Parsley Energy Announces Midland Basin Acquisition

Iberia Capital Upgrades Parsley Energy (PE) to Outperform

Iberia Capital upgraded Parsley Energy (NYSE: PE) from Sector Perform to Outperform with a price target of $22.00 (from $19.00).

For an analyst ratings summary and ratings history on Parsley Energy click here. For more ratings news on Parsley Energy click here.

Shares of Parsley Energy closed at $18.59 yesterday.

Parsley Energy (PE) Prices Larger 12.35M Common Stock Offering for Proceeds of ~$202.1M

Parsley Energy, Inc. (NYSE: PE) announced that it has priced an underwritten, upsized public offering of 11,227,273 shares of its Class A common stock by the Company and 1,122,727 shares of its Class A common stock by NGP X US Holdings, L.P., one of the Companys stockholders, at $18.00 per share. The 12,350,000 share offering represents a 3,000,000 share upsize to the originally proposed 9,350,000 share offering. Total gross proceeds (before underwriters... More

Parsley Energy (PE) to Offer 8.5M Common Shares

Parsley Energy, Inc. (NYSE: PE) announced that it has commenced an underwritten public offering of 8,500,000 shares of its Class A common stock by the Company and 850,000 shares of its Class A common stock by NGP X US Holdings, L.P., one of the Companys stockholders. The Company and the selling stockholder expect to grant the... More

Parsley Energy (PE) Acquires Midland Basin Assets for $148.5M

Parsley Energy, Inc. (NYSE: PE) announced that it has entered into an agreement to acquire certain undeveloped acreage and producing oil and gas properties located adjacent to the Companys existing operating areas in Upton, Reagan, and Glasscock Counties, TX for an aggregate purchase... More