Parsley Energy (PE) PT Lowered to $44 at KLR Group
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Parsley Energy Provides Operational Update; Highlights Successful Wolfcamp C Results
January 29, 2018 4:15 PM ESTAUSTIN, Texas, Jan. 29, 2018 /PRNewswire/ --Â Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today provided an operational update that discloses certain full-year 2017 results and highlights strong indications from the Company's Wolfcamp C delineation program.
Fourth Quarter and Full-Year 2017 Results
Parsley expects to report full-year 2017 net production of approximately 68 MBoe per day, up 78% relative to full-year 2016 net production, concluding a year of robust and efficient production growth. The Company expects to report analogous growth in 2017 net oil production, up 75% versus 2016 net oil production to approximately 45 MBo... More
