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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:PE
CUSIPN/A
Phone737-704-2300
Debt
Debt-to-Equity Ratio0.36
Current Ratio0.93
Quick Ratio0.93
Price-To-Earnings
Trailing P/E Ratio40.71
Forward P/E Ratio17.78
P/E Growth0.58
Sales & Book Value
Annual Sales$967.04 million
Price / Sales9.20
Cash Flow$1.7812 per share
Price / Cash15.77
Book Value$18.70 per share
Price / Book1.50
Profitability
EPS (Most Recent Fiscal Year)$0.69
Net Income$106.77 million
Net Margins16.89%
Return on Equity5.25%
Return on Assets3.58%
Miscellaneous
Employees460
Outstanding Shares316,780,000
Market Cap$8.92 billion
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) issued 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 earned $467.79 million during the quarter, compared to analysts' expectations of $431.02 million. Parsley Energy had a return on equity of 5.25% and a net margin of 16.89%. View Parsley Energy's Earnings History.
When is Parsley Energy's next earnings date?
How can I listen to Parsley Energy's earnings call?
Parsley Energy will be holding an earnings conference call on Friday, November 2nd 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?
25 analysts have issued 12 month target prices for Parsley Energy's stock. Their forecasts range from $25.00 to $58.00. On average, they expect Parsley Energy's share price to reach $38.6667 in the next year. This suggests a possible upside of 37.7% from the stock's current price. View Analyst Price Targets for Parsley Energy.
What is the consensus analysts' recommendation for Parsley Energy?
25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parsley Energy in the last year. There are currently 4 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Parsley Energy.
Who are some of Parsley Energy's key competitors?
Some companies that are related to Parsley Energy include Canadian Natural Resource (CNQ), Anadarko Petroleum (APC), Concho Resources (CXO), The Hong Kong and China Gas (HOKCY), Pioneer Natural Resources (PXD), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL), Continental Resources (CLR), Devon Energy (DVN), Marathon Oil (MRO), Apache (APA), Noble Energy (NBL), GALP ENERGIA SG/ADR (GLPEY), Diamondback Energy (FANG) and Rwe Ag Sp (RWEOY).
Who are Parsley Energy's key executives?
Parsley Energy's management team includes the folowing people:
- Mr. Bryan Sheffield, Founder, Chairman & CEO (Age 40)
- Mr. Matthew Gallagher, Pres & Director (Age 36)
- Mr. Michael W. Hinson, Co-Founder & Sr. VP of Corp. Devel. (Age 50)
- Mr. Ryan Dalton, Exec. VP & CFO (Age 39)
- Mr. Colin W. Roberts, Exec. VP, Gen. Counsel & Sec. (Age 40)
Who are Parsley Energy's major shareholders?
Parsley Energy's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Viking Fund Management LLC (0.09%), Seven Eight Capital LP (0.07%), Denali Advisors LLC (0.06%), Bank of Montreal Can (0.05%), Deltec Asset Management LLC (0.05%) and Capital Impact Advisors LLC (0.03%). 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 Bank of Montreal Can, Viking Fund Management LLC, Deltec Asset Management LLC and Capital Impact Advisors LLC. 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 Bright Rock Capital Management LLC, Denali Advisors LLC, Seven Eight Capital LP, Jaffetilchin Investment Partners LLC, Highland Capital Management LLC, Oakbrook Investments LLC, Clinton Group Inc. and Fox Run Management L.L.C.. 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 $28.09.
How big of a company is Parsley Energy?
Parsley Energy has a market capitalization of $8.92 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?
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)
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.
