Raymond James Upgrades Parsley Energy (PE) to Strong Buy

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Go back to Raymond James Upgrades Parsley Energy (PE) to Strong Buy

Parsley Energy Announces First Quarter 2016 Financial And Operating Results

May 4, 2016 4:30 PM EDT

AUSTIN, Texas, May 4, 2016 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced financial and operating results for the quarter ended March 31, 2016. The Company has posted to its website a presentation that supplements the information in this release.

First Quarter 2016 Highlights and Recent Developments

Net production averaged 29.1 MBoe/d, up 15% versus 4Q15 and 54% year-over-year. Daily oil... More