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Penn Virginia Corp Updates On FY 2013 EBITDA Guidance To A Range In Line With Analysts' Estimates; Raises FY 2013 Production Guidance-Conference Call


Thursday, 9 May 2013 02:00pm EDT 

Penn Virginia Corp announced that for fiscal 2013, it expects EBITDAX, which includes cash receipts from hedging, the Company is increasing guidance slightly to $300 million to $360 million and production guidance is 6.7 million to 7.3 million barrels of oil equivalent, or about 18,250 to 20,000 barrels of oil equivalent per day. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EBITDA of $311 million for fiscal 2013. 

Company Quote

7.04
-0.24 -3.30%
27 Mar 2015