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PE News and Press, Parsley Energy Inc. Class A From 04/22/20

Stock Information

Company Name: Parsley Energy Inc. Class A
Stock Symbol: PE
Market: NYSE
Website: parsleyenergy.com

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PE - Shale Drilling Stocks Were Surging, But This Bad News Killed the Rally

Shale oil producer stocks were surging today, riding a 25% increase in West Texas Intermediate crude futures higher. In early trading, many shale-focused independent oil producer stocks were up more than 10%. Here are some of the more notable companies with shale or other unconventional oil prod...

PE - Parsley Energy sets the stage for equity raise

Parsley Energy (NYSE: PE ) files an automatic common stock shelf of 7.97M shares. More news on: Parsley Energy, Inc., Energy stocks news, , Read more ...

PE - Texas regulator declines - for now - to force quotas on oil producers

The Texas Railroad Commission defers a decision on whether to mandate production cutbacks in the state and will revisit the issue on May 5. More news on: Pioneer Natural Resources Company, Parsley Energy, Inc., Chevron Corporation, Energy stocks news, Read more ...

PE - 3 Jaw-Dropping Statistics Showing COVID-19's Impact on the Oil Market

The COVID-19 outbreak has caused much of the global economy to shut down. That's had an enormous effect on oil demand, as well as pricing. The numbers are truly stunning. Here's a look at several oil market stats that show the pandemic's immense impact on the oil patch. The International...

PE - Investing Thoughts On The Frontlines Of Isolation: With Former Fed Leader Insights

The stock market has been a strange reflection of and reaction to the unfolding of the coronavirus pandemic -predominantly displaying volatility and uncertainty. Oil markets have been particularly volatile given the conflict between Saudi Arabia and Russia, which resulted in production increas...

PE - Parsley Energy CEO warns of 'crippled' Texas oil industry without curbs

Parsley Energy ( PE -5.2% ) CEO Matt Gallagher appeared with Jim Cramer on CNBC last night to advocate mandated production cuts by Texas regulators, saying "If we don't do something quickly in the face of a pandemic, you are going to cripple this domestic industry on the other side....

PE - The Bottom Fishing Club: Parsley Energy

Parsley Energy ( PE ) merged with Jagged Peak Energy ( JAG ) in January. The organization is a petroleum exploration and production company with assets primarily in Texas. Original Parsley Energy investors own about 77% of the combined enterprise, with Jagged Peak holders getting 23%. Basi...

PE - Texas oil production cut proposal stirs up anger on both sides

Deep divisions in the Texas oil industry came to the surface Tuesday as regulators heard advocates as well as opponents of a plan to cut the state's oil production by 1M bbl/day. More news on: Pioneer Natural Resources Company, Parsley Energy, Inc., Exxon Mobil Corporation, Energy stock...

PE - Parsley Energy Schedules First Quarter 2020 Earnings Release and Conference Call

AUSTIN, Texas , April 14, 2020 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) plans to report first quarter 2020 financial results on Monday, May 4, 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 ...

PE - A New Day Or Era? OPEC+ Agree To Cut 10 Million In Next Months

As expected, OPEC+ Russia and its alliance partners of 10 countries agreed to meaningful production cuts to shore up an oversupplied market caused by significant demand destruction from the novel coronavirus's spread across the globe. Thirty million barrels per day (bpd) of oil are expected to...

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