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. As of January 12, 2021, Parsley Energy, Inc. operates as subsidiary of Pioneer Natural Resources Company.
Research context
Parsley Energy, Inc appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- EUR
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Parsley Energy, Inc is currently in a long term uptrend where the price is trading 51.4% above its 200 day moving average.
From a valuation standpoint, the stock is 96.1% cheaper than other stocks from the Energy sector with a price to sales ratio of 3.3.
Parsley Energy, Inc's total revenue sank by 12.3% to $447M since the same quarter in the previous year.
Its net income has dropped by 81.1% to $23M since the same quarter in the previous year.
Finally, its free cash flow grew by 636.2% to $150M since the same quarter in the previous year.
Based on the above factors, Parsley Energy, Inc gets an overall score of 3/5.