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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.
April 05, 1978
47 years
Oil & Gas
Energy
United States
Austin, Texas
Master of Arts, Southern Methodist University
2
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:
Bryan Sheffield: Major Achievements
Bryan Sheffield's major achievements include:
Bryan Sheffield: Awards & Achievements
Bryan Sheffield has received the following awards and achievements:
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:
Bryan Sheffield is born.
Bryan Sheffield receives a Bachelor of Business Administration in Finance from Southern Methodist University.
Bryan Sheffield founds Parsley Energy, taking over 109 old wells drilled by his grandfather in Midland, Texas.
Bryan Sheffield resigns as CEO of Parsley Energy, becomes executive chairman.
Bryan Sheffield becomes a minority owner in Austin FC, a Major League Soccer expansion team based in Austin.
Parsley Energy agrees to be acquired by Pioneer Natural Resources.
What is Bryan Sheffield's net worth?
What are Bryan Sheffield's main sources of wealth?
In which industry does Bryan Sheffield primarily operate?
What is Bryan Sheffield educational background?
How old is Bryan Sheffield?
How many children does Bryan Sheffield have?
Who is Bryan Sheffield and what is Parsley Energy's significance in the hydrocarbon sector?
How is Bryan Sheffield connected to Pioneer Natural Resources?
How did Bryan Sheffield start his career in the energy sector and achieve success?
What are some personal aspects of Bryan Sheffield's life outside of his professional career?