Bryan Sheffield Biography
Bryan Sheffield was born in 1978 and is the founder of Parsley Energy, a Permian Basin hydrocarbon exploration business that will be acquired by Pioneer Natural Resources in 2020. He owns 32 million shares in the corporation as of 2019.
Sheffield had developed the company sufficiently by early 2014, aided by rising pricing and breakthroughs in fracking, to stage an IPO. His 20% ownership almost made him a billionaire. Then came the oil crash, which reduced Parsley’s stock by more than half. Despite this, Parsley has thrived while dozens of other oil businesses have failed.
It turns out that Grandpa Joe’s wells were located in what is today considered to be the best spot in America to drill for oil. In 2015 and 2016, Parsley sold more than $1 billion in new stock, using the money to acquire 120,000 acres in the Permian Basin. Sheffield now owns roughly 15% of Parsley Energy.
Bryan Sheffield Age
Bryan Sheffield was born in 1978. He will be 45 years old in 2023.,
Bryan Sheffield Height
Sheffield stands at a moderate height of 6 feet 3 inches.
Bryan Sheffield Education
Bryan Sheffield graduated from Southern Methodist University with a Bachelor of Business Administration in Finance in 2001.
Bryan Sheffield Family
Sheffield’s grandfather’s name was Joe Parsley. He is the son of Scott Sheffield, chief executive officer (CEO) of Pioneer Natural Resources. He is also married and a father of two children.
Bryan Sheffield Wife
Sheffield is a married man with two children and resides in Austin, Texas.
Bryan Sheffield Children
Sheffield has two children whose names are not known by the public.
Bryan Sheffield Networth
Bryan Sheffield’s net worth is estimated to be $20.4 as of September 2023.
Bryan Sheffield Career
Sheffield launched Parsley Energy in 2008, taking over 109 old wells drilled by his grandfather Joe Parsley in the Midland, Texas area. He had no prior expertise in the energy industry, only “family connections” and a “trader’s appetite for risk.”
Sheffield announced in January 2018 that he would quit as CEO of Parsley Energy and become executive chairman of the firm.
Sheffield became a part owner in Austin FC, a Major League Soccer expansion team headquartered in Austin, in August 2019.
