Parsley Energy (PE) Misses Q1 EPS by 2c, Revenues Beat

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Go back to Parsley Energy (PE) Misses Q1 EPS by 2c, Revenues Beat

Parsley Energy Announces First Quarter 2019 Financial And Operating Results

May 1, 2019 4:16 PM EDT

AUSTIN, Texas, May 1, 2019 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced financial and operating results for the quarter ended March 31, 2019. The Company has posted a presentation to its website that supplements the information in this release.

First Quarter 2019 Highlights

Net oil production increased 2% quarter-over-quarter and 33% year-over-year to 78.9 MBo per day. Total net production averaged 125.4 MBoe per day. The Company registered favorable overall trends in operating costs during the first quarter of 2019. Both... More