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Penn Virginia Corporation (PVA) [hlAlert]

down 98.06 %

Penn Virginia Corporation (PVA) rated Outperform with price target $65 by RBC Capital Mkts

Posted on: Thursday,  May 8, 2008  9:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Outperform Penn Virginia Corporation (NYSE: PVA) on 05/08/2008. Previously RBC Capital Mkts rated Buy Penn Virginia Corporation (NYSE: PVA)
on 11/06/2007., when the stock price was $47.99. Since then, Penn Virginia Corporation has lost 98.06% as of 08/31/2015's recent price of $0.93.
If you would have followed the previous RBC Capital Mkts's recommendation on PVA, you would have lost 98.06% of your investment in 2855 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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2009 10:25 AM Buy
18.49 50.00
as of 12/24/2008
1 Week down  -3.19 %
1 Month up  33.87 %
3 Months down  -37.91 %
1 YTD down  -67.09 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/6/2008 9:25 AM Buy
69.45 85.00
5/8/2008 9:25 AM Buy
54.32 65.00
11/6/2007 9:25 AM Buy
47.99 57.00

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