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, Nov. 7, 2017 /PRNewswire/ -- Parsley Energy, Inc.

This cost/benefit relationship continues to imply a compelling economic profile, motivating additional tests during 2018. Excluding, on a tax-adjusted basis, certain items that the Company does not view as indicative of its ongoing financial performance, and adding back the non-controlling interest allocated to Class B stockholders, adjusted net income for 3Q17 was per weighted average share, during 2Q17.

Excluding, on a tax-adjusted basis, certain items that the Company does not view as indicative of its ongoing financial performance, and adding back the non-controlling interest allocated to Class B stockholders, adjusted net income for 3Q17 was for facilities and infrastructure.

These forward-looking statements represent Parsley Energy's expectations or beliefs concerning future events, and it is possible that the results described in this news release will not be achieved.

These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Parsley Energy's control, which could cause actual results to differ materially from the results discussed in the forward-looking statements.

When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements found in the Company's filings with the SEC, including its Annual Report on Form 10-K.

The risk factors and other factors noted in the Company's SEC filings could cause its actual results to differ materially from those contained in any forward-looking statement." data-reactid="49"Certain statements contained in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.

In addition, with services and equipment largely secured and a robust hedge position in place, we have taken steps to insure a compelling 2018 development program."During the third quarter, the Company spud 38 and completed 36 gross horizontal wells.