Brigham Minerals Management

Management criteria checks 2/4

Brigham Minerals' CEO is Rob Roosa, appointed in Jul 2017, has a tenure of 5.42 years. total yearly compensation is $5.19M, comprised of 10% salary and 90% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth €6.35M. The average tenure of the management team and the board of directors is 4.2 years and 4.6 years respectively.

Key information

Rob Roosa

Chief executive officer

US$5.2m

Total compensation

CEO salary percentage	10.0%
CEO tenure	5.4yrs
CEO ownership	0.3%
Management average tenure	4.2yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rob Roosa's remuneration changed compared to Brigham Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2022	n/a	n/a	US$128m
Jun 30 2022	n/a	n/a	US$104m
Mar 31 2022	n/a	n/a	US$73m
Dec 31 2021	US$5m	US$518k	US$50m
Sep 30 2021	n/a	n/a	US$394k
Jun 30 2021	n/a	n/a	-US$23m
Mar 31 2021	n/a	n/a	-US$39m
Dec 31 2020	US$4m	US$516k	-US$42m
Sep 30 2020	n/a	n/a	-US$4m
Jun 30 2020	n/a	n/a	US$9m
Mar 31 2020	n/a	n/a	US$10m
Dec 31 2019	US$4m	US$500k	US$6m
Sep 30 2019	n/a	n/a	US$2m
Jun 30 2019	n/a	n/a	-US$331k
Mar 31 2019	n/a	n/a	US$2m
Dec 31 2018	US$526k	US$395k	US$2m

Compensation vs Market: Rob's total compensation ($USD5.19M) is above average for companies of similar size in the German market ($USD1.56M).

Compensation vs Earnings: Rob's compensation has increased by more than 20% in the past year.

CEO

Rob Roosa (52 yo)

5.4yrs

Tenure

US$5,193,799

Compensation

Mr. Robert M. Roosa, also known as Rob, has been the Chief Executive Officer of Brigham Minerals, Inc. since July 2017 and serves as its Director since May 2018. He served as president of Brigham Minerals,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Roosa	CEO & Director	5.4yrs	US$5.19m	0.34% $ 6.3m
Blake Williams	Chief Financial Officer	5.4yrs	US$2.47m	0.15% $ 2.8m
Kari Potts	VP, General Counsel	2.9yrs	US$1.49m	0.042% $ 771.9k
Ivan Gaidarov	VP & Chief Accounting Officer	less than a year	no data	0.072% $ 1.3m
Jacob Sexton	Manager of Finance & Investor Relations	no data	no data	no data
A. McDavid	Senior Vice President of Exploration	no data	no data	no data
Hamilton Hogsett	Senior Vice President of Reservoir Engineering	no data	no data	no data
Kevin L'abbé	Vice President of Exploration for the Mid-Continent & Rocky Mountain Regions	no data	no data	no data

4.2yrs

Average Tenure

44yo

Average Age

Experienced Management: 2TQ's management team is considered experienced (4.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Roosa	CEO & Director	4.6yrs	US$5.19m	0.34% $ 6.3m
Ben Brigham	Founder & Executive Chairman	10.1yrs	US$275.13k	0.66% $ 12.1m
A. Langford	Independent Director	2.3yrs	US$205.00k	0.031% $ 569.4k
Richard Stoneburner	Independent Director	4.6yrs	US$212.50k	0.049% $ 902.6k
James Levy	Independent Director	9.9yrs	US$213.96k	0.049% $ 902.6k
John Sult	Independent Director	4.6yrs	US$225.00k	0.095% $ 1.8m
Jon-Al Duplantier	Independent Director	1.8yrs	US$239.39k	0.019% $ 342.0k
Gayle Burleson	Independent Director	less than a year	no data	0.0040% $ 73.8k
Stacy Hock	Independent Director	less than a year	no data	0.0040% $ 73.8k

4.6yrs

Average Tenure

56yo

Average Age

Experienced Board: 2TQ's board of directors are considered experienced (4.6 years average tenure).

Brigham Minerals Management

Management criteria checks 2/4

Key information

Recent management updates

Chief Financial Officer recently sold €699k worth of stock

Brigham Minerals, Inc., Annual General Meeting, May 24, 2022

Brigham Minerals, Inc. Appoints Ivan Gaidarov as Vice President and Chief Accounting Officer

Chief Financial Officer recently sold €412k worth of stock

Brigham Minerals, Inc. Appoints Jon-Al Duplantier as Director

Founder & Executive Chairman recently bought €165k worth of stock

Recent updates

Sitio Royalties Corp. (NYSE:STR) completed the acquisition of Brigham Minerals, Inc. (NYSE:MNRL) from BlackRock, Inc. (NYSE:BLK), Fidelity Management & Research Company LLC, Wellington Management Company LLP and others.

Now 26% undervalued

Upcoming dividend of US$0.81 per share

Third quarter 2022 earnings released: EPS: US$0.71 (vs US$0.31 in 3Q 2021)

Brigham Minerals, Inc. Declares Cash Dividend for the Third Quarter of 2022, Payable on November 25, 2022

Brigham Minerals, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Sitio Royalties Corp. (NYSE:STR) entered into an agreement to acquire Brigham Minerals, Inc. (NYSE:MNRL) for $1.8 billion.

Sitio Royalties Corp. (NYSE:STR) entered into an agreement to acquire Brigham Minerals, Inc. (NYSE:MNRL) for $1.8 billion.

Brigham Minerals, Inc. Provides Operating Guidance for the Full Year of 2023

Upcoming dividend of US$0.77 per share

An unknown buyer acquired Undeveloped Anadarko Basin assets from Brigham Minerals, Inc. (NYSE:MNRL) for $67.3 million.

Second quarter 2022 earnings released: EPS: US$0.80 (vs US$0.26 in 2Q 2021)

Brigham Minerals Reportedly Explores Potential Sale

Brigham Minerals, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Investor sentiment deteriorated over the past week

Chief Financial Officer recently sold €699k worth of stock

Upcoming dividend of US$0.60 per share

First quarter 2022 earnings released: EPS: US$0.64 (vs US$0.20 in 1Q 2021)

Brigham Minerals, Inc. (NYSE:MNRL) completed the acquisition of Certain Mineral and Royalty Interests in the Midland Basin from Echo Minerals AC, LLC.

Brigham Minerals, Inc., Annual General Meeting, May 24, 2022

Brigham Minerals, Inc. Appoints Ivan Gaidarov as Vice President and Chief Accounting Officer

Upcoming dividend of US$0.45 per share

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Brigham Minerals, Inc. Provides Dividend Guidance for the First Quarter of 2022

Brigham Minerals, Inc. Provides Production Guidance for the Year 2022

Brigham Minerals, Inc. (NYSE:MNRL) entered into a definitive agreement to acquire Certain Mineral and Royalty Interests in the Midland Basin from Echo Minerals AC, LLC.

Brigham Minerals, Inc. to Report Q4, 2021 Results on Feb 23, 2022

Brigham Minerals, Inc. (NYSE:MNRL) completed the acquisition of Certain Mineral of DJ Basin in Colorado and Wyoming.

Upcoming dividend of US$0.40 per share

Third quarter 2021 earnings released: EPS US$0.42 (vs US$0.24 loss in 3Q 2020)

Upcoming dividend of US$0.35 per share

Second quarter 2021 earnings released: EPS US$0.26 (vs US$0.12 loss in 2Q 2020)

Independent Director Carrie Clark has left the company

Brigham Minerals, Inc.(NYSE:MNRL) dropped from Russell 2000 Value-Defensive Index

Chief Financial Officer recently sold €412k worth of stock

Independent Director Harold Carter has left the company

Upcoming dividend of US$0.32 per share

First quarter 2021 earnings released: EPS US$0.20 (vs US$0.14 in 1Q 2020)

Brigham Minerals, Inc. Declares Quarterly Cash Dividend for the First Quarter 2021 of Class A Common Stock, Payable on May 28, 2021

Full year 2020 earnings released: US$1.11 loss per share (vs US$0.27 profit in FY 2019)

Revenue misses expectations

Brigham Minerals, Inc. Appoints Jon-Al Duplantier as Director

New 90-day high: €12.30

Brigham Minerals, Inc. to Report Q4, 2020 Results on Feb 24, 2021

New 90-day high: €11.70

New 90-day high: €10.40

New 90-day high: €10.10

Third quarter 2020 earnings released: US$0.24 loss per share

Revenue beats expectations

Founder & Executive Chairman recently bought €165k worth of stock

Brigham Minerals, Inc. Announces Resignation of John A. Holland from the Board of Directors

Brigham Minerals, Inc. has completed a Follow-on Equity Offering in the amount of $35.802914 million.

New 90-day low - €9.10

Brigham Minerals, Inc. to Report Q2, 2020 Results on Aug 12, 2020

Brigham Minerals, Inc.(NYSE:MNRL) dropped from Russell 2500 Growth Index

Brigham Minerals, Inc.(NYSE:MNRL) dropped from Russell 3000 Growth Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age