Parsley trims capital budget, drops one rig

Revised production guidance range is an estimated 25% year-over-year increase

Parsley Energy: posted a net income of $115.9 million for the second quarter 2019 — Parsley Energy: posted a net income of $115.9 million for the second quarter 2019Photo: REUTERS/SCANPIX

Julia Martinez

Shale Financial Parsley Energy North America

Published 6 August 2019, 21:37Updated 6 August 2019, 21:37