Preheat pressure cooker on medium-high heat.

Toss stew meat in a bowl with olive oil until well coated.

Sear half of the meat in the hot pressure cooker on all sides. Repeat with remaining meat.

Remove meat from the pressure cooker and set aside.

Pour beer or ale (or water) into the hot pressure cooker and deglaze the pot, scraping up any browned bits.

Return meat to the pot.

Add tomato soup, chicken broth (or water), carrots, potatoes, celery, onions, salt, pepper, parsley, beer (or ale), and bay leaves to the pot.

Stir well to ensure all ingredients are covered in liquid. Add more broth or water if needed.

Secure the lid on the pressure cooker.

Bring to 15 lbs of pressure and cook for 17 minutes.

Open the pressure cooker using your preferred method.

Serve the stew.