KeyBanc Starts Parsley Energy (PE) at Overweight

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Parsley Energy Announces Second Quarter 2015 Financial and Operating Results

August 11, 2015 4:30 PM EDT

Raises Production Guidance

AUSTIN, Texas--(BUSINESS WIRE)-- Parsley Energy, Inc. (NYSE: PE) (Parsley, Parsley Energy, or the Company) today announced financial and operating results for the quarter ended June 30, 2015. The Company has posted to its website a presentation that supplements the information in this release.

Second Quarter 2015 Highlights

Parsley increased net production to 22.2 MBoe/d, an increase of 18% over Q1 2015 and up 59% year-over-year. The Company is raising full-year 2015 production guidance for the second consecutive quarter, up from a range of... More