AllAnalyst Report
logoMorningstarOctober 29, 2020

Parsley Energy, Inc.: Parsley Acquisition Still Pending, Reactivating Rigs as Planned

Symbols
PE
Sector(s)
Energy
Rating
Premium
Current Price
$16.93
Fair Value
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Economic Moat
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Stewardship
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Summary

Parsley Energy is an independent oil and gas producer in the United States that operates exclusively in the Permian Basin. At the end of 2019, it reported net proven reserves of 592 million barrels of oil equivalent. Net production averaged about 140,600 barrels per day in 2018, at a ratio of 62% oil, 21% natural gas liquids, and 17% natural gas.

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