Parsley Energy Revenue and Competitors

Austin, TX USA

Location

$65M

Total Funding

Energy/Oil

Industry

Estimated Revenue & Valuation

  • Parsley Energy's estimated annual revenue is currently $50.3M per year.(i)
  • Parsley Energy received $700.0M in venture funding in October 2017.
  • Parsley Energy's estimated revenue per employee is $263,375
  • Parsley Energy's total funding is $65M.

Employee Data

  • Parsley Energy has 191 Employees.(i)
  • Parsley Energy grew their employee count by 3% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$38M14123%N/AN/A
#2
$60.6M2254%N/AN/A
#3
$6.7M343%N/AN/A
#4
$11.2M516%N/AN/A
#5
$18.6M766%N/AN/A
#6
$7.3M3915%N/AN/A
#7
$42.3M15734%N/AN/A
#8
$18.6M764%N/AN/A
#9
$6.9M356%N/AN/A
#10
$5M290%N/AN/A
Add Company

What Is Parsley Energy?

Founded in 2008, Parsley Energy is an independent oil and natural gas company with operations in the Permian Basin, where we develop unconventional oil and natural gas reserves. As we efficiently and responsibly grow reserves, production, and cash flow by developing our liquids rich resource base, we seek to create value for shareholders, employees, energy consumers, and the communities in which we work. Over the past several years we have grown - primarily through the drill bit - from a two-person start-up to a large-scale operation that operates several hundred wells and produces more than 67.5-72.5 MBo/d as of 3rd Quarter 2017. With a substantial inventory of vertical and horizontal drilling locations in the prolific core of both the Midland and Delaware Basin, we look forward to continued growth at superior rates of return.

keywords:Cleantech,Energy,Wind Power

$65M

Total Funding

191

Number of Employees

$50.3M

Revenue (est)

3%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Parsley Energy News

2022-04-06 - Nothing's Gonna Stop Us Now - E&Ps Post Record Profits in ...

HighPeak Energy more than quadrupled production from 750 Mboe in ... 67% to 228 MMboe after acquiring Parsley Energy and DoublePoint Energy.

2022-03-30 - Falcon Oil & Gas Ltd. - US$10 million Private Placement with US Strategic Investor And US$6 million Acquisition of Overriding Royalty Interest

He was Founder of Parsley Energy Inc. (“PE”), an independent unconventional oil and gas producer in the Permian Basin, Texas and previously...

2019-09-05 - Parsley Energy (PE) Up 7.9% Since Last Earnings Report ...

A month has gone by since the last earnings report for Parsley Energy (PE). Shares have added about 7.9% in that time frame, outperforming ...

2019-09-03 - Stock at Key Inflection Points:: Parsley Energy, Inc., (NYSE: PE)

A sector Basic Materials based Parsley Energy, Inc., PE company closed its business at $17.27, by making the trend of -2.15% and showed a ...

2019-09-03 - Up or Down:: Parsley Energy, Inc., (NYSE: PE)

Each buying and selling session display one-of-a-kind actions and patterns about Parsley Energy, Inc. PE), Independent Oil & Gas stock.

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$74.2M191-3%N/A
#2
$28.7M19141%$31M
#3
$57M19210%N/A
#4
$28.9M192-1%$46M
#5
$37.2M1922%$24.3M

Parsley Energy Funding

DateAmountRoundLead InvestorsReference
2015-02-09$224.0MUndisclosedCredit SuisseArticle
2015-04-28$500.0MUndisclosedArticle
2016-05-24$203.0MUndisclosedCredit Suisse SecuritiesArticle
2016-08-16$243.2MUndisclosedJ.P. Morgan Securities LLCArticle
2016-12-07$650.0MUndisclosedArticle
2017-01-11$770.0MUndisclosedMorgan StanleyArticle
2017-02-08$350.0MUndisclosedArticle
2017-02-09$450.0MUndisclosedArticle
2017-05-02$1400.0MUndisclosedMultipleArticle
2017-10-06$700.0MUndisclosedArticle