News coverage about Rex Energy (NASDAQ:REXX) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rex Energy earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned media coverage about the oil and gas exploration company an impact score of 47.1678309675956 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- Could natural gas in the Mediterranean spark the Third Lebanese War? (jpost.com)
- Looking for Donald Trump in all the wrong places (thestar.com)
- Exxon Countersues the Lawyers Suing It Over Climate Change (thedrive.com)
- Rex Energy Considering Bankruptcy as Talks with Lenders Continue (naturalgasintel.com)
REXX has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Rex Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. Royal Bank of Canada reaffirmed a “hold” rating and issued a $3.00 price target on shares of Rex Energy in a research note on Thursday, November 9th. KeyCorp reaffirmed a “hold” rating on shares of Rex Energy in a research note on Monday, November 13th. Northland Securities set a $2.00 price target on shares of Rex Energy and gave the stock a “hold” rating in a research note on Monday, December 11th. Finally, SunTrust Banks set a $2.00 price target on shares of Rex Energy and gave the stock a “hold” rating in a research note on Thursday, November 16th. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. Rex Energy has a consensus rating of “Hold” and a consensus target price of $4.79.
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Rex Energy Company Profile
Rex Energy Corporation is an independent oil, natural gas liquid (NGL) and natural gas company. The Company has operations in the Appalachian Basin and Illinois Basin. In the Appalachian Basin, the Company is focused on its Marcellus Shale, Utica Shale and Upper Devonian (Burkett) Shale drilling and exploration activities.
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