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Parsley Energy Inc (PE.N)

PE.N on New York Stock Exchange

18.96USD
26 Jun 2019
Change (% chg)

$0.75 (+4.12%)
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Latest Key Developments (Source: Significant Developments)

Parsley Energy Q1 Loss Per Share $0.09
Wednesday, 1 May 2019 04:15pm EDT 

May 1 (Reuters) - Parsley Energy Inc ::PARSLEY ENERGY ANNOUNCES FIRST QUARTER 2019 FINANCIAL AND OPERATING RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.22.Q1 LOSS PER SHARE $0.09.Q1 EARNINGS PER SHARE ESTIMATE $0.24 -- REFINITIV IBES DATA.QTRLY NET OIL PRODUCTION INCREASED 2% QUARTER-OVER-QUARTER AND 33% YEAR-OVER-YEAR TO 78.9 MBO PER DAY..QTRLY TOTAL NET PRODUCTION AVERAGED 125.4 MBOE PER DAY..COMPANY INTENDS TO CONTINUE TO OPERATE IN CONFORMITY WITH FULL-YEAR CAPITAL SPENDING EXPECTATIONS..DURING 1Q19, PARSLEY REPORTED AN AVERAGE UNHEDGED OIL PRICE REALIZATION OF $51.83/BBL NET OF TRANSPORTATION COSTS.REITERATES ITS 2019 ANNUAL GUIDANCE OUTLINED IN FEBRUARY.QTRLY TOTAL REVENUES $427.7 MILLION VERSUS $392.7 MILLION.Q1 REVENUE VIEW $409.7 MILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $1.54, REVENUE VIEW $1.91 BILLION -- REFINITIV IBES DATA.  Full Article

Parsley Energy Says On April 23 Co, Certain Subsidiaries Entered Into Seventh Amendment To Credit Agreement
Wednesday, 24 Apr 2019 04:57pm EDT 

April 24 (Reuters) - Parsley Energy Inc ::PARSLEY ENERGY INC - ON APRIL 23 CO, CERTAIN SUBSIDIARIES ENTERED INTO SEVENTH AMENDMENT TO CREDIT AGREEMENT.PARSLEY ENERGY INC - SEVENTH AMENDMENT TO INCREASE BORROWING BASE UNDER CREDIT AGREEMENT FROM $2.3 BILLION TO $2.7 BILLION.PARSLEY ENERGY INC - SEVENTH AMENDMENT TO INCREASE AGGREGATE MAXIMUM CREDIT AMOUNTS FROM $2.5 BILLION TO $5.0 BILLION.  Full Article

Parsley Energy Announces Fourth Quarter 2018 Financial And Operating Results
Thursday, 21 Feb 2019 04:05pm EST 

Feb 21 (Reuters) - Parsley Energy Inc ::PARSLEY ENERGY ANNOUNCES FOURTH QUARTER 2018 FINANCIAL AND OPERATING RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.30 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $0.19.Q4 EARNINGS PER SHARE ESTIMATE $0.34 -- REFINITIV IBES DATA.NET OIL PRODUCTION INCREASED 5% QUARTER-OVER-QUARTER.AS OF DECEMBER 31, 2018, PARSLEY HAD APPROXIMATELY $1.2 BILLION OF LIQUIDITY.PARSLEY ENERGY - AFTER RECENT ADDITIONS TO HEDGE POSITIONS, SIGNIFICANT MAJORITY OF CO'S EXPECTED 2019 OIL PRODUCTION IS SUBJECT TO HEDGE PROTECTION.EXPECTS Q1 2019 NET OIL PRODUCTION TO AVERAGE 75.5-78.0 MBO/D.SEES 2019 ANNUAL NET TOTAL PRODUCTION 124.0-134.0 MBOE/D.SEES 2019 TOTAL DEVELOPMENT EXPENDITURES $1,350 MILLION - $1,550 MILLION.  Full Article

Parsley Energy Announces Q3 Adjusted Earnings Per Share $0.45
Thursday, 1 Nov 2018 04:05pm EDT 

Nov 1 (Reuters) - Parsley Energy Inc ::PARSLEY ENERGY ANNOUNCES THIRD QUARTER 2018 FINANCIAL AND OPERATING RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.45.Q3 EARNINGS PER SHARE $0.41.Q3 EARNINGS PER SHARE VIEW $0.44 -- THOMSON REUTERS I/B/E/S.QTRLY NET OIL PRODUCTION INCREASED 9% QUARTER-OVER-QUARTER AND 56% YEAR-OVER-YEAR TO 73.5 MBO PER DAY.EXPECT TO GENERATE FREE CASH FLOW BY END OF 2019.QTRLY TOTAL REVENUES $511.0 MILLION VERSUS $241.0 MILLION.  Full Article

Parsley Energy Inc Files For Potential Mixed Shelf Offering
Thursday, 31 May 2018 06:06pm EDT 

May 31 (Reuters) - Parsley Energy Inc ::PARSLEY ENERGY INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.PARSLEY ENERGY INC SAYS IN ADDITION, MAY OFFER AND SELL UP TO 40.96 MILLION SHARES OF CLASS A COMMON STOCK.  Full Article

Parsley Energy Says ‍Bryan Sheffield Will Be Succeeded As CEO By Matt Gallagher​
Tuesday, 9 Jan 2018 04:05pm EST 

Jan 9 (Reuters) - Parsley Energy Inc ::PARSLEY ENERGY ANNOUNCES CEO SUCCESSION PLAN.PARSLEY ENERGY INC - ‍BRYAN SHEFFIELD WILL BE SUCCEEDED AS CEO BY MATT GALLAGHER​.PARSLEY ENERGY INC - ‍GALLAGHER IS APPOINTED TO CO'S BOARD OF DIRECTORS EFFECTIVE IMMEDIATELY​.PARSLEY ENERGY INC - ‍SHEFFIELD TO SERVE AS CEO THROUGH END OF 2018, IN POSITION OF EXECUTIVE CHAIRMAN THROUGHOUT 2019.PARSLEY - ‍AS PART OF SUCCESSION PLAN, BOARD DETERMINED TO SEPARATE ROLES OF CHAIRMAN & CEO AT TIME OF SHEFFIELD'S TRANSITION TO EXECUTIVE CHAIRMAN​.  Full Article

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