Parsley Energy (PE) Tops Q3 EPS by 5c

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Go back to Parsley Energy (PE) Tops Q3 EPS by 5c

Parsley Energy Announces Third Quarter 2015 Financial and Operating Results

November 4, 2015 4:19 PM EST

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 September 30, 2015. The Company has posted to its website a presentation that supplements the information in this release.

Third Quarter 2015 Highlights

Third quarter 2015 net production increased 41% year-over-year to 21.6 MBoe/d, down just 3% versus 2Q15 despite reduced drilling activity in the second quarter and a completion schedule weighted significantly to the second-half of the third quarter. Consistent with this schedule, production increased month-by-month during the third... More