NASDAQ:PVAC - Penn Virginia Stock Price, Forecast & News

Penn Virginia trades on the NASDAQ under the ticker symbol "PVAC."

Penn Virginia Co. (NASDAQ:PVAC) issued its quarterly earnings data on Thursday, November, 7th. The company reported $1.97 EPS for the quarter, topping analysts' consensus estimates of $1.89 by $0.08. The business had revenue of $119.30 million for the quarter, compared to analyst estimates of $121.18 million. Penn Virginia had a net margin of 56.77% and a return on equity of 29.06%. View Penn Virginia's Earnings History.

Penn Virginia is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Penn Virginia.

3 analysts have issued 1-year price targets for Penn Virginia's stock. Their forecasts range from $54.00 to $67.00. On average, they anticipate Penn Virginia's stock price to reach $60.50 in the next year. This suggests a possible upside of 243.4% from the stock's current price. View Analyst Price Targets 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.

News coverage about PVAC stock has trended very negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing 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 coverage optimism score of -3.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Penn Virginia.

Penn Virginia saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 1,420,000 shares, a drop of 5.3% from the January 15th total of 1,500,000 shares. Based on an average daily trading volume, of 185,100 shares, the days-to-cover ratio is currently 7.7 days. Currently, 9.5% of the shares of the company are short sold. View Penn Virginia's Current Options Chain.

Some companies that are related to Penn Virginia include Talos Energy (TALO), SM Energy (SM), Southwestern Energy (SWN), Brigham Minerals (MNRL), Chesapeake Energy (CHK), Range Resources (RRC), Centennial Resource Development (CDEV), Kimbell Royalty Partners (KRP), Carrizo Oil & Gas (CRZO), Oasis Petroleum (OAS), SUNDANCE ENERGY/S (SNDE), Callon Petroleum (CPE), QEP Resources (QEP), GENEL ENERGY PL/ADR (GEGYY) and Berry Petroleum (BRY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Penn Virginia investors own include Energy Transfer LP Unit (ET), Martin Midstream Partners (MMLP), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), ChemoCentryx (CCXI), NetApp (NTAP), Steel Dynamics (STLD), Boeing (BA) and Chemours (CC).

Penn Virginia's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Westwood Holdings Group Inc. (5.01%), State Street Corp (4.03%), Royce & Associates LP (2.38%), Contrarian Capital Management L.L.C. (1.93%), Caymus Capital Partners L.P. (1.28%) and Bank of New York Mellon Corp (1.09%). Company insiders that own Penn Virginia stock include Diversified Asset Manageme Kls, John A Brooks, Mangrove Partners Master Fund,, Steven A Hartman, Strategic Value Partners, Llc and Tammy Hinkle. View Institutional Ownership Trends for Penn Virginia.

PVAC stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Oaktree Capital Management LP, Walthausen & Co. LLC, Contrarian Capital Management L.L.C., Stifel Financial Corp, Bank of New York Mellon Corp, Renaissance Technologies LLC and State of Tennessee Treasury Department. Company insiders that have sold Penn Virginia company stock in the last year include Steven A Hartman and Strategic Value Partners, Llc. View Insider Buying and Selling for Penn Virginia.

PVAC stock was purchased by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Marshall Wace LLP, Schroder Investment Management Group, Hawk Ridge Capital Management LP, 1492 Capital Management LLC, State Street Corp, Caymus Capital Partners L.P. and California Public Employees Retirement System. Company insiders that have bought Penn Virginia stock in the last two years include John A Brooks and Mangrove Partners Master Fund,. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of PVAC stock can currently be purchased for approximately $17.62.

Penn Virginia has a market capitalization of $266.41 million and generates $440.83 million in revenue each year. The company earns $224.79 million in net income (profit) each year or $9.19 on an earnings per share basis. Penn Virginia employs 95 workers across the globe.View Additional Information About Penn Virginia.

The official website for Penn Virginia is http://www.pennvirginia.com/.

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]