Penn Virginia (PVA) Misses Q4 EPS by 27c

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Penn Virginia Corporation Announces Fourth Quarter and Full-Year 2014 Results

February 25, 2015 4:02 PM EST

RADNOR, Pa., Feb. 25, 2015 (GLOBE NEWSWIRE) -- Penn Virginia Corporation (NYSE: PVA) today reported financial results for the three months and year ended December 31, 2014 and provided details of its 2015 guidance.

Key Highlights

Fourth quarter 2014 results compared, as applicable, to third quarter 2014 results were as follows:

As previously disclosed, production during the fourth quarter was 2.0 million barrels of oil equivalent (MMBOE), or 21,308 barrels of oil equivalent (BOE) per day (BOEPD), compared to 20,874 BOEPD, pro forma to exclude production from Mississippi properties sold in July 2014 and volumes associated with a settlement of litigation in the... More