MNRL · Categories · M&A
MNRL - Mergers and acquisitions
Brigham Minerals Inc. (MNRL) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for MNRL
- Brigham Minerals, Inc. Stockholders Approve Merger with Sitio Royalties Corp.Brigham Minerals, Inc. (NYSE:MNRL) ("Brigham" or the "Company") today announced the stockholders of the Company voted in favor of all proposals necessary for the closing of the previously announced merger (the "Merger") between Brigham and Sitio Royalties Corp. ("Sitio"). The Merger is anticipated to close on December 29, 2022. At the special meeting of Brigham stockholders held today, more than 81.2% of the shares of Brigham common stock were represented, and more than 99.7% of the votes cast were in favor of the Merger. As previously announced, Brigham stockholders will receive 1.133 shares of Class A common stock of Snapper Merger Sub I, Inc. ("New Sitio") for each share of Brigham Cla
- Brigham Minerals, Inc. Announces Core Midland Basin AcquisitionBrigham Minerals, Inc. (NYSE:MNRL) ("Brigham Minerals," "Brigham," or the "Company"), today announced it has entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interests in the Midland Basin from royalty funds managed by Avant Natural Resources, LLC and its affiliates for approximately $132.5 million in cash subject to certain closing adjustments (the "Midland Acquisition"). MIDLAND ACQUISITION CONTINUES PERMIAN CONSOLIDATION AND VALUE CREATION Acquiring approximately 3,900 net royalty acres in the core of the Midland Basin in Martin and Midland Counties Well diversified position to be developed by highly active operators including Endeavor Ene
- Brigham Minerals, Inc. Announces Highly Accretive Midland Basin AcquisitionBrigham Minerals, Inc. (NYSE:MNRL) ("Brigham Minerals," "Brigham," or the "Company"), today announced it has entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interests in the Midland Basin for approximately $15 million in cash and approximately 800,000 shares of Class A common stock subject to certain closing adjustments (the "Midland Acquisition"). MIDLAND ACQUISITION CONTINUES CONSOLIDATION MOMENTUM AND VALUE CREATION Subsequent to year-end, the Company entered into a definitive purchase and sale agreement for a high-quality Midland Basin package Approximately 1,800 net royalty acres in the Midland Basin largely operated by Pioneer Natural
- Brigham Minerals, Inc. Announces Completion of DJ Basin Mineral and Royalty Interest AcquisitionBrigham Minerals, Inc. (NYSE:MNRL) ("Brigham Minerals" or "the Company"), a leading mineral and royalty interest acquisition company, today announced that it has completed its previously announced acquisition of certain mineral and royalty interest in the DJ Basin for approximately $43 million of cash and 2.2 million shares of Class A common stock subject to certain post-closing adjustments (the "DJ Acquisition"). Concurrent with the closing of the DJ Acquisition, the Company completed a borrowing base redetermination including the DJ Acquisition which resulted in a $230 million borrowing base with $137 million of undrawn capacity post funding the cash portion of the DJ Acquisition. 2022
- Brigham Minerals, Inc. Announces Accretive DJ Basin AcquisitionBrigham Minerals, Inc. (NYSE:MNRL) ("Brigham Minerals," "Brigham," or the "Company"), today announced it has entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interests in the DJ Basin for approximately $44 million in cash and approximately 2.2 million shares of Class A common stock subject to certain closing adjustments (the "DJ Acquisition"). DJ ACQUISITION TO PROVIDE SUBSTANTIAL CASH FLOW AND NET ASSET VALUE ACCRETION On November 3, 2021, the Company entered into a definitive purchase and sale agreement for large PDP and DUC focused DJ Acquisition 8,400 net royalty acres primarily in Weld County operated by PDC Energy, Inc. Chevron Corporat
- Brigham Minerals, Inc. Reports Record First Quarter 2021 Operating and Financial ResultsBrigham Minerals, Inc. (NYSE:MNRL) ("Brigham Minerals," "Brigham," or the "Company"), a leading mineral and royalty interest acquisition company, today announced record operating and financial results for the quarter ended March 31, 2021. FIRST QUARTER 2021 OPERATIONAL AND FINANCIAL HIGHLIGHTS AND RECENT DEVELOPMENTS Daily production volumes of 8,931 Boe/d (70% liquids, 51% oil) Down 5% sequentially from Q4 2020 due to impacts associated with Winter Storm Uri Record total revenues of $33.8 million Up 42% sequentially from Q4 2020 driven by 45% higher realized prices and $1.6 million in lease bonus Net income totaling $12.1 million Record Adjusted EBITDA(1) totaling $27.1
- Brigham Minerals, Inc. Schedules First Quarter 2021 Conference Call for May 7, 2021Brigham Minerals, Inc. (NYSE:MNRL) ("Brigham Minerals" or "the Company"), a leading mineral and royalty interest acquisition company, plans to announce first quarter 2021 operating and financial results after market close on Thursday, May 6, 2021. In conjunction with the release, Brigham Minerals will host a conference call to discuss its results on Friday, May 7, 2021, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). Brigham Minerals First Quarter 2021 Earnings Conference Call Friday, May 7, 2021, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) Pre-register by visiting https://dpregister.com/sreg/10155398/e7410680c2 Listen to a live audio webcast of the call by visiting th
- Brigham Minerals, Inc. Schedules Fourth Quarter and Full-Year 2020 Conference Call For February 25, 2021AUSTIN, Texas--(BUSINESS WIRE)--Brigham Minerals, Inc. (NYSE: MNRL) (“Brigham Minerals” or “the Company”), a leading mineral and royalty interest acquisition company, plans to announce fourth quarter and full-year 2020 operating and financial results after market close on Wednesday, February 24, 2021. In conjunction with the release, Brigham Minerals will host a conference call to discuss its results on Thursday, February 25, 2021, at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). Brigham Minerals Fourth Quarter and Full-Year 2020 Earnings Conference Call Thursday, February 25, 2021, at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) Pre-register by visiting https://dpregis
- Brigham Minerals, Inc. Announces Participation in Goldman Sachs Global Energy Conference 2021AUSTIN, Texas--(BUSINESS WIRE)--Brigham Minerals, Inc. (NYSE: MNRL) (“Brigham Minerals,” “Brigham,” or the “Company”) today announced that Rob Roosa, Chief Executive Officer, will participate in a panel at the Goldman Sachs Global Energy Conference on January 7th at 3:00 p.m. Central Time. ABOUT BRIGHAM MINERALS, INC. Brigham Minerals is an Austin, Texas based company that acquires and actively manages a portfolio of mineral and royalty interests in the core of some of the most active, highly economic, liquids-rich resource basins across the continental United States. Brigham Minerals’ assets are located in the Permian Basin in Texas and New Mexico, the SCOOP and STACK plays in th