Penn Virginia Lowers Q4 Production Forecast
Penn Virginia Corp (NYSE: PVA) lowered its fourth-quarter production forecast.
Penn Virginia now projects Q4 production of 10.7 to 11.0 billion cubic feet of natural gas equivalent (Bcfe), versus its previous outlook of 12.2 to 12.7 Bcfe.
Penn Virginia shares dropped 7.37% to close at $5.91 yesterday.
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