18 Nov 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. sold 40,339 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
8 Nov 2021capital raising announcement▲ GoodMajor
On 2021-11-03 the company's subsidiary Rearden Minerals agreed to buy mineral and royalty interests from Principle Energy and Regal Petroleum (Regal Royalty). Expected consideration is $43,850,000 in cash plus 2,218,962 new Class A shares, with closing expected in Q4 2021 and an effective date of 2021-08-01. Issuing shares to the sellers would add to the share count; the sellers are restricted from selling them until January 13, 2022.
3 Nov 2021quarterly activities report● Neutral
MNRL Sub Inc. reported quarterly revenue of $42.0 million and net income of $14.2 million for the period ended 2021-09-30.
3 Nov 2021quarterly activities report● Neutral
MNRL Sub Inc. reported quarterly revenue of $42.0 million and net income of $14.2 million for the period ended 2021-09-30.
5 Aug 2021quarterly activities report● Neutral
MNRL Sub Inc. reported quarterly revenue of $37.8 million and net income of $11.2 million for the period ended 2021-06-30.
4 Aug 2021quarterly activities report● Neutral
MNRL Sub Inc. reported quarterly revenue of $37.8 million and net income of $11.2 million for the period ended 2021-06-30.
16 July 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. converted derivative holdings into 107,954 shares and disposed of 107,954.
9 July 2021debt financing● Neutral
On 2021-07-07 the Wells Fargo-led credit facility (borrower Brigham Resources, LLC) was amended to raise the borrowing base and commitments from $135.0 million to $165.0 million. The amendment also added conditions on paying dividends or distributions: leverage of at most 3.00x and liquidity of at least 10% of total revolving commitments.
29 June 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. converted derivative holdings into 1,277,656 shares and disposed of 1,277,656.
23 June 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. sold 107,954 shares.
11 June 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. sold 558,046 shares.
8 June 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. sold 281,497 shares.
4 June 2021director interest notice● Neutral
MNRL Sub Inc. Chief Financial Officer Blake C. Williams sold 26,500 shares at $18.99.
2 June 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. sold 117,686 shares.
28 May 2021director interest notice● Neutral
MNRL Sub Inc. director James R. Levy received 7,692 shares as part of the equity award.
28 May 2021director interest notice● Neutral
MNRL Sub Inc. director John R Sult received 7,692 shares as part of the equity award.
28 May 2021director interest notice● Neutral
MNRL Sub Inc. director Jon-al Duplantier received 10,068 shares as part of the equity award.
28 May 2021director interest notice● Neutral
MNRL Sub Inc. director Carrie Pearson Clark received 7,692 shares as part of the equity award.
28 May 2021director interest notice● Neutral
MNRL Sub Inc. director A Lance Langford received 7,692 shares as part of the equity award.
28 May 2021director interest notice● Neutral
MNRL Sub Inc. director Richard K Stoneburner received 7,692 shares as part of the equity award.
28 May 2021director interest notice● Neutral
MNRL Sub Inc. director W Howard Keenan Jr. received 7,692 shares as part of the equity award.
27 May 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. sold 84,111 shares.
24 May 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. sold 71,404 shares.
20 May 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. sold 19,464 shares.
7 May 2021quarterly activities report● Neutral
MNRL Sub Inc. reported quarterly revenue of $33.8 million and net income of $8.6 million for the period ended 2021-03-31.
6 May 2021quarterly activities report● Neutral
MNRL Sub Inc. reported quarterly revenue of $33.8 million and net income of $8.6 million for the period ended 2021-03-31.
24 Mar 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. sold 11,854 shares.
22 Mar 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. sold 3,152 shares.
18 Mar 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. sold 95,526 shares.
16 Mar 2021director interest notice● Neutral
MNRL Sub Inc. insider W Howard Keenan Jr. converted derivative holdings into 34,916 shares and disposed of 34,916.