FANG - Parsley Rumored To Be Next Big Upstream Takeout Candidate; We Like Them Regardless
- A slow burn merger mania is sweeping the mid cap upstream space.
- Parsley Energy is a cash flow generation machine with a strong balance sheet.
- Parsley Energy is a low cost producer with a large footprint and as such is a natural Permian target.
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Parsley Rumored To Be Next Big Upstream Takeout Candidate; We Like Them Regardless