# Parsley Energy acquires Jagged Peak Energy in $2.27B all-stock deal

Parsley Energy and Jagged Peak Energy entered a definitive merger agreement for Parsley to acquire Jagged Peak in an all-stock transaction valued at approximately $2.27 billion, including net debt. The deal is expected to close in Q1 2020.

- Type: Acquisition
- Announced: 2019-10-14
- Where: United States
- Value: $2.27B
- Status: announced
- Products: oil and gas

## Companies

- [Parsley Energy](https://endata.com/companies/42691.md) (acquirer)
- [Jagged Peak Energy](https://endata.com/companies/42692.md) (target)

## Sources

- [worldoil.com](https://www.worldoil.com/news/2019/10/14/parsley-energy-acquires-jagged-peak-energy-in-2-27-billion-all-stock-deal/), 2019-10-14: "Parsley Energy and Jagged Peak Energy announced they have entered into a definitive merger agreement, under which Parsley will acquire Jagged Peak in an all-stock transaction valued at approximately $2.27 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.