The price/operating cash flow metric for Penn Virginia Corp is higher than merely 3.86% of stocks in our set with a positive cash flow.
Of note is the ratio of Penn Virginia Corp's sales and general administrative expense to its total operating expenses; merely 3.92% of US stocks have a lower such ratio.
Penn Virginia Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 30.19%, greater than the shareholder yield of 92.16% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Penn Virginia Corp are MUR, ARLP, SBOW, BRY, and SM.
Penn Virginia Corporation, an independent oil and gas company, engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas in various onshore regions of the United States. The company primarily operates wells in the Eagle Ford Shale field in South Texas. It also has operations in the Granite Wash in Oklahoma. The company was founded in 1882 and is based in Radnor, Pennsylvania.
PVAC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Penn Virginia Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Penn Virginia Corp ranked in the 91th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Penn Virginia Corp ended up being:
The compound growth rate in the free cash flow of Penn Virginia Corp over the past 2.99 years is 0.88%; that's higher than 84.44% of free cash flow generating stocks in the Energy sector.
21% of the company's capital comes from equity, which is greater than merely 7.15% of stocks in our cash flow based forecasting set.
Penn Virginia Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -4.26. This coverage rate is greater than that of merely 13.67% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PVAC, try CPG, GPP, GLOP, BASX, and HP.
Penn Virginia (PVAC) appears to be on track to reduce its debt by a substantial amount over the second half of 2020. It may be able to pay down its debt by around $80 million over the second half of the year, giving it a decent amount of room under...
Elephant Analytics on Seeking Alpha | October 2, 2020
This is a Z4 Research (Zman's Energy Brain ~ oil, gas, stocks, etc...) company call note. The basic story is unchanged. Magnolia is an oily Eagle Ford player designed to yield free cash flow in a variety of price environments. They target spending 60% of EBITDAX in any given year....
Steve Zachritz on Seeking Alpha | September 21, 2020
Penn Virginia Corporation ("Penn Virginia" or the "Company") (PVAC) today announced the resignation of Brian Steck from Penn Virginia's Board of Directors effective June 26, 2020, following a reduction of Mangrove Partners' holdings in the Company. Mr. Steck's resignation was not the result of any disagreements with the Company.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]