Parsley Energy, Inc. (PE) EPS Estimated At $0.45

October 13, 2018 - By Marie Mckinney

Investors sentiment increased to 1.28 in 2018 Q2. Its up 0.16, from 1.12 in 2018Q1. It improved, as 31 investors sold Parsley Energy, Inc. shares while 101 reduced holdings. 70 funds opened positions while 99 raised stakes. 253.36 million shares or 0.65% less from 255.01 million shares in 2018Q1 were reported.
Brinker Cap invested in 0.02% or 21,358 shares. British Columbia Invest Mgmt invested in 72,418 shares or 0.02% of the stock. Gradient Invests Ltd Llc reported 41,839 shares. 118,066 are owned by Syntal Capital Ltd Liability Corp. Macquarie Grp invested in 0.01% or 207,234 shares. Guggenheim Cap Lc holds 0% or 20,625 shares in its portfolio. Brandywine Investment Mngmt Limited Liability Corporation holds 0% or 111 shares in its portfolio. Northern Tru reported 1.43M shares. Moreover, Oppenheimer Asset Incorporated has 0.02% invested in Parsley Energy, Inc. (NYSE:PE). Carmignac Gestion has invested 0.08% of its portfolio in Parsley Energy, Inc. (NYSE:PE). Tudor Inv Corp Et Al reported 25,513 shares. 770,574 are held by State Common Retirement Fund. Commercial Bank Of Ny Mellon Corporation reported 0.06% stake. Ls Investment Advisors Ltd Company reported 0.01% of its portfolio in Parsley Energy, Inc. (NYSE:PE). Adams Natural Res Fund Inc has 173,700 shares.

Since May 8, 2018, it had 1 insider buy, and 7 insider sales for $79.15 million activity. Hinson Mike sold $383,180 worth of Parsley Energy, Inc. (NYSE:PE) on Friday, August 24. Gallagher Matthew had sold 142,971 shares worth $4.54M on Tuesday, May 8. $315,900 worth of stock was sold by Roberts Colin on Tuesday, May 15. Sheffield Bryan sold 2.50 million shares worth $70.38 million. Shares for $27,320 were bought by Desai Hemang on Tuesday, September 4.

Analysts expect Parsley Energy, Inc. (NYSE:PE) to report $0.45 EPS on November, 6.They anticipate $0.33 EPS change or 275.00 % from last quarter’s $0.12 EPS. PE’s profit would be $142.56M giving it 16.11 P/E if the $0.45 EPS is correct. After having $0.39 EPS previously, Parsley Energy, Inc.’s analysts see 15.38 % EPS growth. The stock increased 1.61% or $0.46 during the last trading session, reaching $29. About 4.06 million shares traded. Parsley Energy, Inc. (NYSE:PE) has risen 16.14% since October 14, 2017 and is uptrending. It has outperformed by 0.52% the S&P500.

Parsley Energy, Inc. (NYSE:PE) Ratings Coverage

Among 10 analysts covering Parsley Energy (NYSE:PE), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Parsley Energy had 16 analyst reports since April 16, 2018 according to SRatingsIntel. The rating was maintained by Jefferies on Wednesday, April 25 with “Buy”. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, April 20. The firm has “Equal-Weight” rating given on Wednesday, September 26 by Morgan Stanley. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, May 4 report. The firm earned “Hold” rating on Friday, May 4 by Williams Capital Group. The stock has “Buy” rating by Seaport Global on Wednesday, May 23. BMO Capital Markets maintained the shares of PE in report on Friday, May 4 with “Outperform” rating. SunTrust maintained it with “Buy” rating and $3800 target in Monday, April 16 report. On Monday, May 21 the stock rating was maintained by Williams Capital Group with “Hold”. Stifel Nicolaus maintained Parsley Energy, Inc. (NYSE:PE) on Friday, May 4 with “Buy” rating.

Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of natural gas and crude oil properties in the Permian Basin in West Texas and Southeastern New Mexico. The company has market cap of $9.19 billion. As of December 31, 2016, its acreage position consisted of 138,567 net acres, including 95,072 net acres in the Midland Basin and 43,495 net acres in the Delaware Basin; and 146.7 net producing horizontal wells and 481.5 net producing vertical wells, as well an estimated proved oil and natural gas reserves were 222.3 MMBoe. It has a 35.28 P/E ratio.

Parsley Energy, Inc. (NYSE:PE) Institutional Positions Chart

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