Parsley Energy Provides Operational Update; Highlights Successful Wolfcamp C Results
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January 31, 2018 8:18 AM EST
KLR Group lowered its price target on Parsley Energy (NYSE: PE) to $44.00 (from $51.00) while maintaining a Buy rating. Over the last three months, PE has underperformed the XOP by ~15%, as investors were disappointed in the 2H/17 volumes and overall composition mix as well as... More
January 31, 2018 6:28 AM EST
Citi downgraded Parsley Energy (NYSE: PE) from Buy to Neutral with a price target of $30.00 (from $38.00).
Analyst Jeanine Wai said given the potential for a tighter services and Permian congestion, this bifurcation likely will grow more pronounced and the time it will... More
January 30, 2018 7:53 AM EST
Credit Suisse lowered its price target on Parsley Energy (NYSE: PE) to $36.00 (from $38.00) while maintaining a Outperform rating.
Analyst B. Jiang noted after much anxiety around 4Q, the pre-release came in worse than feared with 4Q oil production ~6% below Street and capex $80MM above.
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