Parsley Energy: Rising Oil Prices Bring It Close To Neutral Cash Flow Seeking AlphaParsley's estimated 2019 cash burn is now under $100 million with $60 WTI oil. Without hedges, it would be at roughly neutral cash flow. Hedge value is mainly ... …
Oil Closes Lower on Rising Supplies Wall Street JournalCrude recently traded higher even after U.S. government data showed a rise in supplies last week. Read more https://www.wsj.com/articles/oil-prices-rise-despite-large-inventory-build-1155439 …