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Subscriber Agreement & Terms of Use, In partnering with The Trail Foundation, Parsley employees help preserve urban greenspace by removing invasive plant species near our headquarters in downtown Austin. Participants should dial 877-709-8150 (United States/Canada) or 201-689-8354 (International) approximately 10 minutes before the scheduled start time and request the Parsley Energy earnings conference call. The program incentivizes volunteering and engagement efforts by rewarding employees who volunteer with charitable dollars, which they can direct to an organization of their choice. Reduced Parsley's 2019 total fluid spill rate by 39% (compared to 2018). 10 Energy Company Bonds That Could Reward Investors, How a Regulator in Texas Could Shake Up Oil, and the Stock Market, Cheap Oil Is ‘Entirely Ruinous’ for These 6 Countries, Oil Takes a Dive as Enthusiasm Over OPEC Deal Fades, Oil companies cut production, bracing for ‘lower for longer’ crude prices, 6 Stocks That Can Survive the Oil Shock, Even if It Lasts Years, According to One Analyst, Parsley Energy cuts 2020 capex budget to less than $1 billion, to rein in development over coronavirus, Merger Arbitrage Analysis And Spread Performance - November 22, 2020, Merger Arbitrage Analysis And Spread Performance - November 15, 2020, Permian Basin acreage price plunged by two-thirds in two years - report, Parsley Energy (PE) Received its Third Buy in a Row, Republicans retain control of Texas oil and gas regulator, Parsley Energy (PE) Q3 Earnings Beat but Stock Barely Moves.
The MarketWatch News Department was not involved in the creation of this content. We value our community partnerships and recognize the important role that engagement plays in the future of our industry. Historical and current end-of-day data provided by FACTSET. In 2019, Parsley paid over $172 million in state and local taxes and over $23 million in state and local royalties to help fund Texas schools, roads, and first responders. We believe that superior education opportunities, a technically skilled workforce, and sustainable environmental practices are critical for the future of our communities of operation. Cookie Notice. Our employees have committed time on a weekly basis to build relationships and trust with 2nd and 3rd grade students – grade years shown by studies to be the most pivotal to students’ long-term success and graduation rates. All rights reserved.

In 2019, Parsley’s Fun Committee initiated our second annual participation in the Austin Pride Parade. The company was founded by Bryan Sheffield, Mike Hinson, and Paul Treadwell in 2008 and is headquartered in Austin, TX. We harnessed the dedication of our employees to amplify our employee volunteer efforts and issued more than 200 small dollar contributions ($50 or under) to 125 charities in Austin and West Texas. The Stock Is Sinking. In 2019, Parsley launched our first formal community engagement platform, Parsley Culture Corner, to advocate for and support numerous charitable programs in the communities where we operate. 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. For the best MarketWatch.com experience, please update to a modern browser. Reduced Parsley's 2019 scope 1 greenhouse gas emissions intensity by 14% (compared to 2018).

Through our work with The Nature Conservancy, we aim to protect five of West Texas’ most critical freshwater sources and help preserve the Bracken Bat Cave in Central Texas. Create a list of the investments you want to track. We doubled the number of employee participants, which included some of our senior executives. To learn more about PSP initiatives in 2019, visit the PSP website.

We have drilled and operate hundreds of vertical and horizontal wells, having transitioned from vertical drilling to horizontal drilling in order to most effectively capture our abundant resource potential. ViacomCBS selling Simon & Schuster for $2.18 billion to Penguin Random House, Weekly U.S. initial jobless claims rise by 30,000 to 778,000, http://www.prnewswire.com/news-releases/parsley-energy-releases-annual-corporate-responsibility-report-301121350.html, Pope Francis takes aim at anti-mask protesters: ‘They are incapable of moving outside of their own little world’, Only these five dividend stocks made the cut in a ‘safer and better’ screen. To mitigate these impacts, we pay significant taxes and royalties to the state of Texas. Privacy Notice, and Pioneer Natural (PXD) to Report Q3 Earnings: A Beat in Store? We also established a pride-branded Parsley logo for the event.

Intraday Data provided by FACTSET and subject to terms of use. Targa Resources: A Prime Buyout Target, Price Could Double, Parsley Energy, Inc. (PE) CEO Matthew Gallagher on Q3 2020 Results - Earnings Call Transcript, Parsley Energy (PE) Surpasses Q3 Earnings and Revenue Estimates, Antero Resources Is A Generational Buy: Mapping Out The Free Cash Flow. However, we recognize that oil and natural gas development activity also leads to challenges we must address as an industry.

Oil Stocks Are Rallying. Founded in 2008, Parsley Energy is a Permian-focused independent oil and natural gas company with an extensive operating history and footprint, a premier acreage position, best-in-class well results, an attractive growth profile, and a conservative financial strategy. All quotes are in local exchange time.

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