PE - Parsley Energy, Inc.

Parsley Energy, Inc.

303 Colorado Street
Suite 3000
Austin, TX 78701
United States
737-704-2300
http://www.parsleyenergy.com

Sector: Energy
Industry: Oil & Gas E&P
Full Time Employees: 527

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Bryan Sheffield	Founder & Exec. Chairman	N/A	N/A	1978
Mr. Matthew Gallagher	Pres, CEO & Director	N/A	N/A	1982
Mr. Michael W. Hinson	Co-Founder & Sr. VP of Corp. Devel.	N/A	N/A	1968
Mr. Ryan Dalton	Exec. VP & CFO	N/A	N/A	1979
Mr. Colin W. Roberts	Exec. VP, Gen. Counsel & Sec.	N/A	N/A	1978

Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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, 2018, its acreage position consisted of 198,946 net acres, including 154,107 net acres in the Midland Basin and 44,839 net acres in the Delaware Basin; and operated 425.3 net acres of the horizontal wells and 735.7 net acres of the vertical wells, as well an estimated proved oil, natural gas, and natural gas liquid reserves of 521.7 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.

Corporate Governance

Parsley Energy, Inc.’s ISS Governance QualityScore as of April 1, 2019 is 4. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 4; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.