Parsley Energy (PE) Stock Price, News & Analysis

Parsley Energy, Inc. (NYSE:PE) released its quarterly earnings data on Wednesday, October, 28th. The oil and natural gas company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.06. The oil and natural gas company earned $447.39 million during the quarter, compared to analysts' expectations of $440.61 million. Parsley Energy had a positive trailing twelve-month return on equity of 5.13% and a negative net margin of 200.23%.

Parsley Energy (NYSE:PE) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.18%. The dividend payout ratio is 17.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PE will have a dividend payout ratio of 20.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PE.

Based on aggregate information from My MarketBeat watchlists, some companies that other Parsley Energy investors own include Micron Technology (MU), Johnson & Johnson (JNJ), Boeing (BA), Intel (INTC), NVIDIA (NVDA), Advanced Micro Devices (AMD), Devon Energy (DVN), Alibaba Group (BABA), Diamondback Energy (FANG) and Cisco Systems (CSCO).