Parsley Energy Reports Q2 Adj. EPS Of $0.14 - Quick Facts

(RTTNews) - Parsley Energy, Inc. (PE) reported a second-quarter net loss to shareholders equity of $38.65 million compared to profit of $11.15 million, last year. Loss per share was $1.19 for the quarter. Adjusted EBITDA increased to $58.41 million from $15.44 million. Adjusted net income was $17.87 million or $0.14 per share, for the quarter.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.09 for the quarter. Analysts' estimates typically exclude special items.

Total revenues increased to $82.30 million from $26.57 million, a year ago. Analysts expected the company to report revenue of $77.10 million for the quarter.