Current PE Stock Info

Parsley has full borrowing capacity available for Permian development
Permian driller Parsley Energy (ticker: PE) said it has amended its revolving credit agreement, increasing the borrowing base by 60% to $1.4 billion, with a company-elected commitment amount of $1.0 billion.

The amendment also adds five new lenders under the credit agreement:

Canadian Imperial Bank of Commerce, New York Branch;
Capital One, National Association;
Citibank, N.A.;
PNC Bank, National Association;
UBS AG, Stamford Branch.

Parsley said it cu...

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