Inactive Instrument

Parsley Energy, Inc.

Equities

PE

US7018771029

Oil & Gas Exploration and Production

Parsley Energy, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020

August 05, 2020 at 04:11 pm EDT

Parsley Energy, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was USD 220.210 million compared to USD 498.541 million a year ago. Operating loss was USD 75.684 million compared to operating Income of USD 180.837 million a year ago. Net loss was USD 356.416 million compared to net income of USD 115.935 million a year ago. Basic loss per share from continuing operations was USD 0.95 compared to basic earnings per share from continuing operations of USD 0.41 a year ago. For the half year, total revenue was USD 785.013 million compared to USD 926.212 million a year ago. Operating loss was USD 4,932.163 million compared to operating Income of USD 297.384 million a year ago. Net loss was USD 3,722.816 million compared to net income of USD 91.871 million a year ago. Basic loss per share from continuing operations was USD 10.02 compared to basic earnings per share from continuing operations of USD 0.33 a year ago.

Latest news about Parsley Energy, Inc.

Parsley Energy, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020	21-05-07	CI
Parsley Energy, Inc.(NYSE:PE) dropped from S&P TMI Index	21-01-13	CI
Parsley Energy, Inc.(NYSE:PE) dropped from S&P Global BMI Index	21-01-13	CI
Parsley Energy, Inc. Announces Executives Resignations	21-01-12	CI
Parsley Energy, Inc. Announces the Resignation of Matt Gallagher as Chief Executive Officer	21-01-12	CI
Parsley Energy, Inc. Announces the Resignation of Ryan Dalton as Chief Financial Officer	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell 1000 Dynamic Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell 1000 Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell 3000 Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell 1000 Value Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell 2500 Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell Midcap Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell Small Cap Completeness Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell Small Cap Comp Value Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell 2500 Value Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell 3000 Value Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell Midcap Value Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell 3000E Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell 3000E Value Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell 2500 Dynamic Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell Midcap Dynamic Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell 1000 Value-Dynamic Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell 2500 Value-Dynamic Index	21-01-12	CI
Parsley Energy, Inc.(NYSE:PE) dropped from Russell Midcap Val-Dynamic Index	21-01-12	CI
Diamondback Energy : Oil and gas dealmaking peaks in Q4 as pandemic spurs consolidation - Enverus	21-01-06	RE

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Company Profile

Parsley Energy, Inc. is a holding company. The Company is an independent oil and natural gas company. The Company focuses on the acquisition, development and exploitation of unconventional oil and natural gas reserves in the Permian Basin. The Permian Basin is located in West Texas and Southeastern New Mexico and includes three primary sub-areas: the Midland Basin, the Central Basin Platform and the Delaware Basin. The Company's properties are primarily located in the Midland and Delaware Basins, where it focuses on horizontal development drilling and target various stacked pay intervals in the Spraberry, Wolfcamp, Upper Pennsylvanian (Cline) and Atoka shales. As of December 31, 2016, it had an average working interest of 87% in 166 gross (146.7 net) horizontal wells, of which 151 gross (132.4 net) are in the Midland Basin. As of December 31, 2016, the Company operated seven horizontal rigs and three vertical drilling rigs.

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Oil & Gas Exploration and Production

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Sector Oil Exploration & Production - Onshore

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