PE News and Press, Parsley Energy Inc. Class A From 01/18/21

Merger activity decreased last week with six new deals announced. Acacia Communications and Cisco Systems announced an amendment to their merger agreement. Google completes the acquisition of Fitbit. For further details see: Merger Arbitrage Mondays - Fitbit Closes And A...

Waddell & Reed declines in excess of recent dividend payment. Broader market starts the year with strong positive return. Merger arbitrage cash spreads advance in a positive start to the new year. For further details see: Merger Arbitrage Analysis And Spread Performa...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Economic reports in the week ahead A huge rush of earnings pre-announcements are expected to flow out of the ICR Conference and JPMorgan Healthcare confere...

Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha, Apple Po...

Drilling in the U.S. shale patch is not likely to pick up significantly even after this week's surprise Saudi pledge to curb production sent prices surging, Pioneer Natural Resources (PXD) CEO Scott Sheffield says.U.S. oil output is expected to remain roughly flat at ~11M bbl/day fo...

RealPage slips back following announcement of acquisition by Thoma Bravo. Realpage merger arbitrage spread now at 1.73%. Merger arbitrage cash spreads advance gently during quiet year-end week. For further details see: Merger Arbitrage Analysis And Spread Performance - J...

Parsley shareholders will soon vote on its combination with Pioneer Natural Resources. Parsley shareholders will see an increased dividend (based on the share exchange rate in the deal) and will own 24% of the combined company. The deal appears to value Parsley at a fair price bas...

Parsley Energy ([[PE]] -2.7%) is closing its Austin, Tex., offices and laying off more than 230 employees, according to a notice to the Texas Workforce Commission.The office closures and layoffs are permanent, although some of the employees may be offered jobs with Pioneer Natural Resour...

Merger activity increased last week with five new deals announced. The merger of IHS Markit and S&P Global for $44 billion. The acquisition of Slack Technologies by salesforce.com. For further details see: Merger Arbitrage Mondays: Yet Another Deal Receives A Higher ...

We have been stalking a historic capital rotation. This historic capital rotation is happening, hidden in plain sight at first, and now more visible after the price action over the past month. November 2020 was one of the best months on record for energy equities.  Smaller ca...