Parsley Energy Stock Forecast, Price & 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 (WHO). Since then, PE shares have increased by 110.2% and is now trading at $14.27.
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25 Wall Street 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, resulting in a consensus recommendation of "Buy."
View analyst ratings for Parsley Energy or view MarketBeat's top 5 stock picks.

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

Parsley Energy, Inc. (NYSE:PE) released its quarterly earnings data on Wednesday, October, 28th. The oil and natural gas company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.06. Parsley Energy had a negative net margin of 200.23% and a positive return on equity of 5.13%.
View Parsley Energy's earnings history.

Parsley Energy declared a quarterly dividend on Wednesday, October 28th. Investors 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 yield of 1.40%. The ex-dividend date of this dividend is Monday, December 7th.
View Parsley Energy's dividend history.

25 brokers have issued twelve-month target prices for Parsley Energy's stock. Their forecasts range from $9.00 to $22.00. On average, they expect Parsley Energy's stock price to reach $14.46 in the next twelve months. This suggests a possible upside of 1.3% from the stock's current price.
View analysts' price targets for Parsley Energy.

Some companies that are related to Parsley Energy include Encana (ECA), Pioneer Natural Resources (PXD), Occidental Petroleum (OXY), Woodside Petroleum (WOPEY), Concho Resources (CXO), Denbury (DEN), Oasis Petroleum (OAS), Oasis Petroleum (OAS), Toray Industries (TRYIY), Galp Energia, SGPS (GLPEY), Diamondback Energy (FANG), Cenovus Energy (CVE), Continental Resources (CLR), Cabot Oil & Gas (COG) and Devon Energy (DVN).
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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).

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

Parsley Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Boston Partners (6.09%), BlackRock Inc. (3.11%), Nuveen Asset Management LLC (2.91%), State Street Corp (2.56%), Victory Capital Management Inc. (2.37%) and JPMorgan Chase & Co. (1.54%). 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.

PE stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Morgan Stanley, Massachusetts Financial Services Co. MA, BlackRock Inc., Arrowstreet Capital Limited Partnership, SIR Capital Management L.P., Cooperman Leon G, and William Blair Investment Management 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.

PE stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Rothschild & Co. Asset Management US Inc., JPMorgan Chase & Co., Vaughan Nelson Investment Management L.P., Nuveen Asset Management LLC, Deep Basin Capital LP, Westwood Holdings Group Inc., and Sei Investments Co.. 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.

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 $14.27.

Parsley Energy has a market capitalization of $5.89 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.

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]