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How to buy Parsley Energy stock
Own Parsley Energy stock in just a few minutes.
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.
How to buy shares in Parsley Energy
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Parsley Energy. Find the stock by name or ticker symbol: PE. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Parsley Energy reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Parsley Energy, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Parsley Energy. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
Parsley Energy share price
Use our graph to track the performance of PE stocks over time.Parsley Energy shares at a glance
Information last updated 2021-02-28.
| 52-week range | USD$3.8718 - USD$17.31 |
|---|---|
| 50-day moving average | USD$15.0154 |
| 200-day moving average | USD$11.642 |
| Wall St. target price | USD$15.5 |
| PE ratio | 11.3016 |
| Dividend yield | USD$0.2 (1.22%) |
| Earnings per share (TTM) | USD$0.951 |
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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.
Is it a good time to buy Parsley Energy stock?
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.
Is Parsley Energy under- or over-valued?
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 P/E ratio
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 PEG ratio
Parsley Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.6278. 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
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.
Parsley Energy financials
| 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% |
| Profit margin | -212.93% |
| Book value | $10.079 |
| Market capitalisation | USD$7 billion |
TTM: trailing 12 months
Shorting Parsley Energy shares
There are currently 28.8 million Parsley Energy shares held short by investors – that's known as Parsley Energy's "short interest". This figure is 0.8% down from 29.0 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)
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 4.7 million). Parsley Energy's SIR currently stands at 6.19. In other words for every 100,000 Parsley Energy shares traded daily on the market, roughly 6190 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 0.07% of the outstanding shares (for every 100,000 Parsley Energy shares in existence, roughly 70 shares are currently held short) or 0.0931% of the tradable shares (for every 100,000 tradable Parsley Energy shares, roughly 93 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly 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.
Parsley Energy share dividends
Dividend payout ratio: 37.04% of net profits
Recently Parsley Energy has paid out, on average, around 37.04% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.22% 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 1.22% 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 fairly standard, it's worth remembering that Parsley Energy may be investing much of the rest of its net profits in 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").
Have Parsley Energy's shares ever split?
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.
Parsley Energy share price volatility
Over the last 12 months, Parsley Energy's shares have ranged in value from as little as $3.8718 up to $17.31. 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 2.2458. 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 overview
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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