Penn Virginia Corporation: Has George Soros Arrived Too Late To The Party ?
- Penn Virginia has shifted its strategy from a natural gas weighted company to an Eagle Ford play.
- Thanks to this transition, the company's stock has risen more than 200% over the last 12 months.
- The company's current valuation is not a compelling buying opportunity.
- There are currently other E&P companies to invest that combine much less risk with much higher potential reward than Penn Virginia.