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Re: north40000 post# 32

Tuesday, 06/20/2017 7:44:12 PM

Tuesday, June 20, 2017 7:44:12 PM

Post# of 64
Parsley Energy rises after raising production guidance

Parsley Energy (PE +1.7%) is one of the few oil and gas companies showing a gain today after providing FY 2017 production guidance in an investor presentation.

PE sees 2017 production of 65K-71K boe/day, better than prior guidance of 62K-68K boe/day, including estimated Q4 output of 78K-88K boe/day vs. an earlier outlook of 75K-85K.

PE maintains guidance for drilling capital spending of $840M-$960M.