Brigham Minerals, Inc. owns and operates a portfolio of mineral and royalty interests in the continental United States. More Details
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has Brigham Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MNRL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MNRL's weekly volatility has decreased from 12% to 6% over the past year.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: MNRL exceeded the US Oil and Gas industry which returned -0.9% over the past year.
Return vs Market: MNRL underperformed the US Market which returned 34.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Brigham Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StIs Brigham Minerals, Inc. (NYSE:MNRL) A Good Dividend Stock?
3 weeks ago | Simply Wall StAre Investors Undervaluing Brigham Minerals, Inc. (NYSE:MNRL) By 49%?
1 month ago | Simply Wall StIf You Had Bought Brigham Minerals' (NYSE:MNRL) Shares A Year Ago You Would Be Down 34%
Is Brigham Minerals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: MNRL ($16.11) is trading above our estimate of fair value ($15.09)
Significantly Below Fair Value: MNRL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MNRL is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: MNRL is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MNRL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MNRL is good value based on its PB Ratio (1.2x) compared to the US Oil and Gas industry average (1.4x).
How is Brigham Minerals forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MNRL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: MNRL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MNRL's is expected to become profitable in the next 3 years.
Revenue vs Market: MNRL's revenue (14% per year) is forecast to grow faster than the US market (10.5% per year).
High Growth Revenue: MNRL's revenue (14% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MNRL's Return on Equity is forecast to be low in 3 years time (2.1%).
How has Brigham Minerals performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: MNRL is currently unprofitable.
Growing Profit Margin: MNRL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MNRL's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare MNRL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MNRL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-35.8%).
Return on Equity
High ROE: MNRL has a negative Return on Equity (0.23%), as it is currently unprofitable.
How is Brigham Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: MNRL's short term assets ($30.7M) exceed its short term liabilities ($7.4M).
Long Term Liabilities: MNRL's short term assets ($30.7M) do not cover its long term liabilities ($134.0M).
Debt to Equity History and Analysis
Debt Level: MNRL's debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MNRL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MNRL's debt is well covered by operating cash flow (1524.6%).
Interest Coverage: MNRL is unprofitable, therefore interest payments are not well covered by earnings.
What is Brigham Minerals's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MNRL's dividend (9.44%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: MNRL's dividend (9.44%) is in the top 25% of dividend payers in the US market (3.75%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MNRL has been paying a dividend for less than 10 years.
Growing Dividend: MNRL's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: MNRL is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: MNRL's dividends in 3 years are not forecast to be well covered by earnings (175.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Roosa (50 yo)
Mr. Robert M. Roosa, also known as Rob, has been Chief Executive Officer of Brigham Minerals, Inc. since July 2017 and serves as its Director since May 2018. He served as president of Brigham Minerals, Inc...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD6.20M) is above average for companies of similar size in the US market ($USD2.21M).
Compensation vs Earnings: Rob's compensation has increased whilst the company is unprofitable.
|CEO & Director||3.58yrs||US$6.20m||0.30% |
|Chief Financial Officer||3.58yrs||US$2.91m||0.15% |
|VP, General Counsel & Corporate Secretary||1.08yrs||no data||0.020% |
|Vice President of Exploration for the Mid-Continent & Rocky Mountain Regions||no data||no data||no data|
|Vice President of Exploration for the Permian & Williston Basins||no data||no data||no data|
Experienced Management: MNRL's management team is considered experienced (3.6 years average tenure).
|CEO & Director||3.58yrs||US$6.20m||0.30% |
|Independent Director||7.83yrs||US$224.57k||0.019% |
|Founder & Executive Chairman||8.25yrs||US$7.80m||0.35% |
|Independent Director||0.50yr||no data||no data|
|Independent Director||2.75yrs||US$224.57k||0.019% |
|Independent Director||8.08yrs||US$243.32k||0.12% |
|Independent Director||8.08yrs||US$224.57k||0.019% |
|Independent Director||2.75yrs||US$239.57k||0.077% |
|Independent Director||1yr||no data||no data|
Experienced Board: MNRL's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Brigham Minerals, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Brigham Minerals, Inc.
- Ticker: MNRL
- Exchange: NYSE
- Founded: 2012
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: US$881.143m
- Market Cap: US$697.819m
- Shares outstanding: 56.48m
- Website: https://www.brighamminerals.net
Number of Employees
- Brigham Minerals, Inc.
- 5914 West Courtyard Drive
- Suite 150
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MNRL||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Apr 2019|
|2TQ||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Apr 2019|
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 Wes...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/02/25 01:32|
|End of Day Share Price||2021/02/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.