Parsley Energy is an independent oil and natural gas company. The Company focuses on the acquisition, development and exploitation of unconventional oil and natural gas reserves in the Permian Basin.

Type
Public
HQ
Midland, US
Founded
2008
Size (employees)
298 (est)
Parsley Energy was founded in 2008 and is headquartered in Midland, US
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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
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Parsley Energy Financials and Metrics

Parsley Energy Financials

Parsley Energy's revenue was reported to be $457.77 m in FY, 2016
USD

Revenue (Q1, 2018)

392.7 m

Net income (Q1, 2018)

105.5 m

EBIT (Q1, 2018)

169.3 m

Market capitalization (15-May-2018)

10.1 b

Closing share price (15-May-2018)

32

Cash (31-Mar-2018)

350.8 m

EV

12 b
Parsley Energy's current market capitalization is $10.1 b.
Annual
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
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

62.3 m106.3 m132.7 m200.9 m213.7 m241 m392.7 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 m35 m

Operating expense total

88.5 m105.2 m120.2 m128.3 m168.4 m177.9 m223.4 m
Annual
USDFY, 2014FY, 2015FY, 2016

Cash

133.4 m

Accounts Receivable

4.8 m

Inventories

1.1 m4 m

Current Assets

299.5 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

28.3 m441 m571.8 m1.9 b502.6 m242.5 m350.8 m

Current Assets

172.5 m590.8 m692.5 m2.2 b727 m474.4 m750 m

PP&E

2.7 b3 b4.3 b7.2 b8.2 b

Total Assets

2.5 b3.3 b3.8 b6.7 b8.1 b8 b8.9 b
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

56.7 m(88.9 m)

Depreciation and Amortization

94.3 m233.8 m

Inventories

(2.3 m)

Accounts Payable

2.6 m1.7 m20.9 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

(25.7 m)(53.2 m)(54.8 m)38.3 m94.1 m(15.2 m)105.5 m

Depreciation and Amortization

49.4 m105.4 m171.1 m69 m152.3 m121.2 m

Inventories

(575 k)3.8 m

Accounts Payable

3.9 m12.4 m28.2 m17.7 m52.7 m313.9 m(5.4 m)
USDY, 2018

EV/EBIT

70.6 x

EV/CFO

52.7 x

Revenue/Employee

1.3 m

Financial Leverage

1.5 x
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Parsley Energy News and Updates

Parsley Energy will not add rigs if oil prices rise further -CEO

NEW ORLEANS, March 27 (Reuters) - Parsley Energy Inc has no plans to add more drilling rigs if oil prices rise further, part of a plan to focus on boosting returns, the U.S. shale oil producer's chief executive said on Tuesday.
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