NYSE:PE - Parsley Energy Stock Price, News, & Analysis

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$18.82 +0.09 (+0.48 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$18.73
Today's Range$18.57 - $18.99
52-Week Range$14.17 - $33.43
Volume4.84 million shs
Average Volume5.70 million shs
Market Capitalization$5.96 billion
P/E Ratio27.28
Dividend YieldN/A
Beta0.41
Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin in West Texas and Southeastern New Mexico. As of December 31, 2017, its acreage position consisted of 219,747 net acres, including 174,392 net acres in the Midland Basin and 45,355 net acres in the Delaware Basin; and 241.0 net producing horizontal wells and 731.5 net producing vertical wells, as well an estimated proved oil and natural gas reserves were 416.4 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone737-704-2300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$967.04 million
Cash Flow$1.8433 per share
Book Value$18.70 per share

Profitability

Net Income$106.77 million

Miscellaneous

Employees460
Market Cap$5.96 billion
OptionableOptionable

Parsley Energy (NYSE:PE) Frequently Asked Questions

What is Parsley Energy's stock symbol?

Parsley Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "PE."

How were Parsley Energy's earnings last quarter?

Parsley Energy Inc (NYSE:PE) released its earnings results on Tuesday, August, 7th. The oil and natural gas company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.02. The oil and natural gas company had revenue of $467.79 million for the quarter, compared to analysts' expectations of $431.02 million. Parsley Energy had a return on equity of 6.77% and a net margin of 21.70%. View Parsley Energy's Earnings History.

When is Parsley Energy's next earnings date?

Parsley Energy is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Parsley Energy.

How can I listen to Parsley Energy's earnings call?

Parsley Energy will be holding an earnings conference call on Friday, February 22nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8777098150.

What price target have analysts set for PE?

32 equities research analysts have issued 1 year price targets for Parsley Energy's stock. Their predictions range from $18.00 to $57.00. On average, they anticipate Parsley Energy's stock price to reach $33.25 in the next twelve months. This suggests a possible upside of 76.7% from the stock's current price. View Analyst Price Targets for Parsley Energy.

What is the consensus analysts' recommendation for Parsley Energy?

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parsley Energy in the last year. There are currently 4 hold ratings, 27 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Parsley Energy.

Has Parsley Energy been receiving favorable news coverage?

News coverage about PE stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Parsley Energy earned a daily sentiment score of 0.9 on InfoTrie's scale. They also assigned news headlines about the oil and natural gas company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Are investors shorting Parsley Energy?

Parsley Energy saw a drop in short interest in January. As of January 31st, there was short interest totalling 9,628,286 shares, a drop of 32.7% from the January 15th total of 14,306,883 shares. Based on an average trading volume of 5,410,824 shares, the days-to-cover ratio is currently 1.8 days. Approximately 3.6% of the shares of the stock are short sold. View Parsley Energy's Current Options Chain.

Who are some of Parsley Energy's key competitors?

Who are Parsley Energy's key executives?

Parsley Energy's management team includes the folowing people:
  • Mr. Bryan Sheffield, Founder & Exec. Chairman (Age 41)
  • Mr. Matthew Gallagher, Pres, CEO & Director (Age 37)
  • Mr. Michael W. Hinson, Co-Founder & Sr. VP of Corp. Devel. (Age 51)
  • Mr. Ryan Dalton, Exec. VP & CFO (Age 40)
  • Mr. Colin W. Roberts, Exec. VP, Gen. Counsel & Sec. (Age 41)

Who are Parsley Energy's major shareholders?

Parsley Energy's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.27%), Boston Partners (2.27%), Barrow Hanley Mewhinney & Strauss LLC (2.11%), Victory Capital Management Inc. (2.11%), Bank of New York Mellon Corp (2.07%) and Van ECK Associates Corp (1.62%). Company insiders that own Parsley Energy stock include A R Alameddine, Bryan Sheffield, Colin Roberts, Hemang Desai, Jerry Windlinger, Matthew Gallagher, Mike Hinson, Ron Brokmeyer and Ryan Dalton. View Institutional Ownership Trends for Parsley Energy.

Which major investors are selling Parsley Energy stock?

PE stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Boston Partners, Van ECK Associates Corp, Barrow Hanley Mewhinney & Strauss LLC, Bank of New York Mellon Corp, Paloma Partners Management Co, Bank of America Corp DE and Carmignac Gestion. Company insiders that have sold Parsley Energy company stock in the last year include Bryan Sheffield, Colin Roberts and Mike Hinson. View Insider Buying and Selling for Parsley Energy.

Which major investors are buying Parsley Energy stock?

PE stock was bought by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Scout Investments Inc., Mackenzie Financial Corp, Dimensional Fund Advisors LP, Two Sigma Investments LP, LSP Investment Advisors LLC, Peregrine Capital Management LLC and CIBC Private Wealth Group LLC. Company insiders that have bought Parsley Energy stock in the last two years include A R Alameddine, Bryan Sheffield, Hemang Desai, Jerry Windlinger, Matthew Gallagher and Ron Brokmeyer. View Insider Buying and Selling for Parsley Energy.

How do I buy shares of Parsley Energy?

Shares of PE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Parsley Energy's stock price today?

One share of PE stock can currently be purchased for approximately $18.82.

How big of a company is Parsley Energy?

Parsley Energy has a market capitalization of $5.96 billion and generates $967.04 million in revenue each year. The oil and natural gas company earns $106.77 million in net income (profit) each year or $0.69 on an earnings per share basis. Parsley Energy employs 460 workers across the globe.

What is Parsley Energy's official website?

The official website for Parsley Energy is http://www.parsleyenergy.com.

How can I contact Parsley Energy?

Parsley Energy's mailing address is 303 COLORADO STREET SUITE 3000, AUSTIN TX, 79701. The oil and natural gas company can be reached via phone at 737-704-2300 or via email at [email protected]


MarketBeat Community Rating for Parsley Energy (NYSE PE)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  674 (Vote Outperform)
Underperform Votes:  360 (Vote Underperform)
Total Votes:  1,034
MarketBeat's community ratings are surveys of what our community members think about Parsley Energy and other stocks. Vote "Outperform" if you believe PE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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