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PS - Parsley Energy Highlights - January 09, 2019

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Parsley Energy set 2019 capex at $1.35-1.55 billion, down from $1.65-1.75 billion in 2018. Oil and overall output will grow 20% each, with guidance established at 124,000- 134,000 boe/d and 80,000-85,000 bo/d, respectively. The company will go from running 16 rigs recently to 12-14 during 2019. Frac spreads will be reduced from five to a range of three to......
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