be available in the report.
Reasons to buy
The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
- Be up-to-date with the latest information and in-depth analysis of the operational metrics of the company.
- Identify M&A targets from up-to-date information and in-depth analysis on financial and operational metrics of your competitors.
- Rank your performance against other companies in the exploration and production (E&P) sector using operational and financial benchmarking metrics.
- Formulate your strategies based on in-depth analysis of your competitors’ financial and operational data.
- Exploit the strengths and weakness of your closest competitors by comparing and analyzing their financial and operational metrics.
- Establish relative performance among the industry’s players based on key operational and financial measures.
Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Company Snapshot 7
Key Information 7
Company Overview 7
Rex Energy Corporation, Valuation and Financial Data 8
Rex Energy Corporation, Share Price Performance 8
Share Price Performance, Q1, 2016-Q1, 2017 8
Rex Energy Corporation, Key Valuation Metrics 9
Key Valuation Metrics, Q1, 2016-Q1, 2017 9
Rex Energy Corporation, Quarterly Results of Oil & Gas Operations Per boe Produced 10
Results of Oil & Gas Operations Per boe Produced, Q1, 2016-Q1, 2017 10
Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2016-Q1, 2017 11
Rex Energy Corporation, Quarterly E&P Costs Trends 12
Upstream Capital Expenditure, Q1, 2016-Q1, 2017 12
Rex Energy Corporation, Quarterly Production Trends 13
Rex Energy Corporation, Total Oil and Gas Production 13
Total Crude Oil and Natural Gas Production Trend, Q1, 2016-Q1, 2017 13
Total Crude Oil & Natural Gas Production, By Country/Region, Q1, 2016-Q1, 2017 14
Rex Energy Corporation, Crude Oil Production 15
Total Crude Oil Production Trend, Q1, 2016-Q1, 2017 15
Crude Oil Production, By Country/Region, Q1, 2016-Q1, 2017 16
Rex Energy Corporation, Natural Gas Production 17
Total Natural Gas Production Trend, Q1, 2016-Q1, 2017 17
Natural Gas Production, By Country/Region, Q1, 2016-Q1, 2017 18
Rex Energy Corporation, Valuation and Financial Data, 2012-2016 19
Rex Energy Corporation, Share Price Performance, 2012-2016 19
Share Price Performance, 2012-2016 19
Key Valuation Metrics, 2012-2016 20
Rex Energy Corporation, Production and Reserves Trends 21
Total Oil and Gas, Reserves and Production 21
Total Crude Oil and Natural Gas Production and Reserves Trend, 2012-2016 21
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2012-2016 23
Total Crude Oil and Natural Gas Reserve Changes, 2012-2016 25
Crude Oil/Liquids Production and Reserve 26
Crude Oil/Liquids Production and Reserve Trend, 2012-2016 26
Crude Oil Production and Reserves By Country/Region, 2012-2016 27
Crude Oil/Liquids Reserve Changes, 2012-2016 29
Natural Gas Production and Reserve 30
Natural Gas Production and Reserve Trend, 2012-2016 30
Natural Gas Production and Reserves, By Country/Region, 2012-2016 31
Natural Gas Reserve Changes, 2012-2016 33
Total Crude Oil and Natural Gas Reserves Life Index 34
Total Crude Oil and Natural Gas Reserves Life Index, 2012-2016 34
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2012-2016 35
Rex Energy Corporation, E&P Costs Trends 37
Allocation of the Upstream Capital Expenditure 37
Upstream Capital Expenditure, 2012-2016 37
Acquisition Costs By Country/Region, 2012-2016 38
Exploration and Development Costs, By Country/Region, 2012-2016 39
Oil and Gas Cost Per boe, US$/boe 41
Oil and Gas Cost Per boe, US$/boe, 2012-2016 41
Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2012-2016 43
Rex Energy Corporation, Reserve Replacement Ratio 45
Oil and Gas Production Replacement Ratio 45
Oil and Gas Production Replacement Ratio, 2012-2016 45
Oil and Gas Production Replacement Ratio, By Country/Region, 2012-2016 48
Rex Energy Corporation, Results of Oil & Gas Operations Trend 52
Oil and Gas Revenue and Expenses 52
Oil and Gas Revenue and Expenses, 2012-2016 52
Oil and Gas Revenue and Expenses, By Country/Region, 2012-2016 54
Oil and Gas Revenue and Expenses, Per boe 59
Oil and Gas Revenue and Expenses, By boe, 2012-2016 59
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2012-2016 60
Oil and Gas Performance Metrics 64
Rex Energy Corporation, Land Holdings and Well Data 65
Developed and Undeveloped Acreage 65
Gross and Net Developed and Undeveloped Acreage, 2012-2016 65
Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2012-2016 66
Well Statistics 69
Producible Oil and Gas Well, 2012-2016 69
Producible Oil and Gas Well, By Country/Region, 2012-2016 70
Exploration and Development Wells Drilled, 2012-2016 75
Exploration and Development Wells Drilled, By Country/Region, 2012-2016 77
Recent Developments 78
Rex Energy Corporation - Recent Developments 78
Aug 08, 2017: Rex Energy Reports Second Quarter 2017 Financial And Operational Results 78
Jun 12, 2017: Rex Energy Announces Results Of Four-Well Baird Pad In Moraine East Area 81
Jun 06, 2017: Rex Energy Regains Full Compliance With Nasdaq Listing Standards 81
May 09, 2017: Rex Energy Reports First Quarter 2017 Financial And Operational Results 81
May 04, 2017: Rex Energy Announces Updated Two-Year Financial And Operational Plan, Highlighted By An Increase To Expected Production Growth In 2018 83
May 01, 2017: Rex Energy Announces Closing Of New $300 Million First Lien Delayed Draw Term Loan With Group Led By Angelo, Gordon 85
Apr 24, 2017: Rex Energy Announces First Quarter Production And Estimated Price Realizations And Provides Operational Update 86
Mar 07, 2017: Rex Energy Reports Fourth Quarter And Full Year 2016 Operational And Financial Results 87
Jan 23, 2017: Rex Energy Announces Fourth Quarter And Full-Year Production And Estimated Price Realizations And Provides Operational Update 90
Jan 17, 2017: Rex Energy Announces Two-Year Financial And Operational Plan And Provides Financial Update 91
Appendix 95
Methodology 95
Coverage 95
Secondary Research 95
Primary Research 96
Data Information Sources 96
Company Source 96
SEC/Other Regulatory Filings 96
Other Sources 96
Expert Panel Validation 96
Data Definition 96
Oil and Gas Reserves 96
Units of Measure 97
About GlobalData 98
Disclosure 98
Disclaimer 98
List Of Tables
List of Tables
Table 1: Rex Energy Corporation, Key Facts 7
Table 2: Rex Energy Corporation, Share Price Performance, Q1, 2016-Q1, 2017 8
Table 3: Rex Energy Corporation, Key Valuation Metrics, Q1, 2016-Q1, 2017 9
Table 4: Rex Energy Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2016-Q1, 2017 10
Table 5: Rex Energy Corporation, Results of Oil & Gas Operations Per boe Growth Rates, %, Q1, 2016-Q1, 2017 11
Table 6: Rex Energy Corporation, Upstream Capital Expenditure, Q1, 2016-Q1, 2017 12
Table 7: Rex Energy Corporation, Total Crude Oil and Natural Gas, Production, Q1, 2016-Q1, 2017 13
Table 8: Rex Energy Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2016-Q1, 2017 14
Table 9: Rex Energy Corporation, Total Crude Oil Production, mmbbl, Q1, 2016-Q1, 2017 15
Table 10: Rex Energy Corporation, Crude Oil Production, By Country/Region, mmbbl, Q1, 2016-Q1, 2017 16
Table 11: Rex Energy Corporation, Total Natural Gas Production, bcf, Q1, 2016-Q1, 2017 17
Table 12: Rex Energy Corporation, Natural Gas Production, By Country/Region, bcf, Q1, 2016-Q1, 2017 18
Table 13: Rex Energy Corporation, Share Price Performance, 2012-2016 19
Table 14: Rex Energy Corporation, Key Valuation Metrics, 2012-2016 20
Table 15: Rex Energy Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2012-2016 22
Table 16: Rex Energy Corporation, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2012-2016 24
Table 17: Rex Energy Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2012-2016 25
Table 18: Rex Energy Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2012-2016 26
Table 19: Rex Energy Corporation, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2012-2016 28
Table 20: Rex Energy Corporation, Crude Oil Reserve Changes, mmbbl, 2012-2016 29
Table 21: Rex Energy Corporation, Natural Gas Production and Reserves Metrics, bcf, 2012-2016 30
Table 22: Rex Energy Corporation, Natural Gas Production and Reserves, By Country/Region, bcf, 2012-2016 32
Table 23: Rex Energy Corporation, Natural Gas Reserve Changes, bcf, 2012-2016 33
Table 24: Rex Energy Corporation, Oil and Gas Reserves Life Index, Years, 2012-2016 34
Table 25: Rex Energy Corporation, Oil and Gas Reserves Life Index, By Country/Region, Years, 2012-2016 36
Table 26: Rex Energy Corporation, Upstream Capital Expenditure, US$ mil, 2012-2016 37
Table 27: Rex Energy Corporation, Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2012-2016 38
Table 28: Rex Energy Corporation, Exploration and Development Costs, By Country/Region, US$ mil, 2012-2016 40
Table 29: Rex Energy Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2012-2016 42
Table 30: Rex Energy Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2012-2016 44
Table 31: Rex Energy Corporation, Oil and Gas Production Replacement Ratio, %, 2012-2016 46
Table 32: Rex Energy Corporation, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2012-2016 51
Table 33: Rex Energy Corporation, Revenue and Expenses, US$ mil, 2012-2016 53
Table 34: Rex Energy Corporation, Revenue and Expenses, By Country/Region, US$ mil, 2012-2016 58
Table 35: Rex Energy Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2012-2016 59
Table 36: Rex Energy Corporation, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2012-2016 63
Table 37: Rex Energy Corporation, Oil and Gas Performance Metrics, 2012-2016 64
Table 38: Rex Energy Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2012-2016 65
Table 39: Rex Energy Corporation, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2012-2016 68
Table 40: Rex Energy Corporation, Producible Oil and Gas Wells, 2012-2016 69
Table 41: Rex Energy Corporation, Producible Oil and Gas Wells, By Country/Region, 2012-2016 74
Table 42: Rex Energy Corporation, Exploratory and Developed Wells, 2012-2016 76
Table 43: Rex Energy Corporation, Exploratory and Developed Wells, By Country/Region, 2012-2016 77
List Of Figures
List of Figures
Figure 1: Rex Energy Corporation, Share Price Performance, USD/Share, Q1, 2016-Q1, 2017 8
Figure 2: Rex Energy Corporation, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q1, 2016-Q1, 2017 9
Figure 3: Rex Energy Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2016-Q1, 2017 10
Figure 4: Rex Energy Corporation, Upstream Capital Expenditure, US$ mil, Q1, 2016-Q1, 2017 12
Figure 5: Rex Energy Corporation, Total Crude Oil and Natural Gas, Production, mmboe, Q1, 2016-Q1, 2017 13
Figure 6: Rex Energy Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2016-Q1, 2017 14
Figure 7: Rex Energy Corporation, Total Crude Oil Production, mmbbl, Q1, 2016-Q1, 2017 15
Figure 8: Rex Energy Corporation, Crude Oil Production, By Country/Region, mmbbl, Q1, 2016-Q1, 2017 16
Figure 9: Rex Energy Corporation, Total Natural Gas Production, bcf, Q1, 2016-Q1, 2017 17
Figure 10: Rex Energy Corporation, Natural Gas Production, By Country/Region, bcf, Q1, 2016-Q1, 2017 18
Figure 11: Rex Energy Corporation, Share Price Performance, USD/Share, 2012-2016 19
Figure 12: Rex Energy Corporation, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2012-2016 20
Figure 13: Rex Energy Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2012-2016 21
Figure 14: Rex Energy Corporation, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2012-2016 23
Figure 15: Rex Energy Corporation, Total Oil & Gas Production, By Country/Region, mmboe, 2012-2016 23
Figure 16: Rex Energy Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2016 25
Figure 17: Rex Energy Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2012-2016 26
Figure 18: Rex Energy Corporation, Oil Reserves, End of Period, By Country/Region, mmbbl, 2012-2016 27
Figure 19: Rex Energy Corporation, Oil Production, By Country/Region, mmbbl, 2012-2016 27
Figure 20: Rex Energy Corporation, Crude Oil Reserve Changes, mmbbl, 2016 29
Figure 21: Rex Energy Corporation, Natural Gas Production and Reserves Metrics, bcf, 2012-2016 30
Figure 22: Rex Energy Corporation, Gas Reserves, End of Period, By Country/Region, bcf, 2012-2016 31
Figure 23: Rex Energy Corporation, Gas Production, By Country/Region, bcf, 2012-2016 31
Figure 24: Rex Energy Corporation, Natural Gas Reserve Changes, bcf, 2016 33
Figure 25: Rex Energy Corporation, Oil and Gas Reserves Life Index, Years, 2012-2016 34
Figure 26: Rex Energy Corporation, Gas Reserve Life Index, By Country/Region, Years, 2012-2016 35
Figure 27: Rex Energy Corporation, Oil & Gas Reserve Life Index, By Country/Region, Years, 2012-2016 35
Figure 28: Rex Energy Corporation, Oil Reserve Life Index, By Country/Region, Years, 2012-2016 36
Figure 29: Rex Energy Corporation, Upstream Capital Expenditure, US$ mil, 2012-2016 37
Figure 30: Rex Energy Corporation, Unproved Acquisition Costs, By Country/Region, US$ mil, 2012-2016 38
Figure 31: Rex Energy Corporation, Development Costs, By Country/Region, US$ mil, 2012-2016 39
Figure 32: Rex Energy Corporation, Exploration Costs, By Country/Region, US$ mil, 2012-2016 39
Figure 33: Rex Energy Corporation, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2012-2016 41
Figure 34: Rex Energy Corporation, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016 43
Figure 35: Rex Energy Corporation, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016 43
Figure 36: Rex Energy Corporation, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2012-2016 44
Figure 37: Rex Energy Corporation, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2012-2016 45
Figure 38: Rex Energy Corporation, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2012-2016 48
Figure 39: Rex Energy Corporation, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2012-2016 48
Figure 40: Rex Energy Corporation, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2012-2016 49
Figure 41: Rex Energy Corporation, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2012-2016 49
Figure 42: Rex Energy Corporation, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2012-2016 50
Figure 43: Rex Energy Corporation, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2012-2016 50
Figure 44: Rex Energy Corporation, Revenue and Expenses, US$ mil, 2012-2016 52
Figure 45: Rex Energy Corporation, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 54
Figure 46: Rex Energy Corporation, Exploration Expenses, By Country/Region, US$ mil, 2012-2016 54
Figure 47: Rex Energy Corporation, Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 55
Figure 48: Rex Energy Corporation, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 55
Figure 49: Rex Energy Corporation, Oil & Gas Revenue, By Country/Region, US$ mil, 2012-2016 56
Figure 50: Rex Energy Corporation, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 56
Figure 51: Rex Energy Corporation, Production Costs, By Country/Region, US$ mil, 2012-2016 57
Figure 52: Rex Energy Corporation, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2012-2016 57
Figure 53: Rex Energy Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2012-2016 59
Figure 54: Rex Energy Corporation, Lifting Cost per boe, By Country/Region, US$/boe, 2012-2016 60
Figure 55: Rex Energy Corporation, Annual Net Income per boe, By Country/Region, US$/boe, 2012-2016 60
Figure 56: Rex Energy Corporation, Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2012-2016 61
Figure 57: Rex Energy Corporation, Total DD&A per boe, By Country/Region, US$/boe, 2012-2016 61
Figure 58: Rex Energy Corporation, Total Revenue per boe, By Country/Region, US$/boe, 2012-2016 62
Figure 59: Rex Energy Corporation, Oil and Gas Performance Metrics, 2012-2016 64
Figure 60: Rex Energy Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2012-2016 65
Figure 61: Rex Energy Corporation, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2012-2016 66
Figure 62: Rex Energy Corporation, Total Net Undeveloped Acreage, By Country/Region, Acres, 2012-2016 66
Figure 63: Rex Energy Corporation, Total Gross Developed Acreage, By Country/Region, Acres, 2012-2016 67
Figure 64: Rex Energy Corporation, Total Net Developed Acreage, By Country/Region, Acres, 2012-2016 67
Figure 65: Rex Energy Corporation, Producible Oil and Gas Wells, 2012-2016 69
Figure 66: Rex Energy Corporation, Gross Productive Gas Wells, By Country/Region, Number, 2012-2016 70
Figure 67: Rex Energy Corporation, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2012-2016 70
Figure 68: Rex Energy Corporation, Gross Productive Oil Wells, By Country/Region, Number, 2012-2016 71
Figure 69: Rex Energy Corporation, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2012-2016 71
Figure 70: Rex Energy Corporation, Net Productive Gas Wells, By Country/Region, Number, 2012-2016 72
Figure 71: Rex Energy Corporation, Net Productive Oil & Gas Wells, By Country/Region, Number, 2012-2016 72
Figure 72: Rex Energy Corporation, Net Productive Oil Wells, By Country/Region, Number, 2012-2016 73
Figure 73: Rex Energy Corporation, Exploratory and Developed Wells, 2012-2016 75
