Parsley Energy Inc. today provided an update on its 2020 development program. Updated 2020 Outlook Parsley is revising its baseline capital budget assumption from a $50 WTI oil price to a $30-35 WTI oil price for the remainder of 2020. Consistent with the Company's commitment to free cash flow generation and in response to recent commodity price [...]
AUSTIN, Texas, Feb. 6, 2020 /PRNewswire/ -- Parsley Energy, LLC , a subsidiary of Parsley Energy Inc. , and Parsley's wholly owned subsidiary, Parsley Finance Corp. , announced today the pricing of their previously announced private offering of $400 million in aggregate principal amount of senior unsecured notes due 2028 . The 2028 Notes, which are [...]
AUSTIN, Texas, Feb. 6, 2020 /PRNewswire/ -- Parsley Energy, LLC , a subsidiary of Parsley Energy Inc. , and Parsley's wholly owned subsidiary, Parsley Finance Corp. , announced today that they have commenced, subject to market conditions and other factors, a private offering of $400 million in aggregate principal amount of senior unsecured notes [...]
Parsley Energy Inc. today announced that its Board of Directors increased the Company's quarterly dividend from $0.03 per share to $0.05 per share. Additionally, Parsley provided an overview of its 2020 development program and updated expectations for certain full-year 2019 results. Summary Comment and Outlook "Parsley's 2019 action plan was a [...]
Parsley Energy Inc. plans to report fourth quarter 2019 financial results on Wednesday, February 19, 2020 after the close of trading on the New York Stock Exchange. The company will host its quarterly conference call at 9:00 AM ET on Thursday, February 20, 2020. By Phone: Dial 877-709-8150 or 201-689-8354 approximately 10 minutes before the [...]
Parsley Energy, Inc. today announced that it has completed its acquisition of Jagged Peak Energy Inc. The acquisition was previously approved by Parsley shareholders at a special meeting held on January 9, 2020, where more than 99.5% of the votes cast by Parsley stockholders were voted in favor of the proposal to issue Parsley common stock to the [...]
Parsley Energy, Inc. today released its inaugural Corporate Responsibility Report. The report outlines Parsley's commitment and approach to governance, ethics, environmental stewardship, health and safety, talent attraction and retention, and community engagement. The report can be found on the Company's website. "At Parsley Energy, we understand [...]
Parsley Energy, Inc. today announced financial and operating results for the quarter ended September 30, 2019. The Company has posted a presentation to its website that supplements the information in this release. Third Quarter 2019 Highlights: Generated positive free cash flow in 3Q19. Initiated dividend program in 3Q19 and declared 4Q19 quarterly [...]
Parsley Energy, Inc. and Jagged Peak Energy Inc. today announced they have entered into a definitive merger agreement under which Parsley will acquire Jagged Peak in an all-stock transaction valued at approximately $2.27 billion, including Jagged Peak's net debt of approximately $625 million as of June 30, 2019. Under the terms of the agreement [...]
Parsley Energy, Inc. plans to report third quarter 2019 financial results on Tuesday, November 5, 2019 after the close of trading on the New York Stock Exchange. The company will host its quarterly conference call at 9:00 AM ET on Wednesday, November 6, 2019.
Parsley Energy today announced that its Board of Directors approved the initiation of a quarterly dividend of $0.03 per share on the Company's Class A common stock, payable on September 30, 2019, to shareholders of record on September 20, 2019. "The initiation of a regular dividend program coincides with Parsley's inflection to sustainable free [...]
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