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PVAC - Penn Virginia: Significant Oil Production Growth Expected Throughout The Year
March, 13 2021 05:52 AM
Penn Virginia Corporation
Penn Virginia may grow oil production by close to 20% from Q4 2020 to Q4 2021. This would reverse the trend of declining oil production since Q4 2019. Penn Virginia should also be able to generate a modest amount of positive cash flow in 2021, bringing its net debt under $350 million. Enterprise value is now over $1 billion though, so its shares aren't cheap despite its improved financial state. For further details see:
Penn Virginia: Significant Oil Production Growth Expected Throughout The Year
Stock Information
Company Name:
Penn Virginia Corporation
Stock Symbol:
PVAC
Market:
NASDAQ
Website:
pennvirginia.com
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