Parsley Energy

Parsley Energy, Inc. is an independent oil and natural gas company. The Company is focused on the acquisition, development and exploitation of unconventional oil and natural gas reserves in the Permian Basin. The Permian Basin is located in West Texas and Southeastern New Mexico and comprises over three primary sub-areas: the Midland Basin, the Central Basin Platform and the Delaware Basin. The Company's properties are primarily located in the Midland and Delaware Basins and its activities have been focused on the vertical development of the Spraberry, Wolfberry and Wolftoka Trends of the Midland Basin. The Company's vertical wells in the Permian Basin are drilled into stacked pay zones that include the Spraberry, Wolfcamp, Upper Pennsylvanian (Cline), Strawn, Atoka and Mississippian formations. The Company splits its assets into over four areas, including the Midland Basin-Core, Midland Basin-Tier I, Midland Basin-Other and Southern Delaware Basin.


Company Growth (employees)
Type
Public
HQ
Midland, US
Size (employees)
298 (est)
Parsley Energy is headquartered in Midland, US

Parsley Energy Office Locations

Parsley Energy has offices in Midland and Austin
Midland, US (HQ)
PO Box 11090
Austin, US
3000 Colorado Tower 303 Colorado St

Parsley Energy Financials and Metrics

Parsley Energy Financials

Parsley Energy's revenue was reported to be $457.8 m in FY, 2016
USD

Revenue (Q3, 2017)

241 m

Net income (Q3, 2017)

(15.2 m)

EBIT (Q3, 2017)

63.1 m

Market capitalization (13-Dec-2017)

6.6 b

Cash (30-Sep-2017)

242.5 m

EV

7.8 b
Parsley Energy's current market capitalization is $6.6 b.
USDFY, 2014FY, 2016

Revenue

301.8 m457.8 m

Sales and marketing expense

38.1 m59.3 m

General and administrative expense

35 m84.6 m

Operating expense total

73.1 m143.9 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

62.3 m106.3 m132.7 m200.9 m213.7 m241 m

Sales and marketing expense

13.9 m14.2 m16.4 m17.6 m29.6 m

General and administrative expense

19.3 m17.3 m24.7 m24 m31.8 m

Operating expense total

88.5 m105.2 m120.2 m128.3 m168.4 m177.9 m
USDFY, 2014FY, 2015FY, 2016

Cash

133.4 m

Accounts Receivable

4.8 m

Inventories

1.1 m4 m

Current Assets

299.5 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

28.3 m441 m571.8 m1.9 b502.6 m242.5 m

Current Assets

172.5 m590.8 m692.5 m2.2 b727 m474.4 m

PP&E

2.7 b3 b4.3 b7.2 b

Total Assets

2.5 b3.3 b3.8 b6.7 b8.1 b8 b
    USDFY, 2014FY, 2015FY, 2016

    Net Income

    56.7 m(88.9 m)

    Depreciation and Amortization

    94.3 m233.8 m

    Accounts Receivable

    (35.8 m)

    Inventories

    (2.3 m)
    USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    (25.7 m)(53.2 m)(54.8 m)38.3 m94.1 m(15.2 m)

    Depreciation and Amortization

    49.4 m105.4 m171.1 m69 m152.3 m

    Accounts Receivable

    (14.7 m)(52.5 m)(23.3 m)(7 m)(22.6 m)

    Inventories

    (575 k)3.8 m
      USDY, 2017

      EV/EBIT

      124.3 x

      Revenue/Employee

      808.8 k

      Debt/Equity

      0.3 x

      Debt/Assets

      0.2 x

      Financial Leverage

      1.4 x
      Show all financial metrics

      Parsley Energy Market Value History

      Parsley Energy's Web-traffic and Trends

      Parsley Energy Company Life and Culture

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