NYSE:PE - Parsley Energy Stock Price, News, & Analysis

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$18.70 +0.24 (+1.30 %)
(As of 01/16/2019 06:46 AM ET)
Previous Close$18.46
Today's Range$18.52 - $18.87
52-Week Range$14.17 - $33.43
Volume3.64 million shs
Average Volume6.70 million shs
Market Capitalization$5.85 billion
P/E Ratio27.10
Dividend YieldN/A
Beta0.23
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.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone737-704-2300

Debt

Current Ratio0.70
Quick Ratio0.70

Price-To-Earnings

Sales & Book Value

Annual Sales$967.04 million
Price / Sales6.13
Cash Flow$1.8085 per share
Price / Cash Flow10.34
Book Value$18.70 per share
Price / Book1.00

Profitability

Net Income$106.77 million
Net Margins21.70%
Return on Assets4.53%

Miscellaneous

Employees460
Market Cap$5.85 billion
OptionableOptionable

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) announced its quarterly earnings results on Thursday, November, 1st. The oil and natural gas company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.01. The oil and natural gas company earned $511 million during the quarter, compared to the consensus estimate of $493.44 million. Parsley Energy had a return on equity of 6.77% and a net margin of 21.70%. The company's revenue for the quarter was up 112.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.12 earnings per share. View Parsley Energy's Earnings History.

When is Parsley Energy's next earnings date?

Parsley Energy is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Parsley Energy.

What price target have analysts set for PE?

31 brokers have issued 12-month price objectives for Parsley Energy's shares. Their forecasts range from $19.00 to $57.00. On average, they expect Parsley Energy's share price to reach $33.4138 in the next twelve months. This suggests a possible upside of 78.7% from the stock's current price. View Analyst Price Targets for Parsley Energy.

What is the consensus analysts' recommendation for Parsley Energy?

31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parsley Energy in the last year. There are currently 4 hold ratings, 26 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Parsley Energy.

Has Parsley Energy been receiving favorable news coverage?

News headlines about PE stock have been trending very negative this week, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Parsley Energy earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave press coverage about the oil and natural gas company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days.

Are investors shorting Parsley Energy?

Parsley Energy saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 16,067,311 shares, an increase of 36.9% from the December 14th total of 11,739,962 shares. Based on an average daily volume of 7,489,784 shares, the short-interest ratio is presently 2.1 days. Approximately 6.0% of the company's shares are short sold. View Parsley Energy's Current Options Chain.

Who are some of Parsley Energy's key competitors?

Who are Parsley Energy's key executives?

Parsley Energy's management team includes the folowing people:
  • Mr. Bryan Sheffield, Founder, Chairman & CEO (Age 41)
  • Mr. Matthew Gallagher, Pres & Director (Age 37)
  • Mr. Michael W. Hinson, Co-Founder & Sr. VP of Corp. Devel. (Age 51)
  • Mr. Ryan Dalton, Exec. VP & CFO (Age 40)
  • Mr. Colin W. Roberts, Exec. VP, Gen. Counsel & Sec. (Age 41)

Who are Parsley Energy's major shareholders?

Parsley Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.36%), Denali Advisors LLC (0.07%), Spirit of America Management Corp NY (0.04%), DNB Asset Management AS (0.01%) and Cerebellum GP LLC (0.01%). 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 Spirit of America Management Corp NY. 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 acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Denali Advisors LLC, Cerebellum GP LLC and DNB Asset Management AS. 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 $18.70.

How big of a company is Parsley Energy?

Parsley Energy has a market capitalization of $5.93 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?

The official website for Parsley Energy is http://www.parsleyenergy.com.

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)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  664 (Vote Outperform)
Underperform Votes:  342 (Vote Underperform)
Total Votes:  1,006
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.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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