Penn Virginia (PVA) Misses Q3 EPS by 11c; Issues Prelim. FY16 Outlook

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Penn Virginia Corporation Announces Third Quarter 2015 Results

November 9, 2015 4:15 PM EST

ACTIVELY REVIEWING FINANCING AND DEBT RESTRUCTURING ALTERNATIVES

AVERAGE IP AND 30 DAY RATES UP 88% AND 59% OVER SECOND QUARTER

AVERAGE WELL COST DOWN 30% FROM SECOND QUARTER

NEW BORROWING BASE OF $275 MILLION, IN LINE WITH EXPECTATIONS

RADNOR, Pa., Nov. 9, 2015 (GLOBE NEWSWIRE) -- Penn Virginia Corporation (NYSE: PVA) today reported financial results for the three months ended September 30, 2015 and provided updates of its operations and guidance.

Key Highlights

Third quarter 2015 results compared, as applicable, to second quarter 2015 results were as... More