NYSE:PEParsley Energy Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Parsley Energy Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $10.68 +0.09 (+0.85 %) (As of 07/1/2020 04:00 PM ET) Add Compare Share Today's Range$10.34Now: $10.68▼$10.7850-Day Range$8.40MA: $10.35▼$13.2352-Week Range$3.92Now: $10.68▼$20.80Volume7.75 million shsAverage Volume10.63 million shsMarket Capitalization$4.41 billionP/E RatioN/ADividend Yield1.87%Beta2.1 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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, 2018, its acreage position consisted of 198,946 net acres, including 154,107 net acres in the Midland Basin and 44,839 net acres in the Delaware Basin; and operated 425.3 net acres of the horizontal wells and 735.7 net acres of the vertical wells, as well an estimated proved oil, natural gas, and natural gas liquid reserves of 521.7 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.Read More Beat the Market (BTM) Rank™ 4.4 Analyst's Opinion Consensus RatingParsley Energy has received a consensus rating of Buy. The company's average rating score is 2.87, and is based on 20 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.70, Parsley Energy has a potential upside of 56.3% from its current price of $10.68.Amount of Analyst CoverageParsley Energy has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.2 Community Rank Outperform VotesParsley Energy has received 830 “outperform” votes. (Add your “outperform” vote.)Underperform VotesParsley Energy has received 480 “underperform” votes. (Add your “underperform” vote.)Community SentimentParsley Energy has received 63.36% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldParsley Energy pays a meaningful dividend of 1.87%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthParsley Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Parsley Energy is 17.86%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Parsley Energy will have a dividend payout ratio of 181.82% in the coming year. This indicates that Parsley Energy may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Parsley Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 19.42% of the stock of Parsley Energy is held by insiders.Percentage Held by Institutions68.39% of the stock of Parsley Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Parsley Energy are expected to grow by 57.14% in the coming year, from $0.07 to $0.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Parsley Energy is -1.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Parsley Energy is -1.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioParsley Energy has a PEG Ratio of 4.42. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParsley Energy has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.4Community Rank: 3.2Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.56 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:PE Previous Symbol CUSIPN/A CIK1594466 Webwww.parsleyenergy.com Phone737-704-2300Debt Debt-to-Equity Ratio0.68 Current Ratio0.84 Quick Ratio0.84Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio152.57 P/E Growth4.42 Sales & Book Value Annual Sales$1.96 billion Price / Sales2.25 Cash Flow$3.54 per share Price / Cash Flow3.02 Book Value$20.60 per share Price / Book0.52Profitability EPS (Most Recent Fiscal Year)$1.12 Net Income$175.21 million Net Margins-151.11% Return on Equity5.98% Return on Assets3.75%Miscellaneous Employees527 Outstanding Shares412,727,000Market Cap$4.41 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable PE Rates by TradingView Receive PE News and Ratings via Email Sign-up to receive the latest news and ratings for PE and its competitors with MarketBeat's FREE daily newsletter. Parsley Energy (NYSE:PE) Frequently Asked Questions How has Parsley Energy's stock been impacted by COVID-19 (Coronavirus)? 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 shares have increased by 57.3% and is now trading at $10.68. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Parsley Energy? 23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parsley Energy in the last year. There are currently 3 hold ratings and 20 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Parsley Energy. When is Parsley Energy's next earnings date? Parsley Energy is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Parsley Energy. How were Parsley Energy's earnings last quarter? Parsley Energy Inc (NYSE:PE) released its quarterly earnings results on Monday, May, 4th. The oil and natural gas company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.05. The oil and natural gas company earned $564.80 million during the quarter, compared to analysts' expectations of $597.35 million. Parsley Energy had a positive return on equity of 5.98% and a negative net margin of 151.11%. Parsley Energy's revenue was up 32.1% compared to the same quarter last year. During the same period last year, the firm earned $0.22 EPS. 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 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 1.87%. The ex-dividend date of this dividend is Monday, June 8th. View Parsley Energy's dividend history. What price target have analysts set for PE? 23 brokers have issued 1-year 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 $16.70 in the next twelve months. This suggests a possible upside of 56.3% from the stock's current price. View analysts' price targets for Parsley Energy. Has Parsley Energy been receiving favorable news coverage? Media coverage about PE stock has trended very negative recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Parsley Energy earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave press coverage about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Parsley Energy. Who are some of Parsley Energy's key competitors? Some companies that are related to Parsley Energy include Occidental Petroleum (OXY), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Encana (ECA), Concho Resources (CXO), GALP ENERGIA SG/ADR (GLPEY), TORAY INDUSTRIE/ADR (TRYIY), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Cenovus Energy (CVE), Apache (APA), Sasol (SSL), Marathon Oil (MRO) and Devon Energy (DVN). View all 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), 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). Who are Parsley Energy's key executives? Parsley Energy's management team includes the following people: Mr. Bryan Sheffield, Founder & Exec. Chairman (Age 41)Mr. Matthew Gallagher, Pres, CEO & Director (Age 37)Mr. Ryan Dalton, Exec. VP & CFO (Age 40)Mr. David Dell'Osso, Exec. VP & COO (Age 41)Mr. Colin W. Roberts, Exec. VP, Gen. Counsel & Sec. (Age 41) What is Parsley Energy's stock symbol? Parsley Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "PE." 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, Robinhood, Fidelity, and Charles Schwab. What is Parsley Energy's stock price today? One share of PE stock can currently be purchased for approximately $10.68. How big of a company is Parsley Energy? 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 527 workers across the globe. What is Parsley Energy's official website? The official website for Parsley Energy is www.parsleyenergy.com. 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 7/2/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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