Parsley Energy (PE) Stock Price, News & Analysis

Company Overview

Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, exploration, production, and sale of crude oil and natural gas properties in the Permian Basin in west Texas and Southeastern New Mexico. As of December 31, 2019, its acreage position consisted of 191,179 net acres, including 149,615 net acres in the Midland Basin and 41,564 net acres in the Delaware Basin; and operated 558.9 net acres of the horizontal wells and 723.1 net acres of the vertical wells, as well an estimated proved oil, natural gas, and natural gas liquid reserves of 592.3 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $16.62 to $17.31
• 50-Day Range: $13.73 to $16.93
• 52-Week Range: $3.92 to $18.29
• Volume: 35.69 million shs
• Average Volume: 12.27 million shs
• Market Capitalization: $6.99 billion
• P/E Ratio: N/A
• Dividend Yield: 1.18%
• Price Target: N/A
• Consensus Rating: N/A

PE Stock Analysis - Frequently Asked Questions

How were Parsley Energy's earnings last quarter?

Parsley Energy, Inc. (NYSE:PE) released its quarterly earnings results on Wednesday, October, 28th. The oil and natural gas company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.06. The oil and natural gas company earned $447.39 million during the quarter, compared to the consensus estimate 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%.

What other stocks do shareholders of Parsley Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Parsley Energy investors own include Micron Technology (MU), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Tesla (TSLA) and Boeing (BA).

Company Calendar

• Last Earnings: 10/28/2020
• Today: 1/22/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude Petroleum & Natural Gas
• Sub-Industry: N/A
• Current Symbol: NYSE:PE
• CUSIP: N/A
• CIK: 1594466
• Web: www.parsleyenergy.com
• Phone: 737-704-2300
• Fax: N/A
• Employees: 496
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.12
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 25.27
• P/E Growth: 0.45
• Net Income: $175.21 million
• Net Margins: -200.23%
• Pretax Margin: N/A
• Return on Equity: 5.13%
• Return on Assets: 3.06%

Debt

• Debt-to-Equity Ratio: 0.76
• Current Ratio: 0.54
• Quick Ratio: 0.54

Sales & Book Value

• Annual Sales: $1.96 billion
• Price / Sales: 3.57
• Cash Flow: $5.88 per share
• Price / Cash Flow: 2.88
• Book Value: $20.60 per share
• Price / Book: 0.82

Miscellaneous

• Outstanding Shares: 412,865,000
• Free Float: N/A
• Market Cap: $6.99 billion
• Optionable: Optionable
• Beta: 2.24