Penn Virginia Corp. (NYSE: PVA) reported financial results for the three months ended Sept. 30, provided updates of its operations and 2013 guidance, and provided preliminary 2014 guidance.
Third Quarter 2013 Highlights
Third quarter 2013 financial results, as compared to 2Q 2013 results, were as follows:
Recent operational highlights were as follows:
"In the third quarter, our operating cash flows and margins remained strong as a result of the continued growth in oil production, as well as lower unit operating costs. Despite this growth, our production and revenues ...