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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
REVENUES    
Oil sales $ 52,031 $ 43,688
Natural gas sales 5,543 6,956
Natural gas liquids sales 4,694 4,567
Total revenues 62,268 55,211
OPERATING EXPENSES    
Lease operating expenses 13,898 16,398
Production and ad valorem taxes 4,195 4,495
Depreciation, depletion and amortization 49,384 37,381
General and administrative expenses (including stock-based compensation of $2,759 and $1,641 for the three months ended March 31, 2016 and 2015) 19,299 12,981
Exploration costs 688 3,219
Accretion of asset retirement obligations 170 249
Rig termination costs   (5,100)
Other operating expenses 896  
Total operating expenses 88,530 79,823
OPERATING LOSS (26,262) (24,612)
OTHER INCOME (EXPENSE)    
Interest expense, net (11,289) (11,841)
Gain on sale of property 350  
Derivative income 2,088 7,142
Other income (expense) (146) 279
Total other income (expense), net (8,997) (4,420)
LOSS BEFORE INCOME TAXES (35,259) (29,032)
INCOME TAX BENEFIT 9,568 5,474
NET LOSS (25,691) (23,558)
LESS: NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS 6,337 6,534
NET LOSS ATTRIBUTABLE TO PARSLEY ENERGY, INC. STOCKHOLDERS $ (19,354) $ (17,024)
Net loss per common share:    
Basic $ (0.14) $ (0.17)
Diluted $ (0.14) $ (0.17)
Weighted average common shares outstanding:    
Basic 135,963 101,273
Diluted 135,963 101,273