Replies to post #9 on Parsley Energy Class A (PE)

[Timothy Smith]

Love the Permian. Where do we go from here?

[Timothy Smith]

PE's acreage ranks as "some of the better" acreage in the Permian, especially for the Wolfcamp A&B, the firm says, estimating the company's risked inventory has a weighted average internal rate of return of 31% at strip pricing and a breakeven price near $42/bbl, which ranks PE third among its Permian peers.