RBC Capital reiterated coverage on Penn Virginia with a new price target
$PVAC
Oil & Gas Production
Energy
RBC Capital reiterated coverage of Penn Virginia with a rating of Sector Perform and set a new price target of $21.00
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4 - PENN VIRGINIA CORP (0000077159) (Issuer)
4 - PENN VIRGINIA CORP (0000077159) (Issuer)
4 - PENN VIRGINIA CORP (0000077159) (Issuer)
RBC Capital reiterated coverage of Penn Virginia with a rating of Sector Perform and set a new price target of $21.00
Company Repurchases Approximately 463,000 Shares As Balance Sheet Continues To StrengthenHOUSTON, TX / ACCESSWIRE / June 2, 2022 / Ranger Oil Corporation ("Ranger" or the "Company") (NASDAQ:ROCC) today announced that its borrowing base under its revolving credit facility was increased 20% to $875 million. Ranger's elected commitment under the facility remains at $400 million. This is the second announced increase this year for a total of approximately 45%.Darrin Henke, President and CEO said, "Ranger sits in an enviable position today with a strong capital structure, deep inventory of high-return opportunities, significant free cash flow and ample liquidity to execute our business plan throu
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