Brigham Minerals (MNRL) Stock Price, News & Analysis

Company Overview

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 Delaware and Midland Basins in West Texas and New Mexico; the South Central Oklahoma Oil Province and Sooner Trend Anadarko Basin Canadian and Kingfisher Counties 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, 2021, it had mineral and royalty interests in approximately 92,375 net royalty acres; and owned mineral and royalty interests in 8,595 gross productive horizontal wells, which consisted of 7,909 oil wells and 688 natural gas wells. The company was founded in 2012 and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $32.00 to $33.50
• 50-Day Range: $31.74 to $37.03
• 52-Week Range: $20.53 to $37.79
• Volume: 3.02 million shs
• Average Volume: 520,501 shs
• Market Capitalization: $1.96 billion
• P/E Ratio: 13.32
• Dividend Yield: 1.97%
• Price Target: N/A
• Consensus Rating: N/A

MNRL Stock Analysis - Frequently Asked Questions

How were Brigham Minerals' earnings last quarter?

Brigham Minerals, Inc. (NYSE:MNRL) announced its earnings results on Wednesday, November, 3rd. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.03. The business earned $41.96 million during the quarter, compared to the consensus estimate of $40.50 million. Brigham Minerals had a net margin of 42.07% and a trailing twelve-month return on equity of 18.33%.

When did Brigham Minerals IPO?

Brigham Minerals (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 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.

What other stocks do shareholders of Brigham Minerals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Brigham Minerals investors own include AMC Entertainment (AMC), Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), Chevron (CVX), Advanced Micro Devices (AMD) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 11/03/2021
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Crude petroleum & natural gas
• Sub-Industry: N/A
• Current Symbol: NYSE:MNRL
• CUSIP: N/A
• CIK: 1745797
• Web: www.brighamminerals.net
• Phone: (512) 220-6350
• Fax: N/A
• Employees: 44
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.44
• Trailing P/E Ratio: 13.32
• Forward P/E Ratio: 11.61
• P/E Growth: N/A
• Net Income: $50.28 million
• Net Margins: 42.07%
• Pretax Margin: 63.37%
• Return on Equity: 18.33%
• Return on Assets: 15.95%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 4.59
• Quick Ratio: 4.59

Sales & Book Value

• Annual Sales: $161.22 million
• Price / Sales: 12.19
• Cash Flow: $1.46 per share
• Price / Cash Flow: 22.24
• Book Value: $11.71 per share
• Price / Book: 2.78

Miscellaneous

• Outstanding Shares: 60,446,000
• Free Float: 58,077,000
• Market Cap: $1.96 billion
• Optionable: Not Optionable
• Beta: 1.88