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Parsley Energy Inc

PE.N

Latest Trade

10.10USD

Change

-0.21(-2.04%)

Volume

1,608,274

Today's Range

10.09

 - 

10.41

52 Week Range

3.92

 - 

20.12

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
10.31
Open
10.41
Volume
1,608,274
3M AVG Volume
161.01
Today's High
10.41
Today's Low
10.09
52 Week High
20.12
52 Week Low
3.92
Shares Out (MIL)
412.79
Market Cap (MIL)
4,255.84
Forward P/E
15.69
Dividend (Yield %)
1.94

Next Event

Q3 2020 Parsley Energy Inc Earnings Release

Latest Developments

More

Parsley Energy Posts Quarterly Loss Per Share Of $9.20

Parsley Energy Announces Extension Of Maturity Date For Revolving Credit Facility

Parsley Energy Provides Supplementary Update On 2020 Development Plans

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About Parsley Energy Inc

Parsley Energy, Inc. is a holding company. The Company is an independent oil and natural gas company. The Company focuses on the acquisition, development and exploitation of unconventional oil and natural gas reserves in the Permian Basin. The Permian Basin is located in West Texas and Southeastern New Mexico and includes three primary sub-areas: the Midland Basin, the Central Basin Platform and the Delaware Basin. The Company's properties are primarily located in the Midland and Delaware Basins, where it focuses on horizontal development drilling and target various stacked pay intervals in the Spraberry, Wolfcamp, Upper Pennsylvanian (Cline) and Atoka shales. As of December 31, 2016, it had an average working interest of 87% in 166 gross (146.7 net) horizontal wells, of which 151 gross (132.4 net) are in the Midland Basin. As of December 31, 2016, the Company operated seven horizontal rigs and three vertical drilling rigs.

Industry

Oil & Gas - Integrated

Contact Info

303 Colorado St Ste 3000

AUSTIN, TX

78701-4654

United States

+1.432.8182100

http://www.parsleyenergy.com

Executive Leadership

Bryan Sheffield

Executive Chairman of the Board

Matthew Gallagher

President, Chief Executive Officer and Director

Ryan Dalton

Chief Financial Officer, Executive Vice President

David A. Dell'Osso

Chief Operating Officer, Executive Vice President

Colin Roberts

Executive Vice President, General Counsel

Key Stats

1.75 mean rating - 32 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

1.0K

2018

1.8K

2019

2.0K

2020(E)

1.7K
EPS (USD)

2017

0.690

2018

1.410

2019

1.120

2020(E)

0.660
Price To Earnings (TTM)
--
Price To Sales (TTM)
2.34
Price To Book (MRQ)
1.12
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
82.26
LT Debt To Equity (MRQ)
82.26
Return on Investment (TTM)
-52.49
Return on Equity (TTM)
-45.21

Latest News

Latest News

Shale producer Parsley Energy sets higher 2020 cash flow target

Shale producer Parsley Energy raised its cash flow target and reinstated its 2020 production guidance on Tuesday, saying it expects to pump about 110,000 barrels of oil per day in the fourth quarter, according to a company presentation.

U.S. shale producers' Pioneer Natural, Parsley prepare job cuts

Two U.S. shale oil producers, Pioneer Natural Resources Co and Parsley Energy Inc, are planning to trim staff in coming days, people familiar with the matter said on Monday, after each posted large second-quarter losses.

Marathon Oil posts smaller-than-feared loss on cost cuts

Marathon Oil Corp posted a smaller-than-expected loss on Wednesday as it reined in costs to cushion the impact from the COVID-19 pandemic that has crushed crude prices and sapped demand for fuel.

Shale producers Diamondback, Parsley to cut May oil output

Diamondback Energy Inc <FANG.O> and Parsley Energy <PE.N> topped Wall Street profit estimates on Monday and said they plan to cut expected May oil output as the shale producers battle an unprecedented slump in oil prices and a global supply glut.

Two Texas shale producers ask state to curtail oil output

Texas shale producers Pioneer Natural Resources and Parsley Energy on Monday formally asked Texas regulators to curtail oil production for the first time in nearly 50 years.

Shale producers Diamondback, Parsley to cut drilling as oil prices tumble

U.S. shale producers Diamondback Energy Inc and Parsley Energy Inc said they would scale back drilling as crude prices extended their free fall, marking on Monday their biggest daily plunge since the 1991 Gulf War.

CORRECTED-Parsley Energy cuts drilling activity as crude prices collapse

U.S. oil and gas producer Parsley Energy Inc said it plans to drop to 12 rigs and reduced its drilling activity pace for this year following the collapse in crude prices on Monday.

Parsley Energy CEO calls out industry for shale gas flaring

The chief executive of shale producer Parsley Energy <PE.N> on Wednesday became the latest executive to call out the industry on its high rate of natural gas flaring in the top U.S. oil field.

Parsley Energy CEO calls out industry for shale gas flaring

The chief executive of shale producer Parsley Energy on Wednesday became the latest executive to call out the industry on its high rate of natural gas flaring in the top U.S. oil field.

Kirkland and V&E advise $1.62 bln Jagged Peak Energy sale to Parsley

Lawyers from Kirkland & Ellis and Vinson & Elkins counseled energy companies Parsley Energy, Inc and Jagged Peak Energy Inc in a Monday-announced all-stock deal valued at $1.62 billion that adds acreage for buyer Parsley in an oil-rich part of the top U.S. shale basin.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

BRIEF-Parsley Energy Units Enter Into Sixth Amendment To Credit Agreement

* PARSLEY ENERGY SAYS ON APRIL 30, CO, UNITS ENTERED INTO SIXTH AMENDMENT TO CREDIT AGREEMENT DATED AS OF OCT 28, 2016 - SEC FILING

BRIEF-Parsley Energy Q1 Earnings Per Share $0.32

* PARSLEY ENERGY ANNOUNCES FIRST QUARTER 2018 FINANCIAL AND OPERATING RESULTS

Parsley Energy will not add rigs if oil prices rise further: CEO

(In this March 27 story corrects planned number of frack crews in second paragraph)

BRIEF-Parsley Energy Qtrly Earnings Per Share $0.20

* PARSLEY ENERGY ANNOUNCES FOURTH QUARTER 2017 FINANCIAL AND OPERATING RESULTS; ANNOUNCES OFFICER PROMOTIONS

BRIEF-Parsley Energy Provides Operational Update

* PARSLEY ENERGY PROVIDES OPERATIONAL UPDATE; HIGHLIGHTS SUCCESSFUL WOLFCAMP C RESULTS

BRIEF-Parsley Energy Says ‍Bryan Sheffield Will Be Succeeded As CEO By Matt Gallagher​

* PARSLEY ENERGY INC - BRYAN SHEFFIELD WILL BE SUCCEEDED AS CEO BY MATT GALLAGHER

BRIEF-Parsley Energy posts Q3 adjusted EPS of $0.12

* Parsley energy announces third quarter 2017 financial and operating results; provides preliminary 2018 outlook

BRIEF-Viking Global Investors LP reports 7.2 pct passive stake in Parsley Energy

* Viking Global Investors LP reports 7.2 percent passive stake in Parsley Energy, Inc as of October 16, 2017 - SEC filing Source text: (http://bit.ly/2gLZLes) Further company coverage:

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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