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Permian oil play Brigham Minerals prices upsized IPO at $18 high end

April 17, 2019
MNRL

Brigham Minerals, which owns oil and gas mineral royalty interests underlying 68,800 acres across the US, raised $261 million by offering 14.5 million shares at $18, selling an additional 1.0 million shares at the high end of the $15 to $18 range.

Brigham Minerals plans to list on the NYSE under the symbol MNRL. Credit Suisse, Goldman Sachs, Barclays, RBC Capital Markets, UBS Investment Bank and Wells Fargo Securities acted as lead managers on the deal.