Positive Media Coverage Likely to Affect Penn Virginia (PVA) Share Price

News stories about Penn Virginia (NYSE:PVA) have been trending positive this week, AlphaOne reports. The research firm, a division of Accern, rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Penn Virginia earned a news sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also gave news coverage about the oil and gas exploration company an impact score of 75 out of 100, meaning that recent press coverage is likely to have an effect on the company’s share price in the near future.

Separately, Canaccord Genuity restated a “hold” rating and set a $49.00 price objective on shares of Penn Virginia in a research report on Friday, March 31st.

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Penn Virginia Company Profile

Penn Virginia Corporation is an independent oil and gas company. The Company is engaged in the onshore exploration, development and production of crude oil, natural gas liquids (NGLs) and natural gas. Its operations consist primarily of drilling unconventional horizontal development wells, and operating its producing wells in the Eagle Ford Shale field or the Eagle Ford, in South Texas.

5 Day Chart for NYSE:PVA

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