Hemang Desai - Parsley Energy Independent Director

Director

Dr. Hemang Desai Ph.D. is Independent Director of the Company. Hemang Desai, Ph.D., is the Accounting Department Chair and Robert B. Cullum Professor of Accounting at Southern Methodist University . He has served on our Board of Directors since July 2014. Dr. Desai joined SMUs faculty in 1998 and has served as the Accounting Department Chair since 2010. His research on accounting and capital markets was published in top academic journals and was the subject of articles at publications such as the Wall Street Journal, Barrons, the New York Times and CFO Magazine since 2014.
Age 53
Tenure 10 years
Professional MarksMBA
Phone737 704-2300
Webwww.parsleyenergy.com
Desai’s consulting clients have included McKinsey & Co., Entergy Corporation and Baker & McKenzie. Qualifications: Dr. Desai received a B.Sc. from St. Xavier’s College, Bombay, India in 1986, an M.B.A. from the University of New Orleans in 1990, and a Ph.D. in Business Administration from the Freeman School of Business at Tulane University in 1997. We believe that Dr. Desai’s experience and broad knowledge in matters of capital markets and accounting qualify him for service on our Board of Directors.

Parsley Energy Management Efficiency

The company has Return on Asset (ROA) of (31.43) % which means that for every 100 dollars spent on asset, it generated a loss of $31.43. This is way below average. Likewise, it shows a return on total equity (ROE) of (77.4) %, which implies that it produced no returns to current stockholders. Parsley Energy's management efficiency ratios could be used to measure how well Parsley Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Parsley Energy reports 3.09 B of total liabilities with total debt to equity ratio (D/E) of 0.75, which is normal for its line of buisiness. Parsley Energy has a current ratio of 0.43, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Parsley to invest in growth at high rates of return.

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Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, exploration, production, and sale of crude oil and natural gas properties in the Permian Basin in west Texas and Southeastern New Mexico. The company was founded in 2008 and is headquartered in Austin, Texas. Parsley Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 496 people. Parsley Energy (PE) is traded on New York Stock Exchange in USA and employs 496 people.

Management Performance

Parsley Energy Leadership Team

Elected by the shareholders, the Parsley Energy's board of directors comprises two types of representatives: Parsley Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Parsley. The board's role is to monitor Parsley Energy's management team and ensure that shareholders' interests are well served. Parsley Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Parsley Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Colin Roberts, Vice President General Counsel, Secretary
Ronald Brokmeyer, Independent Director
James Kleckner, Independent Director
A Alameddine, Lead Independent Director
David DellOsso, Chief Operating Officer, Executive Vice President
Matthew Gallagher, President, Chief Executive Officer and Director
Jerry Windlinger, Independent Director
Stephanie Reed, Senior Vice President - Corporate Development, Land, and Midstream
Ryan Dalton, Chief Financial Officer, Executive Vice President
Hemang Desai, Independent Director
William Browning, Independent Director
Bryan Sheffield, Executive Chairman of the Board
Karen Hughes, Independent Director
Kyle Rhodes, Director of Investor Relations
S VanLoh, Independent Director
David Smith, Independent Director
Michael Hinson, Senior Vice President - Corporate Development

Parsley Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Parsley Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Other Consideration for investing in Parsley Stock

If you are still planning to invest in Parsley Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Parsley Energy's history and understand the potential risks before investing.
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