Zacks Investment Research upgraded shares of REX ENERGY CORP (REXX) from UNDERPERFORM to NEUTRAL on February 17, 2014, with a target price of $18.60.
Rex Energy Corporation is an independent oil and gas company operating in the Illinois Basin, the Appalachian Basin and the southwestern region of the United States. The Company pursues a balanced growth strategy of exploiting its sizable inventory of lower-risk developmental drilling locations, pursuing its higher-potential exploration drilling and enhanced oil recovery projects, and actively seeking to acquire complementary oil and natural gas properties.
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