Natural Gas Roars, See REX Energy [Seeking Alpha]
REX ENERGY (REXX)
Last rex energy earnings: 5/15 04:14 pm
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US:NASDAQ Investor Relations:
rexenergy.com/company-strategy.html
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Source: Seeking Alpha
Summary REX Energy (NASDAQ: REXX ) surges on Nnatural gas (NYSEARCA: UNG ), In Q4 '16, I got long REXX (Rex Energy) and described why here . I also explained my long thesis for natural gas too. As we emerge from winter, many across North America haven't noticed we had a one! We've just had the most mild weather on the continent in the last 80 years . Google is flush with headlines if you don't believe it. I live in Lake Tahoe, where record snow obscured these meteorological records. I had argued that too many investors and prognosticators had been focused on local and/or domestic markets, and weather, most oblivious to the takeaway. I never argued the former wouldn't affect nat gas pricing, but I did argue the latter would prevail, eventually. Perhaps it should have been stated that "records" in either direction -production, weather, whatever - will exert directional pressure as the case may be. During this winter, weather records suppressed demand, obviou
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