Parsley Energy, Inc. (PE) News

Parsley Energy, Inc. (PE)

Today's Latest Price: $13.75 USD

0.04 (-0.29%)

Updated Nov 27 5:04pm

Add PE to Watchlist
Sign Up

Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 97 in Energy - Oil & Gas

See all "A" rated Strong Buy stocks

Filter PE News Items

PE News Results

Event/Time Symbol Company News Detail Start End Change POWR Rating
Loading, please wait...

Latest PE News From Around the Web

Below are the latest news stories about Parsley Energy Inc that investors may wish to consider to help them evaluate PE as an investment opportunity.

Parsley Energy: Turning Into A Free Cash Flow Machine

Parsley Energy (PE) delivered robust levels of free cash flows in 2Q20, and with the expected increase in cash flow from operations and low levels of capital expenditures, the Austin, Texas-based oil producer will likely continue reporting free cash flows in the future. Parsley Energy will likely then use the...

Sarfaraz A. Khan on Seeking Alpha | September 9, 2020

Shale producer Parsley Energy sets higher 2020 cash flow target

Shale producer Parsley Energy raised its cash flow target and reinstated its 2020 production guidance on Tuesday, saying it expects to pump about 110,000 barrels of oil per day in the fourth quarter, according to a company presentation.

Reuters | September 8, 2020

Parsley Energy EPS beats by $0.15, misses on revenue

Parsley Energy (PE): Q2 Non-GAAP EPS of $0.03 beats by $0.15; GAAP EPS of -$0.95 misses by $0.81.Revenue of $220.21M (-55.8% Y/Y) misses by $108.2M.Net oil production decreased 11% sequentially and increased 30% Y/Y to 112.6 MBo per day, total net production averaged 183.2 MBoe per day.Press Release...

Seeking Alpha | August 5, 2020

Parsley Energy Earnings Preview: Conserving Cash Flows In A Tough Period

Parsley Energy (PE) will release its financial results next week in which it will likely report a large drop in earnings due to weakness in oil prices and low levels of production. The shale oil producer's cash flows might have also fallen but not as severely, thanks to the support...

Sarfaraz A. Khan on Seeking Alpha | July 30, 2020

Bounceback in U.S. shale oil output is unlikely to last the summer

A reopening of some major economies locked down due to the coronavirus has lifted global oil prices and encouraged U.S. shale producers to return at least a third of the 2 million barrels per day (bpd) curtailed since April. With most new drilling halted and OPEC relaxing curbs that have underpinned the oil-price recovery, shale output will slide again in autumn, said oil executives and analysts. Shale output falls off faster than at conventional oil wells, a factor that will lead to output declining by September.

Yahoo | July 23, 2020

Oil Stocks Are Rallying. Three Could Surge Even More.

One analyst says it’s time to buy oil producers because they’ll benefit from steadily rising prices.

Yahoo | July 21, 2020

Benzinga's Top Upgrades, Downgrades For July 20, 2020

Upgrades Raymond James changed the rating for Parsley Energy Inc (NYSE: PE) from Outperform to Strong Buy. For the first quarter, Parsley Energy …

Benzinga | July 20, 2020

Benzinga's Top Upgrades, Downgrades For July 20, 2020

Upgrades * Raymond James changed the rating for Parsley Energy Inc (NYSE: PE) from Outperform to Strong Buy. For the first quarter, Parsley Energy had an EPS of $0.29, compared to year-ago quarter EPS of $0.22. The stock has a 52-week-high of $20.80 and a 52-week-low of $3.92. Parsley Energy's stock last closed at $10.51 per share. * For Laredo Petroleum Inc (NYSE: LPI), Raymond James upgraded the stock from Market Perform to Outperform. Laredo Petroleum earned $0.09 in the first quarter, compared to $0.12 in the year-ago quarter. The stock has a 52-week-high of $29.10 and a 52-week-low of $0.33. Laredo Petroleum's stock last closed at $13.81 per share. * Raymond James changed the rating for Apache Corp (NASDAQ: APA) from Market Perform to Outperform. For the first quarter, ...

Yahoo | July 20, 2020

U.S. has passed peak oil production, Parsley Energy CEO says

U.S. crude oil production already has peaked, with the record output level struck earlier this year as the high-water mark, Parsley Energy ([[PE]] +0.6%) CEO Matt Gallagher tells the Financial Times."I don't think I'll see 13 million (bbl/day) again in my lifetime,” the 37-year-old Gallagher says.April's oil price crash was "hands...

Seeking Alpha | July 13, 2020

Has U.S. Oil Output Already Peaked?

In September 2019, the U.S. became a net exporter of petroleum products for the first time. By the spring of 2020, domestic crude oil production was nearing 13 million barrels per day before the COVID-19 pandemic turned the market on its head.

Yahoo | July 13, 2020



Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!



Page generated in 0.6068 seconds.