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 Date2/6/2020 (Estimated)
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."
How often does Brigham Minerals pay dividends? What is the dividend yield for Brigham Minerals?
Brigham Minerals declared a quarterly dividend on Thursday, November 7th. Investors of record on Wednesday, November 20th will be paid a dividend of $0.33 per share on Wednesday, November 27th. This represents a $1.32 dividend on an annualized basis and a yield of 7.10%. The ex-dividend date is Tuesday, November 19th. View Brigham Minerals' Dividend History.
How were Brigham Minerals' earnings last quarter?
Brigham Minerals Inc (NYSE:MNRL) released its quarterly earnings results on Thursday, November, 7th. The company reported $0.14 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.19 by $0.05. The firm had revenue of $25.11 million for the quarter, compared to analyst estimates of $25.50 million. View Brigham Minerals' Earnings History.
When is Brigham Minerals' next earnings date?
What price target have analysts set for MNRL?
11 Wall Street analysts have issued 1 year price objectives for Brigham Minerals' stock. Their forecasts range from $22.00 to $29.00. On average, they anticipate Brigham Minerals' share price to reach $25.36 in the next year. This suggests a possible upside of 36.4% from the stock's current price. View Analyst Price Targets for Brigham Minerals.
What is the consensus analysts' recommendation for Brigham Minerals?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brigham Minerals in the last year. There are currently 10 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 coverage about MNRL stock has been trending somewhat positive this week, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brigham Minerals earned a daily sentiment score of 1.7 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Brigham Minerals.
Are investors shorting Brigham Minerals?
Brigham Minerals saw a decline in short interest in October. As of October 31st, there was short interest totalling 600,400 shares, a decline of 13.4% from the September 30th total of 693,200 shares. Based on an average daily trading volume, of 175,900 shares, the days-to-cover ratio is currently 3.4 days. Currently, 3.6% of the shares of the stock are sold short. View Brigham Minerals' Current Options Chain.
Who are some of Brigham Minerals' key competitors?
Some companies that are related to Brigham Minerals include Viper Energy Partners (VNOM), Magnolia Oil & Gas (MGY), Black Stone Minerals (BSM), Vermilion Energy (VET), EQT (EQT), Crescent Point Energy (CPG), ARC Resources (AETUF), Kosmos Energy (KOS), Matador Resources (MTDR), Tellurian (TELL), DELEK GRP LTD/ADR (DGRLY), Jagged Peak Energy (JAG), Enerplus (ERF), Talos Energy (TALO) and Chesapeake Energy (CHK).
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 IPO 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 acted 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 did the company's lock-up period expire?
Brigham Minerals' lock-up period expired on Tuesday, October 15th. Brigham Minerals had issued 14,500,000 shares in its public offering on April 18th. The total size of the offering was $261,000,000 based on an initial share price of $18.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.
Who are Brigham Minerals' major shareholders?
Brigham Minerals' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include CIBC Private Wealth Group LLC (1.28%), Soros Fund Management LLC (1.16%), Millennium Management LLC (0.68%), JHL Capital Group LLC (0.59%), State Street Corp (0.57%) and First Trust Advisors LP (0.07%). Company insiders that own Brigham Minerals stock include Ben M Brigham, Blake C Williams, Harold D Carter and Robert M Roosa. View Institutional Ownership Trends for Brigham Minerals.
Which institutional investors are selling Brigham Minerals stock?
Which institutional investors are buying Brigham Minerals stock?
MNRL stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Soros Fund Management LLC, CIBC Private Wealth Group LLC, JHL Capital Group LLC, State Street Corp, First Trust Advisors LP, Penserra Capital Management LLC and Meeder Asset Management Inc.. Company insiders that have bought Brigham Minerals stock in the last two years include Ben M Brigham, Blake C Williams, Harold D Carter and Robert M Roosa. View Insider Buying and Selling for Brigham Minerals.
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, Robinhood, Fidelity and Charles Schwab.
What is Brigham Minerals' stock price today?
One share of MNRL stock can currently be purchased for approximately $18.60.
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.
