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30-Mar-2017 19:28

Parsley intends to increase drilling and completion activity on the Company's expanded asset base and, as a result, is updating 2017 capital plans and operating guidance to reflect increased capital investment and associated production growth.

Herein Parsley also provides updates on preliminary 4Q16 and full-year 2016 operational results, year-end 2016 reserves, and recent hedging activity.

In other words, the consolidated financial statements agglomerates the results of the subsidiary businesses into the parent company's income statement, balance sheet and cash flow statement.

Accounting treatment of both combined and consolidated financial statement eliminates intercompany transactions.

, Chairman and Chief Executive Officer of Parsley Energy.

"This transaction maintains our focus on core of the core acreage with the most favorable reservoir characteristics and positions us for years of production growth at the low end of the cost curve.

Depending on the size of a company and the complexity of its business, the financial statements may be a bit confusing, particularly if the company has several subsidiaries with overseas operations.

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Depending on the size of a company and the complexity of its business, the financial statements may be a bit confusing, particularly if the company has several subsidiaries with overseas operations.President Trump has suggested that the judiciary doesn't have the authority to question him.He was a very early proponent of nuking the filibuster for Supreme Court Justice Neil M. And he recently raised eyebrows by congratulating Turkish President Recep Tayyip Erdogan on the expansion of his presidential powers — echoing his previous admiration for strongman leaders.We can serve your race event no matter how large, anywhere in the country.Our nationwide team of 400 photographers, each hand-picked and individually trained, earns and re-earns our reputation for quality each week at every event we serve.Consolidated financial statements aggregate the financial position of a parent company and its subsidiaries.