Brigham Royalties

Brigham Royalties, formerly known as Brigham Minerals (ex-NYSE: MNRL), located in the US, specializes in acquiring and managing non-operated oil and gas assets, primarily within the prolific Permian Basin region of Texas and New Mexico, focusing on operational efficiencies and investor returns. Brigham Royalties focuses on non-operated oil and gas acquisitions, strategically targeting assets in the Permian Basin. Founded in 2012, the company is headquartered in Austin, US. The firm has completed five deals with its latest funding round occurring on September 10, 2020, where it raised USD 35.

80 mn through a Private Placement from Credit Suisse Securities, bringing the total amount raised to USD 35. 80 mn. The company operates independently without any known subsidiaries or parent companies. Brigham Royalties specializes in the acquisition and management of non-operated oil and gas production assets, particularly in the Permian Basin.

Their services include identifying and managing oil and gas properties, enabling institutional investors and private equity firms to benefit from existing infrastructure without direct involvement. This strategic focus enhances production capabilities while ensuring adherence to industry regulations, catering to diverse stakeholders in the energy sector. In 2021, Brigham Minerals reported revenue of USD 161. 22 mn and an EBITDA of USD 122.

92 mn. The firm generates revenue primarily through managing oil and gas assets, typically structured around partnerships and joint ventures. The revenue model may incorporate profit-sharing agreements, aligning Brigham's interests with those of clients seeking enhanced asset performance. Brigham Royalties plans to leverage its recent funding of USD 35.

80 mn to expand its operational capabilities within the Permian Basin, targeting new acquisitions that enhance its asset portfolio. The company aims to explore additional markets for oil and gas assets, although specific new geographic regions have not been disclosed. The initiatives focus on optimizing production efficiencies and maximizing returns for investors.