Penn Virginia (NASDAQ:PVAC) is set to release its earnings data after the market closes on Wednesday, August 7th. Analysts expect Penn Virginia to post earnings of $1.95 per share for the quarter.
Penn Virginia (NASDAQ:PVAC) last released its quarterly earnings data on Thursday, May 9th. The company reported $2.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.84 by $0.41. The business had revenue of $105.23 million during the quarter, compared to analysts’ expectations of $107.56 million. Penn Virginia had a return on equity of 45.92% and a net margin of 37.49%. On average, analysts expect Penn Virginia to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.
NASDAQ:PVAC opened at $31.04 on Tuesday. The business’s 50-day simple moving average is $30.80. The firm has a market cap of $481.92 million, a PE ratio of 3.38 and a beta of 1.33. Penn Virginia has a 1 year low of $27.33 and a 1 year high of $89.62. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 1.26.
About Penn Virginia
Penn Virginia Corporation, an independent oil and gas company, engages in the onshore exploration, development, and production of crude oil, natural gas liquids, and natural gas in the United States. It primarily operates wells in the Eagle Ford Shale field in South Texas. As of December 31, 2018, it had total proved reserves of approximately 123 million barrels of oil equivalent; and 460 gross productive wells, as well as owned approximately 98,200 gross acres of leasehold and royalty interests.
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