NYSE:PEParsley Energy Stock Price, Forecast & News

Parsley Energy's stock was trading at $6.79 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PE stock has increased by 68.8% and is now trading at $11.46.
View which stocks have been most impacted by Coronavirus.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parsley Energy in the last year. There are currently 2 hold ratings, 21 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Parsley Energy.

Parsley Energy is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020.
View our earnings forecast for Parsley Energy.

Parsley Energy Inc (NYSE:PE) announced its earnings results on Monday, May, 4th. The oil and natural gas company reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.05. The oil and natural gas company had revenue of $564.80 million for the quarter, compared to the consensus estimate of $597.35 million. Parsley Energy had a negative net margin of 151.11% and a positive return on equity of 5.98%. The business's quarterly revenue was up 32.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 earnings per share.
View Parsley Energy's earnings history.

Parsley Energy declared a quarterly dividend on Monday, May 4th. Shareholders of record on Tuesday, June 9th will be given a dividend of $0.05 per share on Friday, June 19th. This represents a $0.20 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Monday, June 8th.
View Parsley Energy's dividend history.

24 brokerages have issued twelve-month price objectives for Parsley Energy's shares. Their forecasts range from $9.00 to $29.00. On average, they expect Parsley Energy's share price to reach $16.58 in the next twelve months. This suggests a possible upside of 44.7% from the stock's current price.
View analysts' price targets for Parsley Energy.

Headlines about PE stock have been trending neutral recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Parsley Energy earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned news articles about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days.
View the latest news about Parsley Energy.

Some companies that are related to Parsley Energy include Pioneer Natural Resources (PXD), Occidental Petroleum (OXY), WOODSIDE PET LT/ADR (WOPEY), Encana (ECA), Concho Resources (CXO), GALP ENERGIA SG/ADR (GLPEY), Cabot Oil & Gas (COG), TORAY INDUSTRIE/ADR (TRYIY), Diamondback Energy (FANG), Continental Resources (CLR), Apache (APA), Cenovus Energy (CVE), Sasol (SSL), Noble Energy (NBL) and Marathon Oil (MRO).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Parsley Energy investors own include Micron Technology (MU), Pioneer Natural Resources (PXD), Alibaba Group (BABA), Boeing (BA), Diamondback Energy (FANG), Citigroup (C), Cisco Systems (CSCO), Johnson & Johnson (JNJ), NVIDIA (NVDA) and Broadcom (AVGO).

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

Parsley Energy's stock is owned by many different retail and institutional investors. Top institutional investors include First Trust Advisors LP (0.71%), UBS Group AG (0.32%), Wedge Capital Management L L P NC (0.31%), Van Den Berg Management I Inc. (0.25%), Tributary Capital Management LLC (0.24%) and Swiss National Bank (0.16%). Company insiders that own Parsley Energy stock include A R Alameddine, Bryan Sheffield, Colin Roberts, Hemang Desai, Jerry Windlinger, Mike Hinson and Ron Brokmeyer.
View institutional ownership trends for Parsley Energy.

PE stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, WINTON GROUP Ltd, SG Americas Securities LLC, Emerald Advisers LLC, Van Den Berg Management I Inc., CWM LLC, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, and Arizona State Retirement System.
View insider buying and selling activity for Parsley Energy.

PE stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, UBS Group AG, Principal Financial Group Inc., Viking Fund Management LLC, Ziegler Capital Management LLC, Raymond James & Associates, Monarch Partners Asset Management LLC, and MERIAN GLOBAL INVESTORS UK Ltd. Company insiders that have bought Parsley Energy stock in the last two years include A R Alameddine, Hemang Desai, Jerry Windlinger, and Ron Brokmeyer.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of PE stock can currently be purchased for approximately $11.46.

Parsley Energy has a market capitalization of $4.73 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. Parsley Energy employs 527 workers across the globe.

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

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]