Bryan Sheffield (born 1978) is the founder of Parsley Energy, a company engaged in hydrocarbon exploration in the Permian Basin that agreed to be acquired by Pioneer Natural Resources in 2020. As of 2019, he owned 32 million shares in the company.[1]

Bryan Sheffield
Born1978 (age 45–46)[1]
NationalityAmerican
Alma materSouthern Methodist University (2001)
OccupationBusinessman
Known forFounder and CEO of Parsley Energy
Children2
ParentScott D. Sheffield

Early life and education

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Bryan Sheffield is the son of Scott D. Sheffield, chief executive officer (CEO) of Pioneer Natural Resources.[2] In 2001, he received a Bachelor of Business Administration in Finance from Southern Methodist University.[1]

Career

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In 2008, Sheffield founded Parsley Energy, taking over 109 old wells that his grandfather Joe Parsley had drilled in the Midland, Texas area.[2] He had no previous experience in the energy business, just "family connections" and a "trader's taste for risk".[2]

In January 2018, Sheffield announced he would resign from his role as CEO of Parsley Energy and become the executive chairman of the company.[3]

Personal life

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Sheffield is married, with two children, and lives in Austin, Texas.[2]

In August 2019, Sheffield became a minority owner in Austin FC, a Major League Soccer expansion team based in Austin.[4]

References

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  1. ^ a b c "SCHEDULE 14A". U.S. Securities and Exchange Commission.
  2. ^ a b c d Helman, Christopher (15 October 2014). "The Oil Patch Prince: A Great Tale Of West Texas". Forbes.
  3. ^ "Parsley CEO Sheffield Stepping Into New Role In 2019; Successor Named". Oil and Gas Investor. January 9, 2018.
  4. ^ West, Phil (August 23, 2019). "Matthew McConaughey among four locals joining Austin FC ownership group". Austin American-Statesman.