Brigham Minerals
General Information | |
Business: |
We formed our company in 2012 to acquire and actively manage a portfolio of mineral and royalty interests in the core of what we view as the most active, highly economic, liquids-rich resource basins across the continental United States. Our primary business objective is to maximize risk-adjusted total return to our shareholders by both capturing growth in free cash flow from the continued development of our existing portfolio of 11,648 undeveloped horizontal drilling locations unburdened by development capital expenditures or lease operating expenses, as well as leveraging our highly experienced technical evaluation team to continue to execute upon our scalable business model of sourcing, methodically evaluating and integrating accretive minerals acquisitions in the core of top-tier, liquids-rich resource plays. |
Industry: | CRUDE PETROLEUM & NATURAL GAS |
Employees: | 30 |
Founded: | 2012 |
Contact Information | |
Address | 5914 W. Courtyard Drive, Suite 100, Austin, TX 78730, US |
Phone Number | (512) 220-6350 |
Web Address | http://www.brighamminerals.com |
View Prospectus: | Brigham Minerals |
Financial Information | |
Market Cap | $874.8mil |
Revenues | $62.3 mil (last 12 months) |
Net Income | $33.4 mil (last 12 months) |
IPO Profile | |
Symbol | MNRL |
Exchange | NYSE |
Shares (millions): | 14.5 |
Price range | $18.00 - $18.00 |
Est. $ Volume | $261.0 mil |
Manager / Joint Managers | Credit Suisse/ Goldman Sachs/ Barclays/ RBC Capital Markets/ UBS Investment Bank/ Wells Fargo Securities |
CO-Managers | Raymond James/ Seaport Global/ Simmons Energy/ Tudor, Pickering, Holt |
Expected To Trade: | 4/18/2019 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |