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Bryan Sheffield

From Wikipedia, the free encyclopedia
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

Bryan Sheffield (born 1978) is a businessperson in the oil and gas industry. He founded Parsley Energy in 2008, which was sold to his father Scott D. Sheffield's company Pioneer Natural Resources in 2021.[2]

Since then, Sheffield has operated a private equity company.[2] Sheffield is a major donor to Donald Trump's presidential campaigns.[2][3]

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.[4] 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.[4] He had no previous experience in the energy business, just "family connections" and a "trader's taste for risk".[4]

In January 2018, Sheffield announced he would resign from his role as CEO of Parsley Energy and become the executive chairman of the company.[5]

Sheffield donated more than $1 million to Donald Trump's 2024 presidential campaign.[3] After Trump's re-election, Sheffield said he hoped that Trump would not push American oil companies to expand oil production, saying "Our stocks will be absolutely crushed if we start growing our production the way Trump is talking about it."[3]

Personal life

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Sheffield is married, with two children, and lives in Austin, Texas.[4]

In August 2019, Sheffield became a minority owner in Austin FC, a Major League Soccer expansion team based in Austin.[6]

References

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  1. ^ a b "SCHEDULE 14A". U.S. Securities and Exchange Commission.
  2. ^ a b c Pskowski, By Martha (2024-07-01). "Former Pioneer CEO and Son Make Significant Political Contributions to Trump, Abbott and Christi Craddick". Inside Climate News.
  3. ^ a b c "Trump's Oil and Gas Donors Don't Really Want to 'Drill, Baby, Drill'". The Wall Street Journal. 2024.
  4. ^ a b c d Helman, Christopher (15 October 2014). "The Oil Patch Prince: A Great Tale Of West Texas". Forbes.
  5. ^ "Parsley CEO Sheffield Stepping Into New Role In 2019; Successor Named". Oil and Gas Investor. January 9, 2018.
  6. ^ West, Phil (August 23, 2019). "Matthew McConaughey among four locals joining Austin FC ownership group". Austin American-Statesman.