Penn Virginia Corp.

RADNOR, Pa., June 10, 2014 (GLOBE NEWSWIRE) -- Penn Virginia Corp. (NYSE:PVA) announced today that it intends to offer, subject to market and other conditions, 2,500,000 depositary shares, each representing a 1/100th interest in a share of Series B convertible perpetual preferred stock with a liquidation preference of $10,000 per share (the [...]

RADNOR, Pa., June 2, 2014 (GLOBE NEWSWIRE) -- Penn Virginia Corp. (NYSE:PVA) today announced that it has entered into a definitive agreement to sell its Mississippi assets to an undisclosed buyer for gross cash proceeds of $72.7 million. The sale is expected to close in July 2014 and is subject to customary purchase price adjustments and other [...]

RADNOR, Pa., May 21, 2014 (GLOBE NEWSWIRE) -- Penn Virginia Corp. (NYSE:PVA) today announced that it will participate in five upcoming investor conferences. PVA will participate in Brean Capital's 2014 Global Resources & Infrastructure Conference in New York on Wednesday, May 28, 2014. James W. Dean, Vice President, Corporate Development, will [...]

First Quarter Adjusted EBITDAX of $94 Million on Record Oil Production Strong Results From Second Upper Eagle Ford Test Well Eagle Ford Net Acreage Increased to Approximately 86,000 Acres Drilling Inventory Increased Significantly to Approximately 1,510 Locations RADNOR, Pa., May 12, 2014 (GLOBE NEWSWIRE) -- Penn Virginia Corp. (NYSE:PVA) today [...]

RADNOR, Pa., April 28, 2014 (GLOBE NEWSWIRE) -- Penn Virginia Corp. (NYSE:PVA) today announced that it will release its first quarter 2014 results after the market closes on Monday, May 12, 2014 and hold a conference call / webcast on Tuesday, May 13, 2014 at 10:00 a.m. ET. The full text of the first quarter earnings release and a link to the [...]

RADNOR, Pa., March 21, 2014 (GLOBE NEWSWIRE) -- The Board of Directors of Penn Virginia Corp. (NYSE:PVA) has declared a regular quarterly cash dividend of $150.00 per share on its 6.00 percent Series A convertible preferred stock. As a result, on April 15, 2014, a dividend of $1.50 per depositary share, each representing a 1/100th interest in a [...]

RADNOR, Pa., Feb. 28, 2014 (GLOBE NEWSWIRE) -- In a press release issued earlier today by Penn Virginia Corp. (NYSE:PVA), there was an error in the headline. The correct headline reads: "Penn Virginia Corp. Announces Upcoming Investor Conferences." The full press release follows: Penn Virginia Corp. (NYSE:PVA) today announced that it will [...]

RADNOR, Pa., Feb. 28, 2014 (GLOBE NEWSWIRE) -- Penn Virginia Corp. (NYSE:PVA) today announced that it will participate in three upcoming investor conferences. PVA will participate in Wells Fargo's 5th Annual Exploration & Production 1x1 Forum in Boston on Thursday, March 6, 2014. Steven A. Hartman, Senior Vice President and Chief Financial [...]

2014 OIL PRODUCTION GROWTH EXPECTED TO BE 66 TO 78 PERCENT 2013 ADJUSTED EBITDAX OF $342 MILLION AND FOURTH QUARTER ADJUSTED EBITDAX OF $84 MILLION 2014 ADJUSTED EBITDAX EXPECTED TO BE $440 TO $485 MILLION PRO FORMA YEAR-END 2013 FINANCIAL LIQUIDITY OF APPROXIMATELY $340 MILLION 62 PERCENT OF 2014 OIL PRODUCTION GUIDANCE MIDPOINT HEDGED AT [...]

CONTINUED EXCELLENT DRILLING RESULTS IN THE EAGLE FORD SHALE EAGLE FORD SHALE PROVED RESERVES INCREASED BY 189 PERCENT TO 55 PERCENT OF TOTAL PROVED RESERVES PROVED OIL RESERVES INCREASED BY 144 PERCENT TO 45 PERCENT OF TOTAL PROVED RESERVES OIL / NGLS WERE 68 PERCENT OF PRODUCTION AND 90 PERCENT OF PRODUCT REVENUES IN THE FOURTH QUARTER [...]