Parsley Energy (PE) Misses Q4 EPS by 1c

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Go back to Parsley Energy (PE) Misses Q4 EPS by 1c

Parsley Energy Announces Fourth Quarter 2016 Financial And Operating Results

February 23, 2017 4:05 PM EST

AUSTIN, Texas, Feb. 23, 2017 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced financial and operating results for the quarter ended December 31, 2016. The Company has posted to its website a presentation that supplements the information in this release.

Fourth Quarter 2016 Highlights

Net production averaged 45.1 MBoe/d, up 5% versus 3Q16 and 79% year-over-year. Oil production increased 5% quarter-over-quarter and 92% year-over-year, representing 68% of total production in 4Q16. Parsley expects to... More