Penn Virginia is an independent oil and gas company engaged in the onshore exploration, development and production of crude oil, natural gas liquids (NGLs) and natural gas. Co.'s operations consist primarily of drilling unconventional horizontal development wells and operating its producing wells in the Eagle Ford Shale, in Gonzales, Lavaca, Fayette and DeWitt Counties in South Texas. Co. operates in one segment, which is the exploration, development and production of crude oil, NGLs and natural gas. Co. sells its oil, NGL and natural gas products using short-term floating price physical and spot market contracts. The PVAC average annual return since 2016 is shown above.
The Average Annual Return on the PVAC average annual return since 2016 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether PVAC average annual return since 2016 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PVAC average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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