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PVAC News and Press, Penn Virginia Corporation From 07/12/21

Stock Information

Company Name: Penn Virginia Corporation
Stock Symbol: PVAC
Market: NASDAQ
Website: pennvirginia.com

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PVAC - Penn Virginia Announces Agreement to Acquire Lonestar Resources 

Continues Accretive Eagle Ford Consolidation Complementary Assets, Increased Scale, Free Cash Flow and Inventory HOUSTON, July 12, 2021 (GLOBE NEWSWIRE) -- Penn Virginia Corporation ("Penn Virginia" or the "Company") (NASDAQ: PVAC) and Lonestar Resources US Inc. (“Lonestar&#x...

PVAC - Penn Virginia: Improved Commodity Prices Could Allow It To Issue New Unsecured Notes At Reasonable Interest Rates

Penn Virginia's value is estimated at $23 per share in a long-term $65 WTI oil environment. Essentially all of its 500 gross locations should provide solid well-level returns at that oil price. Penn Virginia's net debt should fall below 1.0x unhedged EBITDAX at $65 WTI oil by the ...

PVAC - GasLog Partners, SenesTech lead energy gainers; IKONICS, Smart Sand among major losers

Gainers: GasLog Partners (GLOP) +25%, SenesTech (SNES) +14%, Orbital Energy Group (OEG) +7%, Caledonia Mining (CMCL) +5%.Losers: IKONICS (IKNX) -12%, Smart Sand (SND) -10%, Penn Virginia (PVAC) -10%, Exterran (EXTN) -10%, PHX Minerals (PH...

PVAC - Shares of Penn Virginia Corporation (PVAC) Rise to a New 52-Week High

Shares of Penn Virginia Corporation (NASDAQ:PVAC) traded today at $25.30, eclipsing its 52-week high. This new high was reached on below average trading volume as 122,000 shares traded hands, while the average 30-day volume is approximately 477,000 shares. In the past 52 weeks, shares of...

PVAC - Penn Virginia Corporation: 52-Week High Recently Eclipsed (PVAC)

Shares of Penn Virginia Corporation (NASDAQ:PVAC) traded at a new 52-week high today of $24.28. This new high was reached on below average trading volume as 122,000 shares traded hands, while the average 30-day volume is approximately 478,000 shares. Penn Virginia Corporation (NASDAQ:PVA...

PVAC - Penn Virginia Corporation: The Winning Streak Continues (PVAC)

Penn Virginia Corporation (NASDAQ:PVAC) traded at a new 52-week high today of $23.72. This new high was reached on below average trading volume as 122,000 shares traded hands, while the average 30-day volume is approximately 474,000 shares. Based on a current price of $23.45, Penn Virgin...

PVAC - Watch for Continued Gains in Shares of Penn Virginia Corporation (PVAC)

Shares of Penn Virginia Corporation (NASDAQ:PVAC) traded today at $21.75, eclipsing its 52-week high. This new high was reached on below average trading volume as 122,000 shares traded hands, while the average 30-day volume is approximately 477,000 shares. Penn Virginia Corp is an indepe...

PVAC - Penn Virginia: The Good Management Factor

Good management cannot be modeled. Many times, a simple linear extension is as accurate as any model when forecasting earnings. The certainty provided by many sophisticated models provides a false sense of security. Debt reduction is still on the agenda. Investors should e...

PVAC - Penn Virginia: Mr. Market Is Asleep At The Wheel

Penn Virginia common pulled back quite a bit from the highs. The outlook has not changed. The projected price to earnings ratio for 2021 is probably still less than 2. This company was solidly profitable without the impairment charge. The lease acquisitions are likely to p...

PVAC - Penn Virginia Defers Senior Unsecured Notes Offering

HOUSTON, May 07, 2021 (GLOBE NEWSWIRE) -- Penn Virginia Corporation (“Penn Virginia”) (NASDAQ: PVAC) today announced the deferral of its senior unsecured notes offering. Darrin Henke, President and Chief Executive Officer of Penn Virginia, commented, “We received ...

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