Parsley Energy (PE) Tops Q1 EPS by 5c

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Parsley Energy Announces First Quarter 2020 Financial And Operating Results; Provides Update On 2020 Development Plans

May 4, 2020 4:05 PM EDT

AUSTIN, Texas, May 4, 2020 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced financial and operating results for the quarter ended March 31, 2020. Additionally, Parsley provided an update to its 2020 development program. The Company has posted a presentation to its website that supplements the information in this release. 

Updated 2020 Outlook

On March 11, 2020, the World Health Organization declared the novel coronavirus 2019 ("COVID-19") a pandemic. COVID-19 has had a material negative impact on global economic activity and, as a result, has also caused significant global oil... More