Brigham Minerals, Inc. owns and operates a portfolio of mineral and royalty interests in the continental United States. The company primarily holds mineral and royalty interests in the Permian Basin in West Texas and New Mexico; the SCOOP/STACK plays in the Anadarko Basin of Oklahoma; the Denver-Julesburg Basin in Colorado; and Wyoming and the Williston Basin in North Dakota. As of December 31, 2018, it had mineral and royalty interests in approximately 48,100 net mineral acres; and owned mineral and royalty interests in 3,355 gross productive horizontal wells, which consisted of 3,064 oil wells and 291 natural gas wells. The company also had proved undeveloped reserves of 6,923 thousand barrels of oil; 30,062 million cubic feet of natural gas; and 3,220 million barrels of natural gas liquids for a total of 15,153 thousand barrels of oil equivalent. Brigham Minerals, Inc. was founded in 2012 and is based in Austin, Texas.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorBasic Materials
CIKN/A
Phone512-220-6350
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees30
Next Earnings DateN/A
OptionableNot Optionable
Brigham Minerals (NYSE:MNRL) Frequently Asked Questions
What is Brigham Minerals' stock symbol?
Brigham Minerals trades on the New York Stock Exchange (NYSE) under the ticker symbol "MNRL."
What price target have analysts set for MNRL?
10 analysts have issued 1 year price objectives for Brigham Minerals' shares. Their predictions range from $24.00 to $29.00. On average, they expect Brigham Minerals' stock price to reach $25.80 in the next twelve months. This suggests a possible upside of 26.7% from the stock's current price. View Analyst Price Targets for Brigham Minerals.
What is the consensus analysts' recommendation for Brigham Minerals?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brigham Minerals in the last year. There are currently 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Brigham Minerals.
Has Brigham Minerals been receiving favorable news coverage?
News articles about MNRL stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Brigham Minerals earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Brigham Minerals.
Are investors shorting Brigham Minerals?
Brigham Minerals saw a increase in short interest in May. As of May 15th, there was short interest totalling 91,500 shares, an increase of 482.8% from the April 15th total of 15,700 shares. Based on an average daily trading volume, of 555,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.4% of the shares of the company are short sold. View Brigham Minerals' Current Options Chain.
Who are some of Brigham Minerals' key competitors?
Some companies that are related to Brigham Minerals include EQT (EQT), Murphy Oil (MUR), Viper Energy Partners (VNOM), Black Stone Minerals (BSM), Vermilion Energy (VET), Chesapeake Energy (CHK), Eclipse Resources (ECR), Magnolia Oil & Gas (MGY), Kosmos Energy (KOS), PDC Energy (PDCE), DELEK GRP LTD/ADR (DGRLY), Centennial Resource Development (CDEV), Matador Resources (MTDR), Tellurian (TELL) and Southwestern Energy (SWN).
What other stocks do shareholders of Brigham Minerals own?
Who are Brigham Minerals' key executives?
Brigham Minerals' management team includes the folowing people:
- Mr. Ben M. Brigham II, Exec. Chairman (Age 59)
- Mr. Robert M. Roosa, Pres, CEO & Director (Age 49)
- Mr. Blake C. Williams, Chief Financial Officer (Age 32)
When did Brigham Minerals IPO?
(MNRL) raised $223 million in an initial public offering on Thursday, April 18th 2019. The company issued 13,500,000 shares at a price of $15.00-$18.00 per share. Credit Suiss, Goldman Sachs, Barclays, RBC Capital Markets, UBS Investment Bank and Wells Fargo Securities served as the underwriters for the IPO and Raymond James, Seaport Global Securities, Simmons Energy and Tudor, Pickering, Holt (A Division of Piper Jaffray) were co-managers.
When does Brigham Minerals' lock-up period expire?
Brigham Minerals' lock-up period expires on Tuesday, October 15th. Brigham Minerals had issued 14,500,000 shares in its IPO on April 18th. The total size of the offering was $261,000,000 based on an initial share price of $18.00. After the expiration of Brigham Minerals' lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
How do I buy shares of Brigham Minerals?
Shares of MNRL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Brigham Minerals' stock price today?
One share of MNRL stock can currently be purchased for approximately $20.37.
How big of a company is Brigham Minerals?
What is Brigham Minerals' official website?
How can I contact Brigham Minerals?
Brigham Minerals' mailing address is 5914 W. COURTYARD DRIVE SUITE 100, AUSTIN TX, 78730. The company can be reached via phone at 512-220-6350 or via email at [email protected]
MarketBeat Community Rating for Brigham Minerals (NYSE MNRL)
MarketBeat's community ratings are surveys of what our community members think about Brigham Minerals and other stocks. Vote "Outperform" if you believe MNRL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MNRL will underperform the S&P 500 over the long term. You may vote once every thirty days.
