Parsley Energy Company Profile (NYSE:PE)

About Parsley Energy

Parsley Energy logoParsley Energy, Inc. is an independent oil and natural gas company. The Company is focused on the acquisition, development and exploitation of unconventional oil and natural gas reserves in the Permian Basin. The Permian Basin is located in West Texas and Southeastern New Mexico and comprises over three primary sub-areas: the Midland Basin, the Central Basin Platform and the Delaware Basin. The Company's properties are primarily located in the Midland and Delaware Basins and its activities have been focused on the vertical development of the Spraberry, Wolfberry and Wolftoka Trends of the Midland Basin. The Company's vertical wells in the Permian Basin are drilled into stacked pay zones that include the Spraberry, Wolfcamp, Upper Pennsylvanian (Cline), Strawn, Atoka and Mississippian formations. The Company splits its assets into over four areas, including the Midland Basin-Core, Midland Basin-Tier I, Midland Basin-Other and Southern Delaware Basin.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: PE
  • CUSIP:
Key Metrics:
  • Previous Close: $35.50
  • 50 Day Moving Average: $34.18
  • 200 Day Moving Average: $28.95
  • 52-Week Range: $14.51 - $37.20
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 73.96
  • P/E Growth: 15.06
  • Market Cap: $6.08B
  • Outstanding Shares: 171,230,000
  • Beta: -0.06
  • Net Margins: -18.26%
  • Return on Equity: -0.66%
  • Return on Assets: -0.42%
  • Debt-to-Equity Ratio: 0.34%
  • Current Ratio: 2.62%
  • Quick Ratio: 2.62%
Additional Links:
Companies Related to Parsley Energy:

Analyst Ratings

Consensus Ratings for Parsley Energy (NYSE:PE) (?)
Ratings Breakdown: 5 Hold Ratings, 25 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.87)
Consensus Price Target: $31.46 (11.37% downside)

Analysts' Ratings History for Parsley Energy (NYSE:PE)
DateFirmActionRatingPrice TargetDetails
10/12/2016MacquarieDowngradeOutperform -> Neutral$36.00 -> $38.00View Rating Details
9/26/2016NomuraReiterated RatingBuy$17.00View Rating Details
9/13/2016FBR & CoInitiated CoverageOutperform$41.00View Rating Details
8/30/2016Morgan StanleyBoost Price TargetOverweight$48.00View Rating Details
8/29/2016Williams CapitalInitiated CoverageHold$37.00View Rating Details
8/22/2016KeyCorpBoost Price TargetOverweight$36.00 -> $37.00View Rating Details
8/17/2016Imperial CapitalBoost Price TargetOutperform$40.00 -> $42.00View Rating Details
8/16/2016Stifel NicolausBoost Price TargetBuy$34.00 -> $40.00View Rating Details
8/16/2016WunderlichBoost Price TargetBuy$33.00 -> $40.00View Rating Details
8/15/2016JPMorgan Chase & Co.Boost Price TargetOverweight$34.00 -> $40.00View Rating Details
8/13/2016SimmonsReiterated RatingOverweight$33.00 -> $38.00View Rating Details
8/8/2016Goldman Sachs Group Inc.Boost Price TargetNeutral$25.00 -> $29.00View Rating Details
8/5/2016Barclays PLCBoost Price TargetOverweight$30.00 -> $36.00View Rating Details
7/8/2016Piper Jaffray Cos.Initiated CoverageOverweightView Rating Details
6/14/2016Deutsche Bank AGBoost Price TargetBuy$30.00 -> $32.00View Rating Details
6/4/2016Wells Fargo & Co.Reiterated RatingHoldView Rating Details
5/26/2016Canaccord GenuityReiterated RatingBuyView Rating Details
5/17/2016ScotiabankUpgradeOutperform$27.00 -> $29.00View Rating Details
5/16/2016Howard WeilDowngradeFocus Stock -> Sector OutperformView Rating Details
5/10/2016Credit Suisse Group AGReiterated RatingBuy$28.00View Rating Details
5/5/2016Raymond James Financial Inc.UpgradeOutperform -> Strong-Buy$31.00 -> $33.00View Rating Details
4/6/2016Northland SecuritiesBoost Price Target$23.00 -> $25.00View Rating Details
4/5/2016Cowen and CompanyBoost Price TargetMarket Perform$19.00 -> $21.00View Rating Details
4/5/2016Topeka Capital MarketsReiterated RatingBuy$26.00 -> $27.00View Rating Details
3/15/2016Clarkson CapitalUpgradeNeutral -> BuyView Rating Details
3/3/2016BMO Capital MarketsBoost Price TargetOutperform$20.00 -> $23.00View Rating Details
2/25/2016Royal Bank Of CanadaBoost Price TargetOutperform$26.00 -> $27.00View Rating Details
1/25/2016Tudor PickeringUpgradeAccumulate -> BuyView Rating Details
1/19/2016KLR GroupBoost Price Target$24.00 -> $26.00View Rating Details
12/10/2015Iberia CapitalUpgradeSector Perform -> Outperform$19.00 -> $22.00View Rating Details
12/1/2015Bank of America Corp.Initiated CoverageBuy$25.00View Rating Details
11/18/2015Capital One Financial Corp.Boost Price Target$25.00 -> $26.00View Rating Details
10/12/2015Oppenheimer Holdings Inc.Reiterated RatingOutperform$23.00View Rating Details
10/2/2015Evercore ISIInitiated CoverageBuy$20.00View Rating Details
7/21/2015Seaport Global SecuritiesLower Price TargetBuy$24.00 -> $21.00View Rating Details
6/19/2015SunTrust Banks Inc.Initiated CoverageBuy$25.00View Rating Details
11/12/2014Johnson RiceInitiated CoverageOverweightView Rating Details
(Data available from 10/24/2014 forward)


Earnings History for Parsley Energy (NYSE:PE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2016Q216($0.03)($0.13)$92.04 million$106.30 millionViewN/AView Earnings Details
5/4/2016Q116($0.09)($0.02)$75.16 million$62.30 millionViewN/AView Earnings Details
2/24/2016Q415($0.07)($0.02)$81.10 million$68.75 millionViewListenView Earnings Details
11/4/2015Q315($0.04)($0.08)$76.18 million$64.20 millionViewN/AView Earnings Details
8/11/2015Q215($0.03)($0.01)$72.25 million$77.86 millionViewListenView Earnings Details
5/12/2015Q115($0.07)$66.50 million$55.20 millionViewN/AView Earnings Details
2/26/2015Q414$0.09$0.02$88.60 million$78.20 millionViewN/AView Earnings Details
11/11/2014Q314$0.11$0.13$86.10 million$83.60 millionViewN/AView Earnings Details
8/12/2014Q214$0.09$0.14$77.10 million$82.30 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Parsley Energy (NYSE:PE)
Current Year EPS Consensus Estimate: $0.10 EPS
Next Year EPS Consensus Estimate: $0.48 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166($0.11)($0.03)($0.07)
Q2 20167($0.09)$0.01($0.03)
Q3 20167($0.05)$0.04$0.01
Q4 20168($0.03)$0.09$0.05
Q1 20176$0.01$0.10$0.05
Q2 20175$0.03$0.17$0.09
Q3 20175$0.05$0.21$0.12
Q4 20175$0.07$0.27$0.16
Q1 20182$0.27$0.31$0.29
Q2 20182$0.32$0.34$0.33
(Data provided by Zacks Investment Research)


Dividend History for Parsley Energy (NYSE:PE)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Parsley Energy (NYSE:PE)
Insider Ownership Percentage: 24.17%
Institutional Ownership Percentage: 84.51%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/21/2016Mike HinsonInsiderSell25,000$36.04$901,000.00View SEC Filing  
10/5/2016Mike HinsonInsiderSell25,000$35.13$878,250.00View SEC Filing  
9/12/2016Mike HinsonInsiderSell25,000$33.65$841,250.00View SEC Filing  
8/24/2016Matthew GallagherInsiderSell9,300$33.83$314,619.00View SEC Filing  
8/23/2016Matthew GallagherInsiderSell30,300$33.89$1,026,867.00View SEC Filing  
8/22/2016Matthew GallagherInsiderSell5,400$33.74$182,196.00View SEC Filing  
8/9/2016Matthew GallagherInsiderSell45,000$32.64$1,468,800.00View SEC Filing  
8/8/2016Bryan SheffieldInsiderSell1,100,000$32.15$35,365,000.00View SEC Filing  
8/8/2016Colin RobertsVPSell25,000$32.77$819,250.00View SEC Filing  
8/8/2016David Henry SmithDirectorSell6,250$32.99$206,187.50View SEC Filing  
7/25/2016Mike HinsonInsiderSell25,000$27.42$685,500.00View SEC Filing  
7/12/2016Mike HinsonInsiderSell25,000$28.33$708,250.00View SEC Filing  
6/29/2016Mike HinsonInsiderSell25,000$26.22$655,500.00View SEC Filing  
6/15/2016Ryan DaltonInsiderSell60,000$26.52$1,591,200.00View SEC Filing  
6/13/2016Mike HinsonVPSell25,000$26.69$667,250.00View SEC Filing  
6/2/2016Mike HinsonVPSell25,000$26.40$660,000.00View SEC Filing  
5/17/2016Mike HinsonVPSell25,000$25.83$645,750.00View SEC Filing  
5/12/2016Brad C SmithInsiderSell10,000$25.42$254,200.00View SEC Filing  
5/5/2016Mike HinsonVPSell25,000$23.69$592,250.00View SEC Filing  
4/20/2016Mike HinsonVPSell25,000$23.47$586,750.00View SEC Filing  
4/6/2016Mike HinsonVPSell25,000$22.71$567,750.00View SEC Filing  
3/23/2016Bryan SheffieldMajor ShareholderSell35,715$21.81$778,944.15View SEC Filing  
3/16/2016Bryan SheffieldMajor ShareholderSell35,715$21.33$761,800.95View SEC Filing  
3/3/2016Hemang DesaiDirectorBuy1,000$18.33$18,330.00View SEC Filing  
3/2/2016Colin RobertsVPSell25,000$18.67$466,750.00View SEC Filing  
3/1/2016Colin RobertsVPSell15,000$18.51$277,650.00View SEC Filing  
3/1/2016Matthew GallagherInsiderSell90,000$18.49$1,664,100.00View SEC Filing  
2/29/2016Mike HinsonVPSell50,000$18.38$919,000.00View SEC Filing  
2/24/2016Bryan SheffieldMajor ShareholderSell35,715$16.24$580,011.60View SEC Filing  
2/17/2016Bryan Sheffieldmajor shareholderSell35,715$16.81$600,369.15View SEC Filing  
2/10/2016Bryan Sheffieldmajor shareholderSell35,715$16.24$580,011.60View SEC Filing  
2/3/2016Bryan Sheffieldmajor shareholderSell35,715$18.72$668,584.80View SEC Filing  
1/27/2016Bryan Sheffieldmajor shareholderSell35,715$17.67$631,084.05View SEC Filing  
1/20/2016Bryan Sheffieldmajor shareholderSell35,715$15.12$540,010.80View SEC Filing  
1/13/2016Bryan Sheffieldmajor shareholderSell35,715$16.29$581,797.35View SEC Filing  
1/6/2016Bryan Sheffieldmajor shareholderSell35,715$17.74$633,584.10View SEC Filing  
12/18/2015Mike HinsonVPSell20,000$18.22$364,400.00View SEC Filing  
12/8/2015Mike HinsonVPSell21,666$18.58$402,554.28View SEC Filing  
12/1/2015Ryan DaltoninsiderSell37,500$20.03$751,125.00View SEC Filing  
11/20/2015Mike HinsonVPSell20,000$19.17$383,400.00View SEC Filing  
11/10/2015Mike HinsonVPSell21,666$18.58$402,554.28View SEC Filing  
11/2/2015Paul TreadwellVPSell150,000$17.94$2,691,000.00View SEC Filing  
10/22/2015Mike HinsonVPSell20,000$16.90$338,000.00View SEC Filing  
10/8/2015Ryan DaltoninsiderSell56,967$17.60$1,002,619.20View SEC Filing  
10/6/2015Mike HinsonVPSell21,666$16.92$366,588.72View SEC Filing  
10/2/2015Paul TreadwellVPSell150,000$15.62$2,343,000.00View SEC Filing  
9/8/2015Mike HinsonVPSell21,666$16.08$348,389.28View SEC Filing  
9/1/2015Paul TreadwellVPSell150,000$16.30$2,445,000.00View SEC Filing  
8/28/2015Mike HinsonVPSell20,000$16.06$321,200.00View SEC Filing  
8/14/2015Matthew GallagherInsiderSell100,000$15.92$1,592,000.00View SEC Filing  
8/12/2015Mike HinsonVPSell41,667$16.13$672,088.71View SEC Filing  
7/14/2015Ryan DaltonInsiderSell23,033$17.51$403,307.83View SEC Filing  
7/8/2015Bryan SheffieldMajor ShareholderSell20,000$16.35$327,000.00View SEC Filing  
7/7/2015Mike HinsonVPSell21,667$16.07$348,188.69View SEC Filing  
7/1/2015Bryan SheffieldMajor ShareholderSell26,667$17.06$454,939.02View SEC Filing  
6/25/2015Mike HinsonVPSell20,000$18.39$367,800.00View SEC Filing  
6/24/2015Bryan SheffieldMajor ShareholderSell33,333$18.37$612,327.21View SEC Filing  
6/17/2015Bryan SheffieldMajor ShareholderSell36,667$18.11$664,039.37View SEC Filing  
6/10/2015Bryan SheffieldMajor ShareholderSell43,333$18.80$814,660.40View SEC Filing  
6/10/2015Paul TreadwellVPSell17,499$18.96$331,781.04View SEC Filing  
5/28/2015Mike HinsonVPSell20,000$16.64$332,800.00View SEC Filing  
4/23/2015Mike HinsonVPSell20,000$16.11$322,200.00View SEC Filing  
4/7/2015Paul TreadwellVPSell20,833$17.52$364,994.16View SEC Filing  
4/7/2015Ryan DaltonInsiderSell40,000$17.52$700,800.00View SEC Filing  
3/26/2015Mike HinsonVPSell60,266$16.12$971,487.92View SEC Filing  
3/25/2015Bryan SheffieldMajor ShareholderSell42,858$15.93$682,727.94View SEC Filing  
3/3/2015Hemang DesaiDirectorBuy1,000$14.74$14,740.00View SEC Filing  
2/3/2015Paul TreadwellVPSell45,496$17.83$811,193.68View SEC Filing  
1/28/2015Bryan SheffieldCEOSell42,858$16.15$692,156.70View SEC Filing  
1/27/2015Paul TreadwellVPSell65,644$17.56$1,152,708.64View SEC Filing  
1/22/2015Mike HinsonVPSell41,667$16.20$675,005.40View SEC Filing  
1/21/2015Bryan SheffieldMajor ShareholderSell42,858$16.43$704,156.94View SEC Filing  
1/21/2015Paul TreadwellVPSell33,600$16.52$555,072.00View SEC Filing  
1/7/2015Bryan SheffieldCEOSell40,614$14.06$571,032.84View SEC Filing  
12/17/2014James Andrew Charles RobinsonInsiderBuy30,000$0.20$5,850.00
5/29/2014Bryan SheffieldMajor ShareholderSell1,909,091$17.48$33,370,910.68View SEC Filing  
5/29/2014Matthew GallagherInsiderSell60,606$17.48$1,059,392.88View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Parsley Energy (NYSE:PE)
News IconInstitutional Move: Graham Capital Management LP Lifted Its Position in Parsley Energy INC (PE) by $5.05 Million as ... - Chester News (NYSE:PE) - October 24 at 6:28 PM
News IconHow Parsley Energy, Inc. (NYSE:PE) trades after earning announcements? - The Independent Republic (NYSE:PE) - October 24 at 6:28 PM
News IconAnalysts Valuations For Two Stocks: Parsley Energy, Inc. (NYSE:PE), LaSalle Hotel Properties (NYSE:LHO) - The Voice Registrar (NYSE:PE) - October 21 at 10:13 AM
News IconParsley Energy, Inc.'s (PE): Stock Roundup - Hot Stocks Point (NYSE:PE) - October 20 at 7:01 PM
News IconPumping the Brakes, Stock Gapping Downward: Parsley Energy, Inc. (NYSE:PE) - CSZ News (NYSE:PE) - October 20 at 7:01 PM
News IconParsley Energy, Inc. (NYSE:PE) Analyst Opinion - The Independent Republic (NYSE:PE) - October 20 at 7:01 PM
News IconTwo Basic Materials Stocks Are Hot: Parsley Energy, Inc. (PE), Energy Transfer Partners, L.P. (ETP) - The Independent Republic (NYSE:PE) - October 19 at 3:17 PM
News IconCapital Fund Management S.A. Invests $310,000 in Parsley Energy ... - DailyQuint (NYSE:PE) - October 17 at 11:52 AM
News IconAnalysts Valuations For Two Stocks: Parsley Energy Inc (NYSE:PE), Computer Sciences Corporation (NYSE:CSC) - The Voice Registrar (NYSE:PE) - October 17 at 11:52 AM
News IconUpdate on Parsley Energy, Inc. (NYSE:PE) for the day (NYSE:PE) - October 15 at 11:27 AM
News IconParsley Energy, Inc. (NYSE:PE) added about 28.3 percent in value since last earnings - The Independent Republic (NYSE:PE) - October 14 at 6:30 PM
News IconStock Momentum Curbed Pre-Bell, Gapping Down: Parsley Energy ... - CSZ News (NYSE:PE) - October 14 at 6:30 PM
News IconSell-side is Weighing in on Parsley Energy, Inc. (NYSE:PE) Earnings & Targets - CSZ News (NYSE:PE) - October 14 at 6:30 PM
News IconParsley Energy Inc. (PE) Lowered to “Neutral” at Macquarie - DailyQuint (NYSE:PE) - October 13 at 10:23 AM
News IconTwo Materials Stocks Are Just So Hot Right Now: Parsley Energy, Inc. (PE), PPG Industries, Inc. (PPG) - The Independent Republic (NYSE:PE) - October 13 at 10:23 AM logoWill Parsley Energy (PE) Crush Estimates at Its Next Earnings Report? - Nasdaq (NYSE:PE) - October 13 at 10:23 AM logoWill Parsley Energy (PE) Crush Estimates at Its Next Earnings Report? (NYSE:PE) - October 13 at 10:23 AM logoParsley Energy Shares May Be Fully-Valued Following 2016 Run (NYSE:PE) - October 12 at 6:39 PM logoStocks Up In Fading Trade; Solar Could Be Clinton Play (NYSE:PE) - October 10 at 6:16 PM logoParsley Energy (PE) Acquires Certain Texas Oil & Gas Properties ... - (NYSE:PE) - October 8 at 6:12 PM
News IconFeatured Stock: Parsley Energy, Inc. (NYSE:PE) - FactsReporter (NYSE:PE) - October 7 at 11:53 AM
News IconBullish Options Activity on Parsley Energy Inc Surges After Better Fundamentals - Frisco Fastball (NYSE:PE) - October 7 at 11:53 AM
News Icon2 Stocks Attracting Analyst Attention: Parsley Energy Inc (NYSE:PE), Qorvo Inc (NASDAQ:QRVO) - The Voice Registrar (NYSE:PE) - October 6 at 12:15 PM
News IconMomentum Stock in Focus - Parsley Energy, Inc.'s (PE) - Hot Stocks Point (NYSE:PE) - October 6 at 12:15 PM logoPARSLEY ENERGY, INC. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Financial Statements and (NYSE:PE) - October 5 at 6:35 PM
News Icon2 Stocks Analyst-Opinion Need Close Attention Western Refining, Inc. (NYSE:WNR), Parsley Energy Inc (NYSE:PE) - The Voice Registrar (NYSE:PE) - October 4 at 6:18 PM
News IconStock's Current Update - Parsley Energy, Inc. (NYSE:PE) - Hot Stocks Point (NYSE:PE) - October 4 at 6:18 PM
News IconTop Earnings to Watch for: Parsley Energy, Incorporated (NYSE:PE) - The Voice Registrar (NYSE:PE) - October 4 at 6:18 PM logoParsley Energy Schedules Third Quarter 2016 Earnings Conference Call For November 3 (NYSE:PE) - October 4 at 6:18 PM logoParsley Energy, Inc. (NYSE:PE):Consensus Rating At 1.33 - Investor Newswire (NYSE:PE) - October 2 at 5:50 PM logoCan Shares Of Parsley Energy, Inc. (NYSE:PE) Hit $48? - Investor Newswire (NYSE:PE) - October 2 at 5:50 PM logoQ3 Earnings Preview: Which Stocks Expect 50% Or Higher Growth? (NYSE:PE) - September 30 at 3:15 PM logoThis oil math does not add up (NYSE:PE) - September 30 at 3:15 PM logoOil Stocks Pace Market's Gains On OPEC Supply Cut Deal; Small Caps Jam (NYSE:PE) - September 28 at 6:27 PM logoU.S. Crude Stockpiles Fall Again, Producers Meeting Hopes Buoy Oil Prices (NYSE:PE) - September 28 at 11:46 AM
News IconStock Buzz- Parsley Energy, Inc. (NYSE:PE) - Hot Stocks Point (NYSE:PE) - September 27 at 6:36 PM
News IconParsley Energy Inc (NYSE:PE) Analyst Opinion - The Independent Republic (NYSE:PE) - September 27 at 6:36 PM logoParsley Energy, Inc. – Value Analysis (NYSE:PE) : September 27, 2016 (NYSE:PE) - September 27 at 11:18 AM logoParsley Energy, Inc. breached its 50 day moving average in a Bearish Manner : PE-US : September 26, 2016 (NYSE:PE) - September 26 at 11:34 AM logoU.S. Oil Prices Top $45 Even As Speculators Give Up On Output Cap (NYSE:PE) - September 26 at 11:34 AM logoShares Of Parsley Energy, Inc. (NYSE:PE) Expected To Hit $48 - Investor Newswire (NYSE:PE) - September 25 at 5:59 PM
News IconBasic materials stocks for your portfolio: McDermott International Inc. (MDR), Parsley Energy, Inc. (PE) - The Independent Republic (NYSE:PE) - September 22 at 6:23 PM
News IconSell-side is Weighing in on Parsley Energy, Inc. (NYSE:PE) Earnings & Targets - Frisco Fastball (NYSE:PE) - September 20 at 11:57 AM
News IconStock in Focus - Parsley Energy, Inc.'s (PE) - Hot Stocks Point (NYSE:PE) - September 20 at 11:57 AM logoCan Shares Of Parsley Energy, Inc. (NYSE:PE) Hit $48 - Investor Newswire (NYSE:PE) - September 18 at 6:14 PM
News IconAnalysts Valuations For Two Stocks: Medical Properties Trust, Inc. (NYSE:MPW), Parsley Energy Inc (NYSE:PE) - The Voice Registrar (NYSE:PE) - September 17 at 6:15 PM logoDiamondback Dominates Shale-Rich Permian Basin With Conservative Deals (NYSE:PE) - September 16 at 10:14 AM
News IconAnalysts Take on Earnings: NVIDIA Corporation (NASDAQ:NVDA), Parsley Energy, Inc. (NYSE:PE) - Yankee Analysts (NYSE:PE) - September 14 at 6:52 PM logoTechnical Roundup on Oil & Gas Stocks -- EOG Resources, Parsley ... - PR Newswire (press release) (NYSE:PE) - September 13 at 11:36 AM
News IconAnalysts Valuations For Two Stocks: Gentex (NASDAQ:GNTX), Parsley Energy (NYSE:PE) - The Voice Registrar (NYSE:PE) - September 12 at 11:20 AM


Parsley Energy (NYSE:PE) Chart for Monday, October, 24, 2016

Last Updated on 10/24/2016 by Staff