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Penn Virginia Corporation (PVA) [hlAlert]

Rating:
Buy PVA
down 93.55 %

Penn Virginia Corporation (PVA) rated Buy with price target $3.75 by Canaccord Genuity

Posted on: Monday,  Aug 3, 2015  9:25 AM ET by Canaccord Genuity

Canaccord Genuity rated Buy Penn Virginia Corporation (NYSE: PVA) on 08/03/2015. Previously Canaccord Genuity rated Buy Penn Virginia Corporation (NYSE: PVA) on
05/06/2011., when the stock price was $14.43. Since then, Penn Virginia Corporation has lost 93.56% as of 08/31/2015's recent price of $0.93.
If you would have followed the previous Canaccord Genuity's recommendation on PVA, you would have lost 93.55% of your investment in 1578 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.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/3/2015 9:25 AM Buy
None
1.25 3.75
as of 8/27/2015
1 Week up  17.72 %
1 Month down  -79.28 %
3 Months down  -82.21 %
1 YTD down  -90.13 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2011 11:25 AM Buy
None
14.43 19.00
2/25/2011 11:25 AM Hold
None
16.12 16.00
1/11/2011 11:25 AM Sell
None
17.72

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