Falcon Minerals Corp.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Falcon Minerals Corp. - overview
Established
2016
Location
New York, NY, US
Primary Industry
Oil & Gas
About
Based in New York, US, and founded in 2016, Falcon Minerals Corp. operates as an oil and gas minerals company. Bryan C. Gunderson serves as the President and Chief Executive Officer (CEO) of the company as of 2021.
In January 2022, the company entered into an agreement to merge with Desert Peak Minerals. The company is listed on Nasdaq under the tickers "FLMN" and "FLMNW". The company is a C-corporation formed to manage and purchase oil-weighted mineral rights in key US basins. Falcon has mineral, royalty, and overriding royalty interests in the Eagle Ford Shale core, as well as mineral interests in the Marcellus Shale in Pennsylvania.
Falcon is committed to delivering significant shareholder returns through dividends and asset growth from its high-margin oil and gas assets. The company generates revenue from royalty interests, mineral interests, non-participating royalty interests, and overriding royalty interests in oil and natural gas properties in North America. It generated royalty revenue of USD 19. 1 million (approximately 71% oil) and lease bonus revenue of USD 1.
1 million for the third quarter of 2021. Following the merger agreement with Desert Peak Minerals, the combined company will be managed by the Desert Peak team and will be headquartered in Denver, Colorado.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.falconminerals.com
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.