Parsley Energy Stock Forecast, Price & News

Parsley Energy (NYSE:PE) Frequently Asked Questions

Is Parsley Energy a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Parsley Energy in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Parsley Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PE, but not buy additional shares or sell existing shares.
View analyst ratings for Parsley Energy or view top-rated stocks.

What stocks does MarketBeat like better than Parsley Energy?

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

How were Parsley Energy's earnings last quarter?

Parsley Energy, Inc. (NYSE:PE) announced its quarterly earnings data on Wednesday, October, 28th. The oil and natural gas company reported $0.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.16 by $0.06. The oil and natural gas company had revenue of $447.39 million for the quarter, compared to analyst estimates of $440.61 million. Parsley Energy had a positive trailing twelve-month 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 announced a quarterly dividend on Wednesday, October 28th. Shareholders 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 annualized dividend and a dividend yield of 1.18%. The ex-dividend date 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?

7 brokerages have issued twelve-month target prices for Parsley Energy's shares. Their forecasts range from $11.00 to $17.00. On average, they anticipate Parsley Energy's share price to reach $14.20 in the next twelve months. This suggests that the stock has a possible downside of 16.1%.
View analysts' price targets for Parsley Energy or view top-rated stocks among Wall Street analysts.

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.

Who are some of Parsley Energy's key competitors?

Some companies that are related to Parsley Energy include Devon Energy (DVN), RWE Aktiengesellschaft (RWEOY), Cenovus Energy (CVE), Continental Resources (CLR), Diamondback Energy (FANG), Woodside Petroleum (WOPEY), Gulfport Energy (GPORQ), Sasol (SSL), Marathon Oil (MRO), Toray Industries (TRYIY), Cimarex Energy (XEC), Galp Energia, SGPS (GLPEY), Cabot Oil & Gas (COG), APA (APA) and Ovintiv (OVV).
View all of PE's 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).

What is Parsley Energy's stock symbol?

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

What is Parsley Energy's stock price today?

One share of PE stock can currently be purchased for approximately $16.93.

How much money does Parsley Energy make?

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.

How many employees does Parsley Energy have?

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.

Where are Parsley Energy's headquarters?

Parsley Energy is headquartered at 303 COLORADO STREET SUITE 3000, AUSTIN TX, 78701.

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].