Robert Ovitz - Rex Energy COO

COO

Mr. Robert Ovitz is Chief Operating Officer of the Company. He has served as our Chief Operating Officer since July 2015. He joined the Company in the fall of 2014 and, prior to his promotion, served as the Senior Vice President, Operations. Before joining Rex Energy, he spent 13 years with Noble Energy, Inc., ultimately serving as Senior Operations Manager for Nobles joint venture in the Marcellus Shale in Pennsylvania and West Virginia. In that capacity, Ovitz launched Nobles presence in the Marcellus, building and leading an operational team from commencement of operations to producing over 300 MMcfed within three years. Prior to Noble, Mr. Ovitz held various senior management, drilling, and other engineering and technical roles for Patina Oil Gas, Questar Exploration Production Company, Amoco UK, and Amoco Production Company . He holds a BS degree in Petroleum Engineering from Marietta College and a MBA from the University of Denver. since 2015.
Age 56
Tenure 9 years
Professional MarksMBA
Phone814 278-7267
Webwww.rexenergy.com
Ovitz joined Rex Energy in the fall of 2014 and, prior to his promotion, served as the Company’s Senior Vice President, Operations. Before joining Rex Energy, he spent 13 years with Noble Energy, Inc., ultimately serving as Senior Operations Manager for Noble’s joint venture in the Marcellus Shale in Pennsylvania and West Virginia. In that capacity, Ovitz launched Noble’s presence in the Marcellus, building and leading an operational team from commencement of operations to producing over 300 MMcfe/d within three years. Prior to Noble, Bob held various senior management, drilling, and other engineering and technical roles for Patina Oil & Gas, Questar Exploration & Production Company, Amoco UK, and Amoco Production Company . He holds a BS degree in Petroleum Engineering from Marietta College and a MBA from the University of Denver.

Rex Energy Management Efficiency

The company has return on total asset (ROA) of (20.9363) % which means that it has lost $20.9363 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0245) %, meaning that it created substantial loss on money invested by shareholders. Rex Energy's management efficiency ratios could be used to measure how well Rex Energy manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 842.48 M in liabilities with Debt to Equity (D/E) ratio of 3.27, implying the company greatly relies on financing operations through barrowing. Rex Energy has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Rex Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Rex Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Rex Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rex to invest in growth at high rates of return. When we think about Rex Energy's use of debt, we should always consider it together with cash and equity.

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Rex Energy Corporation operates as an independent condensate, natural gas liquid , and natural gas company in the Appalachian basin in the United States. Rex Energy Corporation was founded in 2007 and is headquartered in State College, Pennsylvania. Rex Energy operates under Oil Gas EP classification in USA and traded on Nasdaq Capital Markets. It employs 105 people. Rex Energy (REXX) is traded on NASDAQ Exchange in USA and employs 105 people.

Management Performance

Rex Energy Leadership Team

Elected by the shareholders, the Rex Energy's board of directors comprises two types of representatives: Rex Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rex. The board's role is to monitor Rex Energy's management team and ensure that shareholders' interests are well served. Rex Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rex Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Curtis Walker, Chief Accounting Officer
Scott Hodges, Sr. VP of Land and Bus. Devel.
Lance Shaner, Chairman of the Board
Frederick Hodges, Senior Vice President - Land and Business Development
John Lombardi, Independent Director
John Higbee, Independent Director
John Zak, Independent Director
Jack Aydin, Independent Director
Eric Mattson, Independent Director
Todd Tipton, Director
Jennifer McDonough, Sr. VP, General Counsel and Corporate Secretary
David Pratt, Senior Vice President Exploration Manager
Thomas Rajan, CFO
Thomas Stabley, Co-Founder, CEO and President and Director
Robert Ovitz, COO

Rex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Rex Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Rex Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Rex Energy's short interest history, or implied volatility extrapolated from Rex Energy options trading.

Currently Active Assets on Macroaxis

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Other Consideration for investing in Rex Stock

If you are still planning to invest in Rex Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rex Energy's history and understand the potential risks before investing.
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