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: $31.37
  • 50 Day Moving Average: $33.43
  • 200 Day Moving Average: $27.08
  • 52-Week Range: $171,230,000.00 - $13.84
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 65.35
  • P/E Growth: 13.34
  • Market Cap: $5.37B
  • Outstanding Shares: 171,230,000
  • Beta: -0.07
  • 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: 4 Hold Ratings, 27 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.91)
Consensus Price Target: $31.21 (0.52% downside)

Analysts' Ratings History for Parsley Energy (NYSE:PE)
DateFirmActionRatingPrice TargetDetails
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
8/17/2016NomuraBoost Price TargetBuy$31.00 -> $36.00View 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
9/21/2015MacquarieReiterated RatingOutperform$20.00 -> $19.00View 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 9/25/2014 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)$0.08$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: 84.49%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 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
News IconParsley Energy, Inc. (NYSE:PE) To Report September 2016 Results - The Voice Registrar (NYSE:PE) - September 10 at 5:59 PM logoWhy Lithium Is Set to Take Off Before Christmas (NYSE:PE) - September 8 at 10:32 AM
News IconAnalysts Valuations For Two Stocks: SolarCity Corp (NASDAQ:SCTY), Parsley Energy Inc (NYSE:PE) - The Voice Registrar (NYSE:PE) - September 7 at 6:51 PM logoApache Corporation Just Unveiled a Monster New Oil Discovery (NYSE:PE) - September 7 at 6:51 PM
News IconAnalysts Valuations For Two Stocks: Parsley Energy Inc (NYSE:PE), U.S. Silica Holdings Inc (NYSE:SLCA) - The Voice Registrar (NYSE:PE) - September 3 at 10:58 AM
News IconAnalysts Weigh in on Parsley Energy Inc (NYSE:PE) - Post Registrar (NYSE:PE) - September 3 at 10:58 AM
News IconNew York Community Bancorp, Inc. (NYSE:NYCB) & Parsley Energy ... - Money News (NYSE:PE) - September 1 at 6:40 PM logoParsley Energy to Participate in the Barclays CEO Energy-Power Conference (NYSE:PE) - September 1 at 9:52 AM logoOil Prices, Exxon, Chevron Fall As U.S. Crude Stockpiles Rise (NYSE:PE) - August 31 at 11:48 AM logoMorgan Stanley Keeps Rating And Lowers Price Target On Parsley Energy, Inc. Class A Co (PE) (NYSE:PE) - August 30 at 10:03 AM logoWilliams Capital Recommends A Hold On Parsley Energy, Despite It Being 'A Rare Growth Story' (NYSE:PE) - August 29 at 6:32 PM logoCan Parsley Energy, Inc. (NYSE:PE) Meet Analyst Targets? - Investor Newswire (NYSE:PE) - August 29 at 11:17 AM
News IconCrowd is Weighing in on Parsley Energy, Inc. (NYSE:PE) - Post News (NYSE:PE) - August 29 at 11:17 AM logoCoverage initiated on Parsley Energy by Williams Capital Group (NYSE:PE) - August 29 at 11:17 AM logoNot All Shale Stocks Are Equal: Which Ones Are Buys? (NYSE:PE) - August 29 at 11:17 AM logoTOTAL (TOT): Start-ups Drive Growth, Commodity Price a Woe (NYSE:PE) - August 23 at 11:14 AM
News IconAnalyst Viewpoints on Price Reaction History: Parsley Energy Inc (NYSE:PE) - Post Registrar (NYSE:PE) - August 22 at 11:22 AM logoWill Parsley Energy, Inc. (NYSE:PE) Hit $44 Price Target? - Investor Newswire (NYSE:PE) - August 21 at 5:59 PM logoPARSLEY ENERGY, INC. Files SEC form 8-K, Regulation FD Disclosure (NYSE:PE) - August 17 at 7:03 PM logoWhat’s So Attractive About Parsley Energy? (NYSE:PE) - August 17 at 7:03 PM logoETF’s with exposure to Parsley Energy, Inc. : August 17, 2016 (NYSE:PE) - August 17 at 7:03 PM
News IconActive Watchful Movers- Flowers Foods (NYSE:FLO), Parsley ... - Seneca Globe (NYSE:PE) - August 17 at 9:48 AM logo3:30 pm Parsley Energy prices private placement of an additional $200.0 million in aggregate principal amount of their 6.250% senior unsecured notes due 2024 at 102.000% of par (NYSE:PE) - August 16 at 6:54 PM logoParsley Energy, LLC Announces Pricing of $200 Million Private Placement of Additional 6.250% Senior Unsecured Notes due 2024 (NYSE:PE) - August 16 at 6:54 PM logoParsley Energy Prices Upsized Offering of Class A Common Stock (NYSE:PE) - August 16 at 10:01 AM logoConcho Buys West Texas Properties From Reliance For $1.65B (NYSE:PE) - August 16 at 10:01 AM logoParsley Energy (PE) Announces $400M Midland Basin Acquisition (NYSE:PE) - August 15 at 7:06 PM logoPARSLEY ENERGY, INC. Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (NYSE:PE) - August 15 at 7:06 PM logoParsley Energy Announces Midland Basin Acquisition (NYSE:PE) - August 15 at 7:06 PM logoParsley Energy Announces Public Offering of Class A Common Stock (NYSE:PE) - August 15 at 7:06 PM logoParsley Energy, LLC Announces $200 Million Private Placement of Additional 6.250% Senior Unsecured Notes due 2024 (NYSE:PE) - August 15 at 7:06 PM logoParsley Energy LLC -- Moody's says Parsley Energy's tack-on to senior unsecured notes does not affect the ratings (NYSE:PE) - August 15 at 7:06 PM
News IconParsley Energy announces resignation of Randolph Newcomer, Jr. from its Board of Directors (NYSE:PE) - August 15 at 8:57 AM
News IconParnell joins Parsley Energy as VP, Newcomer resigns board post (NYSE:PE) - August 12 at 6:54 PM logoPARSLEY ENERGY, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financi (NYSE:PE) - August 12 at 6:54 PM logoParsley Energy Announces Resignation of Randolph Newcomer, Jr. from its Board of Directors and Appointment of Larry Parnell as Vice President - Engineering (NYSE:PE) - August 12 at 6:54 PM
News IconLooking At Current Analyst Coverage on Parsley Energy Inc (NYSE:PE) - The Voice Registrar (NYSE:PE) - August 11 at 7:15 PM logoCEOs of Parsley Energy Inc. (PE) and Hecla Mining Company (HL) Are Discarding Shares, Plus Insider Buying at 3 ... - Insider Monkey (blog) (NYSE:PE) - August 11 at 7:15 PM
News IconCEOs of Parsley Energy Inc. (PE) and Hecla Mining Company (HL) Are Discarding Shares, Plus Insider Buying at 3 Other Companies (NYSE:PE) - August 11 at 1:11 PM
News IconAnalysts Recommendation on Parsley Energy Inc (NYSE:PE) - Post Registrar (NYSE:PE) - August 11 at 10:00 AM logoLarge Inflow of Money Detected in Parsley Energy (NYSE:PE) - August 10 at 9:52 AM


Parsley Energy (NYSE:PE) Chart for Sunday, September, 25, 2016

Last Updated on 9/25/2016 by Staff