PE News and Press, Parsley Energy Inc. Class A From 09/24/20

BofA is looking for a "less bad" second half in energy stocks - following a very rough first half - and overall, it sees signs of nearing a cyclical bottom. The industry is past trough earnings as well, and while near-term headwinds are sticking around, it's forecasting a solid recovery going...

Parsley Energy Schedules Third Quarter 2020 Earnings Release and Conference Call PR Newswire AUSTIN, Texas, Sept. 24, 2020 AUSTIN, Texas , Sept. 24, 2020 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) plans to report third quarter 2020 financial results...

The  oil industry  entered 2020 with the wind seemingly at its back. Crude oil prices were in the $60s, fueled by the view that demand growth was on track to accelerate. That outlook had many oil producers planning to drill more wells so that they could capture higher prices. H...

Parsley Energy ( PE ) delivered robust levels of free cash flows in 2Q20, and with the expected increase in cash flow from operations and low levels of capital expenditures, the Austin, Texas-based oil producer will likely continue reporting free cash flows in the future. Parsley Energy will...

Parsley Energy (NYSE: PE ) +1.4% pre-market after raising its cash flow target and reinstating its FY 2020 production guidance, saying it expects to pump ~110K bbl/day of oil during Q4, according to a company presentation . More news on: Parsley Energy, Inc., Energy stocks news, ...

Shale oil producers are stockpiling federal drilling permits in the Permian Basin, a move analysts attribute to a hedge against a win by Democratic candidate Joe Biden. More news on: Apache Corporation, BP p.l.c., Callon Petroleum Company, Energy stocks news, News on the U.S. economy, ...

I first evaluated Cimarex Energy Company ( XEC ) a few years ago and concluded it was mainly a natural gas producer, a sector suffering from oversupply and low prices. The company even quantified its reserves in cubic feet of gas equivalent (a gas measure) instead of in barrels of oil equivale...

AUSTIN, Texas , Sept. 1, 2020 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley" or the "Company") today released its 2019 Corporate Responsibility Report. The report outlines Parsley's commitment and approach to governance, environmental stewardship, health and safety, talent att...

Pioneer Natural Resources (NYSE: PXD ) and Parsley Energy (NYSE: PE ) are planning to reduce headcount in the coming days, Reuters reports, the latest cuts by oil and gas producers as demand and prices have plunged due to COVID-19. More news on: Pioneer Natural Resources Company, Par...

Introduction Shares of Parsley Energy ( PE ) suffered over the first part of the year thanks initially to an ill-timed acquisition, Jagged Peak, in October of last year. And, of course, the virtual collapse of industry fundamentals due to the oil price war and the COVID-19 outbreak, making...