Penn Virginia (PVA) Posts Q2 Loss of $1.19/Share

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Penn Virginia Corporation Announces Second Quarter 2015 Results and Provides Updates of 2015 Guidance and Operations

July 29, 2015 4:06 PM EDT

RADNOR, Pa., July 29, 2015 (GLOBE NEWSWIRE) -- Penn Virginia Corporation (NYSE: PVA) today reported financial results for the three months ended June 30, 2015 and provided updates of its operations and 2015 capital plan and guidance.

Key Highlights

Second quarter 2015 results compared, as applicable, to first quarter 2015 results were as follows:

Product revenues increased to $118.0 million from $110.6 million, including oil and gas derivatives. Realized oil, gas and natural gas liquids (NGLs) prices were $82.44 per barrel, $2.54 per thousand cubic feet (Mcf) and $13.53 per barrel, compared to $71.79 per barrel, $3.14 per Mcf and... More