Parsley Energy Earnings Slow, Reduces Rig and Frac Counts

Permian operator Parsley Energy $PE reported worse than expected fourth quarter earnings Thursday after the close. $PE said with recent commodity price trends it has reduced  rig and frac spread counts and intends to reduce its 2019 capital leasing and acquisition spend.

Shale Producers Earnings Expected To Soar With Oil at Four Year Highs

Big Oil earnings delivered big profits from soaring oil and gas revenues. Energy earnings pick up with a slew of Shale names reporting. This week we have  $EOG $DVN $CXO $PE $PXD $FRAC $NBL $ECA $BP $APC $CLR $MTDR $PDCE $MRO $SRCI $CHK

Highlights of Oil & Gas Energy Earnings Reports This Week

Another big energy company earnings this week including shale plays $FANG $EOG and $DVN, offshore drillers $DO and $RIG, Independents $MRO and $APA and Natural gas $CHK. Catch up on all the energy earnings you  may have missed.