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 ROCC stock yearly return is shown above.
The yearly return on the ROCC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2018 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ROCC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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