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

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

Parsley Energy announced a quarterly dividend on Tuesday, November 5th. Shareholders of record on Tuesday, December 10th will be given a dividend of $0.03 per share on Friday, December 20th. This represents a $0.12 annualized dividend and a yield of 0.67%. The ex-dividend date is Monday, December 9th. View Parsley Energy's Dividend History.

Parsley Energy Inc (NYSE:PE) issued its quarterly earnings data on Tuesday, November, 5th. The oil and natural gas company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.05. The oil and natural gas company earned $510.15 million during the quarter, compared to the consensus estimate of $503.05 million. Parsley Energy had a net margin of 14.03% and a return on equity of 4.96%. The company's quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 earnings per share. View Parsley Energy's Earnings History.

Parsley Energy is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Parsley Energy.

Parsley Energy will be holding an earnings conference call on Wednesday, February 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

23 equities research analysts have issued 12 month price targets for Parsley Energy's stock. Their forecasts range from $19.00 to $55.00. On average, they expect Parsley Energy's share price to reach $26.64 in the next twelve months. This suggests a possible upside of 48.9% from the stock's current price. View Analyst Price Targets for Parsley Energy.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parsley Energy in the last year. There are currently 2 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Parsley Energy.

Press coverage about PE stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Parsley Energy earned a news sentiment score of -2.5 on InfoTrie's scale. They also assigned media headlines about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Parsley Energy.

Parsley Energy saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 13,680,000 shares, an increase of 12.4% from the December 15th total of 12,170,000 shares. Based on an average trading volume of 6,640,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 5.1% of the shares of the stock are sold short. View Parsley Energy's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Parsley Energy investors own include Pioneer Natural Resources (PXD), Micron Technology (MU), Diamondback Energy (FANG), EOG Resources (EOG), Alibaba Group (BABA), Concho Resources (CXO), Devon Energy (DVN), Exxon Mobil (XOM), NVIDIA (NVDA) and Chesapeake Energy (CHK).

Parsley Energy's stock is owned by many different of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.31%), Peregrine Capital Management LLC (0.30%), Spirit of America Management Corp NY (0.04%), Bright Rock Capital Management LLC (0.04%), FNY Investment Advisers LLC (0.03%) and Gradient Investments LLC (0.02%). 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 Peregrine Capital Management LLC, Sciencast Management LP and 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.

PE stock was acquired by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, Wedge Capital Management L L P NC, Assenagon Asset Management S.A., Bright Rock Capital Management LLC, Gradient Investments LLC, First National Bank of Omaha, State of Alaska Department of Revenue and Cerebellum GP LLC. Company insiders that have bought Parsley Energy stock in the last two years include A R Alameddine, Bryan Sheffield, Hemang Desai, Jerry Windlinger and Ron Brokmeyer. View Insider Buying and Selling 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 $17.89.

Parsley Energy has a market capitalization of $5.67 billion and generates $1.83 billion in revenue each year. The oil and natural gas company earns $369.13 million in net income (profit) each year or $1.41 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]