$PE News

Last published 5y ago

5y agoPEParsley Energy (PE) Q4 2020 Earnings Call TranscriptEarnings Call TranscriptsPE earnings call for the period ending December 31, 2020.
5y agoPXD PEPioneer Natural Resources Completes Acquisition of Parsley Energy Following Stockholder ApprovalsBusiness WireDALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer”) today announced that Pioneer has completed its previously announced acquisition of Parsley Energy, Inc. (NYSE:PE) (“Parsley”) following the approval by Pioneer and Parsley stockholders of all proposals necessary for completing the all-stock transaction.
5y agoPE GS PXD AONEShale CEO Sees Slow U.S. Oil Output Recovery Despite OPEC PactBloombergOne of the top producers in America’s shale patch doesn’t see drilling picking up significantly even after this week’s surprise Saudi pledge to curb production sent prices surging.
5y agoCPE PXD PE BKROil Drilling in U.S. Ends Fraught 2020 at Pre-Shale LevelsBloombergThe crisis that enveloped the oil industry in 2020 can be measured in various ways, but in the U.S. there may be no better single gauge than the tally of drilling rigs operating across the world’s largest producer.
5y agoAPPN SPWH HOME PE+9Cramer's lightning round: Bed Bath & Beyond is a buyCNBC"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
5y agoPE PXDParsley Energy Announces January 12, 2021 Special Meeting to Approve Merger with Pioneer Natural ResourcesPR NewswireParsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced that the special meeting of stockholders of Parsley...
5y agoJPM CVX XOM BKR+4The Pandemic Has Broken Shale and Left Oil Markets in OPEC HandsBloombergThe contraction of the U.S. oil industry this year means the cartel probably won’t need to worry too much about losing market share for some time.
6y agoPEParsley Energy Announces Third Quarter 2020 Financial And Operating ResultsPR NewswireParsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced financial and operating results for the quarter ended ...
6y agoCXO COP PE PXD+5Natural Gas Giant EQT to Pursue Takeover Of CNX ResourcesBloombergEQT Corp., the biggest producer of U.S. natural gas, is seeking to acquire rival CNX Resources Corp., according to people familiar with the matter, as M&A accelerates in the distressed shale patch.
6y agoBSTC CIT MYOK PEMoore Kuehn Encourages MYOK, BSTC, CIT, and PE and Investors to Contact Law FirmGlobeNewswireNEW YORK, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a securities litigation law firm located on Wall Street in downtown New York City, is investigating potential claims concerning whether...
6y agoVZ AN TMO WGO+15Stocks making the biggest moves in the premarket: Verizon, Snap, AutoNation, Netflix & moreCNBCThe stocks making the biggest moves in premarket trading include Verizon, Snap, AutoNation, Netflix, and more.
6y agoPE PXD MSOil Falls After Report Points to Surprise Crude Stockpile GainBloombergOil dropped toward $41 a barrel in New York after an industry report pointed to a surprise increase in American crude stockpiles, countering optimism over a potential U.S. stimulus agreement.
6y agoNFLX PE PXD SNAP+1Stocks making the biggest moves after hours: Netflix, Snap, Texas Instruments & moreCNBCCheck out the companies making headlines in after hours trading on Tuesday.
6y agoCVX OXY CXO COP+2Pioneer to Buy Parsley for $4.5 Billion in Latest Shale MergerBloombergPioneer Natural Resources Co. agreed to buy Permian Basin peer Parsley Energy Inc. for $4.5 billion in stock, the latest in a flurry of mergers that’s quickly reshaping the beleaguered U.S. shale oil industry.
6y agoPXD PEPioneer Natural Resources Announces Agreement to Acquire Parsley EnergyBusiness WireDALLAS & AUSTIN, Texas--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") and Parsley Energy, Inc. (NYSE:PE) (“Parsley”) today announced that they have entered into a definitive agreement under which Pioneer will acquire all of the outstanding shares of Parsley in an all-stock transaction valued at approximately $4.5 billion as of October 19, 2020. Under th ...
6y agoC JPM CXO COP+3Texas Oil Deal Talks Must Navigate Potential Father-Son ConflictBloombergThe latest merger talks between two Permian shale producers will have to deal with an unusual family dynamic that has raised concerns about a potential conflict of interest.
6y agoPG TRV LMT ACI+12Stocks making the biggest moves in the premarket: Procter & Gamble, Travelers, Logitech & moreCNBCThe stocks making the biggest moves in premarket trading include Procter & Gamble, Travelers, Logitech, and more.
6y agoWPX DVN CVX OXY+4Pioneer Said to Be in Talks to Buy Rival Shale Driller ParsleyBloombergPioneer Natural Resources Co. is in talks to buy rival U.S. shale driller Parsley Energy Inc., according to a person familiar with the matter.
6y agoCVX PEJim Cramer on oil: 'My long-term forecast is grim' under a Trump or Biden administrationCNBC"Regardless of who wins the election next month, it'll be bad news for the oil industry," the "Mad Money" host said.
6y agoPEParsley Energy Schedules Third Quarter 2020 Earnings Release and Conference CallPR NewswireParsley Energy, Inc. (NYSE: PE) plans to report third quarter 2020 financial results on Wednesday, October 28, 2020 after the close of trading on the ...
6y agoPE LOGN-CH AYX UBER+2Cramer's lightning round: 'I think Uber's actually doing OK'CNBC"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
6y agoPEParsley Energy Releases Annual Corporate Responsibility ReportPR NewswireParsley Energy, Inc. (NYSE: PE) ("Parsley" or the "Company") today released its 2019 Corporate Responsibility Report. The report outlines Parsley's...
6y agoHRL MDT BBY SJM+16Stocks making the biggest moves in the premarket: Hormel, Medtronic, Best Buy, Exxon & moreCNBCThe stocks making the biggest moves in premarket trading include Hormel, Medtronic, Best Buy, Exxon, and more.
6y agoPE BKROil Drilling Shrinks to 15-Year Low With Shale Spending FallingBloombergDrillers cut exploration in U.S. oil fields to a 15-year low as some of America’s most prolific shale explorers vowed to show restraint amid a stabilization in oil prices.
6y agoPEParsley Energy's (PE) CEO Matt Gallagher on Q2 2020 Results - Earnings Call TranscriptEarnings Call Transcripts
6y agoPEParsley Energy Announces Second Quarter 2020 Financial and Operating Results; Provides Update on 2020 Development PlansPR NewswireParsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced financial and operating results for the quarter ended ...
6y agoEOG PE CLR COPOil Set for Weekly Decline on Demand Doubts as Pandemic Rages OnBloombergOil clawed back some lost ground in Asia, but is set for a weekly decline after data showed the U.S. economy had its worst contraction on record and the coronavirus pandemic continues to cloud the outlook for a demand recovery.
6y agoEBS JNJ NKLA TSLA+10Cramer's lightning round: 'You should stay away' from NikolaCNBC"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
6y agoPE HES APA PXD+4Shale Patch’s Usual Post-Merger Giddiness Is Nowhere to Be FoundBloombergThe usual post-merger giddiness that abounds after a multibillion-dollar oil deal is noticeably absent in the wake of Chevron Corp.’s $5 billion takeover bid for Noble Energy Inc.
6y agoPEParsley Energy Schedules Second Quarter 2020 Earnings Release and Conference CallPR NewswireParsley Energy, Inc. (NYSE: PE) plans to report second quarter 2020 financial results on Wednesday, August 5, 2020 after the close of trading on the...
6y agoEOG PE CLR COPConoco to Bring Back Curtailed Oil Output in Response to RallyBloombergConocoPhillips said it will begin restoring curtailed oil production in July as crude prices rebound from their lockdown depths.
6y agoPE EOG CLRShale Oil Recovery Is Seen Taking Years After Decade of ExcessBloombergAs oil prices tick up to $40 a barrel following a pandemic-induced plunge, there’s a sense the shale industry is snapping back to life with Continental Resources Inc., EOG Resources Inc. and Parsley Energy Inc. all saying they’re restarting closed wells.
6y agoPE EOG XOM C+1OPEC Gets Chance to Gain Upper Hand in Long Battle With ShaleBloombergOnce the global oil market emerges from the coronavirus crisis, it may be greeted by a surprising change: greater dependence on crude from OPEC.
6y agoBABA AMZN DXC CAH+8Cramer's lightning round: Alibaba is the only Chinese stock I recommendCNBC"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
6y agoPE XOMOPEC+ Agrees to Extend Output Cuts as Cheats Offer PenanceBloomberg
6y agoPE XOMOPEC+ Meets to Extend Cuts That Trump Says Saved Oil IndustryBloombergOPEC+ gathers on Saturday to ratify a deal for at least an extra month of record production cuts that U.S. President Donald Trump said saved the American oil industry.
6y agoPE EOGOil Slips With OPEC+ Discord and U.S. Demand Data Sowing DoubtBloombergOil retreated from a three-month high as OPEC+ unity was threatened by a long-running feud over complying with production cutbacks, while U.S. data cast doubt on the strength of the demand recovery.
6y agoPEOil Holds Gains as OPEC Closes In on Output Cut ExtensionBloombergOil held near its highest in almost three months on signs that OPEC+ producers are heading toward a consensus on extending output curbs and on further evidence of tightening supplies in the U.S.
6y agoPE EOGEarly Signs Show Shale Oil Production Bouncing Back With PricesBloombergEarly signs of a shale rebound are becoming evident as crude prices emerge from their dramatic collapse earlier this year.
6y agoPEOPEC+ Edges Closer to Compromise to Extend Deepest Ever CutsBloombergOPEC and its allies edged closer to a consensus on extending production cuts to prop up the oil market, even as wrangling continued for a third day about whether to bring forward their next meeting.
6y agoXEC FANG PE EOG+1Oil’s Sudden Rebound Is Exposing the Achilles’ Heel of ShaleBloomberg
6y agoPAA XOM PE FANGShale Drillers Risk Relapse Into Rampant Oil Output at $30 CrudeBloombergShale drillers are signaling they’ll throw off restraints on oil production if crude reaches $30 a barrel, an ominous portent for a global industry still drowning in a supply glut.
6y agoMS PE FANGOil Soars Above $25 as Output Cuts Stoke Longest Rally in a YearBloombergOil extended gains into a sixth day on optimism that production cuts across the globe would erode the supply glut caused by coronavirus lockdowns.
6y agoPEParsley Energy, Inc. (PE) CEO Matthew Gallagher on Q1 2020 Results - Earnings Call TranscriptEarnings Call Transcripts
6y agoPXD PE CXO COP+3Permian Drillers Slash Output Even More After Oil’s CollapseBloombergDiamondback Energy Inc. and Centennial Resource Development Inc. became the latest Permian Basin shale producers to say they were curtailing output in response to a collapse in crude prices.
6y agoPEParsley Energy Announces First Quarter 2020 Financial And Operating Results; Provides Update On 2020 Development PlansPR NewswireParsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced financial and operating results for the quarter ended ...
6y agoCXO PE XEC COP+4In Historic Oil Shutdown, Hard Part Is Picking Which Well ClosesBloombergTurns out shutting an oil well is easy, in many cases it can be done with a few taps on an iPhone. Figuring out which to shut, and for how long, is the hard part.
6y agoPEParsley Energy Announces Increase To Commitment Amount, Reaffirmed Borrowing Base, And Extension Of Maturity Date For Its Revolving Credit FacilityPR NewswireParsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced that it has entered into an amendment to its...
6y agoDY NUE EMR FANG+5Cramer's lightning round: How to trade Delta Air LinesCNBC"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
6y agoRES PTEN PE C+5Oil’s Collapse Is Taking an Entire Service Industry Down With ItBloombergNo one is feeling the pain of an oil collapse more than the shale producers. Except, perhaps, their suppliers.