|Bid||20.79 x 800|
|Ask||0.00 x 1800|
|Day's Range||20.71 - 21.57|
|52 Week Range||14.17 - 33.43|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||15.39|
|Earnings Date||May 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.50|
Helmerich & Payne's U.S. Land segment represents 90% of its total fleet and makes up more than 85% of the contract drilling service provider's revenues.
Chevron's, or Occidental's, potential takeover of Anadarko could spark a wave of mergers in the oil industry with major players in the Permian Basin being primary targets.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To keep it practical, we'll show how Parsley Energy, Inc.'s (NYSE:PE) P/E ratio could help you assess the value o...
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.
Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won't accept your savings unless you commit at least $5 million) by pinpointing […]
Key Events in the Energy Sector Last Week(Continued from Prior Part)Energy stocksIn the week ending on April 18, oilfield service stock McDermott International (MDR) rose the most among the stocks in the energy space. The stocks are included in the
Oil prices recorded the best quarterly gain in the first three-month period of 2019 since 2009 and the best first-quarter gain since 2002.
Oil major Chevron Corp's $33 billion deal on Friday to acquire Anadarko Petroleum Corp has some investors and industry executives asking whether it is time for other U.S. shale oil and gas producers to consider selling themselves. Anadarko has been one of the pioneers of the shale revolution, which turned the United States into the world's biggest oil producer, overtaking Russia and Saudi Arabia. The Houston-based company's willingness to ink a sale, rather than capitalize on oil prices rebounding, illustrates the significant challenges facing many U.S. shale producers.
Dean Foods Company (NYSE:DF), Pioneer Natural Resources Company (NYSE:PXD), Noble Energy, Inc. (NYSE:NBL), EOG Resources Inc (NYSE:EOG), and Parsley Energy Inc (NYSE:PE) are each in the spotlight for various reasons. Due to the developments that occurred, traders will also be watching each stock more closely in the future. In this article, let's find out why each stock has probably been […]
With an Anadarko deal apparently sewn up, the market is looking at Pioneer Natural Resources, Parsley Energy, and Concho Resources as the next logical takeover targets.
Chesapeake Energy shares slid 4% Friday, after Goldman Sachs downgraded the stock to sell and said it expects the company to have less favorable supply cost and corporate returns than rivals. Analysts led by Brian Singer said an analysis of U.S. supply cost/competitive positioning implications from 2018 reserve reports and its own projections for 2019 cash margins found that the median U.S. supply cost to achieve an 11% after-tax rate of return is $53 a barrel. That supports a $50 to $55 a barrel price range for West Texas Intermediate, the U.S. benchmark. Goldman's mid-cycle price is at the upper end of that range. Analysts are advising clients to buy low cost oil suppliers, Encana Corp. , Parsley Energy Inc. , Pioneer Natural Resources Co. , EOG Resources Inc. and Chevron Corp. , all of which are buy rated. (The note was published ahead of Chevron's acquisition earlier today of Anadarko Petroleum Corp.) Goldman is recommending selling stocks where their valuation post rally appears at odds with competitive positioning, downgrading Cheseapeake, California Resources Corp. and upgrading Murphy Oil Corp. to neutral. For Chesapeake, " we see less favorable supply cost and corporate returns and believe further leverage improvement is still warranted post-WRD (Wildhorse) acquisition," they wrote in a note. Chesapeake shares have gained 1.3% in the last 12 months, while the S&P 500 has gained 8.9%.
Parsley Energy (PE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The tally for oil drilling rigs rises in the seventh week after the count fell for six straight weeks to the lowest level since April 2018.
Energy's Latest: Last Week's Outperformers and Underperformers(Continued from Prior Part)Energy stocks In the week that ended on April 5, upstream stock Laredo Petroleum (LPI) fell the most among the stocks in the energy space, which are included
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Mid-caps stocks, like Parsley Energy, Inc. (NYSE:PE) with a market capitalization of US$5.7b, aren’t the focus of most invest...
AUSTIN, Texas , April 4, 2019 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) plans to report first quarter 2019 financial results on Wednesday, May 1, 2019 after the close of trading on the New York Stock ...
Parsley Energy (PE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.