Rex Energy Corp (REXX) Financial Statements (2024 and earlier)

Company Profile

Business Address 366 WALKER DRIVE
STATE COLLEGE, PA 16801
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2018
MRQ
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 15,2473,6971,09117,9781,90043,975
Cash and cash equivalents 15,2473,6971,09117,9781,90043,975
Receivables 28,02325,65919,50144,44038,86324,980
Derivative instruments and hedges, assets 8,0081,87334,26029,2655,66812,005
Disposal group, including discontinued operation    34,257  
Prepaid expense and other current assets1,316
Assets held-for-sale 2,279
Income taxes receivable5,1896,429
Deferred tax assets    (8,301)3,451(539)
Other undisclosed current assets 4,6142,5463,82911,7042,207539
Total current assets: 55,89233,77558,681129,34357,27890,984
Noncurrent Assets
Property, plant and equipment 884,352855,4441,001,2151,224,208902,882654,015
Oil and gas property, successful effort method    1,401,452  
Long-term investments and receivables    17,89518,70816,978
Long-term investments    17,89518,70816,978
Derivative instruments and hedges 1,7192,2129,5344,904535704
Other noncurrent assets 442,492 17,070 
Deferred tax assets, net   12,5328,301(29,446)(23,625)
Other undisclosed noncurrent assets 130 16,544(1,401,452)41,43933,654
Total noncurrent assets: 886,245860,1481,039,8251,272,378934,118681,726
TOTAL ASSETS: 942,137893,9231,098,5061,401,721991,396772,710
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 107,57277,91982,200112,81885,55353,555
Accounts payable 62,35440,71237,87453,34031,10331,134
Accrued liabilities 45,21837,20744,32659,47854,45022,421
Debt 834,3257645901,1766,7431,686
Derivative instruments and hedges, liabilities 14,89225,0252,4864214,6631,389
Disposal group, including discontinued operation      52
Deferred tax liabilities   12,5328,301 539
Other undisclosed current liabilities    25,115 (1,686)
Total current liabilities: 956,789103,70897,808147,83196,95955,535
Noncurrent Liabilities
Long-term debt and lease obligation, including: 8,156755,355788,872677,976415,269249,249
Long-term debt, excluding current maturities 8,156113,785111,52825162,191991
Other undisclosed long-term debt and lease obligation  641,570677,344677,725353,078248,258
Liabilities, other than long-term debt 30,75424,63451,59544,54162,24349,957
Asset retirement obligations 9,3528,73642,88338,14626,04024,822
Deferred tax liabilities, net     29,44623,625
Other liabilities 7,1538,6713,1564,0184,992 
Derivative instruments and hedges, liabilities 14,2497,2275,5562,3771,7651,510
Other undisclosed noncurrent liabilities      5,675
Total noncurrent liabilities: 38,910779,989840,467722,517477,512304,881
Total liabilities: 995,699883,697938,275870,348574,471360,416
Equity
Equity, attributable to parent (53,562)10,226160,231527,132414,883411,519
Preferred stock 1111  
Common stock 109554545452
Additional paid in capital 652,917650,584623,863617,826456,554451,062
Accumulated deficit (706,490)(640,454)(463,687)(90,749)(41,725)(39,595)
Equity, attributable to noncontrolling interest    4,2412,042775
Total equity: (53,562)10,226160,231531,373416,925412,294
TOTAL LIABILITIES AND EQUITY: 942,137893,9231,098,5061,401,721991,396772,710

Income Statement (P&L) ($ in thousands)

6/30/2018
TTM
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues 205,266139,017171,993297,398237,931148,139
Revenue, net 205,266139,017171,993297,987237,931148,139
Financial services revenue    (589)6,211100,551
Cost of revenue
(Cost of Goods and Services Sold)
 (109,200)(91,700)(79,500)(155,682)(62,138)(47,638)
Gross profit: 96,06647,31792,493141,716175,793100,501
Operating expenses (218,773)(271,624)(607,082)(373,728)(222,257)(151,221)
Other operating expense, net    (134)(592) 
Other undisclosed operating income 109,20091,70079,500156,40562,73047,638
Operating income (loss): (13,507)(132,607)(435,089)(75,741)15,674(3,082)
Nonoperating income (expense) (53,463)(62,594)11,8441,176(19,800)109,559
Investment income, nonoperating (1,347)(32,515)60,17638,876(2,908)10,687
Other nonoperating income (expense) (261)(2,124)(115)906,65398,872
Interest and debt expense (3,029)24,627(47,806)(36,977)(22,782)(6,443)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 3,029(24,627) 36,97721,225(5,063)
Income (loss) from continuing operations before equity method investments, income taxes: (66,970)(195,201)(471,051)(74,565)(5,683)94,971
Loss from equity method investments   (411)(813)(763)(3,921)
Other undisclosed income from continuing operations before income taxes   48,2178132,3204,740
Income (loss) from continuing operations before income taxes: (66,970)(195,201)(423,245)(74,565)(4,126)95,790
Income tax expense (benefit) 2,728(2,436)24,22726,9153,785(38,549)
Income (loss) from continuing operations: (64,242)(197,637)(399,018)(47,650)(341)57,241
Income (loss) before gain (loss) on sale of properties: (64,242)(176,715)(361,033)(42,650)(341)57,241
Income from discontinued operations  20,92237,9855,000  
Other undisclosed net loss     (232)(10,943)
Net income (loss): (64,242)(176,715)(361,033)(42,650)(573)46,298
Net loss attributable to noncontrolling interest   (2,245)(4,039)(1,557)(819)
Net income (loss) attributable to parent: (64,242)(176,715)(363,278)(46,689)(2,130)45,479
Preferred stock dividends and other adjustments (2,392)(78,075)(9,660)(2,335)  
Other undisclosed net income available to common stockholders, basic  145,968    
Net income (loss) available to common stockholders, diluted: (66,634)(108,822)(372,938)(49,024)(2,130)45,479

Comprehensive Income ($ in thousands)

6/30/2018
TTM
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss): (64,242)(176,715)(361,033)(42,650)(573)46,298
Comprehensive income (loss): (64,242)(176,715)(361,033)(42,650)(573)46,298
Comprehensive income (loss), net of tax, attributable to noncontrolling interest   (2,245)(4,039)1,557819
Comprehensive income (loss), net of tax, attributable to parent: (64,242)(176,715)(363,278)(46,689)98447,117

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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