Rex Energy
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Rex Energy - overview
Location
State College, PA, US
Primary Industry
Oil & Gas
About
Rex Energy Corporation engages in the acquisition, production, and development of oil and gas, focusing on efficient resource extraction in the energy sector. Rex Energy Corporation is involved in the energy sector, handling the acquisition and production of oil, natural gas, and natural gas liquids. Founded by Scott Graham, the company is headquartered in State College, US. It has successfully engaged in one funding deal as part of its operational history, with the most recent deal occurring on May 1, 2017.
Rex Energy Corporation specializes in the acquisition, production, and development of oil, natural gas, and natural gas liquids. The company's core offerings include oil recovery methods and field services like water sourcing, disposal, and transfer capabilities tailored for completion operations. Specifically, it serves clients in the Appalachian and Illinois regions, focusing on natural gas and natural gas liquids in the Appalachian Basin and on conventional oil well production in the Illinois Basin. Rex Energy generates revenue through the sale of oil, natural gas, and natural gas liquids, along with its specialized field services.
Revenue transactions typically occur through contractual agreements with business clients, involving direct sales and long-term supply agreements for consistent delivery of resources, thereby ensuring stable revenue streams. The pricing structure is based on market rates for hydrocarbons, with adjustments for specific service offerings tied to project needs. Rex Energy aims to enhance its service offerings and expand its market reach. The company is working on developing new products designed to improve efficiency in resource extraction, with potential launches expected in the near future.
Additionally, Rex Energy plans to explore expansion into new geographic markets, focusing specifically on regions that align with its energy production capabilities. The funding obtained from its latest deal in May 2017 will be strategically utilized to support these growth initiatives.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.rexenergy.com
Total Amount Raised
Subscriber access only
Rex Energy - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Rex Energy | - |
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