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 Suiss/ Goldman Sachs/ Barclays/ RBC Capital Markets/ UBS Investment Bank/ Wells Fargo Securities
CO-Managers Raymond James/ Seaport Global Securities/ Simmons Energy/ Tudor, Pickering, Holt (A Division of Piper Jaffray)
Expected To Trade: 4/18/2019
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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