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Parsley Energy Inc (PE.N)

PE.N on New York Stock Exchange

26.58USD
11 Dec 2017
Change (% chg)

$0.48 (+1.84%)
Prev Close
$26.10
Open
$26.05
Day's High
$26.75
Day's Low
$26.05
Volume
571,132
Avg. Vol
1,009,803
52-wk High
$38.18
52-wk Low
$22.99

Latest Key Developments (Source: Significant Developments)

Parsley Energy posts Q3 adjusted EPS of $0.12
Tuesday, 7 Nov 2017 04:05pm EST 

Nov 7 (Reuters) - Parsley Energy Inc :Parsley energy announces third quarter 2017 financial and operating results; provides preliminary 2018 outlook.Q3 adjusted earnings per share $0.12.Q3 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.Qtrly ‍net production averaged 71.5 mboe per day, up 66 percent year over year​.Qtrly total revenues $241 million versus $132.5 mln‍​.Qtrly net loss per common share $0.05.  Full Article

Viking Global Investors LP reports 7.2 pct passive stake in Parsley Energy
Thursday, 26 Oct 2017 01:31pm EDT 

Oct 26 (Reuters) - Parsley Energy Inc ::Viking Global Investors LP reports 7.2 percent passive stake in Parsley Energy, Inc as of October 16, 2017 - SEC filing.  Full Article

Parsley Energy announces pricing of upsized $700 mln private offering of notes
Thursday, 5 Oct 2017 04:13pm EDT 

Oct 5 (Reuters) - Parsley Energy Inc :Parsley energy, llc announces pricing of upsized $700 million private offering of senior unsecured notes due 2027.Parsley energy inc - ‍2027 notes will mature on october 15, 2027 and will pay interest at an annual rate of 5.625%​.  Full Article

Parsley energy says currently in process of negotiating fifth amendment to revolving credit facility
Thursday, 5 Oct 2017 08:18am EDT 

Oct 5 (Reuters) - Parsley Energy Inc :Parsley Energy Inc - currently in process of negotiating fifth amendment to revolving credit facility - SEC filing.Parsley Energy - expect that fifth amendment will increase the borrowing base under our revolving credit facility from $1.4 billion to $1.8 billion‍​.Parsley Energy - terms of revolving credit facility allow borrowing base to be reduced from $1.4 billion to $1.25 billion in connection with notes offering.  Full Article

Parsley Energy announces $600 mln private offering of senior unsecured notes due 2027
Thursday, 5 Oct 2017 07:30am EDT 

Oct 5 (Reuters) - Parsley Energy Inc : :Parsley Energy, LLC announces $600 million private offering of senior unsecured notes due 2027.Parsley Energy Inc - ‍intends to use net proceeds of notes offering to fund a portion of its capital program​.  Full Article

Parsley Energy expects 3Q17 net production of 70-71 MBoe per day
Thursday, 28 Sep 2017 04:05pm EDT 

Sept 28 (Reuters) - Parsley Energy Inc :Parsley Energy provides operational update; schedules third quarter 2017 earnings conference call for November 8.Says all production and sales processes have returned to normal.Parsley Energy Inc - remains on track to deliver production volumes consistent with previously issued guidance.Parsley Energy Inc - co is narrowing its estimated FY17 net production guidance from a range of 67-73 MBoe per day to a range of 67-68 MBoe per day.Parsley Energy Inc- reduces estimated 3Q17 and 4Q17 production by approximately 1.5 MBoe per day and 2.0 MBoe per day, respectively.Parsley Energy Inc- expects 3Q17 net production of 70-71 MBoe per day.  Full Article

Parsley Energy Q2 adjusted earnings per share $0.05
Wednesday, 2 Aug 2017 04:05pm EDT 

Aug 2 (Reuters) - Parsley Energy Inc :Parsley Energy announces second quarter 2017 financial and operating results; raises production guidance and announces successful delineation results.Q2 adjusted earnings per share $0.05.Q2 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.Parsley Energy Inc qtrly net production averaged 64.7 Mboe per day, up 18% versus 1Q17.Parsley Energy Inc - increasing full-year 2017 net production guidance from 65-71 Mboe per day to 67-73 Mboe per day.Parsley Energy Inc - increasing estimated 4q17 net production from 78-88 mboe per day to 80-90 mboe per day.Parsley Energy Inc - reiterates estimated full-year 2017 capital expenditures of $1.0-$1.15 billion.  Full Article

Parsley Energy reports Q1 adjusted earnings $0.15/shr
Thursday, 4 May 2017 04:05pm EDT 

May 4 (Reuters) - Parsley Energy Inc :Parsley Energy announces first quarter 2017 financial and operating results; raises production guidance and lowers unit cost estimates.Q1 adjusted earnings per share $0.15.Q1 earnings per share view $0.09 -- Thomson Reuters I/B/E/S.Parsley energy inc - qtrly total revenues $200.9 million versus $62.5 million.Parsley energy inc - qtrly earnings per share $0.13.Parsley Energy Inc - qtrly net production averaged 54.8 mboe per day, up 21% versus 4Q16 and 88% year-over-year.Parsley Energy Inc - company is increasing full-year 2017 net production guidance from 62-68 mboe per day to 65-71 mboe per day.Parsley Energy Inc - increasing estimated average 4Q17 net production from 75-85 mboe per day to 78-88 mboe per day.Parsley Energy Inc - Parsley reiterates estimated full-year 2017 capital expenditures of $1.0-$1.15 billion.  Full Article

Parsley Energy files for stock shelf - SEC filing
Wednesday, 3 May 2017 04:38pm EDT 

May 3 (Reuters) - Parsley Energy Inc :Files for stock shelf - SEC filing.Says 39.8 million shares of co's class a common stock may be offered and sold, that may be issued to certain members of Parsley Energy.  Full Article

Parsley Energy expect annual production growth of 62- 78pct in 2017
Monday, 27 Mar 2017 09:55am EDT 

Parsley Energy Inc :Parsley Energy-expect robust annual production growth of 62- 78pct in 2017, with steady growth during 1h17, "steepening" growth through end of year.  Full Article

BRIEF-Parsley Energy posts Q3 adjusted EPS of $0.12

* Parsley energy announces third quarter 2017 financial and operating results; provides preliminary 2018 outlook