Private company

MNRL Sub Inc.

MNRL Sub Inc. is an American crude petroleum and natural gas company based in Austin.2

Last updated Oct 21, 2026.

Overview

$156.7MRevenue, fiscal 20213
$68.0MNet income, fiscal 20213
  • IndustryCrude Petroleum & Natural Gas2
  • HeadquartersAustin, United States2
  • Incorporated inDE4
  • Business address1401 Lawrence Street, Suite 1750, Denver, Co 802024
  • Filer categoryLarge accelerated filer4
  • Legal formCorporation2
  • LEI549300IQ6JCXW59RO1752
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 69558812

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

54.8%Operating margin3
43.4%Net margin3
81.7%Revenue growth, 20213
12.9%Return on equity3
0.18×Debt to equity3

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Other costs46¢$72.4M
  • Income tax10¢$16.3M
  • Profit43¢$68.0M

Out of $156.7M in revenue.3

Where each dollar of operating cash went, fiscal 2021

  • Dividends paid56¢$60.6M
  • Kept or used elsewhere44¢$48.6M

Out of $109.2M of cash from operations.3

Financial statements

Revenue563$156.7M in 2021+283% since 2017
0$50.0M$100.0M$150.0M$200.0M2017: $40.9M$40.9M20172018: $67.3M$67.3M2018+64%2019: $97.9M$97.9M2019+46%2020: $86.2M$86.2M2020−12%2021: $156.7M$156.7M2021+82%
Operating income563$85.9M in 2021−29% since 2017
-$100.0M-$50.0M0$50.0M$100.0M$150.0M2017: $121.2M$121.2M20172018: $39.2M$39.2M2018−68%2019: $37.2M$37.2M2019−5%2020: -$70.3M-$70.3M20202021: $85.9M$85.9M2021
Net income563$68.0M in 2021−41% since 2017
-$100.0M-$50.0M0$50.0M$100.0M$150.0M2017: $115.6M$115.6M20172018: $32.8M$32.8M2018−72%2019: $21.6M$21.6M2019−34%2020: -$58.0M-$58.0M20202021: $68.0M$68.0M2021
Fiscal year201620172018201920202021
Revenue$40.9M5$67.3M6$97.9M3$86.2M3$156.7M3
Operating income$121.2M5$39.2M6$37.2M3-$70.3M3$85.9M3
Income before tax$84.3M3
Income tax$1.0M5$327.0K6$2.7M3-$12.8M3$16.3M3
Net income$115.6M5$32.8M6$21.6M3-$58.0M3$68.0M3
Earnings per share$0.005$0.006$0.263-$1.113$1.133
Earnings per share (diluted)$0.005$0.006$0.263-$1.113$1.103
Shares (weighted, basic)44.6M shares3
Shares (weighted, diluted)45.6M shares3

Compare MNRL Sub Inc. with another company

Corporate structure

MNRL Sub Inc. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of MNRL Sub Inc.

  • MNRL Sub Inc. Austin, Texas, United States
    • BRIGHAM RESOURCES, LLC Subsidiary · Austin, Texas, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What MNRL Sub Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Operating-lease assets (leased space)$6.8M3 Dec 31, 2021$03 Dec 31, 2020
Oil and gas properties$732.1M3 Dec 31, 2021$623.8M3 Dec 31, 2020+17.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$20.8M3 Dec 31, 2021$9.1M3 Dec 31, 2020+127.7%

Leadership

Who has led MNRL Sub Inc., and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Kari Arneil Potts2020
20202025
Board members and other officers (18)

Former names

  • Brigham Minerals, Inc.Jul 17, 2018 to Jan 3, 20234

Timeline

  1. Dec 29, 20228-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation30
  2. Dec 23, 20228-K Executive or director change31
  3. Nov 22, 20228-K Regulation FD disclosure32
  4. Nov 14, 20228-K Regulation FD disclosure33
  5. Nov 3, 20228-K Results of operations34
  6. Oct 27, 20228-K Completed an acquisition or sale35
  7. Oct 11, 20228-K Regulation FD disclosure36
  8. Sep 9, 20228-K Entered a material agreement37
  9. Sep 6, 20228-K Regulation FD disclosure38
  10. Aug 26, 20228-K Entered a material agreement; Regulation FD disclosure39
  11. Aug 4, 20228-K Results of operations40
  12. Jun 8, 20228-K Entered a material agreement; New debt or obligation41
  13. Apr 17, 2019New chief executive Robert M. Roosa becomes CEO10
  14. Jun 29, 2018Founded MNRL Sub Inc. is founded2

Calendar

When it reported results

  1. Nov 3, 2022Reported quarterly or annual results34
  2. Aug 4, 2022Reported quarterly or annual results40
  3. May 4, 2022Reported quarterly or annual results42
  4. Feb 23, 2022Reported quarterly or annual results43
  5. Nov 3, 2021Reported quarterly or annual results44

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

112 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 21 major events, 59 insider forms, 9 large holders, 18 other. The latest 20:

  1. Jan 31, 2023SC 13G/A SC 13GA EDGAR
  2. Jan 11, 2023EFFECT EDGAR
  3. Jan 11, 2023EFFECT EDGAR
  4. Jan 10, 2023SC 13G/A EDGAR
  5. Jan 9, 202315-12G EDGAR
  6. Jan 5, 2023POS AM EDGAR
  7. Jan 5, 2023POS AM EDGAR
  8. Jan 5, 2023S-8 POS EDGAR
  9. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  10. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  11. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  12. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  13. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  14. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  15. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  16. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  17. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  18. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  19. Jan 3, 20234 FORM 4 SUBMISSION EDGAR
  20. Jan 3, 20234 FORM 4 SUBMISSION EDGAR

The 112 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

36 open-market trades by officers, directors and large owners since October 2021: 0 buys and 36 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 5, 2022Roosa Robert M.Chief Executive OfficerSale6,250$35.75$223.5KForm 4
Sep 6, 2022Roosa Robert M.Chief Executive OfficerSale6,250$28.48$178.0KForm 4
Jun 23, 2022Pine Brook BXP II Intermediate, L.P.DirectorSale41,503$25.21$1.0MForm 4
Jun 22, 2022PBRA, LLCDirectorSale40,472$26.58$1.1MForm 4
Jun 21, 2022PBRA, LLCDirectorSale59,390$28.15$1.7MForm 4
Jun 15, 2022Pine Brook Capital Partners II, L.P.DirectorSale55,247$30.57$1.7MForm 4
Jun 14, 2022Pine Brook Capital Partners II, L.P.DirectorSale126,731$30.67$3.9MForm 4
Jun 13, 2022Pine Brook PD Intermediate, L.P.DirectorSale173,733$30.87$5.4MForm 4
Jun 10, 2022Pine Brook PD Intermediate, L.P.DirectorSale100,253$32.32$3.2MForm 4
Jun 6, 2022Roosa Robert M.Chief Executive OfficerSale6,250$31.94$199.6KForm 4
May 26, 2022Williams Blake C.Chief Financial OfficerSale25,000$30.00$750.0KForm 4
May 26, 2022Roosa Robert M.Chief Executive OfficerSale50,000$30.00$1.5MForm 4
May 26, 2022NEWMAN HOWARD HDirectorSale389,626$29.37$11.4MForm 4
Mar 22, 2022PBRA, LLCDirectorSale802,298$23.81$19.1MForm 4
Mar 21, 2022PBRA, LLCDirectorSale134,248$24.62$3.3MForm 4
Mar 18, 2022Pine Brook PD Intermediate, L.P.DirectorSale217,904$24.27$5.3MForm 4
Mar 17, 2022Pine Brook PD Intermediate, L.P.DirectorSale214,432$24.27$5.2MForm 4
Mar 16, 2022Pine Brook Capital Partners II, L.P.DirectorSale47,431$24.05$1.1MForm 4
Mar 15, 2022Pine Brook Capital Partners II, L.P.DirectorSale136,480$24.11$3.3MForm 4
Mar 14, 2022Pine Brook Road Advisors, L.P.DirectorSale135,337$24.64$3.3MForm 4

All 36 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How MNRL Sub Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMNRL Sub Inc.1
  • CIK0001745797
  • Employer ID (EIN)83-11062831
  • Filer statusLarge accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)1311 Crude Petroleum & Natural Gas1
  • Business address1401 Lawrence Street, Suite 1750, Denver, CO 802021
  • Phone(720) 640-76201
  • Public float$987.3M as of Jun 30, 20213
  • On EDGAR sinceJul 17, 20181
  • Filings324 in all: 4 (143), 8-K (41), 3 (26), SC 13G/A (22), SC 13G (13), 10-Q (12), CORRESP (8), 425 (7)1
    All 34 form types

    UPLOAD (6), EFFECT (5), 424B5 (4), DEFA14A (4), 10-K (3), DEF 14A (3), DRS/A (3), 424B4 (2), DRS (2), POS AM (2), S-1 (2), S-1/A (2), 15-12G (1), 25-NSE (1), 3/A (1), 4/A (1), 424B7 (1), 8-A12B (1), CERT (1), DEFM14A (1), DRSLTR (1), S-1MEF (1), S-3 (1), S-3ASR (1), S-8 (1), S-8 POS (1)

  • Latest filingsAnnual report (10-K) Feb 28, 2022
    Quarterly report (10-Q) Nov 3, 2022
    Proxy statement (DEF 14A) Apr 13, 2022
    Latest 8-K (8-K) Dec 29, 2022

Sources

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