Parsley Energy, Inc. is an oil and natural gas company, which engages in the acquisition, development and exploitation of unconventional oil and natural gas reserves. Its portfolio includes Midland and Southern Delaware basin. The company was founded by Bryan Sheffield, Mike Hinson, and Paul Treadwell in 2008 and is headquartered in Austin, TX.
Company profile
Website
CEO
Matthew Gallagher
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Parsley Energy, Inc.
SEC CIK
Corporate docs
Subsidiaries
Parsley Energy, LLC • Parsley Energy, L.P. • Parsley Energy Operations, LLC • Parsley Administration, LLC • Parsley GP, LLC • Parsley Finance Corp. • Parsley Minerals, LLC • Parsley Veritas Energy • Parsley DE Operating LLC • Parsley DE Lone Star LLC ...
Latest filings (excl ownership)
15-12B
Securities registration termination
25 Jan 21
25-NSE
Exchange delisting
13 Jan 21
POSASR
Automatic shelf registration (post-effective amendment)
12 Jan 21
POSASR
Automatic shelf registration (post-effective amendment)
12 Jan 21
POSASR
Automatic shelf registration (post-effective amendment)
12 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
12 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
12 Jan 21
8-K
Termination of a Material Definitive Agreement
12 Jan 21
425
Business combination disclosure
5 Jan 21
425
Business combination disclosure
5 Jan 21
Transcripts
Earnings call transcript
2020 Q3
29 Oct 20
Earnings call transcript
2020 Q2
6 Aug 20
Earnings call transcript
2020 Q1
5 May 20
Earnings call transcript
2019 Q4
20 Feb 20
Earnings call transcript
2019 Q3
6 Nov 19
Earnings call transcript
2019 Q2
7 Aug 19
Earnings call transcript
2018 Q1
2 May 19
Earnings call transcript
2018 Q4
22 Feb 19
Earnings call transcript
2018 Q3
2 Nov 18
Earnings call transcript
2018 Q2
8 Aug 18
Latest ownership filings
SC 13G/A
Invesco Ltd.
31 Jan 22
SC 13G
Invesco Ltd.
16 Feb 21
SC 13G/A
Nuveen Asset Management, LLC
12 Feb 21
SC 13G/A
TEACHERS ADVISORS, LLC
12 Feb 21
SC 13G/A
TIAA CREF INVESTMENT MANAGEMENT LLC
12 Feb 21
SC 13G/A
Boston Partners
11 Feb 21
SC 13G/A
VANGUARD GROUP INC
10 Feb 21
4
Change in insider ownership
12 Jan 21
4
Matthew Gallagher
12 Jan 21
4
Colin Roberts
12 Jan 21
Financial summary
Quarter (USD) | Sep 20 | Jun 20 | Mar 20 | Sep 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 4.66 mm | 4.66 mm | 4.66 mm | 4.66 mm | 4.66 mm | 4.66 mm |
Cash burn (monthly) | (no burn) | 4.95 mm | (no burn) | 410.12 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 207.76 mm | n/a | 17.20 bn | n/a | n/a |
Cash remaining | n/a | -203.10 mm | n/a | -17.20 bn | n/a | n/a |
Runway (months of cash) | n/a | -41.0 | n/a | -41.9 | n/a | n/a |
Institutional ownership, Q1 2023
4.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 137.98 mm |
Total shares | 15.99 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Integrated Core Strategies | 6.27 mm | $0.00 |
Tiaa Cref Investment Management | 4.86 mm | $68.99 mm |
Teachers Advisors | 4.86 mm | $68.99 mm |