Penn Virginia Corporation (PVAC) to Release Earnings on Wednesday
Penn Virginia Corporation (NASDAQ:PVAC) will release its earnings data after the market closes on Wednesday, November 8th. Analysts expect Penn Virginia Corporation to post earnings of $0.59 per share for the quarter.
Penn Virginia Corporation (PVAC) opened at 38.97 on Wednesday. The company’s 50-day moving average is $40.25 and its 200-day moving average is $40.19. The firm has a market capitalization of $584.24 million and a P/E ratio of 1.79. Penn Virginia Corporation has a one year low of $15.00 and a one year high of $61.97.
Several equities research analysts have recently issued reports on the company. Zacks Investment Research raised Penn Virginia Corporation from a “hold” rating to a “strong-buy” rating and set a $44.00 target price for the company in a research report on Tuesday, August 15th. Capital One Financial Corporation raised Penn Virginia Corporation from an “equal weight” rating to an “overweight” rating in a research report on Monday, July 31st. Finally, Northland Securities reaffirmed a “buy” rating and set a $63.00 target price on shares of Penn Virginia Corporation in a research report on Tuesday, September 5th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $52.00.
In other Penn Virginia Corporation news, insider Harry Quarls bought 5,000 shares of the firm’s stock in a transaction dated Thursday, August 17th. The stock was purchased at an average cost of $38.73 per share, with a total value of $193,650.00. Following the transaction, the insider now directly owns 28,227 shares in the company, valued at approximately $1,093,231.71. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Penn Virginia Corporation Company Profile
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. The company primarily operates wells in the Eagle Ford Shale field in South Texas. It also has operations in the Granite Wash in Oklahoma.
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