Current PE Stock Info

16% sequential production growth on accelerated non-op activity
Parsley Energy (ticker: PE) announced first quarter results today, showing net income of $82.9 million, or $0.32 per share. This result significantly exceeds the $49.9 million in net income Parsley earned in Q4, and this quarter’s $282.3 million in adjusted EBITDAX represents a 30% sequential increase.

Parsley produced an average of 93.4 MBOEPD this quarter, up 16% sequentially and 70% year-over-year. This production growth exceeded expectations, partially due to several non-op...

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