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Parsley Energy, Inc is an oil & gas e&p business based in the US. Parsley Energy shares (PE) are listed on the NYSE and all prices are listed in US Dollars. Parsley Energy employs 496 staff and has a trailing 12-month revenue of around USD$1.8 billion.
Since the stock market crash in March caused by coronavirus, Parsley Energy's share price has had significant negative movement.
Its last market close was USD$11.89, which is 29.01% down on its pre-crash value of USD$16.75 and 203.32% up on the lowest point reached during the March crash when the shares fell as low as USD$3.92.
If you had bought USD$1,000 worth of Parsley Energy shares at the start of February 2020, those shares would have been worth USD$312.71 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$721.96.
|Latest market close||USD$11.89|
|52-week range||USD$3.9039 - USD$19.9479|
|50-day moving average||USD$10.3053|
|200-day moving average||USD$10.4704|
|Wall St. target price||USD$14.71|
|Dividend yield||USD$0.2 (1.68%)|
|Earnings per share (TTM)||USD$0.951|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-13)||4.57%|
|1 month (2020-10-23)||11.23%|
|3 months (2020-08-21)||10.30%|
|6 months (2020-05-22)||27.58%|
|1 year (2019-11-22)||-23.09%|
|2 years (2018-11-21)||-45.31%|
|3 years (2017-11-22)||-55.20%|
|5 years (2015-11-20)||-37.59%|
Valuing Parsley Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Parsley Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Parsley Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Parsley Energy shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Parsley Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.7971. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Parsley Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Parsley Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.3 billion.
The EBITDA is a measure of a Parsley Energy's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.8 billion|
|Gross profit TTM||USD$1.6 billion|
|Return on assets TTM||-31.43%|
|Return on equity TTM||-77.4%|
|Market capitalisation||USD$5.1 billion|
TTM: trailing 12 months
There are currently 36.3 million Parsley Energy shares held short by investors – that's known as Parsley Energy's "short interest". This figure is 0.7% down from 36.6 million last month.
There are a few different ways that this level of interest in shorting Parsley Energy shares can be evaluated.
Parsley Energy's "short interest ratio" (SIR) is the quantity of Parsley Energy shares currently shorted divided by the average quantity of Parsley Energy shares traded daily (recently around 12.0 million). Parsley Energy's SIR currently stands at 3.04. In other words for every 100,000 Parsley Energy shares traded daily on the market, roughly 3040 shares are currently held short.
However Parsley Energy's short interest can also be evaluated against the total number of Parsley Energy shares, or, against the total number of tradable Parsley Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Parsley Energy's short interest could be expressed as 0.09% of the outstanding shares (for every 100,000 Parsley Energy shares in existence, roughly 90 shares are currently held short) or 0.1263% of the tradable shares (for every 100,000 tradable Parsley Energy shares, roughly 126 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Parsley Energy.
Find out more about how you can short Parsley Energy stock.
Dividend payout ratio: 24.39% of net profits
Recently Parsley Energy has paid out, on average, around 24.39% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.68% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Parsley Energy shareholders could enjoy a 1.68% return on their shares, in the form of dividend payments. In Parsley Energy's case, that would currently equate to about $0.2 per share.
While Parsley Energy's payout ratio might seem low, this can signify that Parsley Energy is investing more in its future growth.
Parsley Energy's most recent dividend payout was on 18 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 7 December 2020 (the "ex-dividend date").
Parsley Energy's shares were split on a 4:1 basis on 3 April 2014. So if you had owned 1 share the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Parsley Energy shares – just the quantity. However, indirectly, the new 75% lower share price could have impacted the market appetite for Parsley Energy shares which in turn could have impacted Parsley Energy's share price.
Over the last 12 months, Parsley Energy's shares have ranged in value from as little as $3.9039 up to $19.9479. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Parsley Energy's is 2.2046. This would suggest that Parsley Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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.
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