NYSE:PE - Parsley Energy Stock Price, Forecast & 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 stock has decreased by 23.0% and is now trading at $5.23. View which stocks have been mosted impacted by Coronavirus.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parsley Energy in the last year. There are currently 6 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, May 6th 2020. View our earnings forecast for Parsley Energy.

Parsley Energy Inc (NYSE:PE) released its quarterly earnings data on Wednesday, February, 19th. The oil and natural gas company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.31 by $0.03. The oil and natural gas company earned $522.45 million during the quarter, compared to analyst estimates of $514.82 million. Parsley Energy had a return on equity of 4.87% and a net margin of 8.94%. The firm's quarterly revenue was up 14.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.30 EPS. View Parsley Energy's earnings history.

Parsley Energy announced a quarterly dividend on Thursday, January 23rd. Investors of record on Tuesday, March 10th will be given a dividend of $0.05 per share on Friday, March 20th. This represents a $0.20 annualized dividend and a dividend yield of 3.82%. The ex-dividend date is Monday, March 9th. This is an increase from Parsley Energy's previous quarterly dividend of $0.03. View Parsley Energy's dividend history.

26 Wall Street analysts have issued 1-year target prices for Parsley Energy's shares. Their forecasts range from $10.00 to $29.00. On average, they anticipate Parsley Energy's share price to reach $18.49 in the next twelve months. This suggests a possible upside of 253.5% from the stock's current price. View analysts' price targets for Parsley Energy.

News coverage about PE stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Parsley Energy earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media 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 aboutParsley Energy.

Some companies that are related to Parsley Energy include Concho Resources (CXO), TORAY INDUSTRIE/ADR (TRYIY), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Encana (ECA), Continental Resources (CLR), Marathon Oil (MRO), Noble Energy (NBL), Devon Energy (DVN), Cenovus Energy (CVE), Apache (APA), EQT (EQT), Cimarex Energy (XEC), WPX Energy (WPX) and Sasol (SSL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Parsley Energy investors own include Pioneer Natural Resources (PXD), Micron Technology (MU), Broadcom (AVGO), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Alibaba Group (BABA), NVIDIA (NVDA), Diamondback Energy (FANG), Intel (INTC) and Roku (ROKU).

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 Nuveen Asset Management LLC (4.71%), Victory Capital Management Inc. (2.84%), Victory Capital Management Inc. (2.82%), Capital World Investors (2.58%), FMR LLC (2.35%) and State Street Corp (2.23%). 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 Barrow Hanley Mewhinney & Strauss LLC, Boston Partners, SG Americas Securities LLC, FMR LLC, State Street Corp, CIBC Private Wealth Group LLC, Alliancebernstein L.P., and US Bancorp DE. 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 acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Point72 Asset Management L.P., Vaughan Nelson Investment Management L.P., Janus Henderson Group PLC, Norges Bank, Alyeska Investment Group L.P., Goldman Sachs Group Inc., and Copeland Capital Management 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 $5.23.

Parsley Energy has a market capitalization of $2.16 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. View additional information about Parsley Energy.

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

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]