NYSE:PE

Parsley Energy Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
$16.93
0.00 (0.00 %)
(As of 01/12/2021)
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Today's Range
$16.62
$17.31
50-Day Range
$13.73
$16.93
52-Week Range
$3.92
$18.29
Volume35.69 million shs
Average Volume12.27 million shs
Market Capitalization$6.99 billion
P/E RatioN/A
Dividend Yield1.18%
Beta2.24

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Parsley Energy logo

About Parsley Energy

Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, exploration, production, and sale of crude oil and natural gas properties in the Permian Basin in west Texas and Southeastern New Mexico. As of December 31, 2019, its acreage position consisted of 191,179 net acres, including 149,615 net acres in the Midland Basin and 41,564 net acres in the Delaware Basin; and operated 558.9 net acres of the horizontal wells and 723.1 net acres of the vertical wells, as well an estimated proved oil, natural gas, and natural gas liquid reserves of 592.3 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.

Headlines

PE Crosses Above Average Analyst Target
PE Crosses Above Average Analyst Target
January 7, 2021 |  nasdaq.com
Energy M&A: 5 Biggest Deals of 2020 & the Outlook for 2021
Energy M&A: 5 Biggest Deals of 2020 & the Outlook for 2021
December 28, 2020 |  finance.yahoo.com
PXD Dec 2020 112.000 put
PXD Dec 2020 112.000 put
December 21, 2020 |  uk.finance.yahoo.com
Is PE A Good Stock To Buy According To Hedge Funds?
Is PE A Good Stock To Buy According To Hedge Funds?
December 21, 2020 |  finance.yahoo.com
PXD Dec 2020 104.000 call
PXD Dec 2020 104.000 call
December 21, 2020 |  uk.finance.yahoo.com
Oil Bulls Are Back Despite New COVID Lockdowns
Oil Bulls Are Back Despite New COVID Lockdowns
December 15, 2020 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.33 out of 5 stars

Oils/Energy Sector

24th out of 712 stocks

Crude Petroleum & Natural Gas Industry

8th out of 270 stocks

Analyst Opinion: 1.3Community Rank: 3.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -
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Parsley Energy (NYSE:PE) Frequently Asked Questions

Is Parsley Energy a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Parsley Energy in the last twelve months. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Parsley Energy stock.
View analyst ratings for Parsley Energy
or view top-rated stocks.

What stocks does MarketBeat like better than Parsley Energy?

Wall Street analysts have given Parsley Energy a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Parsley Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How were Parsley Energy's earnings last quarter?

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

How often does Parsley Energy pay dividends? What is the dividend yield for Parsley Energy?

Parsley Energy announced a quarterly dividend on Wednesday, October 28th. Shareholders of record on Tuesday, December 8th will be paid a dividend of $0.05 per share on Friday, December 18th. This represents a $0.20 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Monday, December 7th.
View Parsley Energy's dividend history
.

Is Parsley Energy a good dividend stock?

Parsley Energy pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.18%. The dividend payout ratio of Parsley Energy is 17.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Parsley Energy will have a dividend payout ratio of 20.83% next year. This indicates that Parsley Energy will be able to sustain or increase its dividend.
View Parsley Energy's dividend history.

What price target have analysts set for PE?

13 brokers have issued 12 month target prices for Parsley Energy's stock. Their forecasts range from $11.00 to $18.00. On average, they anticipate Parsley Energy's stock price to reach $14.73 in the next twelve months. This suggests that the stock has a possible downside of 13.0%.
View analysts' price targets for Parsley Energy
or view top-rated stocks among Wall Street analysts.

Who are Parsley Energy's key executives?

Parsley Energy's management team includes the following people:
  • Mr. Matthew Gallagher, Pres, CEO & Director (Age 39, Pay $1.94M)
  • Mr. Michael W. Hinson, Co-Founder & Sr. VP of Corp. Affairs (Age 53, Pay $677.37k)
  • Mr. Ryan Dalton, Exec. VP & CFO (Age 42, Pay $1.06M)
  • Mr. David Dell'Osso, Exec. VP & COO (Age 43, Pay $1.09M)
  • Mr. Colin W. Roberts, Exec. VP, Gen. Counsel & Sec. (Age 43, Pay $925.64k)
  • Mr. Bryan Sheffield, Founder & Exec. Chairman (Age 43)
  • Mr. Paul Treadwell, Co-Founder & Sr. VP of Production Operations (Age 54)
  • Ms. Cecilia Camarillo, Sr. VP of Accounting
  • Mr. Kyle Rhodes, VP of Investor Relations
  • Katharine McAden, Corp. Communications Mang.

Who are some of Parsley Energy's key competitors?

What other stocks do shareholders of Parsley Energy own?

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

What is Parsley Energy's stock symbol?

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

What is Parsley Energy's stock price today?

One share of PE stock can currently be purchased for approximately $16.93.

How much money does Parsley Energy make?

Parsley Energy has a market capitalization of $6.99 billion and generates $1.96 billion in revenue each year. The oil and natural gas company earns $175.21 million in net income (profit) each year or $1.12 on an earnings per share basis.

How many employees does Parsley Energy have?

Parsley Energy employs 496 workers across the globe.

What is Parsley Energy's official website?

The official website for Parsley Energy is www.parsleyenergy.com.

Where are Parsley Energy's headquarters?

Parsley Energy is headquartered at 303 COLORADO STREET SUITE 3000, AUSTIN TX, 78701.

How can I contact Parsley Energy?

Parsley Energy's mailing address is 303 COLORADO STREET SUITE 3000, AUSTIN TX, 78701. The oil and natural gas company can be reached via phone at 737-704-2300 or via email at [email protected]


This page was last updated on 7/24/2021 by MarketBeat.com Staff
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