Rex Energy (REXX) Gets Boost on Production Growth; Soros Eyeing Potential in Sigma Designs (SIGM)
Rex Energy Corp. (Nasdaq:REXX) shares climbed over 5% in after-hours trading Monday as the company said that its fourth-quarter 2016 production increased 12% over the same period a year ago to 194.9 MMcfe/d, driven by a 22% increase year-over-year in liquids production.
REXX stock finished the regular session in negative territory by 8.16% (or -$0.065) at $0.725 with a total volume of 3.17M shares traded.
Rex Energy, an independent oil and gas exploration and production company, has 97.88M shares outstanding, market capitalization (intraday) of $71.01M and REXX stock 52-week range is from $0.23 to $2.43 per share.
After the closing bell Monday, Soros Fund Management LLC – the family office of billionaire investment guru George Soros – disclosed in a regulatory filing ( SC 13G ) with the U.S. Securities and Exchange Commission (SEC) a 5.31% passive stake 92,006,666 shares) in Sigma Designs Inc. (Nasdaq:SIGM).
SIGM stock closed at $6.25, down $0.05 (or -0.79%) and 244,222 of its shares changed hands during the day.
Sigma Designs, which provides intelligent media platforms for use in the home entertainment and home control markets, has 37.82M shares outstanding, market capitalization (intraday) of $236.38M and SIGM stock one-year range is between $5.20 and $8.60 per share.
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