Parsley Energy, LLC, founded in 2008 and headquartered in Austin, Texas, is an independent oil and natural gas company focused on the acquisition and development of unconventional resources in the Permian Basin. The company specializes in exploration and production activities, primarily targeting oil-rich formations to optimize resource extraction and enhance operational efficiencies.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PARSLY 4.13% 2028-02-15 USDParsley Energy, LLC | United States | 2028-02-15 | 4.125 | 4.08 |
| PARSLY 4.13% 2028-02-15 USDParsley Energy, LLC | United States | 2028-02-15 | 4.125 | 4.07 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Parsley Energy began issuing bonds in 2014, with significant issuances including a $500 million senior unsecured note offering in 2017 that aimed to finance its capital expenditure program. As of October 2023, the company's bonds yield around 5.2%, competitive within the industry, reflecting strong liquidity and creditworthiness. Notably, in 2021, Parsley Energy completed a merger with Jagged Peak Energy, which bolstered its asset base and diversified its bond offerings, enhancing investor confidence and market presence.