Parsley Energy - M&A Summary, Ownership, and Business Overview

Oil/gas ExplorationCompany

Parsley Energy M&A Summary

Parsley Energy has acquired 2 companies of its own, including 1 in the last 5 years.

Parsley Energy’s largest acquisition to date was in 2019, when it acquired Jagged Peak Energy for $625M. Parsley Energy has acquired in 2 different US states. The Company’s most targeted sectors include energy services and equipment (50%) and oil/gas exploration (50%).

Parsley Energy Ownership

Who owns Parsley Energy?

Parsley Energy is owned by Pioneer Natural Resources. It was acquired on October 20, 2020.

Parsley Energy Business Overview

Where is Parsley Energy headquartered?

Parsley Energy is headquartered in Austin, Texas.

What is Parsley Energy’s revenue?

Parsley Energy disclosed revenue of 1,959M USD for 2019 and 1,826M USD for 2018.

How many employees does Parsley Energy have?

Parsley Energy has 496 employees.

What sector is Parsley Energy in?

Parsley Energy is an oil/gas exploration company.

When was Parsley Energy founded?

Parsley Energy was founded in 2008.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Advisors 2

Parsley Energy, Inc.

303 Colorado Street Suite 3000,
Austin, Texas 78701
United States,
(737) 704-2300
www.parsleyenergy.com

Parsley Energy, Inc. is an independent oil and natural gas company with operations in the Permian Basin, where the company develops unconventional oil and natural gas reserves. Parsley Energy was founded in 2008 and is based in Austin, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $625M $625M
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
Jagged Peak Energy, Inc. 2019-10-14 625M USD Add-on Acquisition
Denver, Colorado · www.jaggedpeakenergy.com
Acreage in the Southern Delaware Basin 2014-11-11 - Add-on Acquisition
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 1 (50%) 625M (100%) - -
Oil/Gas Exploration 1 (50%) - - -
Total 2 $625M - -

By Geo

State/Country Buy Value Sell Value
United States 2 625M - -
  Colorado 1 625M - -
Total 2 $625M - -

Top M&A Advisors

Financial Deals
Tudor, Pickering, Holt & Co., LLC
1
Legal Deals
Kirkland & Ellis
1

Deal Values

buy # Total
$100M to $1B 1 $625M
TOTAL $625M
Largest Jagged Peak Energy, Inc.
$625M (2019-10-14)

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