Parsley Energy Acquires Jagged Peak Energy
January 10, 2020
Parsley Energy, Inc. completed its acquisition of Jagged Peak Energy Inc., exchanging Parsley Class A common stock for Jagged Peak shares and causing Jagged Peak to delist from the NYSE. The deal is intended to combine complementary Permian Basin assets to capture operational synergies and improve capital efficiency for the combined company.
- Buyers
- Parsley Energy, Inc.
- Targets
- Jagged Peak Energy Inc.
- Industry
- Oil & Gas
- Location
- Colorado, United States
- Transaction Type
- Buyout
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