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
SymbolNASDAQ:PVAC
CUSIPN/A
Phone713-722-6500
Debt
Debt-to-Equity Ratio1.89
Current Ratio0.46
Quick Ratio0.46
Price-To-Earnings
Trailing P/E Ratio26.39
Forward P/E Ratio7.69
P/E GrowthN/A
Sales & Book Value
Annual Sales$160.05 million
Price / Sales7.15
Cash Flow$5.8695 per share
Price / Cash12.95
Book Value$14.77 per share
Price / Book5.15
Profitability
EPS (Most Recent Fiscal Year)$2.88
Net Income$32.66 million
Net Margins-3.23%
Return on Equity36.88%
Return on Assets11.81%
Miscellaneous
Employees80
Outstanding Shares15,060,000
Market Cap$1.20 billion
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 Wednesday, August, 8th. The company reported $2.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.44 by $0.02. The business earned $111.58 million during the quarter, compared to analysts' expectations of $105.90 million. Penn Virginia had a positive return on equity of 36.88% and a negative net margin of 3.23%. View Penn Virginia's Earnings History.
When is Penn Virginia's next earnings date?
What price target have analysts set for PVAC?
3 brokerages have issued twelve-month price targets for Penn Virginia's shares. Their forecasts range from $63.00 to $110.00. On average, they expect Penn Virginia's share price to reach $93.6667 in the next year. This suggests a possible upside of 22.1% 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.
Are investors shorting Penn Virginia?
Penn Virginia saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 951,695 shares, an increase of 24.8% from the July 13th total of 762,394 shares. Based on an average trading volume of 233,106 shares, the days-to-cover ratio is presently 4.1 days. Approximately 6.4% of the company's shares are short sold. View Penn Virginia's Current Options Chain.
Who are some of Penn Virginia's key competitors?
Some companies that are related to Penn Virginia include Whiting Petroleum (WLL), Chesapeake Energy (CHK), Viper Energy Partners (VNOM), Oasis Petroleum (OAS), Range Resources (RRC), Black Stone Minerals (BSM), Matador Resources (MTDR), ARC Resources (AETUF), PDC Energy (PDCE), Crescent Point Energy (CPG), Kosmos Energy (KOS), CNX Resources (CNX), Southwestern Energy (SWN), 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
Has Penn Virginia been receiving favorable news coverage?
News coverage about PVAC stock has been trending positive on Wednesday, according to Accern Sentiment. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Penn Virginia earned a media and rumor sentiment score of 0.33 on Accern's scale. They also gave headlines about the company an impact score of 43.90 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Penn Virginia.
Who are Penn Virginia's major shareholders?
Penn Virginia's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.01%), KLS DIVERSIFIED ASSET MANAGEMENT LP (5.80%), KLS Diversified Asset Management LP (4.68%), KLS DIVERSIFIED ASSET MANAGEMENT LP (4.70%), FMR LLC (3.86%) and Dimensional Fund Advisors LP (3.43%). 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 KLS Diversified Asset Management LP, Silver Point Capital L.P., Russell Investments Group Ltd., KAMES CAPITAL plc, GSA Capital Partners LLP, Strs Ohio, Earnest Partners LLC and MetLife Investment Advisors LLC. 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., FMR LLC, Dimensional Fund Advisors LP, Hillcrest Asset Management LLC, Bank of New York Mellon Corp, Cortina Asset Management LLC, Wells Fargo & Company MN and BNP Paribas Arbitrage SA. 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 $76.73.
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 (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.
