Parsley Energy (PE) Tops Q3 EPS by 1c, Revenues Beat
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Parsley Energy Announces Third Quarter 2018 Financial And Operating Results
November 1, 2018 4:05 PM EDTAUSTIN, Texas, Nov. 1, 2018 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced financial and operating results for the quarter ended September 30, 2018. The Company has posted to its website a presentation that supplements the information in this release.
Third Quarter 2018 Highlights
Net oil production increased 9% quarter-over-quarter and 56% year-over-year to 73.5 MBo per day. Total net production averaged 116.2 MBoe per day.(1) Parsley reported an average unhedged oil price realization of $62.78/Bbl net of transportation costs during 3Q18, representing a premium of $7.43/Bbl to... More