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.


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, Austin
Midland, US
Austin, US

Parsley Energy Metrics

Parsley Energy Summary

Market capitalization

$7.7 b

Closing share price

$31.6
Parsley Energy's current market capitalization is $7.7 b.

Parsley Energy Financials

Parsley Energy's revenue is $457.8 m in FY, 2016
FY, 2016

Revenue

$457.8 m

Net Income

($88.9 m)

Parsley Energy Market Value History

Parsley Energy Company Life

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