At Rex Energy, we believe our company's performance is enhanced when our employees think as owners and shareholders of the company. To align our individual employee goals with our corporate goals, we encourage an entrepreneurial and innovative spirit through equity ownership grants. This, coupled with our seasoned management team, inspires each employee to make a difference at Rex Energy.
We work to maintain a financial strategy that mitigates commodity price risk within the highly volatile energy markets. Through our hedging and risk management activities, we have successfully hedged the majority of our current production at what we believe to be attractive price levels. As Rex Energy continues to grow, we will continue to add onto our hedging portfolio when necessary at prices that increase shareholder value.
1Data as of September 30, 2013
2Data as of December 31, 2012