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Parsley Energy Inc

PE.N

Latest Trade

17.14USD

Change

-0.10(-0.58%)

Volume

1,533,642

Today's Range

17.00

 - 

17.52

52 Week Range

13.72

 - 

22.10

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

Pricing

Previous Close
17.24
Open
17.27
Volume
1,533,642
3M AVG Volume
136.59
Today's High
17.52
Today's Low
17.00
52 Week High
22.10
52 Week Low
13.72
Shares Out (MIL)
316.66
Market Cap (MIL)
5,427.57
Forward P/E
14.16
Dividend (Yield %)
0.70

Next Event

Q4 2019 Parsley Energy Inc Earnings Release

Latest Developments

More

Jagged Peak Energy Q3 Posts Adj Earnings Per Share Of $0.10

Parsley Energy Posts Q3 EPS Of $0.43

Parsley Energy Announces Acquisition Of Jagged Peak Energy

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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

+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

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

2016

0.5K

2017

1.0K

2018

1.8K

2019(E)

2.0K
EPS (USD)

2016

0.090

2017

0.690

2018

1.410

2019(E)

1.210
Price To Earnings (TTM)
18.09
Price To Sales (TTM)
2.87
Price To Book (MRQ)
0.94
Price To Cash Flow (TTM)
5.14
Total Debt To Equity (MRQ)
37.97
LT Debt To Equity (MRQ)
37.93
Return on Investment (TTM)
3.82
Return on Equity (TTM)
3.24

Latest News

Latest News

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:

BRIEF-Parsley Energy announces pricing of upsized $700 mln private offering of notes

* Parsley energy, llc announces pricing of upsized $700 million private offering of senior unsecured notes due 2027

BRIEF-Parsley Energy announces $600 mln private offering of senior unsecured notes due 2027

* Parsley Energy, LLC announces $600 million private offering of senior unsecured notes due 2027

BRIEF-Parsley Energy expects 3Q17 net production of 70-71 MBoe per day

* Parsley Energy provides operational update; schedules third quarter 2017 earnings conference call for November 8

BRIEF-Third Point ups share stake in Facebook, dissolves in Snap Inc

* Third Point Llc dissolves share stake in Snap Inc - SEC Filing

BRIEF-Parsley Energy appoints Karen Hughes to its board

* Parsley Energy appoints Karen Hughes to its board of directors Source text for Eikon: Further company coverage:

BRIEF-Parsley Energy Q2 adjusted earnings per share $0.05

* Parsley Energy announces second quarter 2017 financial and operating results; raises production guidance and announces successful delineation results

BRIEF-Parsley Energy reports Q1 adjusted earnings $0.15/shr

* Parsley Energy announces first quarter 2017 financial and operating results; raises production guidance and lowers unit cost estimates

BRIEF-Parsley Energy files for stock shelf - SEC filing

* Says 39.8 million shares of co's class a common stock may be offered and sold, that may be issued to certain members of Parsley Energy Source text for Eikon: Further company coverage:

BRIEF-Parsley Energy increases credit facility to $1.4 billion

* Parsley energy- amended revolving credit agreement, thereby increasing borrowing base by 60% to $1.4 billion, with co-elected commitment amount of $1.0 billion Source text for Eikon: Further company coverage:

BRIEF-Parsley Energy expect annual production growth of 62- 78pct in 2017

* Parsley Energy-expect robust annual production growth of 62- 78pct in 2017, with steady growth during 1h17, "steepening" growth through end of year Source text:(http://bit.ly/2mIrmPw) Further company coverage:

BRIEF-Parsley Energy reports Q4 adjusted earnings per share $0.06

* Qtrly net production averaged 45.1 mboe/d, up 5% versus 3q16

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

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