Energy Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

PVA March 2016 Options Begin Trading
Monday, July 20, 1:39 PM ET, by Market News Video Staff

Investors in Penn Virginia Corp. (PVA) saw new options begin trading today, for the March ...

Cobalt International Energy (CIE) Shares Enter Oversold Territory
Wednesday, July 22, 11:30 AM ET, by Market News Video Staff

In trading on Wednesday, shares of Cobalt International Energy Inc. (CIE) entered into oversold territory, ...

Interesting CIE Put And Call Options For September 18th
Thursday, July 23, 10:42 AM ET, by Market News Video Staff

Investors in Cobalt International Energy Inc. (CIE) saw new options become available this week, for ...

Short Interest Declines 10.3% For CIE
Tuesday, July 28, 4:57 PM ET, by Market News Video Staff

The most recent short interest data has been released by the NASDAQ for the 07/15/2015 ...

Short Interest Declines 10.3% For CIE
Wednesday, July 29, 10:20 AM ET, by Market News Video Staff

The most recent short interest data has been released by the NASDAQ for the 07/15/2015 ...

  More articles:  1 2 3 4 5 6 7 next »

Snatch This Bargain Energy Stock With 4.2% Yield Even Cheaper Than CFO Hartman Did

By Energy Stock Channel Staff, Friday, November 18, 11:35 AM ET
Play Video: One Reason For Insiders to Buy

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on August 18, Penn Virginia Corp.'s CFO, Steven A. Hartman, invested $9,000.00 into 1,000 shares of PVA, for a cost per share of $9.00. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.

In trading on Friday, bargain hunters could buy shares of Penn Virginia Corp. (NYSE:PVA) and achieve a cost basis 42.0% cheaper than Hartman, with shares changing hands as low as $5.22 per share. It should be noted that Hartman has collected $0.06/share in dividends since the time of their purchase, so they are currently down 41.3% on their purchase from a total return basis. Penn Virginia Corp. shares are currently trading off about 0.8% on the day. The chart below shows the one year performance of PVA shares, versus its 200 day moving average:

Penn Virginia Corp. Chart

Looking at the chart above, PVA's low point in its 52 week range is $4.35 per share, with $18.80 as the 52 week high point that compares with a last trade of $5.31. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
08/18/2011 Steven A. Hartman Sr. VP and CFO 1,000 $9.00 $9,000.00

The current annualized dividend paid by Penn Virginia Corp. is $0.22/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/04/2011. Below is a long-term dividend history chart for PVA, which can be of good help in judging whether the most recent dividend with approx. 4.2% annualized yield is likely to continue.

According to the ETF Finder at ETF Channel, PVA makes up 1.34% of the S&P SmallCap Energy Portfolio ETF (NASDAQ:PSCE) which is trading lower by about 0.1% on the day Friday.

See what other ETFs contain PVA
See what other stocks are held by PSCE

PVA operates in the Oil & Gas Exploration & Production sector, among companies like Energen Corp. (NYSE:EGN) which is up about 0.1% today, and Cobalt International Energy Inc. (NYSE:CIE) trading higher by about 3.5%. Below is a three month price history chart comparing the stock performance of PVA, versus EGN and CIE.

PVA,EGN,CIE Relative Performance Chart


The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.

This Article's Word Cloud:   Bargain   Below   Corp   Energy   Friday   Hartman   NYSE   PSCE   Penn   Portfolio   Steven   Virginia   about   annualized   asset   below   buying   cash   chart   cost   currently   designed   dividend   escape   fillColor   history   hunters   insider   last   like   only   performance   portfolio   purchase   reason   recent   share   shares   stock   stocks   that   their   there   they   this   trading   versus   what   which   with

Snatch This Bargain Energy Stock With 4.2% Yield Even Cheaper Than CFO Hartman Did | | Copyright © 2010 - 2015, All Rights Reserved

Nothing in Energy Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and energy stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Energy Stock Channel; Meet Our Editorial Staff.