NYSE:MNRL - Brigham Minerals Stock Price, News & Analysis

$20.44
-0.75 (-3.54 %)
(As of 08/20/2019 02:20 PM ET)
Today's Range
$20.42
Now: $20.44
$20.74
50-Day Range
$18.53
MA: $20.56
$22.34
52-Week Range
$18.36
Now: $20.44
$22.96
Volume510 shs
Average Volume147,268 shs
Market Capitalization$1.04 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
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
CUSIPN/A
CIKN/A
Phone512-220-6350

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees30
Market Cap$1.04 billion
Next Earnings Date11/14/2019 (Estimated)
OptionableNot Optionable

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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 an annual dividend on Thursday, August 8th. Shareholders of record on Thursday, August 22nd will be given a dividend of $0.33 per share on Thursday, August 29th. This represents a yield of 1.71%. The ex-dividend date of this dividend is Wednesday, August 21st. View Brigham Minerals' Dividend History.

When is Brigham Minerals' next earnings date?

Brigham Minerals is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Brigham Minerals.

What price target have analysts set for MNRL?

10 analysts have issued 1-year price targets for Brigham Minerals' shares. Their predictions range from $24.00 to $29.00. On average, they anticipate Brigham Minerals' stock price to reach $25.80 in the next twelve months. This suggests a possible upside of 26.2% 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 trended positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Brigham Minerals earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Brigham Minerals.

Who are some of Brigham Minerals' key competitors?

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 the company's lock-up period expire?

Brigham Minerals' lock-up period expires on Tuesday, October 15th. Brigham Minerals had issued 14,500,000 shares in its initial public offering on April 18th. The total size of the offering was $261,000,000 based on an initial share price of $18.00. After the end of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Who are Brigham Minerals' major shareholders?

Brigham Minerals' stock is owned by a number of of institutional and retail investors. Top institutional investors include Warburg Pincus LLC (25.29%), Nuveen Asset Management LLC (1.76%), BlackRock Inc. (1.54%), Vanguard Group Inc. (1.17%), CIBC Private Wealth Group LLC (0.97%) and Putnam Investments LLC (0.67%). 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 major investors are buying Brigham Minerals stock?

MNRL stock was bought by a variety of institutional investors in the last quarter, including Warburg Pincus LLC, Nuveen Asset Management LLC, BlackRock Inc., Vanguard Group Inc., CIBC Private Wealth Group LLC, Putnam Investments LLC, Zimmer Partners LP and Van ECK Associates Corp. 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, Scottrade, Fidelity and Charles Schwab.

What is Brigham Minerals' stock price today?

One share of MNRL stock can currently be purchased for approximately $20.44.

How big of a company is Brigham Minerals?

Brigham Minerals has a market capitalization of $1.04 billion. Brigham Minerals employs 30 workers across the globe.View Additional Information About Brigham Minerals.

What is Brigham Minerals' official website?

The official website for Brigham Minerals is http://www.brighamminerals.net/.

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)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  17 (Vote Outperform)
Underperform Votes:  9 (Vote Underperform)
Total Votes:  26
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.
This page was last updated on 8/20/2019 by MarketBeat.com Staff

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