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DOW   31,176.01
QQQ   326.36
S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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NYSE:PE

Parsley Energy Stock Forecast, Price & News

$16.93
0.00 (0.00 %)
(As of 01/20/2021 12:00 AM ET)
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Today's Range
$16.62
Now: $16.93
$17.31
50-Day Range
$13.14
MA: $14.95
$16.93
52-Week Range
$3.92
Now: $16.93
$18.29
Volume30.70 million shs
Average Volume12.27 million shs
Market Capitalization$6.99 billion
P/E RatioN/A
Dividend Yield1.18%
Beta2.24
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, 2019, its acreage position consisted of 191,179 net acres, including 149,615 net acres in the Midland Basin and 41,564 net acres in the Delaware Basin; and operated 558.9 net acres of the horizontal wells and 723.1 net acres of the vertical wells, as well an estimated proved oil, natural gas, and natural gas liquid reserves of 592.3 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.
Parsley Energy logo

MarketRank

Overall MarketRank

2.34 out of 5 stars

Oils/Energy Sector

9th out of 669 stocks

Crude Petroleum & Natural Gas Industry

5th out of 247 stocks

Analyst Opinion: 1.4Community Rank: 3.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
CUSIPN/A
Phone737-704-2300
Employees496

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.96 billion
Cash Flow$5.88 per share
Book Value$20.60 per share

Profitability

Net Income$175.21 million
Net Margins-200.23%

Miscellaneous

Market Cap$6.99 billion
Next Earnings Date2/17/2021 (Estimated)
OptionableOptionable
$16.93
0.00 (0.00 %)
(As of 01/20/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Parsley Energy (NYSE:PE) Frequently Asked Questions

How has Parsley Energy's stock price been impacted by Coronavirus (COVID-19)?

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 149.3% and is now trading at $16.93.
View which stocks have been most impacted by COVID-19
.

Is Parsley Energy a buy right now?

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Parsley Energy in the last year. There are currently 6 hold ratings, 18 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Parsley Energy stock.
View analyst ratings for Parsley Energy
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Parsley Energy?

Wall Street analysts have given Parsley Energy a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Parsley Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as Parsley Energy's CEO?

6,978 employees have rated Parsley Energy CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Parsley Energy's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Parsley Energy's next earnings date?

Parsley Energy is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Parsley Energy
.

How were Parsley Energy's earnings last quarter?

Parsley Energy, Inc. (NYSE:PE) released its earnings results on Wednesday, October, 28th. The oil and natural gas company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.06. The oil and natural gas company earned $447.39 million during the quarter, compared to analysts' expectations of $440.61 million. Parsley Energy had a positive return on equity of 5.13% and a negative net margin of 200.23%.
View Parsley Energy's earnings history
.

How often does Parsley Energy pay dividends? What is the dividend yield for Parsley Energy?

Parsley Energy declared a quarterly dividend on Wednesday, October 28th. Stockholders of record on Tuesday, December 8th will be paid a dividend of $0.05 per share on Friday, December 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Monday, December 7th.
View Parsley Energy's dividend history
.

Is Parsley Energy a good dividend stock?

Parsley Energy pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.18%. The dividend payout ratio of Parsley Energy is 17.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Parsley Energy will have a dividend payout ratio of 20.83% next year. This indicates that Parsley Energy will be able to sustain or increase its dividend.
View Parsley Energy's dividend history.

What price target have analysts set for PE?

25 equities research analysts have issued 1-year target prices for Parsley Energy's shares. Their forecasts range from $9.00 to $22.00. On average, they anticipate Parsley Energy's stock price to reach $14.63 in the next year. This suggests that the stock has a possible downside of 13.6%.
View analysts' price targets for Parsley Energy
or view Wall Street analyst' top-rated stocks.

Who are some of Parsley Energy's key 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), Johnson & Johnson (JNJ), The Boeing (BA), Intel (INTC), NVIDIA (NVDA), Advanced Micro Devices (AMD), Devon Energy (DVN), Alibaba Group (BABA), Diamondback Energy (FANG) and Cisco Systems (CSCO).

Who are Parsley Energy's key executives?

Parsley Energy's management team includes the following people:
  • Mr. Matthew Gallagher, Pres, CEO & Director (Age 39, Pay $1.94M)
  • Mr. Michael W. Hinson, Co-Founder & Sr. VP of Corp. Affairs (Age 53, Pay $677.37k)
  • Mr. Ryan Dalton, Exec. VP & CFO (Age 42, Pay $1.06M)
  • Mr. David Dell'Osso, Exec. VP & COO (Age 43, Pay $1.09M)
  • Mr. Colin W. Roberts, Exec. VP, Gen. Counsel & Sec. (Age 43, Pay $925.64k)
  • Mr. Bryan Sheffield, Founder & Exec. Chairman (Age 43)
  • Mr. Paul Treadwell, Co-Founder & Sr. VP of Production Operations (Age 54)
  • Ms. Cecilia Camarillo, Sr. VP of Accounting
  • Mr. Kyle Rhodes, VP of Investor Relations
  • Katharine McAden, Corp. Communications Mang.

What is Parsley Energy's stock symbol?

Parsley Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "PE."

Who are Parsley Energy's major shareholders?

Parsley Energy's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (0.28%), Wedge Capital Management L L P NC (0.16%), Viking Fund Management LLC (0.11%), Gradient Investments LLC (0.10%), Richard P Slaughter Associates Inc (0.02%) and Sippican Capital Advisors (0.02%). Company insiders that own Parsley Energy stock include A R Alameddine, Bryan Sheffield, Colin Roberts, Jerry Windlinger, Mike Hinson and Ron Brokmeyer.
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 Wedge Capital Management L L P NC, Viking Fund Management LLC, Tributary Capital Management LLC, and Gradient Investments LLC. 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
or view top insider-selling stocks.

Which major investors are buying Parsley Energy stock?

PE stock was purchased by a variety of institutional investors in the last quarter, including Parkside Investments LLC, Richard P Slaughter Associates Inc, State of Alaska Department of Revenue, Sippican Capital Advisors, OLD National Bancorp IN, Park Avenue Securities LLC, Fulton Bank N.A., and Raymond James Trust N.A.. Company insiders that have bought Parsley Energy stock in the last two years include A R Alameddine, Jerry Windlinger, and Ron Brokmeyer.
View insider buying and selling activity for Parsley Energy
or or view top insider-buying stocks.

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 WeBull, 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 $16.93.

How big of a company is Parsley Energy?

Parsley Energy has a market capitalization of $6.99 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 496 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 1/22/2021 by MarketBeat.com Staff

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