MNRL News

Despite losing a day, this has been the busiest week of the year for IPOs with 8 IPOs raising $8.9 billion led by  Zoom Video (ZM), which popped 72% on its first day of trading after raising $751 million in an IPO that priced above its upwardly revised range. Zoom's first day performance marks the biggest first day return for a decacorn since 2013.  ...read more

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...read more

A whopping eight IPOs plan to raise $2.5 billion ahead of the Easter holiday weekend, the busiest week of the 2019 IPO market. Year-to-date, 26 IPOs have raised $6.6 billion. While April won't have much pricing activity after this week, May already looks busy, with 12 new filings this past week, including Uber (UBER). Aside from this week's headliner tech...read more

Brigham Minerals, which owns oil and gas mineral royalty interests underlying 68,800 acres across the US, announced terms for its IPO on Tuesday. The Austin, TX-based company plans to raise $223 million by offering 13.5 million shares at a price range of $15 to $18. At the midpoint of the proposed range, Brigham Minerals would command a fully diluted market value of $786...read more