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Stock Market & Financial Investment News

News Breaks
May 14, 2014
07:28 EDTPVAPenn Virginia weakness a buying opportunity, says Canaccord
Canaccord would be buyers of Penn Virginia following yesterday's sell-off. The firm said the company has generated solid results while driving down costs and is successfully transitioning to a liquids focused company while retaining its leverage to an improvement in natural gas prices. Shares are Buy rated and price target raised to $20 from $19.
News For PVA From The Last 14 Days
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July 29, 2015
16:39 EDTPVAPenn Virginia lowers FY15 production view to 20,700-22,600 BOEPD
Now sees production of 20,700 to 22,600 BOEPD, compared to previous guidance of 23,800 to 26,200 BOEPD, including the impact of the pending sale of East Texas assets, which is assumed to close on August 31. Product revenues, excluding the impact of any hedges, are expected to be $284M-$307M, compared to previous guidance of $320M-$350M. Adjusted EBITDAX is expected to be $285M-$310M, compared to previous guidance of $300M-$340M. Capital expenditures are expected to be $325M-$345M, compared to previous guidance of $325M-$370M.
16:37 EDTPVAPenn Virginia sees sufficient liquidity to execute remainder of 2015 program
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16:35 EDTPVAPenn Virginia reports Q2 EPS ($1.19), consensus (53c)
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July 21, 2015
09:38 EDTPVAPenn Virginia CEO retirement could increase M&A speculation, dealReporter says
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09:35 EDTPVAActive equity options trading on open
Active equity options trading on open: AAPL FB IBM TSLA BAC PVA NFLX
July 20, 2015
16:13 EDTPVAPenn Virginia CEO announces retirement
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July 16, 2015
07:58 EDTPVAPenn Virginia stock should outperform on asset sale, says SunTrust
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