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Last €1.74 EUR
Change Today +0.02 / 1.16%
Volume 0.0
PVA On Other Exchanges
As of 5:20 AM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

penn virginia corp (PVA) Snapshot

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Day High
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52 Week High
09/1/14 - €11.47
52 Week Low
07/27/15 - €1.72
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Average Volume 10 Days
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Current Stock Chart for PENN VIRGINIA CORP (PVA)

penn virginia corp (PVA) Related Businessweek News

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penn virginia corp (PVA) Details

Penn Virginia Corporation, an independent oil and gas company, explores, develops, and produces crude oil, natural gas liquids, and natural gas in various onshore regions of the United States. The company’s operations include the drilling of unconventional horizontal development wells in the Eagle Ford Shale in South Texas. It also has operations in the Granite Wash in Oklahoma, and the Haynesville Shale and Cotton Valley in East Texas. As of December 31, 2014, the company had proved oil and gas reserves of approximately 115 million barrels of oil equivalent; had 738 gross productive wells; and owned approximately 224,000 gross acres of leasehold and royalty interests. Penn Virginia Corporation was founded in 1882 and is headquartered in Radnor, Pennsylvania.

164 Employees
Last Reported Date: 07/15/15
Founded in 1882

penn virginia corp (PVA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $985.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $540.0K
Chief Operations Officer and Executive Vice P...
Total Annual Compensation: $540.0K
Chief Administrative Officer, Executive Vice ...
Total Annual Compensation: $495.0K
Compensation as of Fiscal Year 2014.

penn virginia corp (PVA) Key Developments

Penn Virginia Corporation Announces Retirement of Baird Whitehead as Chief Executive Officer and President

Penn Virginia Corporation announced that H. Baird Whitehead announced that he plans to retire as President and Chief Executive Officer after more than 14 years of service, including four years in his current position. Mr. Whitehead will continue to serve until a successor is named and the CEO transition is complete.

Lone Star Asks Penn Virginia To Consider Strategic Alternatives

Lone Star Value Management LLC, a 2.8% shareholder in Penn Virginia Corporation (NYSE:PVA), has asked Penn Virginia Corporation to consider strategic alternatives to explore "all credible proposals."

BP Bids For US Penn Virginia

BP p.l.c. (LSE:BP.) has made a bid to acquire Penn Virginia Corporation (NYSE:PVA), it has emerged. BP has offered $8 a share for Penn Virginia, which drills for oil in Texas and elsewhere in the US, and has a market capitalization of about $319.2 million, according to people familiar with the matter. Penn is understood to have rejected the offer because it believes the terms offered undervalue the company, and is holding out for at least $10 a share. It is believed rivals to BP such as Exxon Mobil Corporation (NYSE:XOM) and Chevron Corporation (NYSE:CVX) may also be interested in buying Penn Virginia.


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