Parsley Energy, an oil and gas E&P operating in the Permian Basin of West Texas, raised $925 million by offering 50 million shares (15% from insiders) at $18.50, above the range of $15 to $18. The company had originally planned to sell 43.9 million shares; all of the added shares were primary shares. Parsley Energy plans to list on the NYSE under the symbol PE. Credit Suisse, Goldman Sachs, J.P. Morgan and Wells Fargo acted as lead managers on the deal.
