News Roundup: Rex Energy Corporation (NASDAQ:REXX), Basic Energy Services, Inc. (NYSE:BAS)

Rex Energy Corporation (NASDAQ:REXX)

The company announced its last quarter financial performance results on 11/08/2016. Rex Energy Corporation (NASDAQ:REXX) belongs to Oils-Energy sector that surged 34.85% in value when last trading session closed at $0.41. The company has a market capitalization of $40.32 Million. The company’s stock has a Return on Assets (ROA) of -14 percent, a Return on Equity (ROE) of -141.3 percent and Return on Investment (ROI) of -43.9 percent. The company reached its 52-Week high of $2.43 on Mar 7, 2016 and 52-Week low of $0.23 on Nov 15, 2016.

Earnings per share (ttm) for Rex Energy Corporation (NASDAQ:REXX) according to Finviz Data is $-2.83.

The growth estimate for Rex Energy Corporation (NASDAQ:REXX) for the current quarter is 40 percent. The projected growth estimate for the next quarter is 74.1 percent. The company’s stock has grown by -13.8 percent in the past 5 years. For the next 5 years, the company is expected to grow by 50 percent.

This company was Upgrade by Stifel on 29-Sep-16  to Hold.

The 7 analysts offering 12-month price forecasts for Rex Energy Corp have a median target of 1.00, with a high estimate of 1.50 and a low estimate of 0.52. The median estimate represents a +144.50% increase from the last price of 0.41.

Financial History for Rex Energy Corporation (NASDAQ:REXX):

Following Earnings result, share price were UP 14 times out of last 27 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 75% percent of times. It has met expectations  0 times and missed earnings  3  times.

The consensus recommendation for Rex Energy Corporation (NASDAQ:REXX) is 3. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 3. In comparison, the consensus recommendation 60 days ago was at 3.22, and 90 days ago was at 3.22 respectively.

Future Expectations for Rex Energy Corporation (NASDAQ:REXX):

When the current quarter ends, Wall Street expects Rex Energy Corporation to have earnings per share of $-0.12.

Revenue is expected to range from 38.5 Million to 49.39 Million with an average of 44.29 Million.

Company Profile:

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.

Basic Energy Services, Inc. (NYSE:BAS):

Basic Energy Services, Inc. (NYSE:BAS) belongs to Oils-Energy sector closed its last session with a gain of 27.32 percent and closed its previous trading session at $0.56. According to Finviz reported data, the stock currently has Earnings per Share (EPS) (ttm) of $-7.63. The company has the Market capitalization of $24.16 Million. The company’s stock has a Return on Assets (ROA) of -29.2 percent, a Return on Equity (ROE) of 0 percent and Return on Investment (ROI) of -17.7 percent. The company reached its 52-Week high of $4.26 on Nov 25, 2015 and 52-Week low of $0.3 on Oct 24, 2016.

The growth estimate for Basic Energy Services, Inc. (NYSE:BAS) for the current quarter is 13.2 percent. The projected growth estimate for the next quarter is 16.7 percent. The company’s stock has grown by -31.82 percent in the past 5 years. For the next 5 years, the company is expected to grow by -16.52 percent.

This company was Downgrade by Deutsche Bank on 10-Nov-16 to Hold.

The 3 analysts offering 12-month price forecasts for Basic Energy Services Inc have a median target of 1.00, with a high estimate of 1.00 and a low estimate of 0.50. The median estimate represents a +78.51% increase from the last price of 0.56.

Financial History for Basic Energy Services, Inc. (NYSE:BAS):

Following Earnings result, share price were DOWN 15 times out of last 27 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 50% percent of times. It has met expectations  0 times and missed earnings  6  times.

The consensus recommendation for Basic Energy Services, Inc. (NYSE:BAS) is 3. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 2.75. In comparison, the consensus recommendation 60 days ago was at 2.8, and 90 days ago was at 2.73 respectively.

Future Expectations for Basic Energy Services, Inc. (NYSE:BAS):

When the current quarter ends, Wall Street expects Basic Energy Services, Inc. to have earnings per share of $-1.18.

Revenue is expected to range from 151.2 Million to 151.2 Million with an average of 151.2 Million.

Company Profile:

Basic Energy Services provides a range of services to America’s oil and gas producers. Its operations span the heartland of domestic onshore production from Texas, Oklahoma, Louisiana and New Mexico to the Rocky Mountain states . Its services support the entire life cycle of a well – from drilling to production and finally – abandonment. They are committed to providing a safe and rewarding workplace, giving its customers the value they expect and doing our part to support a strong and viable oil and gas industry.