Parsley Energy Announces Fourth Quarter 2019 Financial And Operating Results
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Mizuho Securities Reiterates Buy Rating on Parsley Energy (PE)
February 20, 2020 7:09 AM ESTMizuho Securities analyst Paul Sankey reiterated a Buy rating and $26.00 price target on Parsley Energy (NYSE: PE). Parsley had already announced its boost - 60% to $0.05/sh quarterly - in late January along with 2020 budget and oil production growth expectations.
The 2020 free cash... More
Parsley Energy (PE) Misses Q4 EPS by 6c, Revenues Beat
February 19, 2020 4:38 PM ESTParsley Energy (NYSE: PE) reported Q4 EPS of $0.28, $0.06 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $522.45 million versus the consensus estimate of $513.11 million.
Recent Highlights
Parsley published its inaugural Corporate Responsibility Report, outlining the Company's commitment and approach to environmental stewardship, governance, ethics, health and safety, and community engagement.The Company reported full-year 2019 capital expenditures of approximately $1.37 billion, which was nearly $30 million below the low end of the... More