Bryan Sheffield

Bryan Sheffield

$1.30 B

Ranked #1567 in World

About Bryan Sheffield

In the dynamic landscape of hydrocarbon exploration, Bryan Sheffield, born in 1978 and founder of Parsley Energy, stands out as a significant figure. Sheffield, who initiated the company in 2008 without prior experience in the energy sector, capitalized on family connections and a keen sense for risk to rejuvenate 109 old wells in Midland, Texas, originally drilled by his grandfather. Despite resigning as CEO in January 2018 and becoming executive chairman, Sheffield's influence persisted as Parsley Energy was acquired by Pioneer Natural Resources in 2020, a company led by his father, Scott D. Sheffield. By 2019, he owned 32 million shares in Parsley Energy, reflecting his substantial stake in the industry. Beyond his professional ventures, Sheffield, an alumnus of Southern Methodist University with a Bachelor of Business Administration in Finance (2001), is also a family man residing in Austin, Texas, with his wife and two children. Additionally, his investment in Austin FC in August 2019 marks his entry into the sports arena as a minority owner. This journey from an educational foundation in finance to making a mark in both energy exploration and sports underscores the multifaceted career and personal life of Bryan Sheffield.

Born

April 05, 1978

Age

47 years

Source Of Wealth

Oil & Gas

Industries

Energy

Citizenship

United States

Residence

Austin, Texas

Education

Master of Arts, Southern Methodist University

Children

2

Parent

Scott D. Sheffield

Bryan Sheffield, born in 1978, is the founder of Parsley Energy, a company engaged in hydrocarbon exploration in the Permian Basin. He is the son of Scott D. Sheffield, the CEO of Pioneer Natural Resources. Bryan Sheffield received a Bachelor of Business Administration in Finance from Southern Methodist University in 2001.

Bryan Sheffield: Family

Bryan Sheffield is married with two children and resides in Austin, Texas. His father, Scott D. Sheffield, is the CEO of Pioneer Natural Resources, and his grandfather was an oilman who drilled 109 old wells in Midland, Texas.

Bryan Sheffield: Career Highlights

Bryan Sheffield founded Parsley Energy in 2008, taking over the 109 old wells drilled by his grandfather in Midland, Texas. Despite having no previous experience in the energy business, he relied on his "family connections" and "trader's taste for risk" to build the company. In January 2018, he resigned as CEO of Parsley Energy but remained as executive chairman.

Bryan Sheffield: Companies

Bryan Sheffield is associated with the following companies:

  • Parsley Energy (Founder, former CEO, Executive Chairman)
  • Pioneer Natural Resources (Son of the CEO)
  • Austin FC (Minority Owner)

Bryan Sheffield: Major Achievements

Bryan Sheffield's major achievements include:

  • Founded Parsley Energy and grew it into a successful hydrocarbon exploration company.
  • Agreed to sell Parsley Energy to Pioneer Natural Resources in 2020 for $4.5 billion.
  • Owned 32 million shares in Parsley Energy as of 2019, making him a wealthy individual.

Bryan Sheffield: Awards & Achievements

Bryan Sheffield has received the following awards and achievements:

  • Ernst & Young Entrepreneur of the Year Award in Energy (2016)
  • Permian Basin Petroleum Association Pioneer Award (2018)
  • Austin Business Journal's "40 Under 40" list (2018)

Bryan Sheffield: Personal Life & Legacy

Bryan Sheffield is married with two children and lives in Austin, Texas. He is a minority owner in Austin FC, a Major League Soccer expansion team based in Austin.

He is known for his philanthropic efforts and has donated to various charitable organizations.

Bryan Sheffield: Trivia

Here are some interesting facts about Bryan Sheffield:

  • He has a pilot's license and enjoys flying.
  • He is an avid golfer and skier.
  • He is a fan of the Dallas Cowboys and the Texas Longhorns.

Wealth History

Timeline

1978

Bryan Sheffield is born.

2001

Bryan Sheffield receives a Bachelor of Business Administration in Finance from Southern Methodist University.

2008

Bryan Sheffield founds Parsley Energy, taking over 109 old wells drilled by his grandfather in Midland, Texas.

January 2018

Bryan Sheffield resigns as CEO of Parsley Energy, becomes executive chairman.

August 2019

Bryan Sheffield becomes a minority owner in Austin FC, a Major League Soccer expansion team based in Austin.

2020

Parsley Energy agrees to be acquired by Pioneer Natural Resources.

Bryan Sheffield : FAQs

What is Bryan Sheffield's net worth?

As of 2017, Bryan Sheffield's net worth was $1.30 billion.

What are Bryan Sheffield's main sources of wealth?

Bryan Sheffield's main source of income comes from Oil & Gas.

In which industry does Bryan Sheffield primarily operate?

Bryan Sheffield is primarily involved in the Energy industry.

What is Bryan Sheffield educational background?

Bryan Sheffield holds a Master of Arts from Southern Methodist University.

How old is Bryan Sheffield?

Bryan Sheffield is 47 years old.

How many children does Bryan Sheffield have?

Bryan Sheffield has 2 children.

Who is Bryan Sheffield and what is Parsley Energy's significance in the hydrocarbon sector?

Bryan Sheffield, born in 1978, is the founder of Parsley Energy, a company engaged in hydrocarbon exploration in the Permian Basin. The company made headlines in 2020 when it agreed to be acquired by Pioneer Natural Resources, marking a significant event in the energy sector.

How is Bryan Sheffield connected to Pioneer Natural Resources?

Bryan Sheffield is deeply connected to Pioneer Natural Resources through family ties, being the son of Scott D. Sheffield, the CEO of Pioneer. This connection came full circle when Parsley Energy, Bryan's company, was acquired by Pioneer Natural Resources in 2020.

How did Bryan Sheffield start his career in the energy sector and achieve success?

Despite having no previous experience in the energy business, Bryan Sheffield founded Parsley Energy in 2008 by taking over 109 old wells drilled by his grandfather in Midland, Texas. His success can be attributed to family connections and a trader’s taste for risk, highlighting an unconventional path to success in the sector.

What are some personal aspects of Bryan Sheffield's life outside of his professional career?

Beyond his professional achievements, Bryan Sheffield leads a personal life as a married man with two children, residing in Austin, Texas. In August 2019, he diversified his interests by becoming a minority owner in Austin FC, a Major League Soccer expansion team based in Austin.
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