NYSE:PEParsley Energy Stock Price, Forecast & News

Parsley Energy's stock was trading at $6.79 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PE stock has increased by 53.8% and is now trading at $10.44. View which stocks have been most impacted by Coronavirus.

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.

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 will be holding an earnings conference call on Wednesday, August 5th 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) issued its quarterly earnings data on Monday, May, 4th. The oil and natural gas company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.24 by $0.05. The oil and natural gas company had revenue of $564.80 million for the quarter, compared to analysts' expectations of $597.35 million. Parsley Energy had a negative net margin of 151.11% and a positive return on equity of 5.98%. The firm's revenue for the quarter was up 32.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.22 EPS. View Parsley Energy's earnings history.

Parsley Energy declared a quarterly dividend on Monday, May 4th. Investors 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 dividend yield of 1.92%. The ex-dividend date is Monday, June 8th. View Parsley Energy's dividend history.

23 brokerages have issued 12-month target prices for Parsley Energy's stock. Their forecasts range from $9.00 to $29.00. On average, they anticipate Parsley Energy's share price to reach $16.91 in the next twelve months. This suggests a possible upside of 62.0% from the stock's current price. View analysts' price targets for Parsley Energy.

News stories about PE stock have trended very negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Parsley Energy earned a coverage optimism score of -3.8 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, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. 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), TORAY INDUSTRIE/ADR (TRYIY), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Cenovus Energy (CVE), Sasol (SSL), Apache (APA), Marathon Oil (MRO) and Noble Energy (NBL). 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 a variety of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.31%), Envestnet Asset Management Inc. (0.08%), Gradient Investments LLC (0.04%), Richard P Slaughter Associates Inc (0.02%), Moody National Bank Trust Division (0.02%) and Mount Yale Investment Advisors LLC (0.00%). 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 Moody National Bank Trust Division, and Richard P Slaughter Associates Inc. View insider buying and selling activity for Parsley Energy.

PE stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Envestnet Asset Management Inc., Gradient Investments LLC, and Mount Yale Investment Advisors LLC. 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 $10.44.

Parsley Energy has a market capitalization of $4.31 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]