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Parsley Energy, Inc. (PE)

Jan 12, 2021 - PE was delisted after being acquired by PXD
Stock Price: $16.93 USD 0.00 (0.00%)
Updated Jan 12, 2021 4:00 PM EST
Market Cap 6.99B
Revenue (ttm) 1.75B
Net Income (ttm) -3.74B
Shares Out 377.45M
EPS (ttm) -10.68
PE Ratio n/a
Forward PE 15.50
Dividend $0.20
Dividend Yield 1.18%
Trading Day Jan 12, 2021
Last Price $16.93
Previous Close $16.93
Change ($) 0.00
Change (%) 0.00%
Day's Open -
Day's Range 16.62 - 17.31
Day's Volume 0
52-Week Range 4.07 - 17.59

News

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Zacks Investment Research - 1 month ago

Big energy companies, such as Chevron (CVX), Pioneer Natural (PXD), ConocoPhillips (COP), Cenovus Energy (CVE) and Devon Energy (DVN) recently acquired smaller firms with attractive asset bases.

Other stocks mentioned: COP, CVE, CVX, CXO, DVN, PXD, WPX
The Motley Fool - 2 months ago

This past year has been a brutal one for oil stocks.

Other stocks mentioned: COP, CVX, CXO, PXD, XOM
Zacks Investment Research - 2 months ago

Parsley Energy (PE) will permanently furlough 234 employees as it plans to shut down all its offices in Austin.

Reuters - 2 months ago

Parsley Energy will lay off most of its Austin, Texas workforce as part of its sale to Pioneer Natural Resources, according to a notice to the Texas Workforce Commission posted on Friday.

Other stocks mentioned: PXD
PRNewsWire - 2 months ago

AUSTIN, Texas, Dec. 3, 2020 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced that the special meeting of stockholders of Parsley ...

Forbes - 3 months ago

The vaccine-related recovery rally appeared to stall today. After surging to intraday records earlier in the week, the Dow Jones and S&P 500 sharply declined today, while the Nasdaq mildly gai...

Other stocks mentioned: COTY, GT, KAR, SPR
Business Wire - 3 months ago

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Parsley ...

Other stocks mentioned: PXD
Zacks Investment Research - 3 months ago

Of Parsley Energy's (PE) total Q3 capital budget at $85 million, 98.8% is allotted to drilling and completion activities.

PRNewsWire - 3 months ago

NEW YORK, Oct. 30, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in Ne...

Seeking Alpha - 3 months ago

Parsley Energy, Inc. (PE) CEO Matthew Gallagher on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 3 months ago

Parsley Energy (PE) delivered earnings and revenue surprises of 37.50% and 1.54%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

PRNewsWire - 3 months ago

AUSTIN, Texas, Oct. 28, 2020 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced financial and operating results for the quarter end...

Zacks Investment Research - 4 months ago

Big energy companies, such as Chevron (CVX), Pioneer Natural (PXD), ConocoPhillips (COP) and Devon Energy (DVN) have all recently acquired smaller firms with attractive asset bases.

Other stocks mentioned: COP, CVX, CXO, DVN, OXY, PXD, WPX
The Motley Fool - 4 months ago

The third deal in less than a month could fuel even more consolidation.

Other stocks mentioned: PXD, COP, CXO
PRNewsWire - 4 months ago

NEW YORK, Oct. 21, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Parsley Energy, Inc. ("PE" or...

CNBC Television - 4 months ago

Parsley CEO on merging with Pioneer Natural Resources: ESG was instrumental in the deal

Parsley Energy CEO Matt Gallagher explains how reducing costs and curbing emissions played a key part in the oil producer's tie-up with Pioneer Natural Resources to be a leading producer in th...

Other stocks mentioned: PXD
PRNewsWire - 4 months ago

NEW YORK, Oct. 21, 2020 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Parsley Energy, Inc. (NYSE: PE) and its board of directors concerning the propos...

Other stocks mentioned: PXD
Zacks Investment Research - 4 months ago

Parsley Energy (PE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bloomberg Markets and Finance - 4 months ago

Pioneer CEO on Parsley Acquisition, Oil Prices

Oct.21 -- Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield discusses the company's agreement to buy Parsley Energy Inc. and says that his son, Parsley Chairman Bryan Sheff...

Other stocks mentioned: PXD
Bloomberg Markets and Finance - 4 months ago

Pioneer CEO Says Son Will Not Have Role at New Company

Oct.21 -- Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield says that his son, Parsley Energy Inc. Chairman Bryan Sheffield, will have "zero responsibility" at the new comp...

Other stocks mentioned: PXD
24/7 Wall Street - 4 months ago

Late Tuesday, Pioneer Natural Resources Co. (NYSE: PXD) announced that it had reached an agreement to acquire all the outstanding stock of Parsley Energy Inc.

Other stocks mentioned: PXD
PRNewsWire - 4 months ago

SAN DIEGO, Oct. 21, 2020 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Parsley Energy, Inc. ("Parsley Energy" ...

Benzinga - 4 months ago

Pioneer Natural Resources Company (NYSE: PXD) on Tuesday confirmed it has agreed to acquire market peer Parsley Energy Inc (NYSE: PE) in an all-stock transaction valued at $4.5 billion. Includ...

Other stocks mentioned: PXD
PRNewsWire - 4 months ago

MILWAUKEE, Oct. 20, 2020 /PRNewswire/ -- Ademi LLP is investigating Parsley Energy (NYSE: PE) for possible breaches of fiduciary duty and other violations of the law in its transaction with Pi...

Business Wire - 4 months ago

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Parsley Energy, Inc. (NYSE: PE) to Pioneer Natural Resources Company for 0....

Reuters - 4 months ago

Pioneer Natural Resources Co said on Tuesday it would buy smaller rival Parsley Energy Inc for $7.6 billion, including debt.

Other stocks mentioned: PXD
Reuters - 4 months ago

Consolidation in the U.S. shale industry is accelerating, ratcheting up pressure on oil and gas producers to gobble up smaller rivals, analysts and executives said.

Other stocks mentioned: PXD
Business Wire - 4 months ago

DALLAS & AUSTIN, Texas--(BUSINESS WIRE)--Pioneer Natural Resources Announces Agreement to Acquire Parsley Energy

Other stocks mentioned: PXD
The Motley Fool - 4 months ago

Pioneer Natural Resources is reportedly in talks for a deal to buy Parsley Energy.

Other stocks mentioned: PXD
Zacks Investment Research - 4 months ago

Pioneer Natural (PXD) to acquire Parsley Energy (PE) in the Permian Basin. They are likely to follow the footsteps of ConocoPhillips, Chevron & others that have carried out M&As in this crisis...

Other stocks mentioned: PXD
Seeking Alpha - 4 months ago

A slow burn merger mania is sweeping the mid cap upstream space.

Benzinga - 4 months ago

Pioneer Natural Resources Co (NYSE: PXD) is in talks with Parsley Energy Inc (NYSE: PE) for an acquisition deal, according to the Wall Street Journal. If the deal goes through, Pioneer could b...

Other stocks mentioned: PXD
Zacks Investment Research - 4 months ago

Third-quarter results of the energy stocks are likely to reflect the recovery in prices. This improving trend should aid operators like PE, MUSA, PTEN and SOI.

Other stocks mentioned: MUSA, PTEN, SOI
Forbes - 4 months ago

Investors have a very big week ahead, as more earnings will come in, as well as economic data. They're also bracing for COVID vaccine news.

Other stocks mentioned: CAKE, GT, SAIL, TWO
Zacks Investment Research - 4 months ago

Parsley Energy (PE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Zacks Investment Research - 4 months ago

It seems that crude's worst losses are in the rear-view mirror with signs of gradual rebalancing.

Other stocks mentioned: GPOR, LPI, MUR, PDCE
CNBC Television - 4 months ago

Cramer blesses Chevron, Parsley Energy for a trade

"As the price of crude works its way to $45, I am blessing you … buy Chevron or Parsley for a trade," the "Mad Money" host said.

Other stocks mentioned: CVX
The Motley Fool - 4 months ago

Upstream, midstream, or downstream, even top oil stocks saw double-digit losses.

Other stocks mentioned: KMI, PSX
Zacks Investment Research - 4 months ago

The agency also projects that U.S. crude output will fall by 800,000 barrels per day to 11.45 million barrels per day in 2020.

Other stocks mentioned: CRK, GPOR, PXD, RRC, SBOW
The Motley Fool - 4 months ago

The urge to merge could grow stronger.

Other stocks mentioned: CPE, CVX, CXO, DVN, FANG, NBL, PXD, WPX, XEC
Forbes - 4 months ago

After a horrible September, the market closed the last 3 trading days in the green, and started today flat. While the last few days were strong, indices are still on pace for its first down mo...

Other stocks mentioned: BBBY, GRUB, MRO, PINS
24/7 Wall Street - 4 months ago

A big part of the appeal to investors from the Monday announcement of the merger of Devon Energy and WPX energy is the anticipation of more such deals to follow.

Other stocks mentioned: APA, FANG, MRO, XEC
Forbes - 4 months ago

While tech and airline and cruise line stocks led the broader sell-off in September, today, those respective sectors led the rally. For investors looking to make sense of this wild market, the...

Other stocks mentioned: BBBY, GT, NBL, OVV
24/7 Wall Street - 5 months ago

While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Other stocks mentioned: MGY, NBL, VNOM, WPX
Zacks Investment Research - 5 months ago

While oil prices have come a long way from the depths of coronavirus-induced mayhem, lingering signs of weakness are still evident.

Other stocks mentioned: PBF, PSX, PXD, VLO
PRNewsWire - 5 months ago

AUSTIN, Texas, Sept. 24, 2020 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) plans to report third quarter 2020 financial results on Wednesday, October 28, 2020 after the close of trading on ...

Benzinga - 5 months ago

The economic downturn in 2020 has been particularly hard on oil and gas stocks. However, Bank of America analyst Asit Sen believes energy earnings have troughed for this cycle and are now on t...

Other stocks mentioned: BIP, CNQ, ENB, FANG, NFG, OVV, TRP, WPX
Forbes - 5 months ago

After markets recovered some of its losses yesterday from Monday’s sell-off, indices continued the rally and began the day firmly in the green before turning negative. For investors looking to...

Other stocks mentioned: BAND, LVGO, NOVA, PLUG
The Motley Fool - 5 months ago

The demand recovery seems to have stalled out.

Other stocks mentioned: PTEN
Zacks Investment Research - 5 months ago

Parsley Energy (PE) expects to extract 110,000 barrels of oil per day in the fourth quarter of 2020.

About PE

Parsley Energy, 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... [Read more...]

Industry
Oil & Gas E&P
IPO Date
May 23, 2014
CEO
Matthew Gallagher
Employees
496
Stock Exchange
NYSE
Ticker Symbol
PE
Full Company Profile

Financial Performance

In 2019, Parsley Energy's revenue was $1.96 billion, an increase of 7.25% compared to the previous year's $1.83 billion. Earnings were $175.21 million, a decrease of -52.53%.

Financial Statements