Penn Virginia Corporation, an independent oil and gas company, engages in the onshore exploration, development, and production of crude oil, natural gas liquids, and natural gas in the United States. It primarily operates wells in the Eagle Ford Shale field in South Texas. The company also has operations in the Granite Wash in Oklahoma. As of December 31, 2017, it had total proved reserves of approximately 73 million barrels of oil equivalent; and 500 gross productive wells, as well as owned approximately 124,000 gross acres of leasehold and royalty interests. Penn Virginia Corporation was founded in 1882 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:PVAC
Previous Symbol
CUSIPN/A
Phone713-722-6500
Debt
Debt-to-Equity Ratio1.92
Current Ratio0.45
Quick Ratio0.45
Price-To-Earnings
Trailing P/E Ratio20.60
Forward P/E Ratio5.48
P/E GrowthN/A
Sales & Book Value
Annual Sales$160.05 million
Price / Sales5.59
Cash Flow$6.1355 per share
Price / Cash Flow9.67
Book Value$14.77 per share
Price / Book4.02
Profitability
EPS (Most Recent Fiscal Year)$2.88
Net Income$32.66 million
Net Margins3.58%
Return on Equity50.64%
Return on Assets14.48%
Miscellaneous
Employees80
Outstanding Shares15,070,000
Market Cap$894.34 million
OptionableOptionable
Penn Virginia (NASDAQ:PVAC) Frequently Asked Questions
What is Penn Virginia's stock symbol?
Penn Virginia trades on the NASDAQ under the ticker symbol "PVAC."
How were Penn Virginia's earnings last quarter?
Penn Virginia Co. (NASDAQ:PVAC) issued its earnings results on Thursday, November, 8th. The company reported $2.72 EPS for the quarter, missing the consensus estimate of $2.80 by $0.08. The firm earned $127.19 million during the quarter, compared to analysts' expectations of $121.30 million. Penn Virginia had a return on equity of 50.64% and a net margin of 3.58%. View Penn Virginia's Earnings History.
When is Penn Virginia's next earnings date?
What price target have analysts set for PVAC?
3 brokers have issued 1-year price objectives for Penn Virginia's shares. Their predictions range from $63.00 to $110.00. On average, they anticipate Penn Virginia's share price to reach $93.6667 in the next year. This suggests a possible upside of 57.9% from the stock's current price. View Analyst Price Targets for Penn Virginia.
What is the consensus analysts' recommendation for Penn Virginia?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penn Virginia in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Penn Virginia.
Has Penn Virginia been receiving favorable news coverage?
Headlines about PVAC stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Penn Virginia earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days.
Who are some of Penn Virginia's key competitors?
Some companies that are related to Penn Virginia include Viper Energy Partners (VNOM), Range Resources (RRC), Black Stone Minerals (BSM), Newfield Exploration (NFX), Magnolia Oil & Gas (MGY), CNX Resources (CNX), Whiting Petroleum (WLL), Southwestern Energy (SWN), Chesapeake Energy (CHK), Matador Resources (MTDR), ARC Resources (AETUF), Jagged Peak Energy (JAG), PDC Energy (PDCE), Enerplus (ERF) and SM Energy (SM).
Who are Penn Virginia's key executives?
Penn Virginia's management team includes the folowing people:
- Mr. John A. Brooks, Pres, CEO & Director (Age 56)
- Mr. Steven A. Hartman, Sr. VP, CFO & Treasurer (Age 51)
- Mr. Benjamin A. Mathis, Sr. VP of Operations & Engineering (Age 47)
- Ms. Tammy Hinkle, VP, Controller & Principal Accounting Officer
- Mr. Stephen R. Milbourne, Director, Investor Relations
Who are Penn Virginia's major shareholders?
Penn Virginia's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.23%), Vanguard Group Inc. (5.32%), FMR LLC (4.49%), Dimensional Fund Advisors LP (3.65%), Allianz Asset Management GmbH (2.21%) and Silver Point Capital L.P. (1.92%). Company insiders that own Penn Virginia stock include Diversified Asset Manageme Kls, Harry Quarls, Mangrove Partners Master Fund, and Tammy Hinkle. View Institutional Ownership Trends for Penn Virginia.
Which major investors are selling Penn Virginia stock?
PVAC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Silver Point Capital L.P., Assenagon Asset Management S.A., Dalton Greiner Hartman Maher & Co., AQR Capital Management LLC, Engineers Gate Manager LP and Bank of New York Mellon Corp. Company insiders that have sold Penn Virginia company stock in the last year include Diversified Asset Manageme Kls and Tammy Hinkle. View Insider Buying and Selling for Penn Virginia.
Which major investors are buying Penn Virginia stock?
PVAC stock was acquired by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Morgan Stanley, FMR LLC, Vanguard Group Inc., Lisanti Capital Growth LLC, Picton Mahoney Asset Management, Allianz Asset Management GmbH and Dimensional Fund Advisors LP. Company insiders that have bought Penn Virginia stock in the last two years include Harry Quarls and Mangrove Partners Master Fund,. View Insider Buying and Selling for Penn Virginia.
How do I buy shares of Penn Virginia?
Shares of PVAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Penn Virginia's stock price today?
One share of PVAC stock can currently be purchased for approximately $59.33.
How big of a company is Penn Virginia?
Penn Virginia has a market capitalization of $894.34 million and generates $160.05 million in revenue each year. The company earns $32.66 million in net income (profit) each year or $2.88 on an earnings per share basis. Penn Virginia employs 80 workers across the globe.
What is Penn Virginia's official website?
How can I contact Penn Virginia?
Penn Virginia's mailing address is 16285 Park Ten Place Suite 500, Houston TX, 77084. The company can be reached via phone at 713-722-6500 or via email at [email protected]
MarketBeat Community Rating for Penn Virginia (NASDAQ PVAC)
MarketBeat's community ratings are surveys of what our community members think about Penn Virginia and other stocks. Vote "Outperform" if you believe PVAC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PVAC will underperform the S&P 500 over the long term. You may vote once every thirty days.
