Best Forestry Stocks To Buy For 2015: Penn Virginia Corporation(PVA)
Penn Virginia Corporation, an independent oil and gas company, primarily engages in the exploration and development of natural gas and oil properties in various onshore regions of the United States. The company is involved in the production and sale of natural gas, crude oil, and natural gas liquid products. It primarily focuses on developing the Eagle Ford Shale play in south Texas; and the horizontal Granite Wash play in the Mid-Continent region. The company also drills exploratory wells in the Marcellus Shale play in Pennsylvania; and has interests in the natural gas properties in the Haynesville Shale and Cotton Valley Sands in east Texas, and Selma Chalk in Mississippi. As of December 31, 2011, it had proved natural gas and oil reserves of approximately 883 billion cubic feet of natural gas equivalent; and owned approximately 1.1 million net acres of leasehold and royalty interests. The company sells its products using short-term floating price physical and spot marke t contracts. Penn Virginia Corporation was founded in 1882 and is headquartered in Radnor, Pennsylvania.
Advisors' Opinion:- [By Victor Selva]
Competitors such as Sandridge Energy Inc. (SD), Penn Virginia Corp. (PVA), Newfield Exploration Co. (NFX) also have a negative ROE. An alternative could be Cabot Oil &Gas Corp. (COG), Range Resources Corp. (RRC), SM Energy Co. (SM), Pioneer Natural Resources Co. (PXD) or Whiting Petroleum Corp (WLL), Berry Petroleum Co. (BRY), but for investors searching for a higher ratio, Continental Resources Inc. (CLR) will be the best option.
- [By Ben Levisohn]
That’s what happened today to Penn Virginia (PVA), which has popped 9.7% to $10 after SunTrust Robinson Humphrey said it was a “top takeover target this year.” Oh, they also named it as a top pick, praised its “operational excellence,” and cited numerous catalysts.
- [By Sally Jones] ng>Yield: 16.40%
Up 99% over 12 months, Penn Virginia Corporation, an independent oil and gas E&P company, has a market cap of $600.69 million; its shares were traded at around $9.20. Shares trade with a P/B of 0.67.
Guru Action: As of the second quarter of 2013, George Soros holds 1,878,242 shares valued at around $8.82 million.
PVA is a new buy for Soros who last sold out in the first quarter of 2010, selling 9,700 shares at an average price of $24.89, for a loss of 63%.
In the second quarter of 2013, Soros made a gain of 108.6% on his new buy of 1,878,242 shares at an average price of $4.41.
Over his trading history, he has averaged a gain of 109% on 1,878,242 shares bought at an average price of $4.41
Track historical pricing, revenue and net income:
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Macquarie Infrastructure Company LLC (MIC)
Yield: 5.33%
Up 26% over 12 months, Macquarie Infrastructure Company LLC, an industrial distributio n company, has a market cap of $2.95 billion; its shares were traded at around $55.13. Shares trade with a P/E of 641.00.
Guru Action: As of the second quarter of 2013, George Soros holds 25,000 shares valued at around $1.33 million.
In the second quarter, he reduced his position by 13.76%, selling 3,989 shares at an average price of $54.9, for a gain of 0.4%.
In six quarters he has bought 28,989 shares at an average price of $49.71, for a gain of 11%. He gained 0% selling 3,989 shares at an average price of $54.9.
Track historical pricing, revenue and net income:
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STMicroelectronics NV (STM)
Yield: 4.67%
Up 28% over 12 months, STMicroelectronics NV, a semiconductor company, has a market cap of $6.77 billion; its shares were traded at around $7.60. Shares trade with a P/B of 1.20.
Guru Action: As of the second quarter of 2013, George Soros holds 1,766,666 shares valued at around $15.88 million.
STM is a new hold
- [By Joh! n Udovich]
Yesterday, small cap oil and gas stock Penn Virginia Corporation (NYSE: PVA) surged 14.84% after reporting earnings and was also rising close to 6% inpre-market trading meaning it might be worth taking a closer look at the small cap along with the performance of ETF peers IQ Global Oil Small Cap ETF (NYSEARCA: IOIL) and PowerShares S&P SmallCap Energy Portfolio (NASDAQ: PSCE). After all, a look at the longer term chart of Penn Virginia Corporation does not reveal a pretty picture for investors over the long haul.
source from USA Best Stocks:http://www.usabeststocks.com/best-forestry-stocks-to-buy-for-2015-2.html
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