Company Quick10K Filing
Parsley Energy
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 280 $5,304
10-Q 2019-11-07 Quarter: 2019-09-30
10-Q 2019-08-08 Quarter: 2019-06-30
10-Q 2019-05-03 Quarter: 2019-03-31
10-K 2019-02-27 Annual: 2018-12-31
10-Q 2018-11-02 Quarter: 2018-09-30
10-Q 2018-08-08 Quarter: 2018-06-30
10-Q 2018-05-04 Quarter: 2018-03-31
10-K 2018-02-28 Annual: 2017-12-31
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-05 Quarter: 2017-03-31
10-K 2017-02-27 Annual: 2016-12-31
10-Q 2016-11-04 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-06 Quarter: 2016-03-31
10-K 2016-02-29 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-13 Quarter: 2015-06-30
10-Q 2015-05-14 Quarter: 2015-03-31
10-K 2015-03-11 Annual: 2014-12-31
10-Q 2014-11-14 Quarter: 2014-09-30
10-Q 2014-08-14 Quarter: 2014-06-30
8-K 2020-02-19 Earnings, Regulation FD, Exhibits
8-K 2020-02-11 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-02-06 Regulation FD, Other Events, Exhibits
8-K 2020-02-06 Regulation FD, Other Events, Exhibits
8-K 2020-01-23 Earnings, Regulation FD, Exhibits
8-K 2020-01-10 Enter Agreement, Leave Agreement, M&A, Off-BS Arrangement, Officers, Regulation FD, Exhibits
8-K 2020-01-09 Shareholder Vote, Other Events
8-K 2020-01-06 Regulation FD
8-K 2020-01-02 Other Events, Exhibits
8-K 2019-12-19 Regulation FD, Exhibits
8-K 2019-11-15 Other Events
8-K 2019-11-12 Regulation FD
8-K 2019-11-05 Earnings, Regulation FD, Exhibits
8-K 2019-10-14 Enter Agreement, Earnings, Regulation FD, Exhibits
8-K 2019-09-03 Regulation FD
8-K 2019-08-06 Earnings, Regulation FD, Exhibits
8-K 2019-07-22 Enter Agreement, Code of Ethics, Exhibits
8-K 2019-06-17 Regulation FD
8-K 2019-05-24 Shareholder Vote
8-K 2019-05-01 Earnings, Regulation FD, Exhibits
8-K 2019-04-24 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-03-25 Regulation FD
8-K 2019-02-21 Earnings, Regulation FD, Exhibits
8-K 2019-02-20 Enter Agreement, Exhibits
8-K 2019-02-15 Officers, Exhibits
8-K 2018-12-21 Officers, Exhibits
8-K 2018-12-19 Regulation FD, Exhibits
8-K 2018-11-01 Earnings, Regulation FD, Exhibits
8-K 2018-10-26 Amend Bylaw, Exhibits
8-K 2018-09-26 Officers, Regulation FD, Exhibits
8-K 2018-08-07 Earnings, Regulation FD, Exhibits
8-K 2018-05-31 Other Events, Exhibits
8-K 2018-05-25 Shareholder Vote
8-K 2018-05-03 Enter Agreement, Earnings, Off-BS Arrangement, Regulation FD, Exhibits
8-K 2018-02-21 Earnings, Regulation FD, Exhibits
8-K 2018-01-29 Earnings, Exhibits
8-K 2018-01-09 Officers, Regulation FD, Exhibits

Parsley Energy Financials

PE Metrics, Comps, Filings

Annual | Quarterly

Business

Parsley Energy, Inc. (either individually or together with its subsidiaries, as the context requires, "we," "us," "our" or the "Company") is an independent oil and natural gas company focused on the acquisition, development, exploration and production of unconventional oil and natural gas properties in the Permian Basin. The Permian Basin is located in west Texas and southeastern New Mexico and is characterized by high oil and liquids-rich natural gas content, multiple vertical and horizontal target horizons, extensive production histories, long-lived reserves and historically high drilling success rates. Our properties are located in two sub areas of the Permian Basin, the Midland and Delaware Basins, where, given the associated returns, we focus predominantly on horizontal development drilling.

As of December 31, 2018, we had an interest in 571 gross (442.7 net) productive horizontal wells, of which 467 gross (357.5 net) wells are in the Midland Basin and 104 gross (85.2 net) wells are in the Delaware Basin. As of December 31, 2018, we operated 453 gross (425.3 net) of these horizontal wells and had the rights to develop 267,143 gross (198,946 net) acres in the Permian Basin, with approximately 218,525 gross (154,107 net) acres located in the Midland Basin and 48,618 gross (44,839 net) acres located in the Delaware Basin. We intend to grow our reserves and production through the drilling and development of our multi-year inventory of identified drilling locations.

At December 31, 2018, our estimated proved oil, natural gas and NGLs reserves were 521.7 MMBoe based on an internal reserve report prepared by our internal staff of petroleum engineers and audited by Netherland, Sewell & Associates, Inc. ("NSAI"), our independent third-party petroleum consulting firm. Of these reserves, approximately 60% are classified as proved developed producing. Based on this report, at December 31, 2018, our proved developed reserves were approximately 55% oil, 19% natural gas and 26% NGLs. These calculated percentages include proved developed non-producing reserves.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Encana (ECA) 6,643 0% 4.2 5% 21,747 11,732 7,496 0 1,160 3,413 14,308
Texas Pacific Land Trust (TPL) 5,942 0% 15.1 65% 464 80 445 0 303 380 5,752
Newfield Exploration (NFX) 5,879 0% 6.5 9% 5,676 3,805 711 0 524 1,232 8,004
Cimarex Energy (XEC) 5,639 0% 10.6 8% 7,596 3,652 2,339 0 600 719 7,620
Helmerich & Payne (HP) 5,341 0% 9.6 -1% 5,897 1,802 2,846 0 -45 572 5,472
Parsley Energy (PE) 5,304 0% 6.3 3% 9,838 3,410 1,892 0 310 1,196 7,480
Southwest Gas (SWX) 4,818 43% 10.7 4% 7,667 5,248 2,584 1,105 270 671 7,189
WPX Energy (WPX) 4,774 0% 3.8 7% 8,553 3,992 2,560 0 604 1,814 6,943
Murphy Oil (MUR) 4,154 0% 4.4 4% 13,536 8,437 2,630 0 570 1,840 8,014
Transocean (RIG) 3,868 16% 18.7 -4% 25,624 12,867 3,076 494 -1,028 581 10,858
EQT (EQT) 3,683 56% 5.1 -1% 20,479 9,231 4,986 2,803 -257 1,482 7,553
Chesapeake Energy (CHK) 3,061 0% 5.5 4% 16,540 12,310 8,265 0 675 2,404 13,218
Kosmos Energy (KOS) 2,527 0% 7.8 1% 4,466 3,582 1,237 0 23 578 4,517
Patterson Uti Energy (PTEN) 2,518 0% -11.3 -7% 5,192 1,913 3,043 0 -354 -301 3,388
PDC Energy (PDCE) 2,282 0% 5.1 3% 4,595 2,216 1,879 0 124 686 3,478
Matador Resources (MTDR) 2,140 0% 3.6 5% 3,751 1,911 890 0 197 570 2,056
Centennial Resource Development (CDEV) 2,021 0% 19.4 2% 4,535 1,268 916 0 85 148 2,870
Tellurian (TELL) 1,882 71% -14.2 -33% 417 176 13 9 -139 -129 1,836
Magnolia Oil & Gas (MGY) 1,810 0% 3.7 3% 3,531 747 1,073 0 120 572 2,113
Oasis Petroleum (OAS) 1,745 0% 3.8 3% 7,710 3,844 2,251 0 236 1,208 4,621

Balance Sheet ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Cash511133554163
Accounts Receivable232159123139
Inventory
PP&E1,7611,9863,6177,8358,824
Assets2,0512,5143,9398,7939,391
Accounts Payable
Long-Term Debt6725521,1192,2052,204
Liabilities1,0599281,5082,9123,072
Stockholders' Equity7071,2642,0904,7125,568
Income Statement ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue1,826
Cost of Revenue
Gross Profit
R&D
SG&A355585124151
Tax36-2406105
Net Income57-73-89124446
Cash Flow ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating1851722286941,219
Cash Investing-1,248-427-1,885-3,457-1,594
Cash Financing1,0945471,4473,184-16