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
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:PVAC
CUSIPN/A
Phone713-722-6500
Debt
Debt-to-Equity Ratio1.67
Current Ratio0.52
Quick Ratio0.52
Price-To-Earnings
Trailing P/E Ratio28.89
Forward P/E Ratio9.01
P/E GrowthN/A
Sales & Book Value
Annual Sales$160.05 million
Price / Sales7.83
Cash Flow$6.4205 per share
Price / Cash12.96
Book Value$14.77 per share
Price / Book5.63
Profitability
EPS (Most Recent Fiscal Year)$2.88
Net Income$32.66 million
Net Margins7.35%
Return on Equity24.78%
Return on Assets9.92%
Miscellaneous
Employees80
Outstanding Shares15,060,000
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) released its earnings results on Wednesday, May, 9th. The company reported $1.48 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.06 by $0.42. The firm earned $77.21 million during the quarter, compared to the consensus estimate of $69.60 million. Penn Virginia had a net margin of 7.35% and a return on equity of 24.78%. View Penn Virginia's Earnings History.
When is Penn Virginia's next earnings date?
What price target have analysts set for PVAC?
4 analysts have issued 12 month target prices for Penn Virginia's shares. Their forecasts range from $63.00 to $108.00. On average, they expect Penn Virginia's share price to reach $85.50 in the next twelve months. View Analyst Ratings for Penn Virginia.
Who are some of Penn Virginia's key competitors?
Some companies that are related to Penn Virginia include Centennial Resource Development (CDEV), Whiting Petroleum (WLL), Chesapeake Energy (CHK), Range Resources (RRC), Oasis Petroleum (OAS), PDC Energy (PDCE), Crescent Point Energy (CPG), CNX Resources (CNX), Black Stone Minerals (BSM), ARC Resources (AETUF), Viper Energy Partners (VNOM), Matador Resources (MTDR), Kosmos Energy (KOS), Southwestern Energy (SWN) and Enerplus (ERF).
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, VP of Operations
- Ms. Tammy Hinkle, VP, Controller & Principal Accounting Officer
- Mr. Stephen R. Milbourne, Director, Investor Relations
Has Penn Virginia been receiving favorable news coverage?
News articles about PVAC stock have been trending somewhat negative recently, according to Accern. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Penn Virginia earned a coverage optimism score of -0.04 on Accern's scale. They also assigned press coverage about the company an impact score of 48.87 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Penn Virginia's major shareholders?
Penn Virginia's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Contrarian Capital Management L.L.C. (7.65%), BlackRock Inc. (6.17%), KLS DIVERSIFIED ASSET MANAGEMENT LP (5.80%), ENCOMPASS CAPITAL ADVISORS LLC (5.40%), MORGAN STANLEY (5.00%) and KLS DIVERSIFIED ASSET MANAGEMENT LP (4.70%). Company insiders that own Penn Virginia stock include Diversified Asset Manageme Kls, Harry Quarls and Tammy Hinkle. View Institutional Ownership Trends for Penn Virginia.
Which institutional investors are selling Penn Virginia stock?
PVAC stock was sold by a variety of institutional investors in the last quarter, including Wexford Capital LP, BNP Paribas Arbitrage SA, Highbridge Capital Management LLC, Russell Investments Group Ltd. and Northern Trust 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 institutional investors are buying Penn Virginia stock?
PVAC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, New Generation Advisors LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Earnest Partners LLC, Dalton Greiner Hartman Maher & Co. and ETF Managers Group LLC. 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 $83.21.
How big of a company is Penn Virginia?
Penn Virginia has a market capitalization of $1.20 billion 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.
How can I contact Penn Virginia?
Penn Virginia's mailing address is 14701 St. Marys Lane Suite 275, Houston TX, 77079. The company can be reached via phone at 713-722-6500 or via email at [email protected]
MarketBeat Community Rating for Penn Virginia (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.
