Parsley posts net loss for fourth quarter

Company plans to drop one rig in the second quarter 2020 for 14 rigs in total

Net loss: of $36.4 million in the fourth quarter for Parsley — Net loss: of $36.4 million in the fourth quarter for ParsleyPhoto: REUTERS/SCANPIX

Julia Martinez

Houston

Parsley Energy Jagged Peak Energy Permian David Dell'Osso Americas

Published 19 February 2020, 23:09Updated 19 February 2020, 23:09