Prep the asparagus - trim by cutting off bottom inch, then using a vegetable peeler to shave off the fibrous part of the last inch. Or you could just cut a few inches off of the bottom if you prefer!
Preheat oven to 350.
Line a baking sheet with parchment paper and place asparagus in a single layer on the parchment paper.
Sprinkle the asparagus with salt and pepper and drizzle with olive oil.
Place the asparagus in the oven and bake for fifteen minutes.
After fifteen minutes, carefully remove the baking sheet from the oven and drizzle with butter, then sprinkle cheese and bacon over the top.
Return to oven for 5-10 minutes, or until cheese is all melted and beginning to lightly brown.
