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Stock Market & Financial Investment News

News Breaks
January 29, 2013
07:11 EDTPVAPenn Virginia reports Q4 production 1.4MMBOE
Reports Q4 production of 1.4 MMBOE, or 15,444 barrels of oil equivalent per day, compared to 1.4 MMBOE, or 15,245 BOEPD, pro forma to exclude production from Appalachian assets sold in July 2012. Eagle Ford Shale net production was approximately 6,900 BOEPD in the fourth quarter of 2012, compared to approximately 6,300 BOEPD. Oil and NGL production was 56% of quarterly production, compared to 52%.
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July 30, 2014
18:54 EDTPVAOn The Fly: After Hours Movers
UP AFTER EARNINGS: VistaPrint (VPRT), up 20.6% after reporting better than expected quarterly results and guiding fiscal 2015 higher than analyst estimates... Mobileiron (MOBL), up 16.5%... LivePerson (LPSN), up 10.6%... Equinix (EQIX), up 1.1%... Whiting Petroleum (WLL), up 1.2%. DOWN AFTER EARNINGS: Glu Mobile (GLUU), down 9.9% after reporting second quarter results and that it will acquire Cie Games for $100M in cash and stock... ServiceNow (NOW), down 5.8%... Akamai (AKAM), down 5.3%... Westell Technologies (WSTL), down 7.5%... Solazyme (SZYM), down 4%... Whole Foods (WFM), down 3.4% after reporting third quarter results and guidance for the fourth quarter and fiscal 2014... Kraft Foods (KRFT), down 1.6%... Lam Research (LRCX), down 1.6%... Yelp (YELP), reverses in after-hours trading and shares are down marginally after reporting a decline in newly added businesses. ALSO LOWER: Penn Virginia (PVA), down 2.1% after announcing that it has sold Eagle Ford Shale acreage rights for $150M... Yum! Brands (YUM), down 5.6% after saying that OSI had a "significant, negative impact" to its sales in China.
17:08 EDTPVAPenn Virginia announces sale of Eagle Ford rights for $150M
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16:53 EDTPVAPenn Virginia announces agreements to construct, operate oil gathering system
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16:40 EDTPVAPenn Virginia reports Q2 EPS (7c), consensus (3c)
Reports Q2 revenue $139.4M, consensus $149.6M. Q2 production from Eagle Ford Shale operations increased six percent to 15,618 barrels of oil equivalent per day compared to 14,761 BOEPD in the prior quarter. 2014 capital expenditures are expected to range between $762M-$808M. 2014 production is expected to range between approximately 8.8 and 9.2 MMBOE.
July 17, 2014
07:10 EDTPVAPenn Virginia outlook has improved, says Stifel
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