Media headlines about REX American Resources (NYSE:REX) have trended somewhat positive on Monday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. REX American Resources earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 46.998555658386 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Trump’s America First Policy Puts American Values Last in the Middle East (rudaw.net)
- Why America should remain in Syria (gulfnews.com)
- Rex Tillerson was fired for failing to check the Russian offensive, not because of politics (scmp.com)
- Appointee Watch: Another Cabinet Post Shuffle (govexec.com)
- Judge rules that Greitens must face jury on felony charge (stlamerican.com)
Separately, TheStreet lowered REX American Resources from a “b” rating to a “c+” rating in a research report on Thursday, March 22nd.
REX American Resources (NYSE:REX) last released its quarterly earnings results on Thursday, March 22nd. The energy company reported $0.71 earnings per share for the quarter. REX American Resources had a return on equity of 6.18% and a net margin of 8.77%. The company had revenue of $109.54 million for the quarter.
REX American Resources announced that its board has authorized a stock buyback plan on Thursday, March 22nd that permits the company to buyback 500,000 outstanding shares. This buyback authorization permits the energy company to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.
About REX American Resources
Rex American Resources Corporation is a holding company. As of January 31, 2017, the Company had invested in three ethanol production entities. It operates through alternative energy segment. As of January 31, 2017, the Company’s ethanol investments include One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River).
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