Parsley Energy Inc (PE) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 22, 2020
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Parsley Energy Inc (PE, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Parsley Energy Inc is an independent oil and natural gas company. It has operations spread across the Permian Basin located in West Texas and Southeastern New Mexico engaged in the development of unconventional oil and natural gas reserves. Parsley Energy Inc has a market cap of $6.91 billion; its shares were traded at around $16.75 with a P/E ratio of 27.02 and P/S ratio of 2.39. The dividend yield of Parsley Energy Inc stocks is 0.35%. Parsley Energy Inc had annual average EBITDA growth of 24.60% over the past five years. GuruFocus has detected 1 severe warning sign with Parsley Energy Inc. .

For the last quarter Parsley Energy Inc reported a revenue of $522.5 million, compared with the revenue of $454.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2 billion, an increase of 7.2% from last year. For the complete 30-year financial data, please go here.. For the last five years Parsley Energy Inc had an average revenue growth rate of 57.3% a year.

The reported diluted earnings per share was 63 cents for the year, a decline of 53.3% from the previous year. The Parsley Energy Inc had a decent operating margin of 28.47%, compared with the operating margin of 34.03% a year before. The 10-year historical median operating margin of Parsley Energy Inc is 28.72%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Parsley Energy Inc has the cash and cash equivalents of $20.7 million, compared with $163.2 million in the previous year. The long term debt was $2.3 billion, compared with $2.2 billion in the previous year. The interest coverage to the debt is 4.2. Parsley Energy Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $16.75, Parsley Energy Inc is traded at 65.4% discount to its historical median P/S valuation band of $48.43. The P/S ratio of the stock is 2.39, while the historical median P/S ratio is 6.92. The stock lost 6.25% during the past 12 months.

For the complete 20-year historical financial data of PE, click here.