JHancock Multifactor Energy ETF
Anadarko Petroleum Ranks Seventh in Terms of Cash Flow Growth
In this article, we’ll look into the cash flow growth expectations of Anadarko Petroleum (APC).
PVAC Ranks Second in Terms of Q3 Cash Flow Growth Expectations
Penn Virginia (PVAC) ranks second among upstream companies in terms of cash flow from operations growth.
Why Penn Virginia Stock Looks Attractive
Penn Virginia (PVAC), a pure-play Eagle Ford Shale–focused exploration and production company, is trading 127% higher than its 52-week low, even after its 7.5% fall this month.
These Stocks Were the Weakest Upstream Performers Last Week
PVAC fell 16.3% last week amid weakness in crude oil and natural gas prices.
Analyzing XEC, PXD, FANG, PVAC, and EOG’s Stock Prices
Penn Virginia has risen ~48.2% YoY. EOG Resources and Diamondback Energy have increased ~37% and 33.8%, respectively, during the same period.
PVAC Was One of the First to Announce an Eagle Ford Acquisition
On March 1, Penn Virginia Corporation completed the acquisition of Eagle Ford assets located primarily in Gonzales and Lavaca Counties.
Penn Virginia Stock Mirrors Crude Oil and Natural Gas Prices
Crude oil accounted for 73% of Penn Virginia’s fiscal 2017 production, while natural gas accounted for ~17% of the total production.
Analyzing the Top 5 Upstream Energy Companies
Penn Virginia (PVAC) has the highest forecast capex growth in 2018. The company forecast a capex budget of $340 million in 2018.
Performance Comparison: FANG, XEC, PVAC, PXD, and NFX
Stock performance In this part, we’ll look at the stock performance of Diamondback Energy (FANG), Cimarex Energy (XEC), Penn Virginia (PVAC), Pioneer Natural Resources (PXD), and Newfield Exploration (NFX). These stocks reported the highest earnings per share in fiscal 2017, as we discussed in Part 3. Outliers and underperformers As shown above, Diamondback Energy (FANG) outperformed […]
These Upstream Companies Reported the Highest Earnings in 2017
Top five upstream companies based on earnings In this part, we’ll look at the five upstream companies with the highest adjusted EPS (earnings per share) in fiscal 2017. The top five were Diamondback Energy (FANG), Cimarex Energy (XEC), Penn Virginia (PVAC), Pioneer Natural Resources (PXD), and Newfield Exploration (NFX). Diamondback Energy Diamondback Energy reported adjusted EPS of $5.18 in fiscal […]