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home / news releases / PVAC - Penn Virginia: Significant Oil Production Growth Expected Throughout The Year


PVAC - Penn Virginia: Significant Oil Production Growth Expected Throughout The Year

  • 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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