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Penn Virginia Corporation (PVA) [hlAlert]

down 80.54 %

Penn Virginia Corporation (PVA) upgraded to Buy with price target $6.50 by Stifel Nicolaus

Posted on: Tuesday,  Nov 6, 2012  9:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy Penn Virginia Corporation (NYSE: PVA) on 11/06/2012, when the stock price was $4.78. Since
then, Penn Virginia Corporation has lost 80.54% as of 08/31/2015's recent price of $0.93.
If you would have followed this Stifel Nicolaus's recommendation on PVA, you would have lost 80.54% of your investment in 1028 days.

Penn Virginia Corporation is an independent oil and gas company primarily engaged in the development, exploration and production of natural gas and oil in various domestic onshore regions including East Texas, the Mid-Continent, Appalachia, Mississippi and the Gulf Coast. The Company also indirectly owns partner interests in Penn Virginia Resource Partners, L.P. (PVR). The Company?s ownership interests in PVR are held principally through its general partner interest and its 77% limited partner interest in Penn Virginia GP Holdings, L.P. (PVG). The Company is engaged in three business segments: oil and gas, coal and natural resource management and natural gas midstream. The Company operates its oil and gas segment. PVR operates the coal and natural resource management and natural gas midstream segments.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/6/2012 9:25 AM Buy
4.78 6.50
as of 12/31/2012
1 Week down  -3.71 %
1 Month down  -0.45 %
3 Months down  -7.74 %
1 YTD up  15.13 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2012 8:25 AM Hold
2/13/2012 8:25 AM Buy
5.21 7.00
6/29/2011 8:25 AM Buy
13.63 18.00
8/5/2010 9:25 AM Buy
17.66 25.00
10/12/2009 9:25 AM Buy
24.00 30.00

(*) Stock Price at the time of the recommendation.
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