Three Could Surge Even More. We harnessed the dedication of our employees to amplify our employee volunteer efforts and issued more than 200 small dollar contributions ($50 or under) to 125 charities in Austin and West Texas. "Reflecting on 2019, we are proud of our many accomplishments: publishing our inaugural Corporate Responsibility Report; reconstituting our Nominating and Governance Committee to include environmental and social oversight; establishing our Safety, Sustainability, and Corporate Responsibility Planning and Disclosure Committee; and finishing the year with strong operating results and well positioned for continued free cash flow generation in 2020. Parsley Energy stock price target raised to $18 from $15 at Cowen, Parsley Energy upgraded to strong buy from outperform at Raymond James, Parsley Energy upgraded to overweight from equal weight at Morgan Stanley, Parley Energy upgraded to buy from hold at Stifel Nicolaus, ViacomCBS selling Simon & Schuster for $2.18 billion to Penguin Random House, Weekly U.S. initial jobless claims rise by 30,000 to 778,000, How to Raise Oil and Stock Prices: Mergers, Pioneer CEO Predicts ‘Only Three or Four’ U.S. Oil Stocks Are Worth Buying, Pioneer Will Buy Parsley for a Modest Premium, in the Latest Oil Merger, Pioneer-Parsley Talks Show Oil M&A Is Accelerating, Misery Loves Company: Behind the Boom in Oil Stock M&A, Why the Conoco-Concho Deal Is a Mixed Bag for Investors. In West Texas, we provide significant benefits to the local economy through job creation, but Parsley’s operations also have contributed to the increased cost of living and associated strain on public education, housing, and infrastructure. In 2019, Parsley launched our first formal community engagement platform, Parsley Culture Corner, to advocate for and support numerous charitable programs in the communities where we operate. Parsley Energy Inc. Cl A Parsley Energy, Inc. is an oil and natural gas company, which engages in the acquisition, development and exploitation of unconventional oil and natural gas reserves. However, we recognize that oil and natural gas development activity also leads to challenges we must address as an industry. As part of our commitment, we have contributed approximately $1 million to date (against our $10 million pledge) in support of causes outlined by the PSP. Copyright © 2020 MarketWatch, Inc. All rights reserved. For additional information about Parsley’s involvement in the communities where we operate, please see our inaugural Corporate Responsibility Report. The #Leadingwomen campaign featured colleague nominations accompanied by stories of Parsley’s women employees leading in both our communities and the workplace. For the best experience, please update to a modern browser. To learn more about PSP initiatives in 2019, visit the PSP website. Historical and current end-of-day data provided by FACTSET. Less than 1.5% of the natural gas Parsley produced in the second quarter of 2020 was flared. Parsley’s first-class asset base and willingness to think creatively keeps us a step ahead. Participants should dial 877-709-8150 (United States/Canada) or 201-689-8354 (International) approximately 10 minutes before the scheduled start time and request the Parsley Energy earnings conference call. Our conservative financial strategy ensures we stay there. In partnering with The Trail Foundation, Parsley employees help preserve urban greenspace by removing invasive plant species near our headquarters in downtown Austin. Subscriber Agreement & Terms of Use, Founded in 2008, Parsley Energy is a Permian-focused independent oil and natural gas company with an extensive operating history and footprint, a premier acreage position, best-in-class well results, an attractive growth profile, and a conservative financial strategy.

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