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Parsley Energy (Parsley Energy) Scaled Net Operating Assets : 0.91 (As of Sep. 2020)


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What is Parsley Energy Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Parsley Energy's operating assets for the quarter that ended in Sep. 2020 was $7,840 Mil. Parsley Energy's operating liabilities for the quarter that ended in Sep. 2020 was $630 Mil. Parsley Energy's Total Assets for the quarter that ended in Jun. 2020 was $7,956 Mil. Therefore, Parsley Energy's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2020 was 0.91.


Parsley Energy Scaled Net Operating Assets Historical Data

The historical data trend for Parsley Energy's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Parsley Energy Scaled Net Operating Assets Chart

Parsley Energy Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.87 1.36 1.87 0.95 0.94

Parsley Energy Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.88 0.77 0.85 0.91

Competitive Comparison of Parsley Energy's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Parsley Energy's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Parsley Energy's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Parsley Energy's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Parsley Energy's Scaled Net Operating Assets falls into.



Parsley Energy Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Parsley Energy's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2019 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2019 )
=(Operating Assets (A: Dec. 2019 )-Operating Liabilities (A: Dec. 2019 ))/Total Assets (A: Dec. 2018 )
=(9835.475-1019.021)/9391.363
=0.94

where

Operating Assets(A: Dec. 2019 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9856.214 - 20.739
=9835.475

Operating Liabilities(A: Dec. 2019 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3333.566 - 2253.347 - 61.198
=1019.021

Parsley Energy's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2020 )
=(Operating Assets (Q: Sep. 2020 )-Operating Liabilities (Q: Sep. 2020 ))/Total Assets (Q: Jun. 2020 )
=(7840.274-629.536)/7956.338
=0.91

where

Operating Assets(Q: Sep. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7844.936 - 4.662
=7840.274

Operating Liabilities(Q: Sep. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3717.509 - 3047.944 - 40.029
=629.536

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Parsley Energy Scaled Net Operating Assets Related Terms

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Parsley Energy (Parsley Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
303 Colorado Street, Suite 3000, Austin, TX, USA, 78701
Parsley Energy is an independent oil and gas producer in the United States that operates exclusively in the Permian Basin. At the end of 2019, it reported net proven reserves of 592 million barrels of oil equivalent. Net production averaged about 140,600 barrels per day in 2018, at a ratio of 62% oil, 21% natural gas liquids, and 17% natural gas.
Executives
Bryan Sheffield director, officer: See Remarks 500 W. TEXAS AVENUE TOWER I, SUITE 200 MIDLAND TX 79701
Roberts Colin officer: See Remarks 500 W. TEXAS AVENUE TOWER I, SUITE 200 MIDLAND TX 79701
Ryan Dalton officer: See Remarks 500 W. TEXAS AVENUE TOWER I, SUITE 200 MIDLAND TX 79701
Ron Brokmeyer director 303 COLORADO STREET SUITE 3000 AUSTIN TX 78701
Vanloh S Wil Jr director, 10 percent owner 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
Karen Parfitt Hughes director 303 COLORADO STREET SUITE 3000 AUSTIN TX 78701
Q-jagged Peak Energy Investment Partners, Llc director, 10 percent owner, other: See Remarks 1401 MCKINNEY STREET, SUITE 2700 HOUSTON TX 77010
Jerry Windlinger director 303 COLORADO STREET SUITE 3000 AUSTIN TX 78701
Hemang Desai director 221 WEST 6TH STREET SUITE 750 AUSTIN TX 78701
David Henry Smith director 500 W. TEXAS AVENUE TOWER I, SUITE 200 MIDLAND TX 79701
James J. Kleckner director 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380
William Browning director 8066 PARK LANE, UNIT 602, DALLAS TX 75231
Qem V Llc director, 10 percent owner, other: See Remarks 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
A R Alameddine director 303 COLORADO STREET, SUITE 3000, AUSTIN TX 78701
Matthew Gallagher director, officer: See Remarks 500 W. TEXAS AVENUE, TOWER I, SUITE 200, MIDLAND TX 79701

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