Process Value Analysis (PVA)

Type: Public
On the web: http://www.pennvirginia.com
Employees: 392
Employee growth: 24.8%

Incorporated in Virginia and based in Pennsylvania, Penn Virginia is an oil and gas exploration and production company operating primarily in the Appalachian area of the US. It also explores in East Texas, Mississippi, and the Gulf Coast. The company has proved reserves of 916 billion cu. ft. of natural gas equivalent, and holds working interests in 282 gross wells, sells mostly on the spot market. It also has interests in coal (which it leases to other operators) and timber properties through 44%-owned Penn Virginia Resource Partners, which it spun off in 2001.

Key numbers for fiscal year ending December, 2008:
Sales: $1,220.9M
One year growth: 43.1%
Net income: $124.2M
Income growth: 144.6%

Officers:
Chairman: Robert (Rob) Garrett
President, CEO, and Director: A. James (Jim) Dearlove
EVP and COO; President, Penn Virginia Oil and Gas: H. Baird Whitehead

Competitors:
Cabot Oil & Gas
EQT Corporation
Peabody Energy

Analytical method of identifying all activities and relating them to the events that cause or drive the need for the activities and the resources consumed.