Parsley Energy Stock Forecast, Price & News

Parsley Energy's stock was trading at $6.79 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PE shares have increased by 57.4% and is now trading at $10.69.
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24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parsley Energy in the last year. There are currently 5 hold ratings, 18 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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Parsley Energy is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for Parsley Energy.

Parsley Energy will be holding an earnings conference call on Wednesday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Parsley Energy, Inc. (NYSE:PE) announced its quarterly earnings data on Wednesday, August, 5th. The oil and natural gas company reported $0.03 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.14) by $0.17. The oil and natural gas company had revenue of $220.21 million for the quarter, compared to analysts' expectations of $327.18 million. Parsley Energy had a positive return on equity of 5.13% and a negative net margin of 200.23%.
View Parsley Energy's earnings history.

Parsley Energy declared a quarterly dividend on Wednesday, August 5th. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.05 per share on Friday, September 18th. This represents a $0.20 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date is Friday, September 4th.
View Parsley Energy's dividend history.

24 analysts have issued 1 year price targets for Parsley Energy's shares. Their forecasts range from $9.00 to $22.00. On average, they expect Parsley Energy's share price to reach $14.45 in the next twelve months. This suggests a possible upside of 35.2% from the stock's current price.
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Parsley Energy saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 36,590,000 shares, an increase of 21.7% from the September 15th total of 30,070,000 shares. Based on an average daily trading volume, of 7,420,000 shares, the days-to-cover ratio is presently 4.9 days.
View Parsley Energy's Short Interest.

Some companies that are related to Parsley Energy include Pioneer Natural Resources (PXD), Encana (ECA), Woodside Petroleum (WOPEY), Occidental Petroleum (OXY), Concho Resources (CXO), (DEN) (DEN), GALP ENERGIA SG/ADR (GLPEY), Cabot Oil & Gas (COG), Toray Industries (TRYIY), Continental Resources (CLR), Diamondback Energy (FANG), Cenovus Energy (CVE), EQT (EQT), Noble Energy (NBL) and Noble Energy (NBL).
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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).

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

Parsley Energy's stock is owned by many different institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.31%), Tributary Capital Management LLC (0.29%), Viking Fund Management LLC (0.14%), Peregrine Capital Management LLC (0.13%), Ziegler Capital Management LLC (0.11%) and Envestnet Asset Management Inc. (0.11%). Company insiders that own Parsley Energy stock include A R Alameddine, Bryan Sheffield, Colin Roberts, 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, Ziegler Capital Management LLC, Richard P Slaughter Associates Inc, Hodges Capital Management Inc., AMG National Trust Bank, and Pinnacle Associates Ltd.. Company insiders that have sold Parsley Energy company stock in the last year include Bryan Sheffield, and Colin Roberts.
View insider buying and selling activity for Parsley Energy.

PE stock was bought by a variety of institutional investors in the last quarter, including Gradient Investments LLC, Tributary Capital Management LLC, Viking Fund Management LLC, Envestnet Asset Management Inc., Trellus Management Company LLC, Wedge Capital Management L L P NC, Raymond James Trust N.A., and Fulton Bank N. A.. Company insiders that have bought Parsley Energy stock in the last two years include A R Alameddine, 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 $10.69.

Parsley Energy has a market capitalization of $4.41 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 496 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]