Penn Virginia Corporation

Houston, United States Founded: 1882 • Age: 144 yrs Acquired By Denbury
Fracking-based oil gas exploration and production company

About Penn Virginia Corporation

Penn Virginia Corporation is a company based in Houston (United States) founded in 1882 was acquired by Denbury in October 2018.. Penn Virginia Corporation has completed 1 acquisition, including Lonestar.

  • Headquarter Houston, United States
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $188.4 M (USD), Post-IPO

    Nov 03, 2020

  • Investors
    Wells Fargo

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Denbury

    (Oct 28, 2018)

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People of Penn Virginia Corporation
Headcount 1-10
Employee Profiles 13
Employee Profiles
People
Gary Permian
Senior Vice President, Development
People
Camilo Arias
Drilling Manager
People
Cameron Luke
Land Technician
People
Joanne Marasigan
Land Technician

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Funding Insights of Penn Virginia Corporation

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $188.4M
  • First Round

    (12 Sep 2016)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2020 Amount Post-IPO - Penn Virginia Corporation Valuation

investors

Sep, 2016 Amount Debt – Conventional - Penn Virginia Corporation Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Penn Virginia Corporation

Penn Virginia Corporation has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Wells Fargo, Denbury and Juniper Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Diverse financial services and online banking are provided to clients.
Founded Year Domain Location
Private equity capital is provided to middle-market oil and gas companies.
Founded Year Domain Location
Provider of natural gas exploration and production services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Penn Virginia Corporation

Penn Virginia Corporation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lonestar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Advocate for Chinese American civil rights and cultural preservation
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Penn Virginia Corporation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Penn Virginia Corporation Comparisons

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Competitors of Penn Virginia Corporation

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Penn Virginia Corporation

Frequently Asked Questions about Penn Virginia Corporation

When was Penn Virginia Corporation founded?

Penn Virginia Corporation was founded in 1882 and raised its 1st funding round 134 years after it was founded.

Where is Penn Virginia Corporation located?

Penn Virginia Corporation is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

What does Penn Virginia Corporation do?

Penn Virginia Corporation was founded in 1882 and is headquartered in Houston, Texas. Operations center on oil and gas exploration and production in domestic onshore areas of the United States, with emphasis on fracking technology. A closed-loop drilling system is employed, where flowback fluids are stored in steel tanks for waste management. Hunt Oil was acquired by the company in January 2018.

How many acquisitions has Penn Virginia Corporation made?

Penn Virginia Corporation has made 1 acquisition, including Lonestar.

Who are Penn Virginia Corporation's investors?

Penn Virginia Corporation has 3 investors. Key investors include Wells Fargo, Denbury, and Juniper Capital.

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