-=Parsley Energy (PE) reported earnings on Tue 7 Aug 2018 (a/h)

Parsley Energy reports EPS in-line, beats on revs; co raises production guidance 

• Reports Q2 (Jun) earnings of $0.39 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of $0.39; revenues rose 118.9% year/year to $467.8 mln vs the $432.27 mln Capital IQ Consensus.
• Co raises 2018 oil production guidance to 68.0-70.5 Mbo/d, up from 65-70 Mbo/d
• Co also raises annual net production to 106-111 Mboe/d, up from 98-108