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Enter Symbol:
Penn Virginia Corporation (PVA) [hlAlert]

down 97.64 %

Penn Virginia Corporation (PVA) rated Buy

Posted on: Monday,  Nov 19, 2007  9:25 AM ET by Fortis Bank

Fortis Bank rated Buy Penn Virginia Corporation (NYSE: PVA) on 11/19/2007. Previously Fortis Bank rated Buy Penn Virginia Corporation (NYSE: PVA) on
08/06/2007., when the stock price was $39.46. Since then, Penn Virginia Corporation has lost 97.64% as of 08/31/2015's recent price of $0.93.
If you would have followed the previous Fortis Bank's recommendation on PVA, you would have lost 97.64% of your investment in 2947 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.

We are a global asset manager, offering investment solutions to clients in many different segments and markets. First and foremost, we are an active manager: we aim to deliver superior returns to our clients by making considered investment decisions based upon our own research. As well as seeking out the most rewarding top-down and bottom-up sources of returns, our investment centres carefully manage the risk in their portfolios. Risk budgeting and risk allocation are key elements in all of our investment strategies. We implement our strategies through model portfolios, which are adjusted in line with the investment objectives and constraints of individual clients. Intelligent implementation is an important determinant of final performance.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/19/2007 9:25 AM Buy
46.16 49.00
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
8/6/2007 11:25 AM Buy
39.46 49.00

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