According to Bloomberg, Parsley Energy (PE) seeking strategic alternatives
POTENTIAL DEAL DETAILS
|Stock||Parsley Energy, Inc.||Symbol||PE|
|Type||Company Seeking Strategic Alternatives|
|Date of Confirmation: ||
10/20/2020||Price at Confirmation: ||
|Potential Profit: ||-37.71%||Annualized Profit: ||-27.86%|
Parsley Energy Inc. (PE) said it would be “attractive” for any potential buyer as the U.S. shale driller expects to generate positive free cash flow in the back half of this year.
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