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Parsley Energy Inc (PE.N)

PE.N on New York Stock Exchange

29.20USD
19 Jan 2018
Change (% chg)

$0.38 (+1.32%)
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Latest Key Developments (Source: Significant Developments)

Parsley Energy Says ‍Bryan Sheffield Will Be Succeeded As CEO By Matt Gallagher​
Tuesday, 9 Jan 2018 

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 

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 

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

Mexco Energy Corporation announces sale of acreage to Parsley Energy
Friday, 7 Oct 2016 

Mexco Energy Corp : Mexco Energy Corporation announces sale of acreage to Parsley Energy . Mexco energy corp says received approximately $2.187 million in cash from a sale of working interests to Parsley Energy .Mexco Energy Corp -Of sale proceeds, about $1.887 million is to be applied to Mexco's bank debt and balance to working capital of Mexco.  Full Article

Parsley Energy announces Midland Basin acquisition
Monday, 15 Aug 2016 

Parsley Energy Inc : Parsley Energy announces Midland Basin acquisition .Deal for $400 million.  Full Article

Parsley Energy Q2 adjusted earnings per share $0.04
Wednesday, 3 Aug 2016 

Parsley Energy Inc. : Q2 adjusted earnings per share $0.04 . Q2 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S . Increasing guidance for full-year 2016 capital expenditures from $410-$460 million to $460-$510 million . Company is increasing full-year 2016 production guidance from 31.5-34.5 mboe per day to 36.0-38.0 mboe per day . Parsley is lowering full-year 2016 loe per boe guidance from $5.50-$6.50 to $4.50-$5.25 .Q2 net production averaged 35.7 mboe per day, up 23% versus 1q16 and 60% year-over-year.  Full Article

Parsley Energy acquires mineral rights in Southern Delaware basin
Monday, 23 May 2016 

Parsley Energy Inc : Parsley energy announces acquisition of mineral rights in southern delaware basin . Parsley energy inc says deal valued at $280.5 million in cash . Intends to finance acquisition through debt and equity issuances announced concurrently with announcement of acquisition . Purchase of additional working interests in company's leasehold in pecos,reeves counties totaling 885 net acres for $9.0 million in cash .Parsley energy inc says estimated net current production associated with acquired mineral rights is about 280 barrels of oil equivalent per day.  Full Article

Parsley Energy Prices Upsized Offering of Class A Common Stock
Tuesday, 5 Apr 2016 

Parsley Energy, Inc:priced an underwritten, upsized public offering of 18,250,000 shares of Class A common stock for total gross proceeds (before underwriters' fees and estimated expenses) of approximately $390.6 million.The 18,250,000 share offering represents a 2,250,000 share upsize to the originally proposed 16,000,000 share offering. The underwriters have an option for 30 days to purchase up to an additional 2,737,500 shares of Class A common stock from the Company.The offering is expected to close on April 8, 2016, subject to customary closing conditions.Parsley Energy intends to use the net proceeds of the offering to fund the aggregate purchase price for the acquisitions of oil and gas interests in the Southern Delaware and Midland Basins (the "Acquisitions") the Company announced today.The remaining net proceeds will be used to fund a portion of the Company's capital program and for general corporate purposes, including future acquisitions.The offering is not conditioned on the consummation of the Acquisitions. Morgan Stanley & Co. LLC and Raymond James & Associates, Inc. are acting as joint bookrunners for the offering.  Full Article

Parsley Energy, Inc announces public offering of 16 mln class A shares
Monday, 4 Apr 2016 

Parsley Energy, Inc:Announces public offering of class a common stock.Says offering 16 million class a shares.Proceeds to fund purchase price for acquisitions of oil and gas interests in the southern Delaware and Midland basins.  Full Article

BRIEF-Parsley Energy Says ‍Bryan Sheffield Will Be Succeeded As CEO By Matt Gallagher​

* PARSLEY ENERGY INC - ‍BRYAN SHEFFIELD WILL BE SUCCEEDED AS CEO BY MATT GALLAGHER​