Parsley Energy, Inc. (PE)
|Net Income (ttm)||-3.74B|
|Trading Day||Jan 12, 2021|
|Day's Range||16.62 - 17.31|
|52-Week Range||4.07 - 17.59|
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.
This past year has been a brutal one for oil stocks.
Parsley Energy (PE) will permanently furlough 234 employees as it plans to shut down all its offices in Austin.
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.
Parsley Energy Announces January 12, 2021 Special Meeting to Approve Merger with Pioneer Natural Resources
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 ...
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...
PARSELY ENERGY INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Parsley Energy, Inc. - PE
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 ...
Of Parsley Energy's (PE) total Q3 capital budget at $85 million, 98.8% is allotted to drilling and completion activities.
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Parsley Energy, Inc. - PE
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...
Parsley Energy, Inc. (PE) CEO Matthew Gallagher on Q3 2020 Results - Earnings Call Transcript
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?
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...
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.
The third deal in less than a month could fuel even more consolidation.
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...
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...
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...
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.
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...
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...
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.
(PE): Johnson Fistel Investigates Proposed Sale of Parsley Energy; Are Shareholders Getting a Fair Deal?
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" ...
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...
Shareholder Alert: Ademi LLP Investigates whether Parsley Energy, Inc. has obtained a Fair Price in its transaction with Pioneer Natural Resources Company
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...
Parsley Energy Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Parsley Energy, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – PE
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....
Pioneer Natural Resources Co said on Tuesday it would buy smaller rival Parsley Energy Inc for $7.6 billion, including debt.
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.
DALLAS & AUSTIN, Texas--(BUSINESS WIRE)--Pioneer Natural Resources Announces Agreement to Acquire Parsley Energy
Pioneer Natural Resources is reportedly in talks for a deal to buy Parsley Energy.
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...
A slow burn merger mania is sweeping the mid cap upstream space.
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...
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.
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.
Parsley Energy (PE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
It seems that crude's worst losses are in the rear-view mirror with signs of gradual rebalancing.
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.
Upstream, midstream, or downstream, even top oil stocks saw double-digit losses.
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.
The urge to merge could grow stronger.
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...
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.
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...
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.
While oil prices have come a long way from the depths of coronavirus-induced mayhem, lingering signs of weakness are still evident.
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 ...
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...
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...
The demand recovery seems to have stalled out.
Parsley Energy (PE) expects to extract 110,000 barrels of oil per day in the fourth quarter of 2020.
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...]
Oil & Gas E&P
|IPO Date |
May 23, 2014
|Stock Exchange |
|Ticker Symbol |
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%.