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Parsley Energy Reports Q4 2019 Results

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Parsley Energy Reports Q4 2019 Results

Parsley Energy, Inc. has reported its Q4 2019 results.

The company also reiterated its 2020 plans announced in January, which can be accessed here.

Recent Highlights Parsley published its inaugural Corporate Responsibility Report, outlining the Company's commitment and approach to environmental stewardship, governance, ethics, health and safety, and community engagement. The Company reported full-year 2019 capital expenditures of approximately $1.37 billion, which was nearly $30 million below the low end of the full-year guidance range of $1.40-$1.47 billion. Increased quarterly dividend in 1Q20 from $0.03 per share to $0.05 per share(1). 4Q19 net oil production increased 16% year-over-year to 89.6 MBo per day. Total 4Q19 net production averaged 146.2 MBoe per day. Parsley closed its…
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