Imperial Capital Raises Price Target on Parsley Energy (PE) to $40; Reiterates Outperform
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Parsley Energy Announces Second Quarter 2016 Financial And Operating Results And Updates Full-Year Guidance
August 3, 2016 4:11 PM EDTAUSTIN, Texas, Aug. 3, 2016 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced financial and operating results for the quarter ended June 30, 2016. The Company has posted to its website a presentation that supplements the information in this release.
Second Quarter 2016 Highlights
Net production averaged 35.7 MBoe per day, up 23% versus 1Q16 and 60% year-over-year. Net oil... More
