PXD and Parsley Energy (PE)
Posted: Fri Jun 16, 2017 11:30 am
https://www.fool.com/investing/2017/06/ ... yptr=yahoo
PE is definitely "On Sale" today. It is on-track for 80% production growth this year and more than 60% production growth in 2018. First Call's price target is $43.65, which is very close to my valuation. Good comparison of PE to PXD in the article above.
PE is definitely "On Sale" today. It is on-track for 80% production growth this year and more than 60% production growth in 2018. First Call's price target is $43.65, which is very close to my valuation. Good comparison of PE to PXD in the article above.