Parsley Energy (PE) Misses Q1 EPS by 7c

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Go back to Parsley Energy (PE) Misses Q1 EPS by 7c

Parsley Energy Announces First Quarter 2015 Financial and Operating Results

May 12, 2015 4:30 PM EDT

Raises Production Guidance

AUSTIN, Texas--(BUSINESS WIRE)-- Parsley Energy, Inc. (NYSE: PE) (Parsley or the Company) today announced financial and operating results for the quarter ended March 31, 2015. The Company has posted to its website a presentation that supplements the information in this release.

First Quarter 2015 Highlights

Parsley delivered record quarterly net production of 18.9 MBoe/d, an increase of 4% over Q4 2014 and up 106% year-over-year. Parsley is raising full-year 2015 production guidance from 18-19 MBoe/d to 20-21.5 MBoe/d.... More