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
- 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
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
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| 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 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Cash | $34.0M5 | $6.9M6 | $32.0M5 | $51.1M6 | $9.1M3 | $20.8M3 |
| Receivables | $30.5M3 | |||||
| Current assets | $61.3M5 | $83.1M6 | $30.5M3 | $54.7M3 | ||
| Total assets | $554.0M5 | $784.2M6 | $681.0M3 | $820.9M3 | ||
| Current liabilities | $7.8M5 | $11.5M6 | $7.9M3 | $21.7M3 | ||
| Long-term debt | $168.5M5 | $06 | $20.0M3 | $93.0M3 | ||
| Retained earnings | -$105.1M3 | |||||
| Shareholders’ equity | $300.5M5 | $302.2M6 | $373.9M6 | $317.3M6 | $505.6M3 | $526.4M3 |
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.
- Pine Brook Road Advisors, L.P. Filed SC 13G/A on MNRL Sub Inc., latest Jan 31, 2023 (2 filings since Feb 10, 2022)
- FMR LLC Filed SC 13G/A on MNRL Sub Inc., latest Jan 10, 2023 (2 filings since Feb 9, 2022)
- Wellington Management Company Filed SC 13G/A on MNRL Sub Inc., latest Jul 11, 2022 (2 filings since Feb 4, 2022)
- ADAGE CAPITAL PARTNERS GP, L.L.C. Filed SC 13G/A on MNRL Sub Inc., latest Feb 10, 2022
- VANGUARD GROUP INC Filed SC 13G/A on MNRL Sub Inc., latest Feb 9, 2022
- BlackRock Filed SC 13G/A on MNRL Sub Inc., latest Feb 3, 2022
- 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| 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
Leadership
Who has led MNRL Sub Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerRobert M. Roosa Apr 17, 2019 to Jan 3, 202310
- ChairBen M. Brigham Apr 17, 2019 to Jan 3, 202311
- Chief financial officerKari Arneil Potts Feb 19, 2020 to Feb 19, 202012
Board members and other officers (18)
- VP & Chief Accounting OfficerIvan Alexandrov Gaidarov Apr 8, 2022 to Jan 3, 202313
- OfficerKari Arneil Potts Jan 27, 2020 to Jan 3, 202314
- Board memberGayle Burleson Jan 26, 2022 to Jan 3, 202315
- Board memberStacy Hock Jan 26, 2022 to Jan 3, 202316
- Board memberHoward H. Newman Mar 9, 2022 to Jun 27, 202217
- Board memberJon-Al Duplantier Feb 24, 2021 to Jan 3, 202318
- Board memberCarrie Pearson Clark Mar 5, 2020 to May 28, 202119
- Board memberA. Lance Langford Aug 14, 2020 to Jan 3, 202320
- Board memberBrook Pd Intermediate L.p. Pine Apr 17, 2019 to Jun 27, 202221
- Board memberHarold D. Carter Apr 17, 2019 to Jan 28, 202122
- Board memberJames R. Levy Apr 17, 2019 to Jan 3, 202323
- Board memberJohn R. Sult Apr 17, 2019 to Jan 3, 202324
- Board memberRichard K. Stoneburner Apr 17, 2019 to Jan 3, 202325
- Board memberRobert M. Roosa Apr 17, 2019 to Jan 3, 202310
- Board memberW. Howard Keenan Jr. Apr 17, 2019 to Dec 22, 202126
- Board memberPincus (e&p) Xi L.p. Warburg Apr 18, 2019 to Sep 17, 202027
- Board memberBrook Bxp Intermediate L.p. Pine Apr 25, 2019 to Jun 27, 202228
- Board memberJoseph Landy Dec 18, 2019 to Dec 18, 201929
Former names
- Brigham Minerals, Inc.Jul 17, 2018 to Jan 3, 20234
Timeline
- Dec 29, 20228-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation30
- Dec 23, 20228-K Executive or director change31
- Nov 22, 20228-K Regulation FD disclosure32
- Nov 14, 20228-K Regulation FD disclosure33
- Nov 3, 20228-K Results of operations34
- Oct 27, 20228-K Completed an acquisition or sale35
- Oct 11, 20228-K Regulation FD disclosure36
- Sep 9, 20228-K Entered a material agreement37
- Sep 6, 20228-K Regulation FD disclosure38
- Aug 26, 20228-K Entered a material agreement; Regulation FD disclosure39
- Aug 4, 20228-K Results of operations40
- Jun 8, 20228-K Entered a material agreement; New debt or obligation41
- Apr 17, 2019New chief executive Robert M. Roosa becomes CEO10
- Jun 29, 2018Founded MNRL Sub Inc. is founded2
Calendar
When it reported results
- Nov 3, 2022Reported quarterly or annual results34
- Aug 4, 2022Reported quarterly or annual results40
- May 4, 2022Reported quarterly or annual results42
- Feb 23, 2022Reported quarterly or annual results43
- 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:
- Jan 31, 2023SC 13G/A SC 13GA EDGAR
- Jan 11, 2023EFFECT EDGAR
- Jan 11, 2023EFFECT EDGAR
- Jan 10, 2023SC 13G/A EDGAR
- Jan 9, 202315-12G EDGAR
- Jan 5, 2023POS AM EDGAR
- Jan 5, 2023POS AM EDGAR
- Jan 5, 2023S-8 POS EDGAR
- Jan 3, 20234 FORM 4 SUBMISSION EDGAR
- Jan 3, 20234 FORM 4 SUBMISSION EDGAR
- Jan 3, 20234 FORM 4 SUBMISSION EDGAR
- Jan 3, 20234 FORM 4 SUBMISSION EDGAR
- Jan 3, 20234 FORM 4 SUBMISSION EDGAR
- Jan 3, 20234 FORM 4 SUBMISSION EDGAR
- Jan 3, 20234 FORM 4 SUBMISSION EDGAR
- Jan 3, 20234 FORM 4 SUBMISSION EDGAR
- Jan 3, 20234 FORM 4 SUBMISSION EDGAR
- Jan 3, 20234 FORM 4 SUBMISSION EDGAR
- Jan 3, 20234 FORM 4 SUBMISSION EDGAR
- 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.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 5, 2022 | Roosa Robert M.Chief Executive Officer | Sale | 6,250 | $35.75 | $223.5K | Form 4 |
| Sep 6, 2022 | Roosa Robert M.Chief Executive Officer | Sale | 6,250 | $28.48 | $178.0K | Form 4 |
| Jun 23, 2022 | Pine Brook BXP II Intermediate, L.P.Director | Sale | 41,503 | $25.21 | $1.0M | Form 4 |
| Jun 22, 2022 | PBRA, LLCDirector | Sale | 40,472 | $26.58 | $1.1M | Form 4 |
| Jun 21, 2022 | PBRA, LLCDirector | Sale | 59,390 | $28.15 | $1.7M | Form 4 |
| Jun 15, 2022 | Pine Brook Capital Partners II, L.P.Director | Sale | 55,247 | $30.57 | $1.7M | Form 4 |
| Jun 14, 2022 | Pine Brook Capital Partners II, L.P.Director | Sale | 126,731 | $30.67 | $3.9M | Form 4 |
| Jun 13, 2022 | Pine Brook PD Intermediate, L.P.Director | Sale | 173,733 | $30.87 | $5.4M | Form 4 |
| Jun 10, 2022 | Pine Brook PD Intermediate, L.P.Director | Sale | 100,253 | $32.32 | $3.2M | Form 4 |
| Jun 6, 2022 | Roosa Robert M.Chief Executive Officer | Sale | 6,250 | $31.94 | $199.6K | Form 4 |
| May 26, 2022 | Williams Blake C.Chief Financial Officer | Sale | 25,000 | $30.00 | $750.0K | Form 4 |
| May 26, 2022 | Roosa Robert M.Chief Executive Officer | Sale | 50,000 | $30.00 | $1.5M | Form 4 |
| May 26, 2022 | NEWMAN HOWARD HDirector | Sale | 389,626 | $29.37 | $11.4M | Form 4 |
| Mar 22, 2022 | PBRA, LLCDirector | Sale | 802,298 | $23.81 | $19.1M | Form 4 |
| Mar 21, 2022 | PBRA, LLCDirector | Sale | 134,248 | $24.62 | $3.3M | Form 4 |
| Mar 18, 2022 | Pine Brook PD Intermediate, L.P.Director | Sale | 217,904 | $24.27 | $5.3M | Form 4 |
| Mar 17, 2022 | Pine Brook PD Intermediate, L.P.Director | Sale | 214,432 | $24.27 | $5.2M | Form 4 |
| Mar 16, 2022 | Pine Brook Capital Partners II, L.P.Director | Sale | 47,431 | $24.05 | $1.1M | Form 4 |
| Mar 15, 2022 | Pine Brook Capital Partners II, L.P.Director | Sale | 136,480 | $24.11 | $3.3M | Form 4 |
| Mar 14, 2022 | Pine Brook Road Advisors, L.P.Director | Sale | 135,337 | $24.64 | $3.3M | Form 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.
- Pine Brook Road Advisors, L.P.SC 13G/A, 2 filings Feb 10, 2022 to Jan 31, 202345
- FMR LLCSC 13G/A, 2 filings Feb 9, 2022 to Jan 10, 202346
- Wellington Management CompanySC 13G/A, 2 filings Feb 4, 2022 to Jul 11, 202247
- ADAGE CAPITAL PARTNERS GP, L.L.C.SC 13G/A, 1 filing Feb 10, 202248
- VANGUARD GROUP INCSC 13G/A, 1 filing Feb 9, 202249
- BlackRockSC 13G/A, 1 filing Feb 3, 202250
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
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARMNRL Sub Inc. filings on SEC EDGAR
- 2
- 3SEC EDGARMNRL Sub Inc. 10-K for fiscal 2021
- 4SEC EDGARMNRL Sub Inc. filings on SEC EDGAR
- 5SEC EDGARMNRL Sub Inc. 10-K for fiscal 2017
- 6SEC EDGARMNRL Sub Inc. 10-K for fiscal 2018
- 7SEC EDGARMNRL Sub Inc. 10-Q for fiscal 2022
- 8SEC EDGARMNRL Sub Inc. 10-Q for fiscal 2022
- 9SEC EDGARMNRL Sub Inc. 10-Q for fiscal 2022
- 10
- 11SEC EDGARBen M. Brigham, Chair
- 12
- 13
- 14SEC EDGARKari Arneil Potts, Officer
- 15SEC EDGARGayle Burleson, Board member
- 16SEC EDGARStacy Hock, Board member
- 17SEC EDGARHoward H. Newman, Board member
- 18SEC EDGARJon-Al Duplantier, Board member
- 19SEC EDGARCarrie Pearson Clark, Board member
- 20SEC EDGARA. Lance Langford, Board member
- 21
- 22SEC EDGARHarold D. Carter, Board member
- 23SEC EDGARJames R. Levy, Board member
- 24SEC EDGARJohn R. Sult, Board member
- 25SEC EDGARRichard K. Stoneburner, Board member
- 26SEC EDGARW. Howard Keenan Jr., Board member
- 27
- 28
- 29SEC EDGARJoseph Landy, Board member
- 30
- 31SEC EDGARExecutive or director change
- 32SEC EDGARRegulation FD disclosure
- 33SEC EDGARRegulation FD disclosure
- 34SEC EDGARResults of operations
- 35SEC EDGARCompleted an acquisition or sale
- 36SEC EDGARRegulation FD disclosure
- 37SEC EDGAREntered a material agreement
- 38SEC EDGARRegulation FD disclosure
- 39
- 40SEC EDGARResults of operations
- 41
- 42
- 43
- 44
- 45
- 46SEC EDGARFMR LLC SC 13G/A on MNRL Sub Inc.
- 47
- 48
- 49
- 50SEC EDGARBlackRock SC 13G/A on MNRL Sub Inc.